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TSX closed lower despite positive bank earnings
The TSX slid to a slight loss Thursday as positive news on bank earnings failed to offset a small retreat in crude oil prices, which fell after briefly popping above US$50 a barrel.
Posted on 5-26-2016 at 8:00 PM
Airbnb says new Quebec law won't be only model regulating home-sharing service
Quebec may be the first Canadian jurisdiction to regulate home-sharing services but the new provincial law won't become the only model guiding the evolution of Airbnb, says a senior company executive.
Posted on 5-26-2016 at 10:52 AM
U.S. pending home sales surge to highest level since early 2006
Contracts to buy previously owned U.S. homes surged far more than expected in April to the highest level in more than a decade, another sign the economy has gained steam during the second quarter.
Posted on 5-26-2016 at 10:16 AM
U.S. jobless claims fall more than expected last week
The number of Americans filing for unemployment benefits fell more than expected last week, moving back to near cycle lows as the labour markets remain healthy and the economy regains momentum after stumbling in the first quarter.
Posted on 5-26-2016 at 9:51 AM
New B.C. oil discovery takes province's crude output to a nine-year high
In Premier Christy Clark's vision of British Columbia's economic future, natural gas is the headliner as the province gears up to export billions of tonnes of liquefied natural gas from proposed West Coast projects.
Posted on 5-26-2016 at 9:46 AM
Suncor pushing for full operations by end of June: report
Suncor Energy Inc is pushing to reach full operations at its oil sands projects in the fire-stricken Canadian province of Alberta before July 1, according to several company employees.
Posted on 5-26-2016 at 9:32 AM
Trudeau touts trade to G7 leaders, warns of protectionism
Justin Trudeau talked up trade and warned of creeping protectionism Thursday as he met powerful world leaders in a G7 setting for the first time.
Posted on 5-26-2016 at 8:45 AM
Oil dips after hitting $50/bbl as glut worries resurface
Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut.
Posted on 5-26-2016 at 11:45 AM

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