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S&P/TSX composite down almost 300 points, U.S. stocks also fall

S&P/TSX composite down almost 300 points, U.S. stocks also fall

TORONTO — Canada's main stock index was down almost 300 points in a broad-based decline, while U.S. stock markets also fell amid a stronger-than-expected jobs report.
Suncor cyberattackers obtained Petro-Points members' contact information

Suncor cyberattackers obtained Petro-Points members' contact information

CALGARY — Suncor Energy Inc. says the cyberattack that affected the company's Petro-Canada retail chain also resulted in the leakage of some customer data.
Stock market today: Wall Street falls after hot jobs data raises threat of high rates

Stock market today: Wall Street falls after hot jobs data raises threat of high rates

NEW YORK (AP) — Stocks closed lower after reports suggested the U.S. job market remains much more resilient than expected. The S&P 500 fell 0.8% Thursday. The Dow lost 366 points, or 1.1%, and the Nasdaq fell 0.8%.
Toronto's Pearson Airport to host hydrogen refuelling station

Toronto's Pearson Airport to host hydrogen refuelling station

MISSISSAUGA, Ont. — Toronto's Pearson Airport will be home to Ontario's first public hydrogen refuelling station for zero-emission vehicles powered by fuel cells.
Pulling ads from Facebook could force its hand on news deals — if support grows

Pulling ads from Facebook could force its hand on news deals — if support grows

MONTREAL — Pulling ads from Facebook could prod Meta toward inking deals with news outlets, though more momentum would be needed to push it over the edge, experts say.
Meta's new Twitter rival app Threads gets tens of millions of sign-ups in its first day

Meta's new Twitter rival app Threads gets tens of millions of sign-ups in its first day

LONDON — Tens of millions of people have quickly signed up to Meta's new app, Threads, as it aims to compete with Twitter — a sign that users are looking for an alternative to the social media platform that has undergone a series of unpopular changes
Statistics Canada reports $3.4B merchandise trade deficit for May

Statistics Canada reports $3.4B merchandise trade deficit for May

OTTAWA — Canada posted a merchandise trade deficit of $3.4 billion in May as imports of unwrought silver soared and lower oil prices weighed on exports, Statistics Canada said Thursday.
U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

WASHINGTON (AP) — U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.
More Canadians turn to short-term rentals to earn extra cash, maintain properties

More Canadians turn to short-term rentals to earn extra cash, maintain properties

When Marcus Rader returned home after an extended winter trip last year, he was greeted with a broken furnace, freezing temperatures and a week-long wait for a repair.
More Americans apply for jobless benefits, but layoffs are not rising significantly

More Americans apply for jobless benefits, but layoffs are not rising significantly

The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve's attempt to cool the labor market by raising interest rates. U.S.