By The Canadian Press on April 8th, 2024
TORONTO – Canada’s main stock index dipped Monday while U.S. markets were mixed ahead of a busy week that will see lots of economic data, the start of U.S. earnings season, and a Bank of Canada interest rate decision. The S&P/TSX composite index was down 4.08 points at 22,260.30. In New York, the Dow Jones ... Read More »
Be the first to comment!By Stan Choe, The Associated Press on April 8th, 2024
NEW YORK (AP) – U.S. stock indexes held at a virtual standstill Monday as trading calmed after a whirlwind couple of days left them a bit shy of their records. The S&P 500 edged down by 1.95 points, or less than 0.1%, to 5,202.39. It was coming off a shaky stretch where a 1.2% drop ... Read More »
Be the first to comment!By Stan Choe, The Associated Press on April 8th, 2024
NEW YORK (AP) – Stocks drifted to a mixed close after last week’s roller-coaster ride left them shy of their records. The S&P 500, the Dow Jones Industrial Average and the Nasdaq composite all ended little changed. Treasury yields moved higher. The focus on Wall Street has been on interest rates and when the Federal ... Read More »
Be the first to comment!By Bill Graveland, The Canadian Press on April 8th, 2024
CALGARY – A deportation hearing for the truck driver who caused the deadly Humboldt Broncos bus crash six years ago has been scheduled for next month. Lawyer Michael Greene said Monday the hearing for his client Jaskirat Singh Sidhu is to be held May 24. “It was an inevitability. I mean, the (immigration) minister could ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
TORONTO – Tech experts are hopeful that more than two billion dollars in federal funding for Canada’s artificial intelligence industry will accelerate the adoption of technology and help businesses commercialize AI products and services. The federal government announced Sunday that its upcoming budget will set aside $2.4 billion to help bolster Canada’s AI sector. Krista ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
FORT MCMURRAY, Alta. – Oilsands operator Syncrude Canada Ltd. has been ordered to pay a $390,000 penalty in relation to the death of a worker in 2021. Syncrude – which is an oilsands joint venture majority-owned by Suncor Energy Inc. – pleaded guilty on April 4 in a Fort McMurray court to one charge under ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
TORONTO – Losses in the energy sector led Canada’s main stock index slightly lower in late-morning trading on Monday, while U.S. stock markets were up. The S&P/TSX composite index was down 18.63 points at 22,245.75 In New York, the Dow Jones industrial average was up 52.04 points at 38,956.08. The S&P 500 index was up ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
TORONTO – Ontario Premier Doug Ford has directed the Liquor Control Board of Ontario to immediately reverse its decision to get rid of paper bags. The LCBO announced in April 2023 that it would start phasing out the bags, saying the move would divert 2,665 tonnes of waste from landfills and save the equivalent of ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
TORONTO – Royal Bank of Canada says it has terminated chief financial officer Nadine Ahn following an investigation into a personal relationship she allegedly had with another employee. In a statement released Friday evening, RBC says it recently became aware of allegations involving Ahn and launched an internal review, while also consulting external legal counsel ... Read More »
Be the first to comment!By Tara Deschamps, The Canadian Press on April 8th, 2024
When Irina Novoselsky contemplates social media, she’s certain the next decade won’t be anything like the last because consumers increasingly allow the online world to shape nearly every aspect of their lives. “We’re big believers that social media is about to be massively disrupted,” says the chief executive of Hootsuite Inc., a Vancouver-based company that ... Read More »
Be the first to comment!By The Canadian Press on April 8th, 2024
ST. JOHN’S, N.L. – The union representing inshore fish harvesters in Newfoundland and Labrador says its members are refusing to catch crab because the prices offered are too low to make a living. Crab season opened in much of the province on Saturday, but the Fish, Food and Allied Workers Union says fishers have left ... Read More »
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