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TSX rises Friday, while U.S. markets end mixed on inflation data, bank earnings
TORONTO — Canada's main stock index posted a small gain Friday, while U.S. markets were mixed following a report on wholesale inflation and the start to fourth-quarter earnings season. The S&P/TSX composite index closed up 71.82 points at 20,990.
Jan 12, 2024 4:39 PM
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73% of pot purchases from legal sources, up from 37% in 2019: Health Canada
OTTAWA — An annual survey from Health Canada shows 73 per cent of respondents are buying their cannabis from legal sources. That number compares with 37 per cent in 2019, the year after Canada first legalized cannabis.
Jan 12, 2024 4:18 PM
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Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish
NEW YORK (AP) — Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11. The S&P 500 ended Friday up 0.1% and remains within 0.
Jan 12, 2024 4:06 PM
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US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker
The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled air
Jan 12, 2024 2:46 PM
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Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels
NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal the lingering industry costs of last year's banking crisis that caused the collapse of Sili
Jan 12, 2024 2:05 PM
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Bitcoin ETF approvals both cause for caution and 'watershed moment': experts
TORONTO — The price of Bitcoin hit highs this week not seen in more than two years after a U.S.
Jan 12, 2024 12:56 PM
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Korean battery maker Samsung SDI investing in Canada Nickel
TORONTO — Canada Nickel Co. Inc. says Korean company Samsung SDI Co. Ltd. has agreed to invest US$18.5 million in the company for an 8.7 per cent stake.
Jan 12, 2024 12:41 PM
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Corus CEO expects improved ad spending with Hollywood strikes in rearview mirror
TORONTO — The chief executive of Corus Entertainment Inc.
Jan 12, 2024 11:03 AM
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Severe weather events threaten to drive insurance premiums higher: experts
The escalating risk of severe weather events is one of several factors putting pressure on insurance companies and potentially increasing premiums for consumers, experts say.
Jan 12, 2024 10:05 AM
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Vince Tyra moves up start date as CEO at Gildan after board request
MONTREAL — Gildan Activewear Inc. says Vince Tyra will begin work as the company's chief executive on Monday, four weeks ahead of his planned start date, as the fight over who should lead the company continues.
Jan 12, 2024 9:33 AM
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