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Loblaw's reduced discounts match competitors while retaining higher margin: experts

Loblaw's reduced discounts match competitors while retaining higher margin: experts

TORONTO — Loblaw's decision to reduce steep discounts on soon-to-expire food is a move to match its competitors as the demand for marked down groceries rises, experts say. Until recently, Loblaw Cos. Ltd.
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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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,948.09, up 113.79): Royal Bank of Canada. (TSX:RY). Finance. Up 35 cents, or 0.26 per cent, to 132.80 on 11 million shares.
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S&P/TSX composite down more than 100 points on Tuesday, U.S. stock markets down

S&P/TSX composite down more than 100 points on Tuesday, U.S. stock markets down

TORONTO — Canada's main stock index declined more than 100 points on Tuesday, weighed down by losses in energy and base metal stocks, while U.S. stock markets were also down. The S&P/TSX composite index was down 113.79 points at 20,948.09.
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Rogers overtakes Bell in annual report on telecom complaints as wireless issues rise

Rogers overtakes Bell in annual report on telecom complaints as wireless issues rise

Rogers Communications Inc. is now Canada's most complained about telecommunications provider, accounting for one out of every five complaints and overtaking Bell Canada in an annual report measuring consumer gripes within the industry.
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WestJet Encore pilots kick off conciliation, starting countdown to possible strike

WestJet Encore pilots kick off conciliation, starting countdown to possible strike

The union representing pilots with WestJet's regional subsidiary has turned to Ottawa for a dispute resolution after contract talks reached a “near standstill” in recent days.
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Stock market today: Wall Street slips in a lackluster restart to trading as Treasury yields rise

Stock market today: Wall Street slips in a lackluster restart to trading as Treasury yields rise

NEW YORK (AP) — Wall Street closed lower in a lackluster return to trading following a three-day holiday weekend. The S&P 500 fell 0.4% Tuesday, though it remains within a good day of its all-time high set two years ago. The Dow lost 0.
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New graphic health warnings on cigarette packs aim to help smokers kick the habit

New graphic health warnings on cigarette packs aim to help smokers kick the habit

A bulging lump on someone's tongue. A big toe that has turned greenish-black from gangrene. A smoker's infant in hospital, connected to a breathing tube.
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Canada’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC

Canada’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC

OTTAWA — Canada’s annual inflation rate rose to 3.4 per cent in December, marking another bump along the way back to price stability for the Bank of Canada.
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Supreme Court rebuffs Apple's Court appeal on app payments, threatening billions in revenue

Supreme Court rebuffs Apple's Court appeal on app payments, threatening billions in revenue

WASHINGTON (AP) — The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, potentially siphoning billions of dollars away from one of the world's most profitable companies.
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Stocks in for a positive year with rate cuts, economic recovery in sight: report

Stocks in for a positive year with rate cuts, economic recovery in sight: report

TORONTO — Stock and bond markets have a bumpy year ahead of them but will end 2024 on a positive note as they navigate the last mile of inflation and tightened monetary policy, a new report from Edward Jones says.
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