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S&P/TSX composite ticks higher Wednesday, U.S. stock markets mixed

S&P/TSX composite ticks higher Wednesday, U.S. stock markets mixed

TORONTO — Strength in energy and base metal stocks helped lift Canada's main stock index on Wednesday, while U.S. stock markets were mixed but held relatively steady.
BC Hydro wants more clean power to help meet demand, clean energy targets

BC Hydro wants more clean power to help meet demand, clean energy targets

VICTORIA — BC Hydro is looking for more clean power to add to its grids as electricity demands are expected to increase by 15 per cent in the next six years.
Lightspeed Commerce cutting 280 jobs as it focuses on profitable growth

Lightspeed Commerce cutting 280 jobs as it focuses on profitable growth

MONTREAL — Lightspeed Commerce Inc. is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based technology company.
Stock market today: Wall Street edges higher following its worst day in weeks

Stock market today: Wall Street edges higher following its worst day in weeks

NEW YORK (AP) — Stocks closed mostly higher, as Wall Street steadied itself following its worst day in weeks. The S&P 500 rose 0.1% Wednesday, clawing back a bit of its loss from the prior day. The Dow Jones Industrial Average slipped 0.
Amid opposition, Northvolt forging ahead to open Quebec battery factory by 2026

Amid opposition, Northvolt forging ahead to open Quebec battery factory by 2026

MONTREAL — Swedish manufacturer Northvolt says it's forging ahead with plans to open an electrial vehicle battery megaplant near Montreal by 2026, despite a tight timeline and opposition from environmental groups.
BlackBerry CEO sexually harassed senior employee, lawsuit claims

BlackBerry CEO sexually harassed senior employee, lawsuit claims

A former BlackBerry Ltd. employee has filed a lawsuit against the company and its new chief executive John Giamatteo, who she claims sexually harassed her and then retaliated against her after she reported the behaviour.
WSP Global shares fall after short seller releases critical report

WSP Global shares fall after short seller releases critical report

MONTREAL — Shares of WSP Global Inc. fell in trading Wednesday after a prominent U.S. short-seller took aim at the engineering firm.
Disney shareholders back CEO Iger, rebuff activist shareholders who wanted to shake up the company

Disney shareholders back CEO Iger, rebuff activist shareholders who wanted to shake up the company

BURBANK, Calif. (AP) — Disney shareholders rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board.
Powell: Fed still sees rate cuts this year; election timing won't affect decision

Powell: Fed still sees rate cuts this year; election timing won't affect decision

WASHINGTON (AP) — Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday, despite recent reports showing that the U.S. economy is still strong and that U.S.
Greater Toronto home sales down in March but competition pushes prices up: board

Greater Toronto home sales down in March but competition pushes prices up: board

TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in March were down 4.5 per cent from last year, but there was enough competition between buyers that the average home price rose moderately year-over-year.