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S&P/TSX composite gains nearly 250 points to end week on upswing

S&P/TSX composite gains nearly 250 points to end week on upswing

Canada's main stock index rose almost 250 points in a broad-based rally Friday, ending the week on an upswing as Wall Street stocks also posted strong gains. The S&P/TSX composite index was up 244.37 points at 20,581.58.
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Mall landlords likely to get 'creative' to fill Nordstrom vacancies: experts

Mall landlords likely to get 'creative' to fill Nordstrom vacancies: experts

TORONTO — Nordstrom's departure from Canada's retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill the space.
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NorthStar Gaming to list shares on TSXV next week, completes Baden Resources takeover

NorthStar Gaming to list shares on TSXV next week, completes Baden Resources takeover

TORONTO — NorthStar Gaming Holdings Inc. says it will list its common shares on the TSX Venture Exchange next week. The Toronto-based sports betting company says shares will trade under the BET symbol.
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Stocks jump as Wall Street cruises to best day since January

Stocks jump as Wall Street cruises to best day since January

NEW YORK (AP) — Stocks rallied Friday to send Wall Street to its best day in six weeks. The S&P 500 rose 1.6% to cap its first winning week in the last four as relaxing yields in the bond market took some pressure off Wall Street.
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As window for final testing narrows, N.L.'s Muskrat Falls encounters new problems

As window for final testing narrows, N.L.'s Muskrat Falls encounters new problems

ST. JOHN'S, N.L. — Newfoundland and Labrador's long-suffering Muskrat Falls hydroelectricity project has encountered new problems ahead of a final round of testing that must take place during the colder months of the year.
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Ford to raise production as US auto sales start to recover

Ford to raise production as US auto sales start to recover

DEARBORN, Mich. (AP) — Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022.
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Ontario Nurses' Association says bargaining with hospitals has broken down

Ontario Nurses' Association says bargaining with hospitals has broken down

TORONTO — Contract talks between nurses and the Ontario Hospital Association have broken down and will now head to arbitration, the nurses' union said Friday.
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Suncor Energy selling North Sea offshore assets in deal valued at $1.2B

Suncor Energy selling North Sea offshore assets in deal valued at $1.2B

CALGARY — Suncor Energy Inc. has taken another step toward streamlining its business, signing a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion.
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Toronto-area home prices down 18% from last February, sales halved: board

Toronto-area home prices down 18% from last February, sales halved: board

TORONTO — Greater Toronto Area home prices fell almost 18 per cent from last February — the largest year-over-year drop on record — as the number of properties sold was halved, the region's real estate board said.
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Amazon pauses construction on 2nd headquarters in Virginia

Amazon pauses construction on 2nd headquarters in Virginia

NEW YORK (AP) — Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work .
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