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S&P/TSX composite down for first week since early May on interest rate hike prospects

S&P/TSX composite down for first week since early May on interest rate hike prospects

TORONTO — Canada's main stock index had its first losing week since early May and dropped below the 20,000-point milestone for the first time in two weeks as the prospect of early interest rate hikes rattled investors.
Palestinians call off 1M dose vaccine exchange with Israel

Palestinians call off 1M dose vaccine exchange with Israel

JERUSALEM (AP) — The Palestinian Authority called off an agreement whereby Israel would transfer 1 million doses of coronavirus vaccines to it in exchange for a similar number later this year, hours after the deal was announced on Friday.
AP Interview: India says it hopes to resume vaccine exports

AP Interview: India says it hopes to resume vaccine exports

NEW DELHI (AP) — India, the world's largest manufacturer of vaccines, wants to resume exports of coronavirus doses but can't do so until its domestic needs are met, the head of the country's COVID-19 task force said Friday.
Brookfield Infrastructure revises Inter Pipeline bid to include all-cash option

Brookfield Infrastructure revises Inter Pipeline bid to include all-cash option

TORONTO — Brookfield Infrastructure Partners LP has revised its hostile takeover offer for Inter Pipeline Ltd. to give shareholders the option to receive their entire payment in cash, instead of a mix of cash and shares, if they desire.
Parkas are the new handbag: Moose Knuckles plots growth with luxury market veteran

Parkas are the new handbag: Moose Knuckles plots growth with luxury market veteran

He describes the luxury apparel market as a three-legged stool: Handbags, footwear and – the up-and-comer – outerwear. It’s that last leg that has industry veteran Victor Luis investing in Canadian upscale parka and sportswear brand Moose Knuckles.
Rapper IDK to launch music business program at Harvard

Rapper IDK to launch music business program at Harvard

NEW YORK (AP) — Rapper IDK is launching a music business program at Harvard University for students of color.
AstraZeneca, EU both claim a win in vaccine delivery tussle

AstraZeneca, EU both claim a win in vaccine delivery tussle

BRUSSELS (AP) — A Belgian court ruled Friday that coronavirus vaccine-maker AstraZeneca had committed a “serious breach” of its contract with the European Union amid a major legal battle over delivery obligations that has tarnished the company’s imag
Taseko Mines says chief executive and chief operating officers to retire

Taseko Mines says chief executive and chief operating officers to retire

VANCOUVER — Taseko Mines Ltd, says chief executive Russell Hallbauer and chief operating officer John McManus will retire at the end of the month.
US Mint to issue quarters honoring notable American women

US Mint to issue quarters honoring notable American women

Poet and author Maya Angelou, America’s first woman in space and a revered Cherokee Nation leader are among female trailblazers whose likenesses will appear on the U.S. quarter.
Cash payments take center stage in Newsom's 1st recall ad

Cash payments take center stage in Newsom's 1st recall ad

SACRAMENTO, Calif. (AP) — As both summer and the scheduling of a recall election date loom, Gov. Gavin Newsom wants to make sure Californians know about the cash payments and prize money he is doling out.