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Stock market today: S&P 500 rallies to its first gain since Christmas
NEW YORK (AP) — Wall Street rallied out of its holiday-season funk. The S&P 500 climbed 1.3% Friday, its best day in nearly two months and its first gain since Christmas. The Dow Jones Industrial Average rose 0.
Jan 3, 2025 1:07 PM
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Google sends funds to journalism collective in exchange for Online ÃÛÌÒÊÓÆµapp Act exemption
Google has sent the $100 million it agreed to pay Canadian news outlets in exchange for an exemption from the Online ÃÛÌÒÊÓÆµapp Act to a journalism organization designed to distribute the funds. The U.S.
Jan 3, 2025 12:38 PM
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Lion Electric temporarily reduces workforce amid CCAA proceedings
MONTREAL — Lion Electric announced Friday it's temporarily laying off around 150 workers in Canada and the U.S., in the context of its ongoing proceedings under the Companies' Creditors Arrangement Act (CCAA).
Jan 3, 2025 11:57 AM
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Uptick in Vancouver home sales last month caps 'pivot year' for market: board
Greater Vancouver home sales rose 31.2 per cent on a year-over-year basis in December, capping a "pivot year" for the market that saw the number of homes changing hands in the region tick higher.
Jan 3, 2025 10:28 AM
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Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen.
Jan 3, 2025 10:26 AM
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CPP Investments selling stake in Goodman logistics partnership
TORONTO — The Canada Pension Plan Investment Board says it is selling its stake in a logistics investment partnership it established with Australia's Goodman Group. CPP Investments says it will realize about US$2.
Jan 3, 2025 9:58 AM
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Non-alcoholic drinks aren't just for the sober, as more Canadians cut back
Whether it's for a celebration, a gathering or an evening to unwind, Canadians increasingly favour non-alcoholic options over beer, wine and spirits.
Jan 3, 2025 9:02 AM
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Biden rejects Nippon Steel's proposed deal to acquire US Steel
WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition. “We need major U.S.
Jan 3, 2025 5:25 AM
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Pedal away: Charlottetown proposes 'bike bus' to get students to bicycle to school
CHARLOTTETOWN — Anna Keenan likes to keep up with public transit trends. The City of Charlottetown's sustainable transportation officer said she learned on Instagram of a new way students are travelling to school: a bike bus.
Jan 3, 2025 1:00 AM
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Industry minister talks TikTok, Elon Musk and the future of his AI bill
OTTAWA — As the federal government battles TikTok in court over Ottawa’s order to close its Canadian offices, Canada’s industry minister says families should make their own decisions about whether to continue using the app.
Jan 3, 2025 1:00 AM
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