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Stocks climb on Wall Street as investors focus on earnings
NEW YORK — Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 1.1% Tuesday. The Dow Jones Industrial Average and the Nasdaq also rose.
Oct 18, 2022 2:07 PM
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Wealthsimple secures access for upcoming real-time-rail payment system
TORONTO — Wealthsimple says a key approval from the Bank of Canada gives it direct access to a much faster national payments system that's in the works.
Oct 18, 2022 12:40 PM
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18 per cent of businesses affected by cybersecurity incidents last year: StatCan
OTTAWA — A new Statistics Canada report says 18 per cent of Canadian businesses were impacted by cybersecurity incidents last year, down from 21 per cent in 2019, as they spent more money to prevent attacks.
Oct 18, 2022 11:50 AM
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Oxfam pegs Canadian bank-financed emissions at 1.9 billion tonnes in 2020
TORONTO — Canada's eight biggest banks financed about 1.9 billion tonnes of emissions in 2020, estimates a report out Tuesday by Oxfam groups in Canada that calls on the industry to increase its own emissions disclosure.
Oct 18, 2022 11:14 AM
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Amazon workers reject union bid in upstate New York
NEW YORK (AP) — Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labor group that’s been attempting to drag the company to the negotiating table since its historic win earlier this year
Oct 18, 2022 10:12 AM
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On the job hunt? Here's how to negotiate for the best salary, other perks
Young Canadians are facing rising rents and mortgage costs on top of higher grocery and gas bills — and for those on the job hunt, negotiating a higher salary is likely to be front of mind.
Oct 18, 2022 10:05 AM
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Pipeline operator agrees to $50M California spill settlement
SANTA ANA, Calif. (AP) — A pipeline operator has agreed to pay $50 million to thousands of Southern California fishermen, tourism companies and property owners who sued after an offshore oil spill last year near Huntington Beach.
Oct 18, 2022 9:42 AM
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EU faces battle to keep energy prices from tanking economy
BRUSSELS (AP) — European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies don't further tank their struggling economies and foment unrest.
Oct 18, 2022 9:40 AM
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French firm admits Islamic State group payments in US court
NEW YORK (AP) — French cement company Lafarge pleaded guilty Tuesday to paying millions of dollars to the Islamic State group so that a plant in Syria could remain open, a case that the Justice Department described as the first of its kind.
Oct 18, 2022 9:33 AM
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Conference Board predicts economic growth to slow to near standstill until spring
OTTAWA — A new economic outlook by the Conference Board of Canada says a recession is possible, but the underlying conditions are working in the economy's favour.
Oct 18, 2022 9:20 AM
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