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S&P/TSX composite down on oil pessimism, U.S. markets fall further
TORONTO — Canada's main stock index was down by more than 150 points or 0.8 per cent Monday, weighed down by losses in energy, financials, utilities and metals, while U.S. indexes tumbled by more than 1.5 per cent.
Nov 28, 2022 2:48 PM
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US stock indexes fall as lockdown protests spread in China
NEW YORK — A broad slide on Wall Street left stocks lower Monday as global financial markets reacted to protests in China calling for President Xi Jinping to step down amid growing anger over severe COVID-19 restrictions. The S&P 500 fell 1.
Nov 28, 2022 2:39 PM
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Freedom Mobile under Videotron would be effective competitor, tribunal hears
OTTAWA — A wireless communications specialist says Freedom Mobile under Videotron Ltd. would be a strong competitor in the telecom market as the hearing on Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.
Nov 28, 2022 1:56 PM
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CannTrust execs linked to unlicensed growing caused 'incredible' damage, court hears
TORONTO — A lawyer representing Ontario's securities regulator says three former executives whose cannabis company was caught growing pot in unlicensed rooms were in positions to disclose the improper growing but didn't.
Nov 28, 2022 12:37 PM
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Indo-Pacific strategy good first step, but more details needed: business leaders
TORONTO — Canada’s Indo-Pacific strategy is a good first step, but more details are needed on how the country can close gaps at home that could impede the strategy’s success, the Canadian Chamber of Commerce says.
Nov 28, 2022 12:31 PM
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BlockFi seeks protection as FTX collapse rattles crypto
Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of crypto exchange FTX spreads outward.
Nov 28, 2022 12:01 PM
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Opening days delayed for Canada's largest and most lucrative lobster fisheries
HALIFAX — The opening days for two of Canada's largest and most profitable lobster fisheries have been delayed because of bad weather.
Nov 28, 2022 11:36 AM
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Early data points to mixed Black Friday online as inflation hits shoppers
OTTAWA — Early data for Black Friday suggest a mixed bag for online sales as inflation hits shoppers ahead of the holiday season. Shopify Inc.
Nov 28, 2022 11:24 AM
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New this week: 'Riches,' Robert Downey Sr. and BTS’ RM
Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week. MOVIES — Robert Downey Jr.
Nov 28, 2022 11:22 AM
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'Gaslighting' is Merriam-Webster's word of the year for 2022
NEW YORK (AP) — “Gaslighting” — behavior that's mind manipulating, grossly misleading, downright deceitful — is Merriam-Webster's word of the year. Lookups for the word on merriam-webster.com increased 1,740% in 2022 over the year before.
Nov 28, 2022 10:16 AM
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