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Fed faults Silicon Valley Bank execs, itself in bank failure
WASHINGTON (AP) — The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and said the industry needs stricter policing on multiple fronts to prevent
Apr 28, 2023 4:06 PM
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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 (20,636.54, up 113.90): TC Energy Corp. (TSX:TRP). Energy. Up $1.18, or 2.14 per cent, to $56.31 on 11.6 million shares.
Apr 28, 2023 3:00 PM
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S&P/TSX composite gains more than 100 points Friday, U.S. markets also rise
TORONTO — Canada's main stock index gained more than 100 points Friday on strength in the energy sector, while U.S. indexes also rose to cap off a volatile week in North American markets. The S&P/TSX composite index was up 113.
Apr 28, 2023 2:35 PM
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Champagne vows to take action if telecoms don't reach deal for TTC cell service
Canada's industry minister vowed to step in if Canada's major telecom providers don't reach an agreement to ensure wireless service is available for all riders on Toronto's subway system.
Apr 28, 2023 2:32 PM
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Stock market today: Wall Street rises to cap a winning April
NEW YORK (AP) — Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48.
Apr 28, 2023 2:26 PM
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Ritual to add consumer fee to orders placed on platform starting May 1
TORONTO — Ritual is going to begin charging consumers a fee for every order they place on the food pickup platform. The Toronto-based technology company says users will be charged between 15 and 99 cents for orders under $30 and $1.
Apr 28, 2023 2:24 PM
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Imperial targeting mid-to-late decade for its Cold Lake carbon capture project
CALGARY — Imperial Oil Ltd.
Apr 28, 2023 1:26 PM
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After economy posts strong start to 2023, new data suggests slowdown has begun
OTTAWA — The Canadian economy's strong bounce back at the start of the year appears to have been short-lived, as new data suggests growth is on a downward trajectory. Statistics Canada said Friday that the economy grew by 0.1 per cent in February.
Apr 28, 2023 12:58 PM
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Federal government posts $3.1B surplus for first 11 months of 2022-23 fiscal year
OTTAWA — The federal government posted a budgetary surplus of $3.1 billion between April 2022 and February 2023. In its monthly fiscal monitor, the Finance Department says the result compared to a deficit of $69.
Apr 28, 2023 12:55 PM
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EPA allows gasoline with higher ethanol blend during summer
DES MOINES, Iowa (AP) — Fuel stations throughout the country will be able to sell gasoline blended with 15% ethanol during the summer under an emergency waiver issued Friday by the Environmental Protection Agency in a move that could reduce prices at
Apr 28, 2023 12:24 PM
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