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CPP Investments buying 20% stake in European software company Team.blue
TORONTO — The Canada Pension Plan Investment Board is investing about $811 million for a 20 per cent stake in European company Team.blue, which helps simplify online business for entrepreneurs and small businesses. The transaction values Team.
Jul 10, 2024 10:54 AM
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Powell stresses message that US job market is cooling, a possible signal of coming rate cut
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it's likely to begin cutting interest rate
Jul 10, 2024 10:48 AM
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Astronauts confident Boeing space capsule can safely return them to Earth, despite failures
CAPE CANAVERAL, Fla. (AP) — Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re confident that Boeing’s space capsule can return them safely, despite breakdowns.
Jul 10, 2024 10:29 AM
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Canadian Chamber of Commerce names Candace Laing new president and CEO
The Canadian Chamber of Commerce has named Candace Laing its new president and CEO, effective Sept. 1.
Jul 10, 2024 8:00 AM
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China launches investigation in response to EU’s probe of solar, wind power and other products
BEIJING (AP) — China’s Commerce Ministry announced Wednesday it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies.
Jul 10, 2024 4:22 AM
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Climate advocacy group calls out property insurers for fossil fuel support
TORONTO — A shareholder advocacy group is calling out Canada's property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters.
Jul 10, 2024 2:00 AM
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'Perfect rat storm': Ontario cities seek ways to fight increasingly visible rats
Efforts are underway to combat growing rat populations in two of Ontario's largest cities, as the rodents that typically lurk underground become more visible thanks to a combination of construction and climate change.
Jul 10, 2024 2:00 AM
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ATCO Electric fined $3 million for unearned rate increases, overstating its costs
A prominent Alberta company has agreed to pay $3 million in fines for misleading the province's utilities watchdog about its costs in two separate projects.
Jul 9, 2024 7:46 PM
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Union ramps up pressure in LCBO strike with no talks planned to get deal
MISSISSAUGA, Ont. — The union representing Ontario liquor store workers has ramped up pressure in a five-day-old strike, with no talks planned to hammer out a deal.
Jul 9, 2024 3:12 PM
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S&P/TSX composite posts loss Tuesday, U.S. stock markets mixed
TORONTO — Canada's main stock index posted a loss on Tuesday as weakness in energy and industrial stocks led the market lower, while U.S. stock markets were mixed. Markets were digesting testimony before Congress from U.S.
Jul 9, 2024 2:49 PM
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