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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Grocer Metro Inc. reports second quarter results on Wednesday.
Thousands overwhelm New York's Union Square for streamer giveaway, tossing chairs and pounding cars

Thousands overwhelm New York's Union Square for streamer giveaway, tossing chairs and pounding cars

NEW YORK (AP) — A crowd of thousands that packed Manhattan's Union Square for a popular livestreamer's hyped giveaway got out of hand Friday afternoon, with some clambering on vehicles, hurling chairs and throwing punches, leaving police struggling t
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,236.04, up 115.30): Enbridge Inc. (TSX:ENB). Energy. Up one cent, or 0.02 per cent, to $48.08 on 10.3 million shares.
S&P/TSX composite index up more than 100 points, U.S. markets fall

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

TORONTO — Canada's main stock market rose more than 100 points to close out the week, driven by utilities, energy and financial stocks, while U.S. markets edged lower. The S&P/TSX composite index closed up 115.30 points at 20,236.04.
Stock market today: Wall Street slips following mixed reports on US job market, Big Tech earnings

Stock market today: Wall Street slips following mixed reports on US job market, Big Tech earnings

NEW YORK (AP) — Stocks closed lower following mixed reports about the U.S. job market and profits at two of Wall Street’s most influential stocks. The S&P 500 fell 0.5% Friday, its fourth straight loss.
Telus announces 6,000 job cuts, reports 61% drop in Q2 net income

Telus announces 6,000 job cuts, reports 61% drop in Q2 net income

Telus Corp. announced Friday it is cutting 6,000 jobs as it seeks to adapt to a "rapidly transforming industry," saying issues such as regulation and competition have prompted the need to reduce its payroll.
Signs of economic softening grow as job creation lags population growth

Signs of economic softening grow as job creation lags population growth

OTTAWA — Canada's labour market is softening as the unemployment rate rises for a third consecutive month, offering some evidence the economy is finally slowing down.
Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession

Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession

WASHINGTON (AP) — The job market has cooled over the summer. But it’s still strong enough to defy predictions that higher interest rates would tip the United States into recession. U.S. employers added 187,000 jobs last month, fewer than expected.
Enbridge sees $1.8 billion profit in Q2 as Mainline pipeline settlement reached

Enbridge sees $1.8 billion profit in Q2 as Mainline pipeline settlement reached

CALGARY — Enbridge Inc. says its most recent quarter delivered a profit of $1.8 billion as it reached a settlement with shippers for tolls on its Mainline pipeline system and moved toward proceeding with its Rio Bravo pipeline project.
Power utility TransAlta reports $62 million profit in Q2

Power utility TransAlta reports $62 million profit in Q2

CALGARY — TransAlta Corp. reported a profit of $62 million in its latest quarter compared with a loss of $80 million in the same quarter last year.
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