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S&P/TSX composite down Wednesday as energy stocks fall, U.S. stocks mixed

S&P/TSX composite down Wednesday as energy stocks fall, U.S. stocks mixed

TORONTO — Canada's main stock index was dragged lower Wednesday by losses in energy stocks, while U.S. stock markets were mixed.
Thomson Reuters scores early win in AI copyright battles in the US

Thomson Reuters scores early win in AI copyright battles in the US

LOS ANGELES (AP) — Thomson Reuters has won an early battle in court over the question of fair use in artificial intelligence-related copyright cases.
Stock market today: Wall Street falls after inflation worsens

Stock market today: Wall Street falls after inflation worsens

NEW YORK (AP) — U.S. stocks fell after a report said inflation is unexpectedly worsening for Americans. The S&P 500 dropped 0.3% Wednesday, though it had been on track for a much worse loss of 1.1% at the start of trading.
US inflation got worse with rising groceries and gasoline prices

US inflation got worse with rising groceries and gasoline prices

WASHINGTON (AP) — U.S.
Brookfield Asset Management eyes AI investments as infrastructure demand soars

Brookfield Asset Management eyes AI investments as infrastructure demand soars

TORONTO — Artificial intelligence brings massive demand for power and infrastructure and Brookfield Asset Management Ltd. says it is creating big opportunities for companies with the scale to take them on.
January rate cut came as Bank of Canada weighed U.S. tariff threat

January rate cut came as Bank of Canada weighed U.S. tariff threat

OTTAWA — The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, weighed heavily on the Bank of Canada’s governing council when it decided to cut interest rates last month.
Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

TORONTO — The president of Tim Hortons' Canadian and U.S.
Mississauga food bank system lays off staff, cuts programs to preserve food resources

Mississauga food bank system lays off staff, cuts programs to preserve food resources

MISSISSAUGA, Ont. — The food bank system in one of Ontario's largest cities says it's been forced to lay off staff and cut programs in order to keep feeding the growing number of residents who rely on food donations.
Barrick Gold reports US$2.14B profit for 2024, up from US$1.27B in 2023

Barrick Gold reports US$2.14B profit for 2024, up from US$1.27B in 2023

TORONTO — Barrick Gold Corp. says it earned US$2.14 billion in 2024, up from $1.27 billion a year earlier, helped by higher gold and copper prices. The gold miner, which keeps its books in U.S. dollars, says the profit amounted to US$1.
Local news can help battle disinformation, report finds. But outlets are struggling

Local news can help battle disinformation, report finds. But outlets are struggling

TORONTO — A new report that surveyed residents of small towns across Canada says a lack of local news outlets weakens community ties and affects people's understanding of how government, schools and hospitals function.