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S&P/TSX composite steps higher Wednesday, U.S. stock markets mixed after rate hike
TORONTO — Canada's main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.
Jul 26, 2023 2:39 PM
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Stock market today: Wall Street ends mixed after Fed raises interest rates
NEW YORK (AP) — Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades.
Jul 26, 2023 2:08 PM
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Sun Life to acquire victual care provider Dialogue Health Technologies
TORONTO — Sun Life Financial Inc. has reached a deal to acquire virtual care provider Dialogue for about $277 million.
Jul 26, 2023 12:19 PM
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Big global brands drove supplier prices higher in second quarter: Loblaw
BRAMPTON, Ont. — Large global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up despite lower gross margins.
Jul 26, 2023 11:47 AM
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BoC mindful of not overdoing rate hikes, summary of deliberations reveals
OTTAWA — The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.
Jul 26, 2023 11:37 AM
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Crescent Point Energy reports $212.3 million profit in second quarter
CALGARY — Crescent Point Energy Corp. reported its second-quarter profit fell by 36 per cent year-over-year as global oil prices declined from 2022's dramatic peaks. The Calgary-based company said Wednesday it earned $212.
Jul 26, 2023 11:31 AM
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Advocacy group says banks show little progress on climate action
TORONTO — A new report from an advocacy group says that Canada's big banks show "no urgency" in ramping up action against climate change.
Jul 26, 2023 9:33 AM
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Rogers cutting costs, eliminating duplication amid integration of Shaw
TORONTO — Rogers Communications Inc. says it found $48 million in cost savings in its most recent quarter after closing its deal to buy Shaw Communications Inc.
Jul 26, 2023 9:27 AM
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Shopify dives deeper into AI with new products, including chatbot for merchants
As Shopify President Harley Finkelstein works, he often keeps a ChatGPT window up on his computer.
Jul 26, 2023 9:01 AM
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'Old boys' club': Employees question how Regina rebrand was approved
REGINA — Federal government employees expressed relief that Prairies Economic Development Canada was not involved in a disastrous rebrand that saw Saskatchewan’s capital city criticized for sexualized slogans.
Jul 26, 2023 2:00 AM
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