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Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

CALGARY — Fuel retailer Parkland Corp. has lowered its full-year earnings forecast as sluggish market conditions continue to take a bite out of margins at the company's Burnaby, B.C. refinery.
Business software company Open Text reports US$84.4M Q1 profit

Business software company Open Text reports US$84.4M Q1 profit

TORONTO — Open Text Corp. reported a first-quarter profit of US$84.4 million, up from US$80.9 million a year earlier, as its revenue fell 11 per cent following the sale of its AMC business to Rocket Software.
Google Maps adds AI features to help users explore and navigate the world around them

Google Maps adds AI features to help users explore and navigate the world around them

PALO ALTO, Calif. (AP) — Google Maps is heading down a new road steered by artificial intelligence.
What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

A gift can help reduce the size of a mortgage needed, saving interest costs. It may also reduce or even eliminate the mortgage loan insurance required, which could also save borrowers money.
Five things for parents to think about when helping their child buy a home

Five things for parents to think about when helping their child buy a home

Thinking about giving money to your child to help buy a home? Here are five things to consider.
Aimia reaches settlement with Mithaq Capital, will add two Mithaq nominees to board

Aimia reaches settlement with Mithaq Capital, will add two Mithaq nominees to board

TORONTO — Aimia Inc. has signed a deal to settle its dispute with Mithaq Capital SPC, its largest shareholder, that will see the appointment of two Mithaq nominees to its board of directors. The company has also agreed to pay Mithaq US$1.
Sarah McLachlan postpones Canadian tour as she recovers from laryngitis

Sarah McLachlan postpones Canadian tour as she recovers from laryngitis

TORONTO — Sarah McLachlan is postponing her Canadian tour as she recovers from acute laryngitis. The singer-songwriter wrote on social media that her voice is "not recovering" and she needs to take time to heal.
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug

EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug

BRUSSELS (AP) — The European Commission said Thursday it has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival comp
Beyoncé, Shaboozey and Post Malone topped country in 2024. How will Grammy voters respond?

Beyoncé, Shaboozey and Post Malone topped country in 2024. How will Grammy voters respond?

NEW YORK (AP) — Country music has become a dominant force , bleeding into pop music's mainstream. And artists who might not have been previously associated with the genre — like Beyoncé and Post Malone — have recently released country albums.
Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.