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Metallica, Mariah Carey headline Global Citizen NYC concert

Metallica, Mariah Carey headline Global Citizen NYC concert

NEW YORK (AP) — Metallica, Mariah Carey and The Jonas Brothers will headline a free concert in New York’s Central Park next month marking the 10th anniversary of the Global Citizen Festival organized by the international nonprofit fighting extreme po
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Indigo reports $25.4M loss in Q2; results reflect the end of COVID support programs

Indigo reports $25.4M loss in Q2; results reflect the end of COVID support programs

TORONTO — Indigo Books and Music Inc. says it lost $25.4 million in the 13-week period ended July 2 in spite of double-digit sales growth in both its print and general merchandise categories.
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Stelco reports earnings growth in Q2, but warns lower prices will affect rest of year

Stelco reports earnings growth in Q2, but warns lower prices will affect rest of year

HAMILTON — Stelco Holdings Inc. says its year-over-year earnings increased 53 per cent in the second quarter of 2022 to $554 million, or $7.67 per diluted share.
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Manulife reports $1.6B drop in Q2 earnings on market impacts

Manulife reports $1.6B drop in Q2 earnings on market impacts

TORONTO — Manulife Financial Corp. says it saw a $1.6-billion drop in earnings in the second quarter compared with a year earlier as market turmoil hit its bottom line. The insurance giant says it had net income of $1.
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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 (19,885.94, up 307.64 points.) Barrick Gold Corp. (TSX:ABX). Materials. Down six cents, or 0.28 per cent, to $21.10 on 14.
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North American markets surge as new data shows inflation may have already peaked

North American markets surge as new data shows inflation may have already peaked

Canada's main stock index made triple-digit gains Wednesday while U.S. markets also surged on the release of new data suggesting U.S. inflation may have finally peaked. The latest Consumer Price Index report from the U.S.
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Complaints backlog mounts as airline regulator faces staff shortage

Complaints backlog mounts as airline regulator faces staff shortage

MONTREAL — Canada's transport regulator says its backlog of air passenger complaints is growing as a staff shortage comes up against a summer of airport chaos — itself due in part to labour shortages.
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OCS to resume cannabis deliveries after cyberattack on logistics partner

OCS to resume cannabis deliveries after cyberattack on logistics partner

TORONTO — The Ontario Cannabis Store says its distribution centre is resuming some service after a cyberattack on one of its logistics partners caused the provincial pot wholesaler to halt deliveries this week.
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Linamar reports sales up on market share, pricing, while income dips to $105M

Linamar reports sales up on market share, pricing, while income dips to $105M

GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
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CAE Inc. lowers forecast as profits plunge, but backlog grows

CAE Inc. lowers forecast as profits plunge, but backlog grows

MONTREAL — CAE Inc. reined in its earnings forecast for the year after reporting a 96 per cent year-over-year profit decrease last quarter due to supply chain problems and writedowns on a pair of pricey defence projects.
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