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More Americans apply for unemployment benefits but layoffs still historically low
The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels. Applications for unemployment benefits climbed to 224,000 for the week ending Jan. 27, an increase of 9,000 from the previous week, the Labor Department reported Thursday. The four-week average of ... Read More »
AIMCo sets up $1B fund to invest in energy transition opportunities
EDMONTON – The Alberta Investment Management Corp. has set up a new $1-billion fund dedicated to investing in the global energy transition and decarbonization sectors. The investment manager says the money represents new capital and investments made through the fund will be in addition to its other climate-related investments across asset classes. AIMCo chief investment ... Read More »
February 1, 2024
DELORES HELLMAN DELORES HELLMAN 1942 ~ 2024 Delores Agnes Hellman (Biko), beloved wife for 64 years of Robert Hellman, passed away peacefully on Friday, January 26, 2024, at the age of 81 years. The funeral mass will be celebrated in the HOLY FAMILY PARISH (1451 Strachan Road SE) on Thursday, February 1, 2024 at 11:00 ... Read More »
Injured downhill star Kilde calls for better World Cup race-day schedules to protect athletes
GENEVA (AP) – Skiers must be consulted about better World Cup race-day schedules to help protect them from injuries, downhill star Aleksander Aamodt Kilde said Thursday. The former overall World Cup champion and two-time Olympic medalist spoke out in his first call with international media since a shocking Jan. 13 crash on the storied Wengen ... Read More »
Street artist of ‘Super Pope’ fame gets new stamp of Vatican approval
ROME (AP) – Street artist Maupal, whose cartoon-like depictions of Pope Francis as a “Super Pope” have graced buildings around the Vatican for a decade, got an official stamp of approval on Thursday when he appeared at a Vatican news conference. Maupal, in life Mauro Pallotta, designed a series of posters to illustrate Francis’ 2024 ... Read More »
Rogers hit by costs related to Shaw acquisition, reports Q4 profit down from year ago
TORONTO – Rogers Communications Inc. reported its fourth-quarter net income fell 35 per cent compared with a year ago as it was hit by costs related to its acquisition of Shaw Communications Inc. and integrating the business. The company reported net income of $328 million or 62 cents per diluted share for the quarter ended ... Read More »
Canada Goose reports $130.6M Q3 profit, revenue up 6% from year earlier
TORONTO – Canada Goose Holdings Inc. reported $130.6 million in net income attributable to shareholders for its third-quarter as its revenue rose six per cent compared with a year ago. The luxury parka maker says the profit amounted to $1.29 per diluted share for the quarter ended Dec. 31 compared with net income attributable to ... Read More »
Bank of England follows US Fed in keeping interest rates on hold and failing to signal imminent cuts
LONDON (AP) – The Bank of England has kept its main interest rate at a near 16-year high as inflation remains too high for comfort, and like the U.S. Federal Reserve a day earlier, it gave no signal that it is getting close to cutting borrowing costs anytime soon. In a statement Thursday, the central ... Read More »
Bank of England follows US Federal Reserve in keeping interest rates on hold
LONDON (AP) – The Bank of England has kept its main interest rate at a near 16-year high as inflation remains too high for comfort. In a statement Thursday, the bank said it had maintained its key rate at 5.25%, where it has been since August last year. The Bank of England, like the U.S. ... Read More »
Explosion strikes near vessel in the Red Sea off Yemen as Houthi rebel attacks continue
JERUSALEM (AP) – Yemen’s Houthi rebels fired two ballistic missiles Thursday at a Liberian-flagged container ship in the Red Sea, a U.S. defense official said, the latest attack by the rebels as America launches airstrikes targeting them. The attack happened west of Hodeida, a port city in Yemen long held by the rebels, said the ... Read More »
Players facing sex assault charges casts shadow over NHL all-star weekend festivities
TORONTO – The NHL all-star weekend festivities are set to begin today in Toronto under a cloud. Calgary Flames forward Dillon Dubé, Philadelphia Flyers goaltender Carter Hart, the New Jersey Devils’ Michael McLeod and Cal Foote, and former Ottawa Senator Alex Formenton, all members of Canada’s 2018 world junior team, are facing charges over an ... Read More »
