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US economic growth last quarter is revised up sharply to a 2% annual rate

US economic growth last quarter is revised up sharply to a 2% annual rate

WASHINGTON (AP) — Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years.
Do your math before using credit card loyalty points toward mortgages

Do your math before using credit card loyalty points toward mortgages

TORONTO — Canadians looking for a little extra help on mortgage payments may be surprised to learn about one possibility: loyalty points.
3 charged in insider trading case related to taking Trump media firm public, accused of making $22M

3 charged in insider trading case related to taking Trump media firm public, accused of making $22M

NEW YORK (AP) — Three Florida men were arrested Thursday and charged with illegally making more than $22 million by insider trading ahead of the public announcement that an acquisition firm was going to take a media company owned by former President
Cannabis company TerrAscend to list on TSX under TSND ticker in early July

Cannabis company TerrAscend to list on TSX under TSND ticker in early July

TORONTO — TerrAscend Corp. says it will be listed on the Toronto Stock Exchange next week. The Toronto-based cannabis company says its common shares will begin trading on the exchange under the TSND ticker on July 4.
Cannabis company Canopy Growth sells California facility, changes auditors

Cannabis company Canopy Growth sells California facility, changes auditors

SMITHS FALLS, Ont. — Canopy Growth Corp. says it has completed the sale of its facility in Modesto, Calif. The cannabis company is selling some of its facilities as part of an organizational transformation announced last year to help cut spending.
Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims

Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims

Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks. U.S.
Corus Entertainment reports Q3 loss, revenue down from year ago

Corus Entertainment reports Q3 loss, revenue down from year ago

TORONTO — Corus Entertainment Inc. reported a loss in its latest quarter compared with a profit a year ago as it took a non-cash impairment charge related to goodwill, broadcast licences as well as trademark and brand assets totalling $590.0 million.
Jury says health clinic in Montana Superfund town submitted 337 false asbestos claims

Jury says health clinic in Montana Superfund town submitted 337 false asbestos claims

MISSOULA, Mont.
World entering 'period of uncertainty' as AI makes advances: Hinton

World entering 'period of uncertainty' as AI makes advances: Hinton

TORONTO — The so-called 'godfather of artificial intelligence' said the world is entering a period of huge uncertainty as the technology he pioneered gets even smarter, more ubiquitous and in need of people working to counter its risks.
BlackBerry Ltd. reports US$11 million loss in first quarter as revenue rises

BlackBerry Ltd. reports US$11 million loss in first quarter as revenue rises

WATERLOO, ONT. — BlackBerry Ltd. reported losses of US$11 million in its latest quarter, up 93 per cent from a loss of US$181 million a year earlier. The Waterloo, Ont.-based company, which reports in U.S.