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Most of the U.S. stock market is rising Friday after oil prices eased back to where they were before the war with Iran, but drops for AI stocks are keeping the market in check.
Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the technology sector, while U.S. stock markets were mixed.
The province says its motivation is revenue generation rather than energy independence.
Sherritt International Corp. is shutting down operations at its refinery in Fort Saskatchewan, Alta., after running out of the feed inventory it receives from its Moa mine in Cuba.
The chief executive of Quebecor Inc. says his company is still keen to acquire Corus Entertainment Inc. as he urged the CRTC to reject the Toronto-based broadcaster’s own restructuring proposal.
Health Canada has recalled the Super Off-Road 12,000 mAh Solar Wireless Power Bank because its lithium-ion battery may overheat and swell, creating a fire hazard. Consumers are urged to stop using the product immediately and register with Spector and Co. for a refund and disposal instructions.
Lululemon shareholders have elected three management-backed directors, including former Levi Strauss chief Chip Bergh, cementing the settlement of a bruising proxy battle with its founder and paving the way for the incoming CEO to focus on reviving the athleisure brand.
The Canada Pension Plan Investment Board and real estate group Lendlease have signed a deal to sell their Elephant Park residential portfolio in London to Greystar.
Metro Inc. says the ongoing strike at its Laval, Que., fresh produce distribution centre is weighing on its third-quarter sales.
A Scandinavian home goods brand is gliding into Canada and if it picks up enough momentum, retail experts say competitors will have reason to worry.
An Ontario woman says a “filthy” cottage that she rented on Vrbo nearly derailed her family’s annual vacation.
Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom.
Record participation in a team-Canada trade mission to Japan has resulted in more than $1 billion in commercial investments signed between Canadian and Japanese companies.
Commodity prices helped lift Canada’s main stock index on Thursday as U.S. markets posted mixed results.
The U.S. stock market meandered to a mixed finish after several AI stocks veered back up their roller-coaster ride, Apple dropped after hiking prices.
Lululemon Athletica Inc. blocked non-shareholders and the media from attending its annual general meeting, where voters were deciding whether to appoint two controversial nominees to the retailer’s board.
