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S&P/TSX composite swings wildly to close its worst week in more than two years
TORONTO — A rare sizable decline in crude oil prices overwhelmed a tech bounce to push Canada's main stock index lower, ending a brutal week that saw it plunge 6.6 per cent in its worst performance in more than two years.
Jun 17, 2022 4:40 PM
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Wall Street closes worst week since 2020 with slight gain
NEW YORK (AP) — Wall Street closed out its most punishing week since the 2020 coronavirus crash with a meandering day of trading Friday that left it a bit higher. The S&P 500 rose 8.07 points, or 0.2%, to 3,674.
Jun 17, 2022 4:38 PM
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Economic loss would have exceeded gains if Edmonton had held World Cup games: expert
EDMONTON — An economics professor says Edmonton should be happy it was not selected to host games for the 2026 FIFA World Cup because the cost would have exceeded the economic benefits.
Jun 17, 2022 4:36 PM
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Ottawa launches first phase of Canada Greener Home Loan program
Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home’s environmental footprint.
Jun 17, 2022 2:01 PM
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Growing number of companies end mandatory vaccination as COVID-19 restrictions ease
MONTREAL — A growing swath of Canadian companies are no longer requiring employees to be vaccinated to come to work, as corporate policies ease in step with public health guidelines.
Jun 17, 2022 11:31 AM
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Bausch Health suspends plans for initial public offering of Solta Medical
LAVAL, Que. — Bausch Health Companies Inc. is suspending plans for an initial public offering of its Solta Medical business due to what it says are challenging market conditions and other factors.
Jun 17, 2022 11:16 AM
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Vince McMahon will step down during WWE misconduct probe
Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization.
Jun 17, 2022 11:13 AM
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FDA authorizes 1st COVID-19 shots for infants, preschoolers
U.S. regulators on Friday authorized the first COVID-19 shots for infants and preschoolers, paving the way for vaccinations to begin next week.
Jun 17, 2022 11:07 AM
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European Union executive: Make Ukraine a member candidate
BRUSSELS (AP) — The European Union's executive arm on Friday recommended making Ukraine a candidate for EU membership, a morale booster and a first step on what is expected to be a long road for the war-torn country to join the 27-nation bloc.
Jun 17, 2022 11:04 AM
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Cannabis company Hexo's Zenabis subsidiary files for CCAA protection
GATINEAU, Que. — Cannabis company Hexo Corp. says Zenabis Global Inc., a wholly owned subsidiary, has filed for protection under the Companies’ Creditors Arrangement Act.
Jun 17, 2022 8:47 AM
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