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Twitter sues to force Musk to complete his $44B acquisition
SAN FRANCISCO — Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company.
Jul 12, 2022 6:03 PM
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S&P/TSX composite closes at 15-month low as crude oil drops on recession fears
Canada's main stock index fell to its lowest close in more than 15 months as crude oil prices slumped on renewed COVID-19 lockdowns in China and growing concerns that central bank responses to hot inflation numbers will prompt a recession
Jul 12, 2022 5:04 PM
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US stocks slide as earnings reports for companies begin
NEW YORK — Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and company earnings reports. The S&P 500 fell 0.9%, extending its losing streak to a third consecutive day.
Jul 12, 2022 4:37 PM
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Irving Oil invests in hydrogen to lower emissions, offer clean energy to customers
Irving Oil is expanding hydrogen capacity at its Saint John, N.B., refinery in a bid to lower carbon emissions and offer clean energy to customers. The family-owned company said Tuesday it has a deal with New York-based Plug Power Inc.
Jul 12, 2022 12:12 PM
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Capital Power and Manulife Investment Management buying Midland Cogen
EDMONTON — Capital Power Corp. and Manulife Investment Management have signed a deal to buy MCV Holding Co., which owns Midland Cogeneration Venture, for US$894 million, including the assumption of US$521 million of project level debt.
Jul 12, 2022 11:08 AM
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Conference Board cuts economic growth forecast for 2022 and 2023
OTTAWA — The Conference Board of Canada is cutting its estimate for economic growth for this year and next as central banks around the world hike interest rates in an effort to deal with soaring inflation.
Jul 12, 2022 10:24 AM
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Start talking to your kids about money at an early age, experts say
Money is still considered by many to be a taboo topic or private matter, which is why many people avoid sparking up conversations about their personal finances with friends, colleagues and even family.
Jul 12, 2022 10:00 AM
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Ukraine gets $1.7B in fresh aid to pay health care workers
WASHINGTON (AP) — Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank to pay the salaries of its beleaguered health care workers and provide other essential services.
Jul 12, 2022 9:18 AM
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Air Canada and Emirates sign strategic partnership, plan code-share deal
MONTREAL — Air Canada and Emirates have signed a strategic partnership agreement and plan to establish a code-share relationship later this year. The airlines say the deal will create more options for customers when travelling on their networks.
Jul 12, 2022 8:53 AM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,816.80, down 206.06 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 28 cents, or 1.2 per cent, to $22.48 on 8.
Jul 11, 2022 5:39 PM
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