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Wall Street drifts closer to records as oil prices jump and US manufacturing slumps

Wall Street drifts closer to records as oil prices jump and US manufacturing slumps

NEW YORK (AP) — U.S. stock indexes drifted closer to records, coming off their stellar May. The S&P 500 rose 0.4% Monday. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite added 0.7%.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Local real estate boards are slated to release the latest data on home sales and prices in their regions for May, including Calgary on Monday, Vancouver
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Mortgage-free retirement out of reach for one in three Canadians, says survey

Mortgage-free retirement out of reach for one in three Canadians, says survey

Royal LePage report says affordability crisis delays homeownership, leaving nearly 30% of near-retirees still paying off their homes.
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Teck shuts mill at Carmen de Andacollo operations in Chile for unplanned maintenance

Teck shuts mill at Carmen de Andacollo operations in Chile for unplanned maintenance

VANCOUVER — Teck Resources Ltd. says a mechanical issue has forced it to shut down the SAG mill at its Carmen de Andacollo operations in Chile for maintenance. The company estimates production will be interrupted for about one month for repairs.
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Rob Shaw: Safe-supply leak shows just how broken B.C.’s whistleblower law is

Rob Shaw: Safe-supply leak shows just how broken B.C.’s whistleblower law is

A disclosure that forced a major policy reversal wouldn’t qualify for protection
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BIV reporter to be inducted into BC Restaurant Hall of Fame

BIV reporter to be inducted into BC Restaurant Hall of Fame

Glen Korstrom inducted as a friend of the industry
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'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

OTTAWA — Few would confuse Hollywood action star Tom Cruise with Bank of Canada governor Tiff Macklem.
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Canada Post rejects union's request for binding arbitration to end labour dispute

Canada Post rejects union's request for binding arbitration to end labour dispute

Canada Post has rejected a request from the union representing about 55,000 of its workers to send their ongoing labour dispute to binding arbitration.
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Redesigning the Bay's old stores come with challenges and opportunities

Redesigning the Bay's old stores come with challenges and opportunities

TORONTO — When Hudson's Bay began liquidating all of its stores and hunting for a potential new owner, Ruby Liu was determined not to let Canada's oldest company disappear. The B.C.
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Canada Post asks jobs minister to force union to vote on 'final offers'

Canada Post asks jobs minister to force union to vote on 'final offers'

OTTAWA — Canada Post says it has asked Jobs Minister Patty Hajdu to force a union membership vote on the proposals the Crown corporation put forward earlier this week.
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