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Intact Financial reports sharp profit rise to $758 million in Q2 as rates increase
TORONTO — Intact Financial Corp. says its profits rose in the second quarter as past catastrophe losses are helping drive insurance premium growth.
Jul 30, 2024 3:32 PM
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Precision Drilling earns $20.7 million in second quarter
CALGARY — Precision Drilling Corp. says its earnings for the second quarter declined 23 per cent year-over-year to $20.7 million, down from $26.9 million. Revenue for the quarter was $429.2 million, up from $425.
Jul 30, 2024 3:14 PM
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TC Energy signs deal to sell minority stake in pipeline to Indigenous groups
CALGARY — TC Energy Corp. is selling a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities for $1 billion.
Jul 30, 2024 3:03 PM
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S&P/TSX composite up, U.S. markets mixed as tech losses weigh on Wall St.
TORONTO — Strength in financials and utilities helped Canada's main stock index stay afloat Tuesday as U.S. markets were mixed, weighed down by losses in the tech sector. The S&P/TSX composite index was up 45.10 points at 22,824.67.
Jul 30, 2024 2:36 PM
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Terrell Davis says United banned him after flight incident. Airline says it was already rescinded
DENVER (AP) — Pro Football Hall of Famer Terrell Davis posted an email from United Airlines Tuesday that said he was banned from flying the airline until a review of an incident earlier this month was complete.
Jul 30, 2024 2:27 PM
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Meta agrees to $1.4B settlement with Texas in privacy lawsuit over facial recognition
AUSTIN, Texas (AP) — Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday.
Jul 30, 2024 1:57 PM
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Senate passes bill to protect kids online and make tech companies accountable for harmful content
WASHINGTON (AP) — The Senate overwhelmingly passed legislation Tuesday that is designed to protect children from dangerous online content , pushing forward with what would be the first major effort by Congress in decades to hold tech companies more a
Jul 30, 2024 12:15 PM
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U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market
WASHINGTON (AP) — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates . There were 8.18 million job vacancies in June, down from 8.
Jul 30, 2024 12:12 PM
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American consumers feeling more confident in July as expectations of future improve
American consumers felt more confident in July as expectations over the near-term future rebounded. However, in a reversal of recent trends, feelings about current conditions weakened.
Jul 30, 2024 11:59 AM
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B.C. toxic drug deaths down 9% in 2024, but six people continue to die each day
VICTORIA — British Columbia's Coroners Service says the number of people who have died this year from toxic drug poisoning is down from 2023, but an average of six people are still dying every day from using illicit drugs.
Jul 30, 2024 11:27 AM
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