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US wholesale inflation accelerated in November in sign that some price pressures remain elevated
WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago.
Dec 12, 2024 6:40 AM
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Agnico Eagle signs deal to buy O3 Mining in cash deal worth $204 million
TORONTO — Gold miner Agnico Eagle Mines Ltd. has signed an agreement to buy O3 Mining Inc. in a friendly deal valued at about $204 million.
Dec 12, 2024 6:12 AM
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Air Canada to offer free Wi-Fi on flights for Aeroplan members, sponsored by Bell
Air Canada plans to offer free Wi-Fi to Aeroplan members aboard its flights starting next year, building on a partnership with telecom giant Bell that already gives passengers free text messaging capabilities.
Dec 12, 2024 5:00 AM
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The Body Shop Canada to be sold to Serruya Private Equity
TORONTO — The Body Shop Canada is due to be sold to a company led by the co-founder of frozen yogurt chain Yogen Früz. The cosmetics and skincare retailer says in court filings that an agreement it signed on Dec.
Dec 11, 2024 6:40 PM
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Vince Carter, Tracy McGrady join Bills' ownership group as limited partners
IRVING, Texas (AP) — Basketball Hall of Famers Vince Carter and Tracy McGrady are among 10 limited partners who have joined the Buffalo Bills’ ownership group.
Dec 11, 2024 5:08 PM
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Quebec court approves $2.5M settlement in Dollarama eco fees class action
The Superior Court of Quebec has approved a $2.5-million settlement in a class action targeting Dollarama Inc.'s use of eco fees.
Dec 11, 2024 4:43 PM
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S&P/TSX composite up more than 150 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.
Dec 11, 2024 3:12 PM
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Banks lower prime rates following Bank of Canada move
TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
Dec 11, 2024 2:37 PM
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Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record
NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
Dec 11, 2024 2:04 PM
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Higher property taxes, chance of reduced snow plowing in Winnipeg budget plan
WINNIPEG — Winnipeg is eyeing the largest property tax increase in decades and considering a cut to snow plowing in an attempt to address a fiscal squeeze. The city's preliminary budget for next year proposes a 5.
Dec 11, 2024 2:02 PM
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