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Interac services "fully available" again after Rogers outage
TORONTO — Interac says its services are fully available again after debit transactions were halted by a widespread Rogers network outage impacting mobile and network services across much of Canada.
Jul 9, 2022 10:36 AM
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Musk abandons deal to buy Twitter; company says it will sue
Elon Musk announced Friday that he will abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts.
Jul 8, 2022 10:48 PM
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Far-reaching implications of Rogers outage shows need for competition: Expert
TORONTO — A widespread Rogers Communications Inc. outage that caused trouble for 911 services, retailers and transit operators Friday had many warning the incident is a sign that oligopolistic telecommunications companies need more competition.
Jul 8, 2022 10:27 PM
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Suncor Energy says president and CEO Mark Little has stepped down, resigns from board
CALGARY — Suncor Energy Inc.
Jul 8, 2022 9:13 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,022.86, down 40.31 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Down six cents, or 2.7 per cent, to $2.13 on 16 million shares.
Jul 8, 2022 5:27 PM
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S&P/TSX composite slips but ends week higher even as jobs report supports rate hikes
TORONTO — Canada's main stock index ended up for the week despite slipping Friday after a June jobs report reinforced expectations that the central bank will pursue another aggressive interest rate hike next week.
Jul 8, 2022 5:17 PM
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Economy lost 43,000 jobs in June, unemployment rate falls to 4.9%
OTTAWA — The Canadian economy recorded its first monthly loss of jobs since start of the year in June, but the labour market continued to be exceptionally tight as the unemployment rate fell again and wages moved higher.
Jul 8, 2022 2:58 PM
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Canadian leakproof apparel maker Knix sells majority stake to Essity of Sweden
Canadian apparel brand Knix Wear Inc., maker of leakproof underwear for periods and incontinence, has a new majority shareholder.
Jul 8, 2022 2:53 PM
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A robust June jobs report clouds outlook for US economy
WASHINGTON (AP) — A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession — and highlighted the resilience of the nation's job market.
Jul 8, 2022 1:59 PM
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MTY Food Group posts higher sales as it contends with labour shortage, inflation
MONTREAL — Canadian restaurant franchisor and operator MTY Food Group Inc. is seeing a rebound in sales and traffic even as it grapples with inflation, supply chain snags and ongoing labour shortages.
Jul 8, 2022 11:13 AM
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