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Stocks slip on Wall Street, erasing weekly gains for S&P 500

Stocks slip on Wall Street, erasing weekly gains for S&P 500

NEW YORK — Stocks closed lower on Wall Street, led by drops in big technology companies and erasing the S&P 500′s gains for the week. The S&P 500 fell 0.7% Wednesday, while the Dow Jones Industrial Average and the Nasdaq also fell.
Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the way they distributed opioids to custome
Companies announce investment in major Alaska oil project

Companies announce investment in major Alaska oil project

ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope.
CDPQ reports 7.9 per cent loss for first six months of 2022

CDPQ reports 7.9 per cent loss for first six months of 2022

MONTREAL — The Caisse de dépôt et placement du Québec reported a loss of 7.9 per cent for the first six months of this year.
The return of Zellers: Hudson's Bay to resurrect Canadian discount retail chain

The return of Zellers: Hudson's Bay to resurrect Canadian discount retail chain

Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations., brand owner Hudson’s Bay Co. said Wednesday.
US retail sales were flat in July as inflation takes a toll

US retail sales were flat in July as inflation takes a toll

WASHINGTON (AP) — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously. Retail purchases were flat after having risen 0.
Keyera and Canadian National Railway to evaluate Alberta terminal project

Keyera and Canadian National Railway to evaluate Alberta terminal project

CALGARY — Keyera Corp. and Canadian National Railway Co. have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.
Increased loneliness, isolation a side effect of inflation for Canadian seniors

Increased loneliness, isolation a side effect of inflation for Canadian seniors

CALGARY — With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.
Western states hit with more cuts to Colorado River water

Western states hit with more cuts to Colorado River water

SALT LAKE CITY (AP) — For the second year in a row, Arizona and Nevada will face cuts in the amount of water they can draw from the Colorado River as the West endures more drought, federal officials announced Tuesday.
Canadian North says fuel shortages affecting flights at airports in High Arctic

Canadian North says fuel shortages affecting flights at airports in High Arctic

NUNAVUT — Canadian North says fuel shortages at several airports in the High Arctic are affecting the amount of passengers and cargo it can carry on some flights.