Lundin Mining says CEO to step down, names Jack Lundin as successor
By The Canadian Press on October 2nd, 2023
VANCOUVER – Lundin Mining Corp. says chief executive Peter Rockandel is stepping down at the end of the year. The Vancouver-based miner says Jack Lundin, current president and former director, will step in to take his place and also rejoin the board as of Jan. 1, 2024. Board chair Adam Lundin thanked Rockandel for his ... Read More »
Be the first to comment!S&P/TSX composite closes down more than 300 points, U.S. stock markets mixed
By The Canadian Press on October 2nd, 2023
TORONTO – Canada’s main stock index closed down more than 300 points Monday as utility and energy stocks led widespread losses, while U.S. markets were mixed. The S&P/TSX composite index ended down 364.09 points at 19,177.18. In New York, the Dow Jones industrial average was down 74.15 points at 33,433.35. The S&P 500 index was ... Read More »
Be the first to comment!Major wireless carriers now active on Toronto’s subway network after months of talks
By Sammy Hudes, The Canadian Press on October 2nd, 2023
TORONTO – More than a decade after embarking on a plan to offer wireless service on the Toronto subway, the TTC has joined the global ranks of transit systems where riders can make phone calls, send text messages or browse the web underground – regardless of their mobile carrier. Major carriers Bell Canada and Telus ... Read More »
Be the first to comment!Stock market today: Most of Wall Street slips as the bond market cranks up the pressure
By Stan Choe, The Associated Press on October 2nd, 2023
NEW YORK (AP) – Most stocks closed lower as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed Monday. The Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.7%. Slumps for oil-and-gas stocks weighed on the market after crude prices gave back ... Read More »
Be the first to comment!A riled Trump sounds off outside the New York fraud trial that accuses him of lying about wealth
By Michael R. Sisak, Jake Offenhartz And Jennifer Peltz, The Associated Press on October 2nd, 2023
NEW YORK (AP) – Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening statements Monday in a fraud lawsuit that could cost him control of Trump Tower and other prized properties. “Disgraceful trial,” he declared during a lunch break, after listening to lawyers for New York Attorney General Letitia James ... Read More »
Be the first to comment!Enerflex announces CFO departure, shares down more than 20%
By The Canadian Press on October 2nd, 2023
CALGARY – Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year. The company says Rodney Gray has stepped down from the job to pursue other opportunities. Gray joined Enerflex on July ... Read More »
Be the first to comment!A riled Trump sounds off outside NY fraud trial that accuses him of lying about wealth
By Michael R. Sisak, Jake Offenhartz And Jennifer Peltz, The Associated Press on October 2nd, 2023
NEW YORK (AP) – Aggrieved and defiant, former President Donald Trump sat through hours of sometimes testy opening arguments Monday in a fraud lawsuit that could cost him control of some of his most prized properties. “Disgraceful trial,” he declared during a lunch break, after listening to lawyers for New York Attorney General Letitia James ... Read More »
Be the first to comment!Arajet latest entrant to Canada’s crowded budget airline market
By The Canadian Press on October 2nd, 2023
MONTREAL – Arajet, a discount airline based in the Dominican Republic, says it will launch flights between that country and Toronto and Montreal this fall. The announcement by the year-old carrier marks the latest entrant to an already crowded field of low-cost airlines, and comes two weeks after U.S. budget carrier Breeze Airways made a ... Read More »
Be the first to comment!New York fraud trial accusing Trump of lying about his wealth opens as he denounces it as a ‘scam’
By Michael R. Sisak, Jake Offenhartz And Jennifer Peltz, The Associated Press on October 2nd, 2023
NEW YORK (AP) – The fraud lawsuit that could cost former President Donald Trump control of some of his most prized properties went to trial Monday, with New York state lawyers vowing to hold him accountable while he denounced the case as a politically motivated “scam.” The civil case, brought by New York Attorney General ... Read More »
Be the first to comment!Federal Court of Appeal rules against Google in privacy law case
By The Canadian Press on October 2nd, 2023
OTTAWA – The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company’s search engine is covered by Canada’s privacy law, marking another victory for people seeking a digital “right to be forgotten.” The court ruled Friday in a 2-1 decision to uphold a 2021 decision by ... Read More »
Be the first to comment!Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
By Ken Sweet, The Associated Press on October 2nd, 2023
NEW YORK (AP) – For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn’t, in reality, the next Bernie Madoff. The trial of Bankman-Fried, the founder of the failed cryptocurrency brokerage FTX, will begin Tuesday with ... Read More »
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