October 12th, 2024

Stock market today: Wall Street edges higher at the end of a quiet week

By Zimo Zhong And Matt Ott, The Associated Press on November 10th, 2023

NEW YORK (AP) – Wall Street is ticking higher as it nears the close of a mostly quiet week following some fireworks since the summer. The S&P 500 was up 0.3% in early trading Friday and on track to end the week nearly flat. That would follow its best week of the year. The Dow ... Read More »

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Mattress retailer Sleep Country reports Q3 profit down from year ago

By The Canadian Press on November 10th, 2023

TORONTO – Sleep Country Canada Holdings Inc. reported its third-quarter profit fell compared with a year ago as it saw pockets of softness in consumer demand, particularly on larger ticket items. Sleep Country chief executive Stewart Schaefer says the company was pleased with the performance amid an evolving environment, as high interest rates and inflation ... Read More »

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Biden and Xi will meet Wednesday for talks on trade, Taiwan and managing fraught US-China relations

By Aamer Madhani And Colleen Long, The Associated Press on November 10th, 2023

WASHINGTON (AP) – President Joe Biden and Chinese President Xi Jinping will meet Wednesday in California for talks on trade, Taiwan and managing fraught U.S.-Chinese relations in the first engagement between the leaders of the world’s two biggest economies in nearly a year, Biden administration officials said. The White House has said for weeks that ... Read More »

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Héroux-Devtek reports $4.6M Q2 profit, sales up nearly seven per cent from year ago

By The Canadian Press on November 10th, 2023

MONTREAL – Aircraft parts maker Héroux-Devtek Inc. says it earned $4.6 million in its latest quarter, down from $4.8 million in the same quarter last year, as its revenue rose nearly seven per cent. The Quebec-based company says the profit amounted to 14 cents per share for the quarter ended Sept. 30, compared with 14 ... Read More »

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AtkinsRéalis reports Q3 profit up from year ago, raises revenue guidance

By The Canadian Press on November 10th, 2023

MONTREAL – AtkinsRéalis reported its third-quarter profit more than doubled compared with a year ago and raised its outlook for revenue growth. The company formerly known as SNC-Lavalin Group Inc. says its net income from continuing operations amounted to $105 million or 60 cents per diluted share for the quarter ended Sept. 30, up from ... Read More »

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Wynn joins Caesars and MGM in reaching tentative deal to avoid a strike by Las Vegas hotel workers

By Rio Yamat, The Associated Press on November 10th, 2023

LAS VEGAS (AP) – After a marathon week of negotiations, the Las Vegas hotel workers union announced that it reached a tentative deal with Wynn Resorts, preventing a strike that was set to begin Friday morning if bargaining had failed. The new 5-year contract announced early Friday covers 5,000 employees at the company’s flagship hotel-casino ... Read More »

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Apple co-founder Steve Wozniak says he’s back home after having a minor stroke in Mexico

By Fabiola Sánchez, The Associated Press on November 9th, 2023

MEXICO CITY (AP) – Apple co-founder Steve Wozniak says he suffered a minor stroke while attending a business conference in Mexico City. Wozniak told ABC News in a text Thursday that he felt dizzy Wednesday morning, then experienced vertigo before going to the hospital where a MRI revealed he had had a “minor but real ... Read More »

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Apple co-founder Steve Wozniak back in US after being hospitalized in Mexico

By Fabiola Sánchez, The Associated Press on November 9th, 2023

MEXICO CITY (AP) – Apple co-founder Steve Wozniak says he suffered a minor stroke while attending a business conference in Mexico City. Wozniak told ABC News in a text Thursday that he felt dizzy Wednesday morning, then experienced vertigo before going to the hospital where a MRI revealed he had had a “minor but real ... Read More »

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Canopy Growth Corp. reports net loss of $324.8 million in second quarter

By The Canadian Press on November 9th, 2023

SMITHS FALLS, Ont. – Canopy Growth Corp. says its net loss for the second quarter was $324.8 million, compared with $305.8 million a year earlier. The company says its net loss from continuing operations was $148.2 million, compared with $196.5 million during the same quarter last year. Revenues for the quarter were $82.1 million, down ... Read More »

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Aurora Cannabis revenues rise in Q2, led by strength in medical cannabis sales

By The Canadian Press on November 9th, 2023

EDMONTON – Aurora Cannabis Inc. says it earned $256,000 in the second quarter, up from a loss a year earlier of $45.5 million. The Edmonton-based cannabis company says net revenue for the quarter was $63.4 million, up from $48.6 million during the same quarter a year earlier. The company attributed the increase to growth in ... Read More »

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Astronaut Frank Borman, commander of the first Apollo mission to the moon, has died at age 95

By The Associated Press on November 9th, 2023

BILLINGS, Mont. (AP) – Astronaut Frank Borman, who commanded Apollo 8’s historic Christmas 1968 flight that circled the moon 10 times and paved the way for the lunar landing the next year, has died. He was 95. Borman died Tuesday in Billings, Montana, according to NASA. Borman also led troubled Eastern Airlines in the 1970s ... Read More »

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