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S&P/TSX composite up, U.S. stock markets mixed after Fed holds rates

S&P/TSX composite up, U.S. stock markets mixed after Fed holds rates

TORONTO — Canada's main stock index pared some of its earlier gains at the close of the trading day, while U.S. stock markets were mixed after the Federal Reserve decided to hold steady on rates. The S&P/TSX composite index was up 74.
Collision organizers to bring North American version of Web Summit conference to B.C.

Collision organizers to bring North American version of Web Summit conference to B.C.

VANCOUVER — Global technology conference Web Summit is headed to Vancouver next May with a new North American iteration of the event.
Dollarama ups stake in Latin American business Dollarcity, plans expansion to Mexico

Dollarama ups stake in Latin American business Dollarcity, plans expansion to Mexico

Dollarama Inc. has upped its stake in Dollarcity to 60.1 per cent and revealed it has big plans for expanding the Latin American chain.
‘A tale of two economies’: Interest rate policy in Canada and U.S. diverging

‘A tale of two economies’: Interest rate policy in Canada and U.S. diverging

With monetary policy at the Bank of Canada and U.S. Federal Reserve diverging, experts say it could set the Canadian dollar up for volatility down the road.
Stock market today: Wall Street climbs on hopes for coming cuts to interest rates

Stock market today: Wall Street climbs on hopes for coming cuts to interest rates

NEW YORK (AP) — U.S. stocks closed higher following a surprisingly encouraging update on inflation. The S&P 500 rose 0.
US inflation cooled in May in a sign that price pressures may be easing

US inflation cooled in May in a sign that price pressures may be easing

WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.
Federal Court orders Amazon to turn over review, ratings docs to Competition Bureau

Federal Court orders Amazon to turn over review, ratings docs to Competition Bureau

A new court order is requiring Amazon to hand internal records related to its review and ratings programs over to Canada's competition watchdog.
Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain

Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain

Sony Pictures Entertainment is getting into the exhibition business.
Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation

Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation

SAN FRANCISCO (AP) — Elon Musk has dropped his lawsuit against OpenAI just ahead of a scheduled Wednesday hearing on the case.
ADW Capital Management calls for strategic review at GFL Environmental

ADW Capital Management calls for strategic review at GFL Environmental

TORONTO — ADW Capital Management LLC has sent a letter to the board and management of GFL Environmental Inc. calling on the company to undertake a strategic review process. The U.S.