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US unemployment claims inched higher, but remain very low

US unemployment claims inched higher, but remain very low

WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy. Jobless claims for the week ending Oct.
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Asian stocks mixed ahead of US GDP update, Europe rates call

Asian stocks mixed ahead of US GDP update, Europe rates call

BEIJING (AP) — Asian stock markets were mixed Thursday ahead of an update on the U.S. economy and a European Central Bank meeting that is expected to raise its key interest rate to a 13-year high.
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Ye kicked out of Skechers' headquarters in California

Ye kicked out of Skechers' headquarters in California

MANHATTAN BEACH, Calif.
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Suncor to acquire Teck Resources' stake in Fort Hills oilsands project for $1B

Suncor to acquire Teck Resources' stake in Fort Hills oilsands project for $1B

CALGARY — Suncor Energy Inc. will buy out Teck Resources Ltd.'s 21.3 per cent stake in the Fort Hills oilsands project for approximately $1 billion, the two companies announced late Wednesday.
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TMX Group sees third-quarter profit gains as acquisitions drive up revenue

TMX Group sees third-quarter profit gains as acquisitions drive up revenue

TORONTO — TMX Group Inc. saw its revenue and earnings go up in the third quarter of 2022 compared to the same period last year and announcing a dividend of 83 cents per common share Wednesday.
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West Fraser Timber earnings decline due to inflation, supply chain pressures

West Fraser Timber earnings decline due to inflation, supply chain pressures

VANCOUVER — West Fraser Timber Co. says its earnings declined to $216 million in the third quarter of 2022, as inflationary cost pressures and slowing demand for the company's products took a bite out of its financial results.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,279.76, up 182.75 points): Enbridge Inc. (TSX:ENB). Energy. Up 54 cents, or 1.04 per cent, to $52.43 on 12.6 million shares.
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Aecon Group reports revenue growth of 14 per cent in Q3 results

Aecon Group reports revenue growth of 14 per cent in Q3 results

TORONTO — Aecon Group Inc. says its revenue increased year-over-year while profits dipped slightly in the third quarter of 2022. The Toronto-based construction firm reported a $34.5 million profit for the three months ended Sept.
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CP Rail reports revenue, earnings up on higher shipping volumes

CP Rail reports revenue, earnings up on higher shipping volumes

CALGARY — Canadian Pacific Railway Ltd. says its revenue and earnings for the third quarter were up from last year as it saw strong demand for potash shipping and other services. The Calgary-based railway says revenues of $2.
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S&P/TSX composite up almost 200 points, U.S. markets mixed

S&P/TSX composite up almost 200 points, U.S. markets mixed

TORONTO — Canada's main stock index was up almost 200 points on Wednesday, buoyed by strength across all sectors on news of a half-percentage point interest rate hike, while U.S. markets were mixed, weighed down by tech stocks.
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