Business
Alleged North Korean hacker indicted for cyber attacks on American hospitals
By The Associated Press on July 25th, 2024
A man who officials say worked for one of North Korea’s military intelligence agencies has been indicted for his alleged involvement in a conspiracy to hack American health care providers, federal prosecutors announced Thursday. A grand jury in Kansas City, Kansas indicted Rim Jong Hyok, who is accused of laundering ransom money and using the ... Read More »
Be the first to comment!S&P/TSX composite index moves lower Thursday morning, U.S. markets rise
By The Canadian Press on July 25th, 2024
TORONTO – Losses in the mining sector led Canada’s main stock index lower in late-morning trading on Thursday, while U.S. stock markets rose. The S&P/TSX composite index was down 35.90 points at 22,603.67. In New York, the Dow Jones industrial average was up 327.97 points at 40,181.84. The S&P 500 index was up 35.41 points ... Read More »
Be the first to comment!Demi Moore, Paul Rudd oddities join TIFF’s Midnight Madness lineup
By David Friend, The Canadian Press on July 25th, 2024
TORONTO – A body horror flick led by Demi Moore and a dark comedy starring Paul Rudd and Tim Robinson are among the films bound for Midnight Madness at the Toronto International Film Festival. This year’s lineup of 10 unusual Hollywood star turns and obscure oddities will open with the North American premiere of Coralie ... Read More »
Be the first to comment!Loblaw’s second-quarter profit down after agreeing to settle price-fixing lawsuit
By The Canadian Press on July 25th, 2024
BRAMPTON, Ont. – Grocery and drugstore retailer Loblaw Cos. Ltd. reported its second-quarter profit decreased compared with a year ago. The parent company of Loblaws and Shoppers Drug Mart says it earned a profit available to common shareholders of $457 million or $1.48 per diluted share for the quarter ended June 15. The result was ... Read More »
Be the first to comment!Dry cleaning bills also cleaning out your wallet? Experts give advice on how to save
By Tara Deschamps, The Canadian Press on July 25th, 2024
TORONTO – When Kristy Wieber opened a Toronto dress rental company, she quickly learned her business had an unexpected pain point: dry cleaning. Constantly laundering pricey dresses that Rent Frock Repeat lent to its customers meant putting a lot of trust in dry cleaners, which melted the beads of at least one outfit and used ... Read More »
Be the first to comment!Booties. Indoor dog parks. And following the vet’s orders. How to keep pets cool this summer
By Terry Tang, The Associated Press on July 25th, 2024
PHOENIX (AP) – As much of the world swelters, it’s not just people who need help with the dog days of summer. Pet owners have to consider how to both shield and cool down furry family members as intense – at times deadly – heat waves become more common. “It’s really important to remember that ... Read More »
Be the first to comment!Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels
By Matt Ott, The Associated Press on July 25th, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels. Jobless claims for the week ending July 20 fell by 10,000 to 235,000 from 245,000 the previous week, the Labor Department reported Thursday. It’s the ninth straight week claims came in above 220,000. Before that stretch, claims ... Read More »
Be the first to comment!US economic growth increased last quarter to a healthy 2.8% annual rate
By Paul Wiseman, The Associated Press on July 25th, 2024
WASHINGTON (AP) – The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates. Thursday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – picked up in the ... Read More »
Be the first to comment!Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter
By The Canadian Press on July 25th, 2024
CALGARY – Veren Inc. reported its profit rose in its latest quarter to $261 million from $212.3 million a year ago. The oil and gas producer formerly known as Crescent Point Energy Corp. says that amounted to 42 cents per share for the quarter ended June 30 compared with a profit of 39 cents per ... Read More »
Be the first to comment!Aircraft maker Bombardier reports Q2 profit and revenue grow from year ago
By The Canadian Press on July 25th, 2024
MONTREAL – Bombardier Inc. reported a second-quarter profit of US$19 million, up from a loss of US$35 million a year earlier, as its revenue grew 32 per cent. The Montreal-based aircraft maker, which keeps its books in U.S. dollars, says the profit amounted to 12 cents US per diluted share for the quarter ended June ... Read More »
Be the first to comment!Loblaw’s second quarter profit down after agreeing to settle price-fixing lawsuit
By The Canadian Press on July 25th, 2024
BRAMPTON, Ont. – Grocery and drugstore retailer Loblaw Cos. Ltd. reported its second-quarter profit decreased compared with a year ago. The parent company of Loblaws and Shoppers Drug Mart says it earned a profit available to common shareholders of $457 million or $1.48 per diluted share for the quarter ended June 15. The result was ... Read More »
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