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National Business
National Business
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.
Jun 12, 2024 2:01 PM
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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.
Jun 12, 2024 1:55 PM
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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.
Jun 12, 2024 1:45 PM
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‘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.
Jun 12, 2024 1:39 PM
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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.
Jun 12, 2024 1:10 PM
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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.
Jun 12, 2024 12:58 PM
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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.
Jun 12, 2024 12:53 PM
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Sony Pictures acquires Alamo Drafthouse Cinema, the dine-in movie theater chain
Sony Pictures Entertainment is getting into the exhibition business.
Jun 12, 2024 12:36 PM
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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.
Jun 12, 2024 10:45 AM
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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.
Jun 12, 2024 9:31 AM
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