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Powerball ticket sold in California snags record $2.04B win

Powerball ticket sold in California snags record $2.04B win

LOS ANGELES (AP) — Someone who bought a Powerball ticket in Southern California has won a record $2.04 billion Powerball jackpot after more than three months without anyone hitting the top prize.
Intact Financial reports net income of $370M

Intact Financial reports net income of $370M

TORONTO — Intact Financial Corp. says it saw a 23 per cent rise in net income despite "active weather" and ongoing cost pressures in the quarter. The insurance company says it had a profit of $370 million for the quarter ending Sept.
EU's Call of Duty: Probe Microsoft-Activision Blizzard deal

EU's Call of Duty: Probe Microsoft-Activision Blizzard deal

BRUSSELS (AP) — The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard, fearing the $69 billion deal would distort fair competition to popular titles like Call of Duty .
US Judge lays out case for blocking publishing giants merger

US Judge lays out case for blocking publishing giants merger

WASHINGTON (AP) — A federal judge has laid out a data-laden case for why she blocked Penguin Random House’s proposed purchase of Simon & Schuster , handing a victory to the Biden Justice Department in its contention that combining two of the worl
McKenna-led UN group calls for regulation, end to greenwashing in net-zero pledges

McKenna-led UN group calls for regulation, end to greenwashing in net-zero pledges

TORONTO — Vague promises by banks and businesses to reach net-zero emissions decades in the future risk undermining action needed now, sa¹ú¼Ê´«Ã½'s former environment minister told a UN climate conference Tuesday.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,660.31, up 114.40 points): Enbridge Inc. (TSX:ENB). Energy. Up eight cents, or 0.15 per cent, to $53.91 on 15.7 million shares.
S&P/TSX composite up more than 100 points, U.S. markets also up

S&P/TSX composite up more than 100 points, U.S. markets also up

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index was up more than 100 points Tuesday, buoyed by strength in base metals and utilities, while U.S. markets were also up. The S&P/TSX composite index was up 114.40 points at 19,660.31.
Empire Co. tight-lipped as IT problems affect pharmacies at Sobeys and other stores

Empire Co. tight-lipped as IT problems affect pharmacies at Sobeys and other stores

HALIFAX — Empire Co. Ltd. remained tight-lipped Tuesday about computer system issues that are still impeding customers seeking prescriptions at some pharmacies it operates.
Wall Street rises ahead of election results, inflation data

Wall Street rises ahead of election results, inflation data

NEW YORK (AP) — Election Day brought another tick higher for stocks, as Wall Street braces for the results from the day’s midterm elections and a big update on inflation that’s due later in the week. The S&P 500 rose 0.
Taxing corporate share buybacks unlikely to boost investment in operations: experts

Taxing corporate share buybacks unlikely to boost investment in operations: experts

OTTAWA — The federal government’s proposed corporate share buyback tax might resonate politically, but experts are doubtful it will encourage companies to invest more into growing their operations.