Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors’ auto-trading algorithms – or “bots” – into a buying frenzy. Lyft’s fourth-quarter report initially forecast that an important profit metric was expected to climb by 500 basis points, ... Read More »
HAMILTON – The Hamilton Tiger-Cats have signed American defensive linemen Dewayne Hendrix and Brandon Barlow to two-year contracts. The moves came Wednesday, the second day of CFL free agency. Hendrix and Barlow are both former Toronto Argonauts. Hendrix, 27, had 22 tackles (four for loss), six sacks, a forced fumble and fumble recovery in 15 ... Read More »
TORONTO – The Royal Ontario Museum will redesign and expand the galleries on its first floor, which it says will be free for all. ROM director and CEO Josh Basseches says the museum will redesign nearly 8,000 square metres of its first floor, including the entrance. He says it will also add about 550 square ... Read More »
A Crown prosecutor says the Quebec man charged with the first-degree murder and sexual assault of 19-year-old junior college student Guylaine Potvin nearly 24 years ago has admitted to causing her death. Prosecutor Pierre-Alexandre Bernard made the announcement today as he began his closing arguments in the case against Marc-André Grenon. Grenon’s defence lawyers, who ... Read More »
TORONTO – Power Corp. of Canada has hired veteran Scotiabank executive Jake Lawrence as its next chief financial officer. Lawrence, who was responsible for Scotiabank’s wholesale banking and capital markets business, as group head of global banking and markets will join Power Corp. effective March 18. He will replace Gregory Tretiak, who took a medical ... Read More »
TORONTO – The Toronto Argonauts signed Canadian running back Daniel Adeboboye to a contract extension Wednesday. The 24-year-old is expected to see more playing time in 2024 with the retirement of veteran Canadian Andrew Harris and American A.J. Ouellette’s departure in free agency to the Saskatchewan Roughriders. Adeboboye, 24, appeared in 17 regular-season games last ... Read More »
HAMILTON – The Hamilton Tiger-Cats have signed American defensive lineman Dewayne Hendrix to a two-year contract. The move came Wednesday, the second day of CFL free agency. Hendrix, 27, had 22 tackles (four for loss), six sacks, a forced fumble and fumble recovery in 15 regular-season games last year with Toronto. The six-foot-four, 270-pound Hendrix ... Read More »
NEW YORK (AP) – The mild-mannered Franklin – the first Black character in the “Peanuts” comic strip – gets to shine in his own animated Apple TV+ special this month in a story about friendship. Franklin is a newcomer who bonds with Charlie Brown and is welcomed to the Peanuts universe in “Snoopy Presents: Welcome ... Read More »
OTTAWA – The Canadian Real Estate Association says January home sales jumped 22 per cent compared with a year ago, the largest year-over-year gain since May 2021. The association says the increase reflected weakness last year which saw the worst start to almost any year in the past two decades. On a seasonally adjusted basis, ... Read More »
NEW YORK (AP) – Stocks are clawing back some of their sharp losses from the day before, as conditions calm a bit on Wall Street. The S&P 500 was 0.6 % higher in early trading Wednesday. It had tumbled 1.4% a day earlier following a hotter-than-expected report on inflation. The Dow was up 97 points, ... Read More »
DUNEDIN, Fla. – The Toronto Blue Jays begin spring training this week looking ahead to the 2024 season while trying to erase the memory of their latest post-season exit. The first official workout is set for Thursday at the Player Development Complex as the team prepares for the Grapefruit League opener against the Philadelphia Phillies ... Read More »