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Stock market today: Wall Street sinks as bank fears flare

Stock market today: Wall Street sinks as bank fears flare

NEW YORK (AP) — Stocks closed lower as Wall Street’s worries about the U.S. banking system cranked even higher. The S&P 500 lost 0.7% Thursday. The Dow Jones Industrial Average fell 286 points and is now down for the year.
BoC can address banking system stress, even as it fights inflation: Macklem

BoC can address banking system stress, even as it fights inflation: Macklem

TORONTO — The Bank of Canada has shifted its messaging in recent months from the need to get inflation under control to bringing it back down to the two per cent target.
Zelenskyy wants Putin trial; Russia accuses US on drones

Zelenskyy wants Putin trial; Russia accuses US on drones

THE HAGUE, Netherlands (AP) — Ukraine and Russia pressed their wartime rhetoric Thursday, with Ukrainian President Volodymyr Zelenskyy expressing confidence that Vladimir Putin would be convicted of war crimes, and the Kremlin alleging that the U.S.
Parkland rejects activist investor's call to sell or spin off Burnaby, B.C. refinery

Parkland rejects activist investor's call to sell or spin off Burnaby, B.C. refinery

CALGARY — Parkland Fuel Corp. said Thursday its Burnaby, B.C. refinery is not for sale, even in the face of pressure from an activist investor. The Calgary-based fuel retailer and convenience store operator has been the subject of a campaign by U.S.
Jury finds Ed Sheeran didn't copy Marvin Gaye classic

Jury finds Ed Sheeran didn't copy Marvin Gaye classic

NEW YORK (AP) — A federal jury in New York concluded Thursday that British singer Ed Sheeran didn't steal key components of Marvin Gaye’s classic 1970s tune “Let’s Get It On” when he created his hit song “Thinking Out Loud.
Telus reports Q1 profit down from a year ago, raises quarterly dividend

Telus reports Q1 profit down from a year ago, raises quarterly dividend

Telus Corp. raised its dividend Thursday as it reported its first-quarter profit fell compared with a year ago on higher interest, depreciation and amortization, restructuring and other costs.
'Your presence is a present': How to navigate invitations that say 'no gifts'

'Your presence is a present': How to navigate invitations that say 'no gifts'

TORONTO — You've received an invitation to a milestone birthday, wedding or baby shower and after glossing over some details you spot the saying: “your presence is a present.
Enbridge signs tolling deal with shippers for Mainline pipeline system

Enbridge signs tolling deal with shippers for Mainline pipeline system

CALGARY — Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over three million barrels a day of crude oil and liquids from Western Canada.
These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
Statistics Canada says merchandise trade surplus $972 million in March

Statistics Canada says merchandise trade surplus $972 million in March

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus in March of $972 million as imports fell more than exports. The agency said Thursday the surplus compared with a revised deficit of $487 million in February.