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Brookfield Asset Management to spin off asset management business

TORONTO — Brookfield Asset Management Inc. says it will spin off its asset management business into a separate publicly listed company.
US producer prices surge 11% in April as food prices jump

US producer prices surge 11% in April as food prices jump

WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.
Finland's leaders call for NATO membership 'without delay'

Finland's leaders call for NATO membership 'without delay'

HELSINKI (AP) — Finland’s leaders said Thursday they’re in favor of rapidly applying for NATO membership, paving the way for a historic expansion of the alliance that could deal a serious blow to Russia as its military struggles with its war in Ukrai
How to get better mileage, save on your next tank as gas prices rise

How to get better mileage, save on your next tank as gas prices rise

TORONTO — Gas prices have smashed records in recent weeks as the world grapples with Russia's invasion of Ukraine and demand has soared as the economy reopens. The daily average retail price for gas across the country hit an all-time high of $197.
North Korea confirms 1st COVID outbreak, Kim orders lockdown

North Korea confirms 1st COVID outbreak, Kim orders lockdown

SEOUL, South Korea (AP) — North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record keeping out the virus that has spread
Ukraine to hold first war crimes trial of captured Russian

Ukraine to hold first war crimes trial of captured Russian

ZAPORIZHZHIA, Ukraine (AP) — Ukraine’s top prosecutor disclosed plans Wednesday for the first war crimes trial of a captured Russian soldier, as fighting raged in the east and south and the Kremlin left open the possibility of annexing a corner of th

Jury clears American in alleged assault of flight attendant

FORT WORTH, Texas (AP) — Jurors in a civil lawsuit decided Wednesday that American Airlines did not bear responsibility for an alleged sexual assault against a flight attendant by a celebrity chef who was hired by the airline as an independent contra
Sun Life Financial Inc. earns $858M in first quarter; raises dividend

Sun Life Financial Inc. earns $858M in first quarter; raises dividend

TORONTO — Sun Life Financial Inc. says it earned $858 million in the first quarter of this year, down eight per cent from the $937 million it earned in the first quarter of 2021.
Manulife Financial Corp. says it earned $3 billion in first quarter of 2022

Manulife Financial Corp. says it earned $3 billion in first quarter of 2022

TORONTO — Manulife Financial Corp. says it earned $3 billion in the first quarter of 2022, an increase of $2.2 billion from the same quarter of 2021. The Toronto-based insurer and financial services company says the profit works out to $1.
Judge: Trump must pay $110K, meet conditions to end contempt

Judge: Trump must pay $110K, meet conditions to end contempt

NEW YORK (AP) — A New York judge said Wednesday he will lift Donald Trump’s contempt of court order if the former president meets conditions including paying $110,000 in fines he’s racked up for being slow to respond to a civil subpoena issued by the