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Ontario Superior Court gives OK to Red Lobster Canada sales process

Ontario Superior Court gives OK to Red Lobster Canada sales process

TORONTO — An Ontario court has approved a sales process and stalking horse bid for Red Lobster Canada, which is operating under court protection from creditors. The move comes after a U.S.
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Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly drift

Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly drift

NEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
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4 First Nations sign deal with Ontario to build roads near Ring of Fire

4 First Nations sign deal with Ontario to build roads near Ring of Fire

Four First Nations have signed a deal with Ontario for new roads, other infrastructure projects and skills training as the province lays a foundation for plans to mine the mineral-rich Ring of Fire region.
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Cohere co-founder 'skeptical' of AI creating sci-fi doomsday scenarios

Cohere co-founder 'skeptical' of AI creating sci-fi doomsday scenarios

TORONTO — The head of Canadian artificial intelligence darling Cohere says the technology is not bound to exceed human capabilities any time soon and if it does, he's skeptical any sci-fi like scenarios will arise.
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Emissions cap not possible without oil, gas production cuts: Deloitte

Emissions cap not possible without oil, gas production cuts: Deloitte

CALGARY — Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new report by Deloitte says.
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Nuvei shareholders approve US$6.3-billion private equity buyout

Nuvei shareholders approve US$6.3-billion private equity buyout

MONTREAL — Nuvei Corp. shareholders have voted overwhelmingly in favour of a plan that will see the company bought by an American private equity firm and taken private at a US$6.3-billion valuation. The company says 99.
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WestJet mechanics hit airline with 72-hour strike notice

WestJet mechanics hit airline with 72-hour strike notice

CALGARY — WestJet mechanics say they are poised to walk off the job early as Thursday night after serving the airline with a 72-hour strike notice yesterday.
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Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera

Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera

DETROIT (AP) — Stellantis is recalling nearly 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rearview cameras.
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Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

NEW YORK (AP) — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.
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Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says

Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says

Dollar Tree failed to effectively recall lead-tainted applesauce pouches linked to reports of illness in more than 500 children, leaving the products on some stores shelves for two months, the Food and Drug Administration said Tuesday.
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