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S&P/TSX composite slips in another volatile day of trading; U.S. markets mixed

S&P/TSX composite slips in another volatile day of trading; U.S. markets mixed

TORONTO — North American stock markets continued to gyrate Thursday in the aftermath of central bank plans to start raising interest rates in the coming weeks. Markets received a morning boost after a report that the U.S.
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Nova Scotia Power seeks 10 per cent rate hike and system to defer green energy costs

Nova Scotia Power seeks 10 per cent rate hike and system to defer green energy costs

HALIFAX — Nova Scotia's power utility is asking for an average general rate increase for residential customers of 9.9 per cent over three years, with possible additional costs due to severe weather and energy efficiency costs.
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Uber Canada signs deal with union offering workers dispute representation

Uber Canada signs deal with union offering workers dispute representation

TORONTO — Uber Technologies Inc. has signed an agreement with a private sector union that will provide representation to Canadian drivers and couriers, but does not unionize workers.
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EU regulator recommends Pfizer's COVID pill be authorized

EU regulator recommends Pfizer's COVID pill be authorized

AMSTERDAM (AP) — The European Medicines Agency has recommended that Pfizer's coronavirus antiviral drug be authorized for use in the 27-nation European Union, the first time the agency has recommended a pill for treating COVID-19.
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'Micro weddings' give couples the chance to splurge on what matters to them

'Micro weddings' give couples the chance to splurge on what matters to them

CALGARY — Eryn and Chris Lucas didn't set out to have a small wedding. The Toronto couple had been planning and budgeting for the wedding of their dreams, with 120 invited guests, when the COVID-19 pandemic derailed their plans.
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US economy grew 5.7% in 2021 in rebound from 2020 recession

US economy grew 5.7% in 2021 in rebound from 2020 recession

WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession.
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US weekly jobless claims fall for the first time in a month

US weekly jobless claims fall for the first time in a month

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week following three straight increases amid a surge in cases of the omicron variant of COVID-19.
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Rogers Communications Q4 profit down from a year ago, revenue up

Rogers Communications Q4 profit down from a year ago, revenue up

TORONTO — Rogers Communications Inc. reported a fourth-quarter profit of $405 million, down from $449 million in the same quarter last year, while revenue rose.
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Global stocks sink after Fed says US rates will rise 'soon'

Global stocks sink after Fed says US rates will rise 'soon'

BEIJING (AP) — Global stock markets and Wall Street futures sank Thursday after the Federal Reserve indicated it will raise interest rates soon to cool inflation. London and Frankfurt opened lower.
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Asian stocks slump after Fed says US rates will rise 'soon'

Asian stocks slump after Fed says US rates will rise 'soon'

BEIJING (AP) — Asian stock markets tumbled by unusually wide margins Thursday after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation. Market benchmarks in Tokyo and Hong Kong fell by more than 2%.
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