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Fed's preferred inflation gauge shows price pressures stayed elevated last month

Fed's preferred inflation gauge shows price pressures stayed elevated last month

WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-el
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Stock market today: Alphabet and Microsoft jump to push Wall Street higher

Stock market today: Alphabet and Microsoft jump to push Wall Street higher

NEW YORK (AP) — Strong gains for Alphabet and Microsoft have the U.S. stock market on track for its first winning week in the last four. The S&P 500 rose 0.6% early Friday.
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Imperial Oil reports $1.2B Q1 profit, revenue up from year ago

Imperial Oil reports $1.2B Q1 profit, revenue up from year ago

CALGARY — Imperial Oil Ltd. reported a first-quarter profit of $1.20 billion, down from $1.25 billion in the same quarter last year. The company says the profit amounted to $2.23 per diluted share for the quarter ended March 31, up from $2.
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Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'

Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'

LONDON (AP) — U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential.
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Red gold: Climate change plays role as saffron cultivation comes to Nova Scotia

Red gold: Climate change plays role as saffron cultivation comes to Nova Scotia

When Matthew Roy moved from New Hampshire in 2020 to start a farm in southwestern Nova Scotia, one of the new crops he zeroed in on was saffron.
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Documents reveal Ottawa's efforts to get Loblaw, Walmart on board with grocery code

Documents reveal Ottawa's efforts to get Loblaw, Walmart on board with grocery code

It was evident to the federal government as early as last fall that Loblaw and Walmart might be holdouts to the grocery code of conduct, jeopardizing the project's success.
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Booze-free bottle shops aim to showcase variety, educate consumers

Booze-free bottle shops aim to showcase variety, educate consumers

Jonathan Barembruch and his wife would often sit with a glass of wine and unwind after long days at work.
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'Conscience is clear': N.B. tourism minister, deputy expense $22,500 for Euro trip

'Conscience is clear': N.B. tourism minister, deputy expense $22,500 for Euro trip

FREDERICTON — New Brunswick's tourism minister has remained defiant in the face of criticism from opposition members who have questioned the benefits of a weeklong trip to Europe that cost the province more than $22,500.
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TFI International reports lower earnings for first quarter, revenue rises

TFI International reports lower earnings for first quarter, revenue rises

MONTREAL — TFI International Inc. says its net income for the first quarter was US$92.8 million, down from US$111.9 million a year earlier. The Montreal-based transportation and logistics company says revenue totalled US$1.87 billion, up from US$1.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,885.38, up 11.66 points): Canadian Imperial Bank of Commerce. (TSX:CM). Finance. Down 40 cents, or 0.61 per cent, to $64.76 on 14.
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