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S&P/TSX composite snaps five-day skid but closed down 3.3 per cent for week

S&P/TSX composite snaps five-day skid but closed down 3.3 per cent for week

TORONTO — Canada's main stock index broke a five-day losing streak but still ended the week off 3.3 per cent as crude oil and gold prices struggled over the past five trading sessions. The S&P/TSX composite index closed up 65.39 points to 18,394.
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Industry minister suggests Rogers outage could weigh on $26-billion Shaw deal

Industry minister suggests Rogers outage could weigh on $26-billion Shaw deal

Federal Industry Minister François-Philippe Champagne says last week's massive outage at Rogers Communications Inc. will be on his mind as he weighs the telecom provider's proposed $26-billion takeover of Shaw Communications Inc.
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5-letter word for fun? Hasbro, NYT create Wordle board game

5-letter word for fun? Hasbro, NYT create Wordle board game

The company that makes some of the world's most iconic board games including Scrabble, Monopoly, and Clue is developing a new one based on Wordle, the obsessively popular digital word-guessing game. Hasbro Inc.
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Retail sales up 1% in June, easing fears of a recession

Retail sales up 1% in June, easing fears of a recession

NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S.
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Manitoba wireless carrier Xplore Mobile to shut down at end of August

Manitoba wireless carrier Xplore Mobile to shut down at end of August

Xplore Mobile Inc. will be shutting down at the end of August. The wireless carrier, which provides service to customers in Manitoba, will cease operations on Aug. 31, according to a company statement.
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Royal Unibrew buying Toronto-based Amsterdam Brewery for $44 million

Royal Unibrew buying Toronto-based Amsterdam Brewery for $44 million

TORONTO — Royal Unibrew says it's buying Toronto-based Amsterdam Brewery Co. Ltd. for about $44 million.
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June home sales down 24% from last year, 6% since May: CREA

June home sales down 24% from last year, 6% since May: CREA

The national real estate market's cooling continued with home sales falling again in June, but the Canadian Real Estate Association said the decreases are smaller than those seen in previous months.
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Statistics Canada reports wholesale sales up 1.6 per cent in May at $81.1 billion

Statistics Canada reports wholesale sales up 1.6 per cent in May at $81.1 billion

OTTAWA — Statistics Canada says wholesale sales rose 1.6 per cent in May to $81.1 billion, boosted by higher sales in the food, beverage and tobacco subsector and the machinery, equipment and supplies group.
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The complex and sometimes controversial task of counting how far a dollar goes

The complex and sometimes controversial task of counting how far a dollar goes

TORONTO — It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime.
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China's economy shrinks 2.6% during virus shutdowns

China's economy shrinks 2.6% during virus shutdowns

BEIJING (AP) — China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks, but the government said a “stable recovery” is under way after b
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