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Rogers-Shaw merger mediation session fails to yield settlement

Rogers-Shaw merger mediation session fails to yield settlement

TORONTO — Rogers Communications Inc. and Canada's competition watchdog have failed to resolve their differences over the telecom giant's $26-billion proposed takeover of Shaw Communications Inc. following a mediation period and weeks of talks.
Canfor sees income drop, revenues stay steady in Q3

Canfor sees income drop, revenues stay steady in Q3

VANCOUVER — Canfor Corp. saw its net income drop by almost 60 per centin the third quarter of 2022, largely due to a one-time inventory writedown from softening lumber prices. The Vancouver-based company reported $87.
Rogers-Shaw $26-billion proposed deal: a timeline of key events

Rogers-Shaw $26-billion proposed deal: a timeline of key events

Rogers Communications Inc. and Shaw Communications Inc.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,352.11, up 72.35 points): Barrick Gold Corp. (TSX:ABX). Materials. Down 29 cents, or 1.36 per cent, to $20.99 on 7.3 million shares.
WestJet says human error to blame for tweet sharing customer's personal information

WestJet says human error to blame for tweet sharing customer's personal information

CALGARY — WestJet says human error is to blame for the sharing of a customer's personal information on the airline's social media accounts Thursday.
S&P/TSX composite rises for fifth day, U.S. markets mixed

S&P/TSX composite rises for fifth day, U.S. markets mixed

TORONTO — Canada's main stock index closed up for a fifth day in a row, buoyed by strength in information technology and battery metals, while U.S. stocks were mixed on tech earnings and new economic data.
US stock indexes end mixed as Facebook parent company slumps

US stock indexes end mixed as Facebook parent company slumps

NEW YORK — Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market.
US mortgage rates top 7% for the first time in 2 decades

US mortgage rates top 7% for the first time in 2 decades

WASHINGTON (AP) — The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week, a result of the Federal Reserve's aggressive rate hikes intended to tame the nation's stubbornly high inflation.
Precision Drilling returns to profitability as oil and gas sector picks up pace

Precision Drilling returns to profitability as oil and gas sector picks up pace

CALGARY — Increased activity in the North American oil and gas sector helped Calgary-based Precision Drilling Corp.
US economy returned to growth last quarter, expanding 2.6%

US economy returned to growth last quarter, expanding 2.6%

WASHINGTON (AP) — The U.S. economy grew at a 2.