Business

Most actively traded companies on the Toronto Stock Exchange
Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,331.54, up 53.03 points): Cenovus Energy Inc. (TSX:CVE). Energy. Up 31 cents, or 1.42...

51m ago

A 'soft landing' or a recession? How each one might affect America's households and businesses

WASHINGTON (AP) — The solid hiring revealed in Friday's jobs report for November, along with a raft of other recent economic data, is boosting hopes that the U.S. economy will achieve a “soft landing”...

1h ago

FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal

WASHINGTON (AP) — The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. ...

1h ago

EQB customers weathering shock of high interest rates, CEO says
EQB customers weathering shock of high interest rates, CEO says

TORONTO — The head of EQB Inc. says customers are largely weathering the shock of high interest rates. About 80 per cent of EQ customers had already renewed their mortgage at a higher rate without a...

2h ago

With no supermarket for residents of Atlantic City, New Jersey and hospitals create mobile groceries
With no supermarket for residents of Atlantic City, New Jersey and hospitals create mobile groceries

ATLANTIC CITY, N.J. (AP) — In this seaside resort, where $5 billion worth of in-person and online gambling gets done each year, there still is not a supermarket. People who live in Atlantic...

2h ago

U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects
U.S. and UAE-backed initiative announces $9 billion more for agricultural innovation projects

DUBAI, United Arab Emirates (AP) — An additional $9 billion of funding to tackle agriculture's role in the climate crisis was announced on the sidelines of the United Nations climate talks on Friday. ...

2h ago

In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024
In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024

Starbucks said Friday it’s committed to bargaining with its unionized workers and reaching labor agreements next year, a major reversal for the coffee chain after two years fighting the unionization...

2h ago

Feds recover $40M from defunct Quebec vaccine developer Medicago
Feds recover $40M from defunct Quebec vaccine developer Medicago

OTTAWA — The federal government has recovered $40 million of its investment in the now-defunct Quebec-based vaccine developer Medicago as part of a deal with the parent company, the innovation minister...

1h ago

FDA approves 2 gene therapies for sickle cell. One is the first to use the editing tool CRISPR
FDA approves 2 gene therapies for sickle cell. One is the first to use the editing tool CRISPR

Regulators on Friday approved two gene therapies for sickle cell disease that doctors hope can cure the painful, inherited blood disorder that afflicts mostly Black people in the U.S. The...

37m ago

S&P/TSX composite up Friday led by energy, base metals; U.S. stock markets also rise
S&P/TSX composite up Friday led by energy, base metals; U.S. stock markets also rise

TORONTO — Strength in base metal and energy stocks helped Canada's main stock index post modest gains Friday, while U.S. markets also rose.  The first trading week of December ended on a somewhat positive...

51m ago