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Energy stocks boost TSX amid oil's rise, while tech weighs on U.S. markets

Energy stocks boost TSX amid oil's rise, while tech weighs on U.S. markets

TORONTO — Strength in energy stocks as the price of oil moved higher helped Canada's main stock index post a small gain Tuesday, while U.S. stock markets moved lower, led by the Nasdaq which lost more than one per cent.
Stock market today: Wall Street drifts lower as oil prices rise and Oracle weighs on tech stocks

Stock market today: Wall Street drifts lower as oil prices rise and Oracle weighs on tech stocks

NEW YORK (AP) — Stocks drifted to a lower close as Wall Street waits for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 0.6% Tuesday. The Dow slipped 17 points, and the Nasdaq composite fell 1%.
It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO

It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO

OTTAWA — The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.
Enbridge names new chief legal officer and new chief administrative officer

Enbridge names new chief legal officer and new chief administrative officer

CALGARY — Enbridge Inc. has announced a pair of senior executive changes.
Retailer Roots reports $5.3M Q2 loss compared with $3.2M loss a year ago

Retailer Roots reports $5.3M Q2 loss compared with $3.2M loss a year ago

TORONTO — Retailer Roots Corp. reported a loss of $5.3 million in its latest quarter compared with a loss of $3.2 million a year earlier as its total sales edged higher.
Investors drawn to oil and gas, energy transition, TSX top 30 list shows

Investors drawn to oil and gas, energy transition, TSX top 30 list shows

CALGARY — Both traditional oil and gas stocks as well as Canada's mining and metals sector have benefited from a recent surge of investor interest in energy, new data from the Toronto Stock Exchange shows.
AIMCo opens first Asia office in Singapore, remains leery of China

AIMCo opens first Asia office in Singapore, remains leery of China

CALGARY — Alberta Investment Management Corp. (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk.
California lawmakers approve the nation’s most sweeping emissions disclosure rules for big business

California lawmakers approve the nation’s most sweeping emissions disclosure rules for big business

SACRAMENTO, Calif.
NDP wants Suncor CEO to tell MPs why company moving away from focus on clean energy

NDP wants Suncor CEO to tell MPs why company moving away from focus on clean energy

OTTAWA — NDP MP Charlie Angus will ask the natural resources committee to summon the CEO of oilsands giant Suncor when the House of Commons resumes next week.
'Barbenheimer' continues to drive strong sales for Cineplex in August

'Barbenheimer' continues to drive strong sales for Cineplex in August

TORONTO — Cineplex says last month brought the company's third highest August box office revenues of all time as "Barbie" and "Oppenheimer" continued to be popular among moviegoers.