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Postmedia's merger talks with Toronto Star owner a 'Hail Mary pass': expert

Postmedia's merger talks with Toronto Star owner a 'Hail Mary pass': expert

TORONTO — A potential merger between sa¹ú¼Ê´«Ã½'s two largest newspaper chains could mark the next step in the decimation of Canadian news, which has seen dwindling jobs and widening coverage gaps, say those who study the industry.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,818.85, up 85.76): Toronto-Dominion Bank. (TSX:TD). Finance. Up 45 cents, or 0.56 per cent, to $80.50 on 12.4 million shares.
Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.
Unifor serves bargaining notice to Detroit Three

Unifor serves bargaining notice to Detroit Three

TORONTO — Unifor says it has kicked off the bargaining process with the Detroit Three automakers on the next collective agreements for about 18,000 workers.
Stock market today: Wall Street drifts to a mixed close

Stock market today: Wall Street drifts to a mixed close

NEW YORK (AP) — Wall Street drifted to a mixed close on Wednesday. The S&P 500 fell less than 0.1%, but held on to a gain for the week. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.3%.
Alimentation Couche-Tard reports rising profits as acquisition push continues

Alimentation Couche-Tard reports rising profits as acquisition push continues

MONTREAL — Convenience store giant Alimentation Couche-Tard Inc. said its profits rose in the fourth quarter as consumers travelled more and it continued to expand its global network. The Laval, Que.
Canadians to save at the pump this long weekend compared to a year ago

Canadians to save at the pump this long weekend compared to a year ago

CALGARY — Canadians heading out on the road for the July 1 long weekend are going to find filling up at the pumps much less shock-inducing than it was a year ago. The national average gasoline price hit an all-time high — surpassing $2.
Top central bankers assert need for higher interest rates to tackle persistent inflation

Top central bankers assert need for higher interest rates to tackle persistent inflation

FRANKFURT, Germany (AP) — Leading global central bankers asserted Wednesday that they are not backing off their steep interest rate increases, pointing to inflation being more persistent than expected but still downplaying fears of recession from the
What you need to know about the potential Postmedia-Nordstar merger

What you need to know about the potential Postmedia-Nordstar merger

TORONTO — What’s happening with Postmedia and Nordstar? Postmedia Network sa¹ú¼Ê´«Ã½ Corp. and Nordstar Capital LP are in talks about a potential merger.
Indigo posts loss after latest quarter 'heavily impacted' by ransomware attack

Indigo posts loss after latest quarter 'heavily impacted' by ransomware attack

Canadian retailer Indigo Books and Music Inc. said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup.