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Panel to review water main break forcing Calgary to conserve water
CALGARY — The City of Calgary says a panel will review why a massive water main ruptured two weeks ago, while experts say the extended water conservation crisis should be a nationwide wake-up call.
Jun 18, 2024 2:43 PM
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Ontario Superior Court gives OK to Red Lobster Canada sales process
TORONTO — An Ontario court has approved a sales process and stalking horse bid for Red Lobster Canada, which is operating under court protection from creditors. The move comes after a U.S.
Jun 18, 2024 2:39 PM
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Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly drift
NEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
Jun 18, 2024 2:06 PM
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4 First Nations sign deal with Ontario to build roads near Ring of Fire
Four First Nations have signed a deal with Ontario for new roads, other infrastructure projects and skills training as the province lays a foundation for plans to mine the mineral-rich Ring of Fire region.
Jun 18, 2024 2:04 PM
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Cohere co-founder 'skeptical' of AI creating sci-fi doomsday scenarios
TORONTO — The head of Canadian artificial intelligence darling Cohere says the technology is not bound to exceed human capabilities any time soon and if it does, he's skeptical any sci-fi like scenarios will arise.
Jun 18, 2024 2:00 PM
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Emissions cap not possible without oil, gas production cuts: Deloitte
CALGARY — Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new report by Deloitte says.
Jun 18, 2024 1:53 PM
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Nuvei shareholders approve US$6.3-billion private equity buyout
MONTREAL — Nuvei Corp. shareholders have voted overwhelmingly in favour of a plan that will see the company bought by an American private equity firm and taken private at a US$6.3-billion valuation. The company says 99.
Jun 18, 2024 1:20 PM
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WestJet mechanics hit airline with 72-hour strike notice
CALGARY — WestJet mechanics say they are poised to walk off the job early as Thursday night after serving the airline with a 72-hour strike notice yesterday.
Jun 18, 2024 1:17 PM
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Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera
DETROIT (AP) — Stellantis is recalling nearly 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rearview cameras.
Jun 18, 2024 1:09 PM
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Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
NEW YORK (AP) — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.
Jun 18, 2024 12:57 PM
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