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S&P/TSX composite down Thursday as energy, base metal stocks fall, U.S. stocks mixed

S&P/TSX composite down Thursday as energy, base metal stocks fall, U.S. stocks mixed

TORONTO — Canada's main stock index was down more than 100 points Thursday as the price of oil weakened energy stocks amid weakness in base metals and financials, while U.S. markets were mixed. The S&P/TSX composite index was down 125.
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Stock market today: Wall Street drifts as central banks keep raising rates to fight inflation

Stock market today: Wall Street drifts as central banks keep raising rates to fight inflation

NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street after central banks around the world showed they’re not done cranking interest rates higher in their fight against inflation. The S&P 500 rose 0.4% Thursday.
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CPKC to partner with U.S. railway CSX Corp. on hydrogen locomotives

CPKC to partner with U.S. railway CSX Corp. on hydrogen locomotives

CALGARY — Canadian Pacific Kansas City is continuing to push ahead with efforts to develop hydrogen power as an alternative fuel source for the railway industry. The Calgary-based company, dubbed CPKC as a result of Canadian Pacific Railway Ltd.
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Ottawa, First Nation sign procurement framework agreement for Giant Mine

Ottawa, First Nation sign procurement framework agreement for Giant Mine

YELLOWKNIFE — The federal government and Yellowknives Dene First Nation have signed a procurement framework agreement for the cleanup of Giant Mine, one of Canada's most contaminated sites.
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Unifor kicks off grocery talks with 100 per cent strike vote by 'fed up' workers

Unifor kicks off grocery talks with 100 per cent strike vote by 'fed up' workers

TORONTO — Unifor says grocery workers have more resolve than ever to achieve higher wages and better working conditions as it heads into a two-year stretch of bargaining for more than a dozen collective agreements.
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Biden defends calling Chinese leader Xi a 'dictator' and says he still expects to meet with him

Biden defends calling Chinese leader Xi a 'dictator' and says he still expects to meet with him

WASHINGTON (AP) — President Joe Biden on Thursday defended his harsh public comments on China, including calling President Xi Jinping a dictator, saying his words would have no negative impact on U.S.
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'Our turnaround is now complete': Sobeys parent Empire completes multi-year overhaul

'Our turnaround is now complete': Sobeys parent Empire completes multi-year overhaul

Empire Company Ltd. said Thursday its full-service grocery stores rebounded in its latest quarter as it added more private-label food items, the pace of inflation slowed and the company's multi-year overhaul paid off with customers.
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May home sales rise with near record-few on the market and biggest annual price drop since 2011

May home sales rise with near record-few on the market and biggest annual price drop since 2011

LOS ANGELES (AP) — Sales of previously occupied U.S.
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Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming

Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming

SAN FRANCISCO (AP) — Federal regulators on Thursday launched a legal attack on Microsoft's proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to
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In the years leading up to retirement, an updated financial plan is key: Experts

In the years leading up to retirement, an updated financial plan is key: Experts

TORONTO — As Willi Fleerakkers’ retirement date approaches at a time of inflation and higher interest rates, it's hard for her not to worry — but when she reviews her plan, it helps to ease those concerns.
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