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Stock market today: Wall Street rebounds following its slide as Big Tech takes the reins again

Stock market today: Wall Street rebounds following its slide as Big Tech takes the reins again

NEW YORK (AP) — Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall Street. The S&P 500 rose 0.7% Thursday.
Loblaw launching No Name Mobile cellphone plans at all No Frills stores

Loblaw launching No Name Mobile cellphone plans at all No Frills stores

Loblaw Cos. Ltd. is launching low-cost cellphone plans under its No Name brand, offering prepaid mobile sim cards for purchase at all No Frills locations across the country within the coming weeks.
RBC faces questions on climate, Indigenous rights at annual general meeting

RBC faces questions on climate, Indigenous rights at annual general meeting

TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank's climate and Indigenous rights track record at its annual general meeting Thursday.
B.C. seeks to regulate electricity for cryptocurrency miners, citing huge demands

B.C. seeks to regulate electricity for cryptocurrency miners, citing huge demands

VICTORIA — British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners.
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool it.
Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast

Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast

WASHINGTON (AP) — In a move that environmentalists called a betrayal, the Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States.
Postmedia reports $20.1M loss in Q2, revenue down 13 per cent from year ago

Postmedia reports $20.1M loss in Q2, revenue down 13 per cent from year ago

TORONTO — Postmedia Network Canada Corp. reported a net loss of $20.1 million in its latest quarter compared with a loss of $20.8 million a year earlier as its revenue fell 13 per cent.
Auto parts maker Magna International signs strategic partnership with Sanctuary AI

Auto parts maker Magna International signs strategic partnership with Sanctuary AI

VANCOUVER — Magna International Inc. has signed a strategic partnership with Sanctuary AI for the development of general purpose AI robots for use in the company's manufacturing operations.
As world's central banks wrestle with when to cut rates, Europe signals it's ready to move

As world's central banks wrestle with when to cut rates, Europe signals it's ready to move

FRANKFURT, Germany (AP) — The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S.
'The root cause of my debt': Sales are tempting. How to avoid falling for offers

'The root cause of my debt': Sales are tempting. How to avoid falling for offers

TORONTO — The drawers were overflowing with skin care products and makeup — three different blushes, many eyeshadows, a dozen different mascaras, foundation and serum samples sitting unused for years.