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S&P/TSX composite index closes lower, U.S. stock markets also fall

S&P/TSX composite index closes lower, U.S. stock markets also fall

TORONTO — Canada's main stock index closed lower Monday in a broad retreat that outweighed gains in energy stocks, while U.S. stock markets also fell on a weakened outlook for interest rate cuts.
Stock market today: Wall Street slides as Treasury yields climb back above 4%

Stock market today: Wall Street slides as Treasury yields climb back above 4%

NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
Ticketmaster changes Taylor Swift ticket transfer rules amid recent cyber thefts

Ticketmaster changes Taylor Swift ticket transfer rules amid recent cyber thefts

TORONTO — Ticketmaster is enforcing new rules around how fans transfer Taylor Swift tickets amid a surge in reported scams.
Supreme Court rejects appeal from ‘Pharma Bro’ Martin Shkreli

Supreme Court rejects appeal from ‘Pharma Bro’ Martin Shkreli

WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal from Martin Shkreli, who was once dubbed “Pharma Bro” after jacking up the price of a lifesaving drug. Shkreli appealed an order to return $64.
N.B. election promise tracker: HST cuts, community care clinics, rent caps

N.B. election promise tracker: HST cuts, community care clinics, rent caps

Voters in New Brunswick are scheduled to go to the polls on Oct. 21. Here's a look at some of the promises announced by the three major parties: Progressive Conservatives: — Cut the harmonized sales tax by two points, from 15 per cent to 13 per cent.
Doctors warned to consider scurvy among patients hit hard by high food costs

Doctors warned to consider scurvy among patients hit hard by high food costs

TORONTO — Canadian doctors are being told to consider scurvy when assessing patients at risk of poor nutrition and food insecurity.
Canadian Natural Resources buying Chevron's Alberta assets for US$6.5B

Canadian Natural Resources buying Chevron's Alberta assets for US$6.5B

CALGARY — Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion.
Hudbay Minerals settles civil lawsuits regarding former operations in Guatemala

Hudbay Minerals settles civil lawsuits regarding former operations in Guatemala

TORONTO — Hudbay Minerals Inc. has reached settlement agreements covering three civil lawsuits in connection with the Fenix nickel project in Guatemala that the company sold in 2011.
Mergers and acquisitions to pick up in 2025 as conditions ease: KPMG

Mergers and acquisitions to pick up in 2025 as conditions ease: KPMG

TORONTO — KPMG says nine in 10 Canadian CEOs are considering making an acquisition within the next three years to help boost their company's growth.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Investment conference Principles for Responsible Investment will hold its annual PRI In Person annual conference in Toronto this week.