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Search continues for British tech magnate and 5 others after luxury superyacht sinks off Sicily

Search continues for British tech magnate and 5 others after luxury superyacht sinks off Sicily

PORTICELLO, Sicily (AP) — British tech magnate Mike Lynch and five other people were missing after their luxury superyacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said.
Stock market today: Wall Street tacks on some more gains following its best week of the year

Stock market today: Wall Street tacks on some more gains following its best week of the year

NEW YORK (AP) — Stocks closed higher, tacking on some more gains following Wall Street’s best week of the year. The S&P 500 rose 1% Monday, coming within 1.1% of the all-time high it reached last month. The Dow Jones Industrial Average rose 0.
Montreal water main showed corrosion in years before break, official says

Montreal water main showed corrosion in years before break, official says

MONTREAL — Montreal city officials knew the major water main that burst last week and flooded a neighbourhood was showing signs of damage, but they thought there was still time before it needed to be repaired, the head of the city's water service sai
GM lays off 'small percentage' of Canadian workers amid software job cuts

GM lays off 'small percentage' of Canadian workers amid software job cuts

General Motors says it is laying off some workers in sa¹ú¼Ê´«Ã½ as part of a wider reduction in staff affecting more than 1,000 salaried employees worldwide.
A look at recent major railway strikes at CN Rail and CPKC

A look at recent major railway strikes at CN Rail and CPKC

sa¹ú¼Ê´«Ã½ has an active history of rail strikes dating back to at least the early 20th century. Here are some of the most recent job actions at the country's two main freight railways, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.
Circle K owner makes a play for global convenience store giant 7-Eleven

Circle K owner makes a play for global convenience store giant 7-Eleven

A dominating convenience store chain could land in Canadian hands after the owner of Circle K offered to buy one of the sector's biggest players, laying the groundwork to potentially unite them in a mammoth global retail business.
July flash floods in Toronto, southern Ontario caused over $940M in insured damage

July flash floods in Toronto, southern Ontario caused over $940M in insured damage

TORONTO — Initial estimates put the total insured damage caused by flash flooding in Toronto and other parts of southern Ontario in July at more than $940 million.
US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions

Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
Statistics sa¹ú¼Ê´«Ã½ says median family after-tax income in 2022 down after inflation

Statistics sa¹ú¼Ê´«Ã½ says median family after-tax income in 2022 down after inflation

OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says the median family after-tax income in 2022 fell compared with 2021, after adjusted for inflation, with young people being the hardest hit.
Too many people, not enough management: A look at the chaos of 'overtourism' in the summer of 2024

Too many people, not enough management: A look at the chaos of 'overtourism' in the summer of 2024

SINTRA, Portugal (AP) — The doorbell to Martinho de Almada Pimentel’s house is hard to find, and he likes it that way.