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Search continues for British tech magnate and 5 others after luxury superyacht sinks off Sicily
PORTICELLO, Sicily (AP) — British tech magnate Mike Lynch and five other people were missing after their luxury superyacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said.
Aug 19, 2024 4:38 PM
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Stock market today: Wall Street tacks on some more gains following its best week of the year
NEW YORK (AP) — Stocks closed higher, tacking on some more gains following Wall Street’s best week of the year. The S&P 500 rose 1% Monday, coming within 1.1% of the all-time high it reached last month. The Dow Jones Industrial Average rose 0.
Aug 19, 2024 4:06 PM
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GM lays off 'small percentage' of Canadian workers amid software job cuts
General Motors says it is laying off some workers in Canada as part of a wider reduction in staff affecting more than 1,000 salaried employees worldwide.
Aug 19, 2024 3:10 PM
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A look at recent major railway strikes at CN Rail and CPKC
Canada has an active history of rail strikes dating back to at least the early 20th century. Here are some of the most recent job actions at the country's two main freight railways, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.
Aug 19, 2024 3:06 PM
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Circle K owner makes a play for global convenience store giant 7-Eleven
A dominating convenience store chain could land in Canadian hands after the owner of Circle K offered to buy one of the sector's biggest players, laying the groundwork to potentially unite them in a mammoth global retail business.
Aug 19, 2024 2:35 PM
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July flash floods in Toronto, southern Ontario caused over $940M in insured damage
TORONTO — Initial estimates put the total insured damage caused by flash flooding in Toronto and other parts of southern Ontario in July at more than $940 million.
Aug 19, 2024 2:26 PM
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US settles with billionaire Carl Icahn for using company to secure personal loans worth billions
Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
Aug 19, 2024 12:06 PM
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Statistics Canada says median family after-tax income in 2022 down after inflation
OTTAWA — Statistics Canada says the median family after-tax income in 2022 fell compared with 2021, after adjusted for inflation, with young people being the hardest hit.
Aug 19, 2024 11:03 AM
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Too many people, not enough management: A look at the chaos of 'overtourism' in the summer of 2024
SINTRA, Portugal (AP) — The doorbell to Martinho de Almada Pimentel’s house is hard to find, and he likes it that way.
Aug 19, 2024 9:52 AM
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Cogeco signs pair of agreements to advance plans to offer wireless services
MONTREAL — Cogeco Inc. says it has signed partnership agreements with both a national wireless network operator and Eastlink as part of its plan to develop its wireless service in Canada.
Aug 19, 2024 9:42 AM
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