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Linamar reports earnings up in first quarter to $178.5 million

Linamar reports earnings up in first quarter to $178.5 million

GUELPH, Ont. — Linamar Corp. says earnings were up in its first quarter from last year as revenue rose on market share growth and acquisitions. The auto parts manufacturer says it had net income of $178.
S&P/TSX composite down as shares of Shopify tumble, U.S. stock markets mixed

S&P/TSX composite down as shares of Shopify tumble, U.S. stock markets mixed

TORONTO — Shares of tech heavyweight Shopify fell almost 19 per cent Wednesday, weighing on Canada's main stock index, while U.S. markets were mixed. The S&P/TSX composite index closed down 31.46 points at 22,259.16.
Toronto police seek suspect vehicle after security guard shot outside Drake's mansion

Toronto police seek suspect vehicle after security guard shot outside Drake's mansion

Toronto police are seeking help from the public as they continue to investigate a shooting that seriously injured a security guard outside rapper Drake's mansion. The shooting took place shortly after 2 a.m.
Stock market today: Indexes drift to a mixed close as Wall Street remains in a lull

Stock market today: Indexes drift to a mixed close as Wall Street remains in a lull

NEW YORK (AP) — Stock drifted to a mixed close as Wall Street remains in a lull. The S&P 500 closed little changed Wednesday, after a big three-day winning streak gave way to a tiny gain the prior day. The Dow Jones Industrial Average rose 0.
Shopify shares sink as company posts Q1 loss, forecasts slower revenue growth

Shopify shares sink as company posts Q1 loss, forecasts slower revenue growth

Shopify Inc.'s shares slumped Wednesday as the company reported a loss in its latest quarter and forecast slower revenue growth for next quarter in its financial outlook. The e-commerce software company, which keeps its books in U.S.
Music Midtown, popular Atlanta music festival, canceled this year

Music Midtown, popular Atlanta music festival, canceled this year

ATLANTA (AP) — A music festival that draws tens of thousands of people to Atlanta's Piedmont Park will not take place this year.
ATCO subsidiary to build new Alberta pipeline to supply gas to petrochemical project

ATCO subsidiary to build new Alberta pipeline to supply gas to petrochemical project

CALGARY — Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., plans to build a new, $2-billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.
Spin Master gets boost from Melissa & Doug deal, sees slow spending through 2024

Spin Master gets boost from Melissa & Doug deal, sees slow spending through 2024

TORONTO — Spin Master Corp. says it continues to face challenges from inflation, higher interest rates and a slowdown in consumer spending, including on toys, that it predicts will remain through least the end of the year.
Safety board issues message to float-plane pilots on landing-site hazards

Safety board issues message to float-plane pilots on landing-site hazards

RICHMOND, B.C. — An investigation by the Transportation Safety Board has concluded that a small float plane coming in near Tofino, B.C.
Prada focuses generational transition on artisans, expanding production and workforce in Italy

Prada focuses generational transition on artisans, expanding production and workforce in Italy

TORGIANO, Italy (AP) — The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos and developing new artisanal talent t