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Gildan Activewear calls campaign by shareholders to bring back ex-CEO misguided

Gildan Activewear calls campaign by shareholders to bring back ex-CEO misguided

MONTREAL — The board of directors at Gildan Activewear Inc. says its ousted CEO had no credible long-term strategy for the company and a campaign by shareholders to have him reinstated as chief executive is misguided.
Stock market today: Wall Street rallies as Big Tech recovers but oil and Boeing tumble

Stock market today: Wall Street rallies as Big Tech recovers but oil and Boeing tumble

NEW YORK (AP) — Wall Street rallied to claw back most of the losses from its slow start to the year. The S&P 500 rose 1.4% Monday to pull within 1% of its all-time high. The Nasdaq composite rose 2.2%, and the Dow added 0.6%.
Moon landing attempt by US company appears doomed after 'critical' fuel leak

Moon landing attempt by US company appears doomed after 'critical' fuel leak

CAPE CANAVERAL, Fla. (AP) — The first U.S. moon landing attempt in more than 50 years appeared to be doomed after a private company's spacecraft developed a “critical” fuel leak just hours after Monday's launch.
Another class-action lawsuit over cantaloupe salmonella outbreak filed in Canada

Another class-action lawsuit over cantaloupe salmonella outbreak filed in Canada

VANCOUVER — A third proposed class-action lawsuit has been filed over salmonella-tainted cantaloupes that have sickened people across Canada.
Tiger Woods, Nike end partnership after more than 27 years

Tiger Woods, Nike end partnership after more than 27 years

Tiger Woods has gone from “Hello, world,” to saying goodbye to Nike.
Air Transat and CUPE reach new tentative contract for flight attendants

Air Transat and CUPE reach new tentative contract for flight attendants

MONTREAL — Air Transat and the union representing its 2,100 flight attendants say they have reached a new tentative agreement.
Morguard selling portfolio of 14 hotels across Canada for $410 million

Morguard selling portfolio of 14 hotels across Canada for $410 million

MISSISSAUGA, Ont. — Morguard Corp.
Lululemon Athletica raises financial guidance for fourth quarter

Lululemon Athletica raises financial guidance for fourth quarter

VANCOUVER — Lululemon Athletica Inc. has raised its financial guidance for its fourth quarter. The athletic clothing retailer, which keeps its books in U.S. dollars, says it now expects net revenue will be in the range of US$3.17 billion to US$3.
Economists see 'turning point' in housing market this year as interest rate cuts loom

Economists see 'turning point' in housing market this year as interest rate cuts loom

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024.
Boeing jetliner that suffered inflight blowout was restricted amid concerns over warning light

Boeing jetliner that suffered inflight blowout was restricted amid concerns over warning light

PORTLAND, Ore.