(Bloomberg) -- Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc., saying he wanted to avoid a sudden sale in the event hes forced to go ahead with his deal to acquire Twitter Inc. Most R… [+4392 chars]
By David Rosenberg and Julia Wendling With the Bank of Canadas aggressive rate-hiking cycle well underway despite a shaky residential real estate sector and high levels of household debt, its no sec… [+5778 chars]
Pot shop owners say they're worried they will lose customers and run out of product if a halt on Ontario Cannabis Store deliveries stretches on and consumers turn to the illicit market. The stores s… [+5307 chars]
Chinas crude oil imports rose… Oil prices have fallen back… By Julianne Geiger - Aug 09, 2022, 2:30 PM CDTThe Energy Information Administration has lowered its forecast for crude oil production for… [+1973 chars]
Vancouver-based social media company Hootsuite Inc. is laying off 30 per cent of its staff, the latest company to announce layoffs during a current surge in cutbacks in the tech sector. "It is indic… [+737 chars]
Fairfax Financial Holdings Ltd. FFH-T has proposed to take Recipe Unlimited Corp. RECP-T private in a deal that values the restaurant chain owner at $1.2-billion. Toronto-based Fairfax is already th… [+3988 chars]
U.S. stocks extended losses Tuesday as investors assessed earnings and prepared for a key inflation report due out Wednesday. The S&P 500 fell 0.4%, while the Dow Jones Industrial Average ticked… [+3054 chars]
Hootsuite Inc. says it will lay off 30 per cent of its staff as part of a global restructuring. The Vancouver-based social media business declined to answer questions about the exact number of staff… [+2199 chars]
Summer isnt over yet, but winter is coming -- and WestJet is bringing back 17 sun routes that were suspended during the COVID-19 pandemic to help travellers escape the cold. Routes from across Canad… [+2127 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+2620 chars]
Silver has reversed and broken out to the upside. After a week of consolidation, the buyers showed up and pushed silver through the top. Gold has been in a similar pattern, just a little weaker than … [+1420 chars]
A Toronto man whos been playing the lottery since the late '70s is set to retire after he won big in a recent Lotto 6/49 draw. Etobicoke resident Frank Jarman told the Ontario Lottery and Gaming Cor… [+1156 chars]
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