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Stock market today: Most of Wall Street slips, but hopes for AI and rates send indexes to records
NEW YORK (AP) — Most U.S. stocks fell, but hopes for coming cuts to interest rates and Wall Street’s continued frenzy around artificial-intelligence technology sent indexes to more record highs. The S&P 500 rose 0.
Jun 13, 2024 1:09 PM
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Natural gas opposition 'ideological,' new Ontario energy minister says
CLARINGTON, Ont. — Ontario's new energy minister is unapologetic about the province's use of natural gas to partly fuel growing energy needs, calling opposition to it "ideological.
Jun 13, 2024 1:01 PM
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Unifor says 35 Global News jobs cut across the country
TORONTO — Unifor says 35 of its members at Global News have been laid off as part of changes announced Wednesday by Corus Entertainment Inc. Randy Kitt, Unifor's media director, says there were 13 layoffs in Calgary, one in B.C.
Jun 13, 2024 1:01 PM
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Feds release carbon pricing impact data as cost debate rages
The government has been reluctant to share the data because the numbers don't compare the cost of carbon pricing with the cost of climate change itself. They also don't factor in the potential for economic growth from climate investments.
Jun 13, 2024 1:00 PM
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Canada to contribute $5B to Ukraine loan as G7 leaders reach accord on Russian assets
SAVELLETRI DI FASANO — Canada will contribute $5 billion toward a loan to Ukraine that will be based on future revenue from frozen Russian assets, Prime Minister Justin Trudeau announced Thursday in Italy.
Jun 13, 2024 12:58 PM
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Shipping industry looks for consensus on sustainable fuels ahead of net-zero goals
MONTREAL — Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still be running in 2050.
Jun 13, 2024 12:34 PM
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Military growing more reliant on contractors — a boon for CAE, chief executive says
MONTREAL — CAE Inc. chief executive Marc Parent says a growing reliance on private contractors by Western armed forces — including Canada’s — bodes well for his company and global security, even as questions linger around spending and accountability.
Jun 13, 2024 11:45 AM
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South Africa's ANC says it has broad agreement with main opposition, others on coalition government
CAPE TOWN, South Africa (AP) — A top official with South Africa’s African National Congress party said Thursday it has a broad agreement with the main opposition and other parties to form a coalition government.
Jun 13, 2024 11:27 AM
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Actors' union nets pay bump in one-year deal with Association of Canadian Advertisers
TORONTO — Unionized actors have a new labour deal that increases pay for commercial work involving agencies represented by the Association of Canadian Advertisers.
Jun 13, 2024 10:52 AM
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Unanimous Supreme Court preserves access to widely used abortion medication
WASHINGTON (AP) — The Supreme Court on Thursday unanimously preserved access to a medication that was used in nearly two-thirds of all abortions in the U.S.
Jun 13, 2024 9:15 AM
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