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Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

LONDON (AP) — Europeans again saw some relief as inflation dropped more than expected to 2.
As ChatGPT marks one-year anniversary, here's how Canadian companies are using AI

As ChatGPT marks one-year anniversary, here's how Canadian companies are using AI

When OpenAI released ChatGPT one year ago, it instantly dazzled the world's tech community and beyond. The artificial intelligence-based chatbot could turn simple prompts from users into reams of text, including essays and speeches, within moments.
Indiana judge dismisses state's lawsuit against TikTok that alleged child safety, privacy concerns

Indiana judge dismisses state's lawsuit against TikTok that alleged child safety, privacy concerns

INDIANAPOLIS (AP) — An Indiana county judge on Wednesday dismissed a lawsuit filed by the state accusing TikTok of deceiving its users about the level of inappropriate content for children on its platform and the security of its consumers' personal i
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 (20,116.20, up 79.43 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.44, or 1.62 per cent, to $90.18 on 12.
Mandatory CanCon contribution could prompt investment cuts, Spotify tells CRTC

Mandatory CanCon contribution could prompt investment cuts, Spotify tells CRTC

Audio streaming platform Spotify says that requiring it to make a contribution aimed at supporting Canadian content could force the company to cut its existing investments in order to maintain its financial viability.
'First of its kind': Dow invests $9 billion on Alberta net-zero petrochemical project

'First of its kind': Dow invests $9 billion on Alberta net-zero petrochemical project

FORT SASKATCHEWAN, Alta. — Dow Chemical has announced plans to invest nearly $9 billion in a net-zero petrochemical project northeast of Edmonton.
S&P/TSX composite led higher by financial stocks Wednesday, U.S. markets mixed

S&P/TSX composite led higher by financial stocks Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index posted a small gain Wednesday, led higher by financials and battery metals, while U.S. markets were mixed. The S&P/TSX composite index closed up 79.43 points at 20,116.20.
Canadian oil and gas execs look to talk up emissions reduction plans at COP28 summit

Canadian oil and gas execs look to talk up emissions reduction plans at COP28 summit

CALGARY — Executives and senior leaders from Canada's oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing what they can to reduce greenhouse gas emissions.
Stock market today: Wall Street drifts to a mixed close, weighed down by Big Tech

Stock market today: Wall Street drifts to a mixed close, weighed down by Big Tech

NEW YORK — Stocks drifted to a mixed close on Wall Street as drops in several Big Tech companies offset gains in other parts of the market. The S&P 500 gave up an early gain and closed down 0.1% Wednesday. The Nasdaq composite fell 0.
Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

TORONTO — Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages, according to estimates from the Canadian Federation of Independent Business.