Main
Microsoft warns of forex hit, cuts forecast
FILE - The Microsoft company logo is displayed at their offices in Sydney, on Feb. 3, 2021. Stocks are off to a mixed start on Wall Street Thursday, June 2, 2022, as weakness in technology companies offsets gains elsewhere in the market. Microsoft weighed down the tech sector with a 3% loss after cutting its financial forecasts for the current quarter, citing unfavorable changes in exchange rates. (AP Photo/Rick Rycroft, File)
Two people dead after boat capsizes in Toronto harbour near Tommy Thompson Park
A Toronto Police badge.
Suspect in deadly Buffalo supermarket shooting pleads not guilty to terror charge, other counts
FILE - Investigators stand outside during a moment of silence for the victims of the Buffalo supermarket shooting outside the Tops Friendly Market on Saturday, May 21, 2022, in Buffalo, N.Y. Long before an 18-year-old avowed white supremacist inflicted terror at a Buffalo supermarket, the city's Black neighborhoods, like many others around the nation, had been dealing with wounds that are generations old. (AP Photo/Joshua Bessex, File)
Alberta MLA voted out of UCP caucus enters race for party leadership
Police keep watch over a body on the front steps of the Alberta Legislature in Edmonton, on Monday, December 2, 2019. THE CANADIAN PRESS/Amber Bracken
Amazon ‘obstructing’ House probe into warehouse collapse
FILE - A person holds six electric candles symbolizing the six workers who died while working at the Edwardsville Amazon site in the background, during a vigil, Friday, Dec. 17, 2021, in Edwardsville, Ill., after part of the building collapsed due to a tornado the previous week before. Democratic members of the House Committee on Oversight and Reform are accusing Amazon of “obstructing” their investigation into the company's labor practices during severe weather events. Amazon's policies have been under more scrutiny since the deadly collapse of a company warehouse last year in Edwardsville. (Derik Holtmann/Belleville News-Democrat via AP, FIle)
Investors pile into Canadian cryptocurrency ETFs even as sector loses US$1-trillion in value globally so far in 2022
ISTANBUL, TURKEY - OCTOBER 19: Gold Bitcoins are seen in the window of a Bitcoin and cryptocurrency exchange office on October 19, 2021 in Istanbul, Turkey. The number of Bitcoin and cryptocurrency exchanges have increased across Istanbul as cryptocurrency investing continues to boom in Turkey. Many investors see cryptocurrency's growth as a shelter against inflation and the depreciating Lira. Turkey's Lira has lost 20% of it's value this year as Bitcoin approaches it's all time high on the back of today's historic debut of the first Bitcoin futures ETF on the NYSE. (Photo by Chris McGrath/Getty Images)
Are ‘we will buy your house for cash!’ flyers too good to be true?
A house on Hillside Ave, in Toronto’s west end that has been sold, is photographed on May 18, 2022. Fred Lum/The Globe and Mail.
The U.S. Federal Reserve admitted it was wrong about inflation. Now eyes are on the potential for a recession
Federal Reserve Chairman Jerome Powell is seen delivering remarks on screens as a trader works on the trading floor at the New York Stock Exchange in December of 2021.
French strategic oil reserves not ‘totally full’, minister says
FILE PHOTO: A TotalEnergies sign at the company's headquarters in the La Defense business district in Paris, France, March 24, 2022. REUTERS/Benoit Tessier
U.S. private payrolls miss expectations in May: ADP
FILE PHOTO: A "Now Hiring" sign is seen in front of a McDonald's restaurant in FairOaks, Virginia April 19, 2011. The world's biggest hamburger chain -- which for years has wanted to stop the use of "McJob" as shorthand for low-wage, dead-end work -- said it plans to hire up to 50,000 new U.S. workers on Tuesday. REUTERS/Larry Downing (UNITED STATES - Tags: EMPLOYMENT BUSINESS FOOD)/File Photo
Bids close to buy historic basilica in downtown St. John’s
The Basilica of St. John the Baptist's twin Romanesque towers are shown in the fog in downtown St. John's on Wednesday June 1, 2022. Bids are due Thursday from all prospective buyers of the massive Basilica of St John the Baptist, a looming cathedral that has dominated the view of downtown St. John's for over 150 years. THE CANADIAN PRESS/Sarah Smellie
Bank of Canada rhetoric ‘bodes ill’ for housing market: BMO chief economist
A home for sale on Euclid St. in Toronto, is photographed on Nov 17, 2021.
Pfizer seeks U.S. authorization of COVID-19 vaccine for children under age of five
FILE - A syringe is prepared with the Pfizer COVID-19 vaccine at a vaccination clinic at the Keystone First Wellness Center in Chester, Pa., Dec. 15, 2021. A federal appeals court is being asked Monday, May 23, 2022, to reconsider its decision allowing the Biden administration to require that federal employees get vaccinated against COVID-19. (AP Photo/Matt Rourke, File)
Summer cottage essentials: The gear and garb you need for a warm-weather getaway this year
In photos: Beaming Queen Elizabeth waves to crowds as Platinum Jubilee celebrations begin
Gallery
Queen Elizabeth II, Prince Louis of Cambridge, Catherine, Duchess of Cambridge, Princess Charlotte of Cambridge, Prince George of Cambridge and Prince William, Duke of Cambridge watch the RAF flypast on the balcony of Buckingham Palace.
Europe eyes common subsea wind power grid to bolster energy security
Wind turbine parts are pictured at the port of Esbjerg, Denmark May 18, 2022. Picture taken May 18, 2022. REUTERS/Stine Jacobsen
Turkish minister reportedly sends letter to UN formally requesting country be referred to as ‘Turkiye’
Turkish Foreign Minister Mevlut Cavusoglu stands with a military honour guard, in Ankara, Turkey, Wednesday, June 1, 2022. Cavusoglu sent a letter to the U.N. formally requesting that his country be referred to as "Türkiye," the state-run news agency reported. The move is seen as part of a push by Ankara to rebrand the country and dissociate its name from the bird, turkey, and some negative connotations that are associated with it. Anadolu Agency said Stephane Dujarric, spokesman to U.N. Secretary General, confirmed late on Wednesday that the name change had become effective "from the moment" the letter was received. (AP Photo/Burhan Ozbilici)
Engine No. 1 rushes to back ESG disclosures at top companies
FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Exxon Mobil shareholders have unseated a third board member in their bid to force the oil giant to deal more aggressively with climate change. The company announced Wednesday, June 2, 2021 that three candidates nominated by a dissident group of shareholders, called Engine No. 1, had been elected to its board of directors. Preliminary tallies had two of the challengers winning seats. (AP Photo/Richard Drew, File)
Yemen’s warring parties agree to renew nationwide truce for another two months, UN says
FILE PHOTO: An airport staffer walks through the rubble of a building destroyed by Saudi-led air strikes at Sanaa Airport in Sanaa, Yemen December 21, 2021. REUTERS/Khaled Abdullah/File Photo
U.S. House committee takes up gun bill after deadly mass shootings
FILE PHOTO: Crosses with the names of victims of a school shooting, are pictured at a memorial outside Robb Elementary school, after a gunman killed nineteen children and two teachers, in Uvalde, Texas, U.S. May 26, 2022. REUTERS/Marco Bello
European authorities try to raise awareness over recent ‘needle spiking’ at nightclubs, concerts
The Warehouse nightclub is pictured Wednesday, May 18, 2022 in Nantes, western France. Across France, more than 300 people have reported being pricked out of the blue with needles at nightclubs or concerts in recent months. Doctors and multiple prosecutors are on the case, but no one knows who’s doing it or why, and whether the victims have been injected with drugs — or indeed any substance at all. (AP Photo/Jeremias Gonzalez)
Nasdaq to acquire Montreal-based analytics platform Metrio
FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid/File Photo
Telus receives approval from Toronto Stock Exchange for buyback plan renewal
A Telus sign is seen on a storefront in Halifax on Thursday, Feb. 11, 2021. Telus Corp. says it will invest $17.5 billion in British Columbia and $17 billion in Alberta and create thousands of new jobs in these provinces over the next four years as it looks to expand its wireless networks. CANADIAN PRESS/Andrew Vaughan
Canadian military accuses Chinese warplanes of harassing its patrol aircraft on North Korea sanctions mission
A Canadian flag patch is shown on a soldier's shoulder in Trenton, Ont., on Oct. 16, 2014. The Canadian Armed Forces says long-awaited rights for victims of military-related crimes will come into effect in June. THE CANADIAN PRESS/Lars Hagberg
Fiasco at Champions League final leaves Macron’s party vulnerable on the eve of legislative elections
Konrad Yakabuski
Lightspeed launches new platform to ease product ordering amid supply-chain crunches
JP Chauvet, president Lightspeed, poses in their offices, in Montreal, Quebec, July 20, 2021. (Christinne Muschi /The Globe and Mail)
Why does the Royal Family remain? The better question is, what does Britain even stand for anymore?
Against both Russia and China, what chance does the U.S. have?
Lawrence Martin
Amazon to pull Kindle out of China, other businesses to remain
FILE PHOTO: The sign of e-commerce website Amazon China is seen next to a Kindle e-reader displayed in this illustration , taken on December 15, 2021. REUTERS/Florence Lo/Illustration/File Photo
U.S., other countries call for ILO to set up mission to probe alleged labour abuses in China’s Xinjiang
(FILES) This file photo taken on June 4, 2019 shows the Chinese flag behind razor wire at a housing compound in Yangisar, south of Kashgar, in China's western Xinjiang region. - The US will seize all imports of tomato and cotton products from China's Xinjiang region due to the use of forced labor, the Customs and Border protection agency announced on January 13, 2021. (Photo by GREG BAKER / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT AFP PHOTO / BADUNG POLICE - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS (Photo by GREG BAKER/AFP via Getty Images)
Australian journalist detained in China denied calls from family and consular staff, partner says
FILE - Cheng Lei, a Chinese-born Australian journalist for CGTN, the English-language channel of China Central Television, attends a public event in Beijing on Aug. 12, 2020. The Australian partner of the journalist who has been detained in China for nearly two years said Thursday, June 2, 2022, she is being denied the chance to speak with her family and consular staff, and her health is declining due to a poor prison diet.(AP Photo/Ng Han Guan, File)
Canadian dollar to strengthen as Bank of Canada moves ‘aggressively’ on rate hikes: poll
FILE PHOTO: The new Canadian five and 10 dollar bills, made of polymer, are displayed with the previously released 20, 50 and 100 dollar notes following an unveiling ceremony at the Bank of Canada in Ottawa April 30, 2013. REUTERS/Chris Wattie/File Photo
OPEC+ brings forward oil output rises as Biden’s Saudi visit looms
FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo
Vote of Confidence: It’s election day in Ontario
Vote of Confidence, Ontario election pop-up newsletter
Zelensky eyes ‘inflection point’ as Russia tightens grip on Ukrainian city
A Ukrainian serviceman patrols a village near the frontline in the Donetsk oblast region, eastern Ukraine, Thursday, June 2, 2022. (AP Photo/Bernat Armangue)
Animal attraction: Five ways to connect with animals in Canada, from mild to wild
This photo is for FNA Use Only. DO NOT SHARE THIS PHOTO WITH MEDIA OR PARTNERS.
Summer festival sales to hit new heights in 2022
Osheaga co-founder Nick Farkas
Thursday’s analyst upgrades and downgrades
A Dollarama store is seen Tuesday, June 11, 2013 in Montreal.
Oil rises after U.S. crude drawdowns, supply tightness
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
China central bank to step up policy implementation to support economy
FILE PHOTO: The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/File Photo
Top-10 Unilever investor backs Nelson Peltz to bring urgency
FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photo
Morning Update: Bank of Canada says it’s ready ‘to act more forcefully’ after interest-rate hike
The Bank of Canada headquarters is seen, Wednesday, June 1, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
A small step – and a giant leap – in the fight against drug overdose deaths
FILE PHOTO: A cyclist rides past hundreds of flags symbolizing the more than 10,000 people who have died of toxic drug overdoses in British Columbia, Canada during a demonstration by the drug user advocacy group Moms Stop The Harm in Vancouver, British Columbia, Canada April 14, 2022. Picture taken April 14, 2022. REUTERS/Jesse Winter/File Photo
Repare stock soars after Montreal cancer drug developer strikes US$1-billion-plus deal with Roche
MONTREAL, Que. (19/06/2020) â€" Lloyd Segal, CEO of biotech Montreal biotech firm Repare Therapeutics, sits for a portrait in his Westmount home in Montreal, Que. on June 19, 2020. Repare started trading on the Nasdaq stock exchange as its initial public offering increased. As its valuation increases, Repare may join the ranks of Clementia to be valued at US$1-billion. Clementia attained that goal and was sold to foreign buyers last year. (Andrej Ivanov/The Globe and Mail)
David Cronenberg is not the sicko you think he is
Director David Cronenberg is pictured on the red carpet for the North American premiere of "Crimes of the Future", in Toronto, Monday, May 30, 2022. THE CANADIAN PRESS/Chris Young
Ontario election 2022: PCs win second majority while NDP and Liberal leaders both step down
Ontario Premier Doug Ford gestures at his Ontario PC Party provincial election night watch party at the Toronto Congress Centre in Etobicoke, Ontario, Canada June 2, 2022. REUTERS/Carlos Osorio
‘We are not safe here’: Canadian airline crew pleads for help from Ottawa two months after drug seizure in Dominican Republic
From left to right, Christina Carello, Bal Krishna (BK) Dubey, Aatif Safdar, Alexander Rozov, Cpt. Robert DiVenanzo. This is a photo taken recently in the Dominican Republic when BK was sworn in as a Canadian citizen at the embassy, after his ceremony was expedited to ensure he can continue to receive consular support. They have been stuck in the DR for almost two months. Courtesy of Pivot Airlines
Is it possible to challenge the orthodoxy of ESG without getting cancelled?
Jeffrey Jones
‘I Will Survive’ mantra for cabinet maker battling multiple export challenges
Sherky Ng, CEO, of Ikou Inc., a bathroom vanity company that exports their product, is photographed at his showroom and warehouse facility in Markham, Ontario on May 26, 2022. (Photo by Peter Power for The Globe and Mail)
Why some retirees go back to work, two questions Canadians should ask before dismissing annuities, and options for using a locked-in RRSP
Shot of a group of three creative businesspeople brainstorming ideas and writing notes on a glass wall inside their office
What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. REUTERS/Brendan McDermid
Thursday’s Insider Report: CEO invests over $500,000 in this financial stock
The close: Stocks rise, U.S. bond yields fall, as traders brace for employment data
Thursday’s small-cap stocks to watch
Barrels of beer are stacked at Pressure Drop Brewery, in north London, on May 21, 2022.
Depp v. Heard and what it means for #MeToo
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
Study showing drivers more likely to crash Porsche EV than Tesla raises a lot of questions
Andrew Clark
Removing policy uncertainty can position Canada for a decarbonizing world
A flare stack lights the sky from an oil refinery in Edmonton on December 28, 2018. The Ontario Teachers' Pension Plan Board is setting interim targets to curb greenhouse gas emissions tied to its multi-billion dollar portfolio. Canada's largest single-profession pension plan says it aims to slash the carbon intensity of its investments by 45 per cent by 2025 and by two-thirds by 2030, compared against its 2019 baseline. The targets come after the fund announced earlier this year a commitment to achieve net-zero greenhouse gas emissions by 2050. Big institutional investors have been under mounting pressure in recent years to invest in clean energy and sell off financial assets that contribute to climate change. THE CANADIAN PRESS/Jason Franson
Women start a No Club to avoid crappy, unpromotable tasks. It can help you too
Harvey Schachter
Ontario’s right-to-disconnect policy is in effect. Here’s what employers have come up with
A man looks at his phone as he walks along the Samsung stand during the Mobile World Congress wireless show in Barcelona, Spain on February 27, 2017. There's growing chatter in North America about adopting right-to-disconnect laws to free workers from being tethered to their phones around the clock, but some labour experts say that while the digital demands of work in the 21st century need to be openly discussed, rigid regulations and fines may not be the solution. THE CANADIAN PRESS/AP, Emilio Morenatti
How the investment industry can prepare for a rise in client complaints amid the market downturn
Angry young couple complaining, bad contract terms, outraged man arguing with manager or realtor, upset woman holding documents with stats, contract, dissatisfied clients demanding compensation
How often should financial planning be done to be most effective?
Advisor showing and discussing some data with her clients
June 2: Governments and realtors ‘are a big part of the housing affordability problem.’ Readers fume over the exorbitant costs of buying a home, and other topics
Calgary Real Estate Board releases home sales numbers for May. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
Distraught teen told of Cosby sex abuse, friend testifies
Bill Cosby’s lawyer Jennifer Bonjean speaks to the media as she arrives for opening statements in the civil suit against Bill Cosby at Santa Monica courthouse, California, U.S., June 1, 2022. REUTERS/Lucy Nicholson
Israeli troops kill two Palestinians, one an alleged attacker
A general view shows the house of assailant Palestinian militant Diaa Hamrasheh, as the Israeli forces blew it near Jenin, in the Israeli-occupied West Bank, June 2, 2022. Picture taken with a drone. REUTERS/Mohamad Torokman
Ukraine beats Scotland 3-1 in World Cup qualifying playoff
GLASGOW, SCOTLAND - JUNE 01: Andriy Yarmolenko of Ukraine celebrates after their sides victory during the FIFA World Cup Qualifier match between Scotland and Ukraine at Hampden Park on June 01, 2022 in Glasgow, Scotland. (Photo by Ian MacNicol/Getty Images)
Your daily horoscope: June 2
Capricorn
Prev
123
Next