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Manulife reports second-quarter net income of $1.04 billion
TORONTO — Manulife Financial Corp. says earnings were fairly flat in the second quarter as better market performance was offset by a sizable loss on a sale of debt instruments. The insurer says net income attributable to shareholders came in at $1.
Aug 7, 2024 3:46 PM
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TSX down almost 100 points despite Shopify gaining 18%, U.S. markets also down
TORONTO — Canada's main stock index fell almost 100 points Wednesday, tipping into the red after a strong start to the day, while U.S. markets also reversed earlier gains to end the day down. The S&P/TSX composite index closed down 98.
Aug 7, 2024 3:05 PM
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Shopify weathering softening consumer spending with diversity of merchants: president
Shopify Inc.'s president has heard retailers talking about softening consumer spending but feels his company is weathering the storm well because of the diversity of its merchants.
Aug 7, 2024 2:43 PM
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Toronto hardcore band F***ed Up sells album recorded in 24 hours for only one day
The clock is ticking for fans of Canadian hardcore band F***ed Up. The Polaris Music Prize-winning Toronto act announced Wednesday that it was giving fans a limited-time offer for a full album of new music.
Aug 7, 2024 2:43 PM
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N.S. swordfish harpoon fleet urged to bring tourists aboard to boost troubled sector
HALIFAX — An environmental group says Nova Scotia’s commercial swordfish fleet could generate millions in added revenue by bringing tourists along for fishing trips and using different gear.
Aug 7, 2024 2:39 PM
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Stocks slump on Wall Street after a morning rally evaporates
NEW YORK (AP) — Wall Street slumped after a morning rally evaporated, but the losses weren’t as bad as the manic moves that wracked markets worldwide over the last week. The S&P 500 fell 0.8% Wednesday. The Dow Jones Industrial Average fell 0.
Aug 7, 2024 2:09 PM
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Nova Scotia judge to decide fate of Atlantic Canada's largest newspaper chain
HALIFAX — A Nova Scotia judge is expected to decide Thursday whether to approve Postmedia's $1-million bid to acquire Atlantic Canada's largest newspaper chain.
Aug 7, 2024 2:03 PM
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Lawsuit launched by family of Indigenous woman in N.S. claims negligence in her death
HALIFAX — The mother of an Indigenous woman who died in hospital with fungal meningitis says her daughter's race may have played a role in the allegedly negligent medical treatment she received.
Aug 7, 2024 1:12 PM
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Crew of Titan sub knew they were going to die before implosion, according to more than $50M lawsuit
The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence.
Aug 7, 2024 1:00 PM
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Weakening job market was on BoC's mind as it cut interest rates, summary suggests
OTTAWA — The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process.
Aug 7, 2024 12:42 PM
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