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S&P/TSX composite down Friday, U.S. markets reach new records

S&P/TSX composite down Friday, U.S. markets reach new records

TORONTO — Losses in the energy sector led Canada's main stock index lower on Friday, while U.S. stock markets rose to new records. Both Canada and the U.S.
Canadian banking regulator delays increase in capital rules by one year

Canadian banking regulator delays increase in capital rules by one year

OTTAWA — Canada's banking regulator says it has delayed by a year a rule change established by international banking standards.
Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts

Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts

NEW YORK (AP) — U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier. The S&P 500 climbed 0.
LCBO stores closed for 2 weeks as workers strike, oppose plan to open up booze market

LCBO stores closed for 2 weeks as workers strike, oppose plan to open up booze market

TORONTO — Workers for Ontario's main liquor retailer, who say the government's plan to open up the alcohol market poses an existential threat to their jobs, are now on strike, with stores expected to stay closed for at least 14 days.
‘It’s been hell’: Customers frustrated over treatment by WestJet during strike

‘It’s been hell’: Customers frustrated over treatment by WestJet during strike

Travellers expressed frustration this week over WestJet's response after the airline cancelled more than 1,200 flights due to a strike by plane mechanics, leading advocates to accuse it of breaching consumer protection rules.
HBC should apply learnings from new Saks Global company to the Bay: experts

HBC should apply learnings from new Saks Global company to the Bay: experts

TORONTO — When Liza Amlani visited Hudson's Bay Co.'s flagship Toronto store last week, she was quickly taken aback by the scene.
Texas officials urge coastal residents to prepare as Beryl moves toward the Gulf of Mexico

Texas officials urge coastal residents to prepare as Beryl moves toward the Gulf of Mexico

TULUM, Mexico (AP) — Texas officials are urging coastal residents to prepare as Beryl moves toward the Gulf of Mexico after leaving a trail of destruction that has killed at least 11 people.
Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade

Vancouver Island to see $3B in BC Hydro upgrades, expansion over the next decade

VICTORIA — British Columbia's power provider is planning to spend more than $3 billion on capital projects to upgrade and expand the electricity grid on Vancouver Island.
New UK prime minister Keir Starmer vows to heal wounds of distrust after Labour landslide

New UK prime minister Keir Starmer vows to heal wounds of distrust after Labour landslide

LONDON (AP) — Britain's new prime minister, Keir Starmer, vowed Friday to reverse the hopelessness that grew over 14 years of Conservative rule and said he would lead an urgent mission of national renewal after his Labour Party’s landslide victory.
Federal Reserve highlights its political independence as presidential campaign heats up

Federal Reserve highlights its political independence as presidential campaign heats up

WASHINGTON (AP) — The Federal Reserve is highlighting the importance of its political independence at a time when Donald Trump, who frequently attacked the Fed's policymaking in the past, edges closer to formally becoming the Republican nominee for p