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EU court largely upholds $4B Google Android antitrust fine

EU court largely upholds $4B Google Android antitrust fine

LONDON (AP) — A top court largely rejected Google's appeal of a record European Union antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system.
EU chief proposes electricity market reform, revenue cap

EU chief proposes electricity market reform, revenue cap

BRUSSELS (AP) — A top European Union official unveiled Wednesday a plan to cap the revenues of electricity producing companies that are making extraordinary profits due to the war in Ukraine and climate change, saying the proposal could raise $140 bi
Temporary boost to GST rebate appropriate amid high inflation: economists

Temporary boost to GST rebate appropriate amid high inflation: economists

OTTAWA — The federal government’s newly announced inflation relief for lower-income Canadians through the GST rebate stacks up as a better policy than some of the cash payments issued by provinces, economists say.
Japanese, contemporary cuisine figure prominently in first Toronto Michelin Guide

Japanese, contemporary cuisine figure prominently in first Toronto Michelin Guide

Toronto can now boast to being home to more than a dozen Michelin-star eateries, including a two-star sushi restaurant run by a celebrated chef previously recognized by the prestigious food guide.
Asian markets open lower after price data slam Wall Street

Asian markets open lower after price data slam Wall Street

NEW YORK — Asian markets skidded lower on Wednesday after Wall Street fell the most since June 2020 as a report showed inflation has kept a surprisingly strong grip on the U.S. economy. Tokyo’s benchmark Nikkei 225 lost 2.
The complete list of Toronto restaurants in the Michelin Guide's 1st Canadian edition

The complete list of Toronto restaurants in the Michelin Guide's 1st Canadian edition

TORONTO — The first Canadian edition of the Michelin Guide was announced Tuesday. Restaurants deemed to have exceptional cuisine are given a ranking of one, two or three stars.
Emmys reach record-low audience of 5.9 million people

Emmys reach record-low audience of 5.9 million people

NEW YORK (AP) — The Emmy Awards hit a new low in viewership on Monday night, with its estimated audience of 5.9 million people even smaller than the COVID-19-disrupted ceremony two years ago.
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 (19,645.40, down 341.83 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 51 cents, or 1.21 per cent, to $41.60 on 13.6 million shares.
North American markets tumble, with U.S. stocks posting worst drop since June 2020

North American markets tumble, with U.S. stocks posting worst drop since June 2020

TORONTO — North American markets tumbled Tuesday after the latest reading on U.S. inflation disappointed traders, with Canada's main stock index down more than 300 points and all three major U.S.
US inflation still stubbornly high despite August slowdown

US inflation still stubbornly high despite August slowdown

WASHINGTON (AP) — Lower gas costs slowed U.S. inflation for a second straight month in August, but most other prices across the economy kept rising — evidence that inflation remains a heavy burden for American households. Consumer prices rose 8.