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Recession signal from bond yield inversions could prompt portfolio rebalance: Experts
TORONTO — Talk of an upcoming recession is raising angst after a closely watched indicator flashed a warning sign, but experts say it could be a needed spark for investors to take a more active look at their portfolios.
Apr 7, 2022 12:03 PM
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Richelieu Hardware reports first-quarter profit and sales up from year ago
MONTREAL — Richelieu Hardware Ltd. posted a higher profit in its latest quarter amid a sharp rise in sales as the company added three new acquisitions to its network.
Apr 7, 2022 10:26 AM
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Roku adds CTV channels to its streaming device line up
TORONTO — Roku is adding CTV channels to the offerings on its streaming device. After several years of holding out, CTV's owner Bell Media struck an agreement with Roku Inc.
Apr 7, 2022 10:12 AM
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BlackBerry to settle lawsuit over BlackBerry 10 smartphone but denies all allegations
WATERLOO, ONTARIO — BlackBerry Ltd. says it has reached a deal to settle a drawn-out class action lawsuit alleging the company defrauded shareholders by making misleading claims about its BlackBerry 10 smartphones.
Apr 7, 2022 9:54 AM
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US jobless claims stay at historically low levels last week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims fell by 5,000 to 166,000 for the week ending April 2, the Labor Department reported Thursday.
Apr 7, 2022 9:00 AM
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Air Canada to suspend flights between Vancouver and Delhi this summer
VANCOUVER — Air Canada says it is suspending flights between Vancouver and Delhi this summer due to the difficulties of avoiding Russian and Ukrainian airspace.
Apr 6, 2022 11:14 PM
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Mariupol's dead put at 5,000 as Ukraine braces in the east
ANDRIIVKA, Ukraine (AP) — The mayor of the besieged port city of Mariupol put the number of civilians killed there at more than 5,000 Wednesday, as Ukraine collected evidence of Russian atrocities on the ruined outskirts of Kyiv and braced for what c
Apr 6, 2022 9:31 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,788.60, down 142.23 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 17 cents, or 0.6 per cent, to $26.67 on 10.
Apr 6, 2022 5:25 PM
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Canada's main stock index falls to three-week low on concerns over central bank moves
TORONTO — Canada's main stock index slid to a nearly three-week low as minutes from the last Federal Reserve meeting reinforced fears that aggressive moves to fight inflation will prompt an economic slowdown.
Apr 6, 2022 4:52 PM
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Fed signals more aggressive steps to fight inflation
WASHINGTON (AP) — Federal Reserve officials are signaling that they will take an aggressive approach to fighting high inflation in the coming months — actions that will make borrowing sharply more expensive for consumers and businesses and heighten r
Apr 6, 2022 4:26 PM
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