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Alimentation Couche-Tard seeing low-income customers cut back on store visits: CEO

Alimentation Couche-Tard seeing low-income customers cut back on store visits: CEO

The head of Alimentation Couche-Tard Inc. says lower-income consumers feeling "strained" by economic headwinds are cutting back on how often they visit the chain's convenience stores.
Competition Bureau recommends open banking to bolster financial sector competition

Competition Bureau recommends open banking to bolster financial sector competition

Canada's competition watchdog is urging Ottawa to adopt an open banking framework that would ease the barriers to switching institutions and boost competition in the financial sector.
Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debut

Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debut

NEW YORK (AP) — Reddit's stock soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
S&P/TSX composite ekes out new record closing high, U.S. markets also set new records

S&P/TSX composite ekes out new record closing high, U.S. markets also set new records

TORONTO — Canada's main stock index rose Thursday to scrape out a new all-time closing high, while U.S. markets continued to set their own records. The S&P/TSX composite index closed up 41.55 points at 22,087.26. Its previous record was 22,087.
RBC to close 25 HSBC locations, convert others once takeover closes next week

RBC to close 25 HSBC locations, convert others once takeover closes next week

TORONTO — Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week.
Highlights of Newfoundland and Labrador's 2024-25 budget

Highlights of Newfoundland and Labrador's 2024-25 budget

ST. JOHN'S, N.L. — Newfoundland and Labrador Finance Minister Siobhan Coady tabled the province’s 2024-25 budget Thursday. Here are some highlights: - Projected GDP is $33.2 billion, which is a five per cent increase from $31.
Micro-apartments are back after nearly a century, as need for affordable housing soars

Micro-apartments are back after nearly a century, as need for affordable housing soars

SEATTLE (AP) — Every part of Barbara Peraza-Garcia and her family’s single-room apartment in Seattle has a double or even triple purpose.
US sues Apple, alleging it illegally monopolized the smartphone market

US sues Apple, alleging it illegally monopolized the smartphone market

WASHINGTON (AP) — The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple , accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices arti
The UN adopts a resolution backing efforts to ensure artificial intelligence is safe

The UN adopts a resolution backing efforts to ensure artificial intelligence is safe

UNITED NATIONS (AP) — The General Assembly approved the first United Nations resolution on artificial intelligence Thursday, giving global support to an international effort to ensure the powerful new technology benefits all nations, respects human r
Businesses worried about ESG fraud as stakeholder pressure mounts: KPMG poll

Businesses worried about ESG fraud as stakeholder pressure mounts: KPMG poll

TORONTO — Businesses are increasingly concerned about ESG fraud, which is when a company's environmental, social and governance efforts or data are exaggerated, embellished or distorted.