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Treasury Secretary Yellen expects inflation to 'remain high'

Treasury Secretary Yellen expects inflation to 'remain high'

WASHINGTON (AP) — Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chair Jerome Powell “could have used a better word” than “transitory” when describing the expected run of inflation in the U.S. economy.
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Stingray caps weaker year with Q4 profits plunging to $4.5M despite higher revenues

Stingray caps weaker year with Q4 profits plunging to $4.5M despite higher revenues

MONTREAL — Stingray Group Inc. capped a challenging year with net profits plunging to $4.5 million in the fourth quarter despite higher revenues.
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Grocery chain Empire joins ownership group behind Scene+ loyalty program

Grocery chain Empire joins ownership group behind Scene+ loyalty program

TORONTO — Grocery giant Empire Company Ltd. is moving forward with a new loyalty program after becoming a co-owner of the Scene+ program operated by Cineplex Inc. and Scotiabank. The three parties announced the new partnership on Tuesday.
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Feds: Goodyear knew of defective RV tires as early as 2002

Feds: Goodyear knew of defective RV tires as early as 2002

DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn't recall them for as many as 20 years.
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Shopify shareholders approve new voting rights for CEO Tobi Lutke, stock split

Shopify shareholders approve new voting rights for CEO Tobi Lutke, stock split

Shopify Inc. shareholders voted to solidify founder and CEO Tobi Lütke's voting power for as long as he is at the company andensurehe, his family and affiliates will hold 40 per cent of the company's voting power.
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Queen Elizabeth's jubilee celebration takes a ratings bow

Queen Elizabeth's jubilee celebration takes a ratings bow

LOS ANGELES (AP) — The U.S. split from Great Britain is history, but the monarchy still has a hold on its former colony's heart.
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Cenovus CEO says future of energy is 'diversification', not 'transition'

Cenovus CEO says future of energy is 'diversification', not 'transition'

CALGARY — The clash between the world's thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,928.21, up 109.12 points.) Great-West Lifeco Inc. (TSX:GWO). Financials. Up 38 cents, or 1.1 per cent, to $33.79 on 15.
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Energy stocks help lift S&P/TSX composite index despite World Bank growth downgrade

Energy stocks help lift S&P/TSX composite index despite World Bank growth downgrade

TORONTO — A continued rise in crude oil prices helped lift the energy sector and in turn Canada's main stock index to a near six-week high even though the World Bank downgraded its forecast for global growth.
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Russia claims advances in Ukraine amid fierce fighting

Russia claims advances in Ukraine amid fierce fighting

KYIV, Ukraine (AP) — Russia on Tuesday claimed to have taken control of 97% of one of the two provinces that make up Ukraine's Donbas, bringing the Kremlin closer to its goal of fully capturing the eastern industrial heartland of coal mines and facto
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