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S&P/TSX composite up more than 100 points, U.S. stock markets also rise
TORONTO — Canada's main stock index rose more than 100 points Thursday, helped by strength in industrial and utility stocks, while U.S. stock markets also rose. The S&P/TSX composite index closed up 122.58 points at 25,434.08.
Jan 23, 2025 2:39 PM
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Stock market today: S&P 500 climbs to its first record of 2025
NEW YORK (AP) — U.S. stocks rose to their first all-time high of 2025 as Wall Street regained a bit of the momentum that catapulted it to 57 records last year. The S&P 500 rose 0.
Jan 23, 2025 2:10 PM
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Fishers worried by N.S. premier's musings over lifting oil-exploration moratorium
HALIFAX — Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he's open to ending a moratorium on fossil fuel drilling in the rich Georges Bank fishing grounds.
Jan 23, 2025 2:07 PM
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Purdue Pharma and owners to pay $7.4 billion in settlement to lawsuits over the toll of OxyContin
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.
Jan 23, 2025 1:44 PM
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Tesla raising prices for its vehicles in Canada by up to $9,000 starting Feb. 1
TORONTO — Tesla Inc. is raising prices for its Canadian vehicles by thousands of dollars starting Feb.1 amid big shifts in incentives and rising trade tension.
Jan 23, 2025 1:00 PM
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Manitoba regulator approves hikes in natural gas, northern propane rates
WINNIPEG — Manitobans are going to pay a bit more for natural gas as well as propane used for home heating. The province's Public Utilities Board has approved an increase for natural gas by Centra Gas as of Feb. 1.
Jan 23, 2025 12:23 PM
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Purdue Pharma owners could pay $7.4 billion in new settlement to lawsuits over the toll of OxyContin
Members of the family who own OxyContin maker Purdue Pharma agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription painkiller, New York Attorney General Letitia James announced Thursday.
Jan 23, 2025 10:07 AM
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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
OMAHA, Neb. (AP) — Union Pacific reported 7% more fourth-quarter profit as the railroad prepared to deal with whatever challenges President Donald Trump's administration or the economy might present.
Jan 23, 2025 9:40 AM
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Statistics Canada reports November retail sales flat at $67.6 billion
OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.
Jan 23, 2025 8:30 AM
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More Americans file for unemployment benefits last week, continuing claims highest in 3 years
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.
Jan 23, 2025 8:19 AM
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