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S&P/TSX composite down more than 100 points Thursday, U.S. stock markets also lower
TORONTO — Canada's main stock index declined by more than 100 points Thursday amid broad-based weakness, while U.S. markets also moved lower, with the Nasdaq leading losses at 1.87 per cent. The S&P/TSX composite index closed down 103.
Aug 24, 2023 2:51 PM
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Silk Laundry, Section 35 among Canadian Arts & Fashion Award nominees
TORONTO — The timeless designs of Silk Laundry and streetwear by Indigenous-owned brand Section 35 are among the nominees for the Canadian Arts & Fashion Awards this year.
Aug 24, 2023 2:40 PM
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Stock market today: Wall Street wilts as yields rise ahead of speech by Federal Reserve’s Powell
NEW YORK (AP) — Wall Street closed lower, despite a blowout profit report from Nvidia, as bond yields rose ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell. The S&P 500 fell 1.
Aug 24, 2023 2:08 PM
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Hudson's Bay brings back outlet model with new Scarborough store
TORONTO — Hudson's Bay is reviving its outlet model with a discount store in Toronto's east end. The department store chain says it is converting an existing Hudson's Bay store at Eglinton Square in Scarborough to an outlet.
Aug 24, 2023 2:08 PM
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'No profit right now': Trucking industry facing leaner times as consumer demand drops
MONTREAL — For Jas Singh, the road to profit just keeps getting narrower. “It’s slow right now, not too many loads," said the owner of JK Transport, a Brampton-based trucking company Singh launched 15 years ago.
Aug 24, 2023 1:28 PM
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Crescent Point Energy signs deal to sell assets in North Dakota for $675M in cash
CALGARY — Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a private operator for about $675 million in cash.
Aug 24, 2023 1:19 PM
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Starbucks' Pumpkin Spice Latte turns 20, whether you like it or not
The seasonal drink that made pumpkin spice a star is turning 20. And unlike the autumn days it celebrates, there seems to be no chill in customer demand. Starbucks’ Pumpkin Spice Latte goes on sale Thursday in the U.S.
Aug 24, 2023 12:18 PM
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Quebec company buys private island with chalet to boost employee happiness
LAVAL, Que. — A Montreal-area company has come up with a novel — if extreme — way to boost employee happiness: buying them a private island.
Aug 24, 2023 11:40 AM
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TC Energy seeks approval for potential minority interest sale of NGTL system
CALGARY — TC Energy Corp. has applied for regulatory approval for a potential minority interest sale of its Nova Gas Transmission Ltd. (NGTL) system, one that could include possible participation from Indigenous groups.
Aug 24, 2023 11:02 AM
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Sandwich chain Subway will be sold to fast-food investor Roark Capital
Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management that could help the sandwich chain expand and improve its stores. Terms of the deal weren’t disclosed.
Aug 24, 2023 10:42 AM
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