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Pembina Pipeline says potential Trans Mountain purchase not a priority

Pembina Pipeline says potential Trans Mountain purchase not a priority

CALGARY — Pembina Pipeline Corp. says while it remains interested in global export opportunities, it isn't devoting much time currently to exploring a potential purchase of the Trans Mountain pipeline.
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California governor would slash 10,000 vacant state jobs to help close $27.6 billion deficit

California governor would slash 10,000 vacant state jobs to help close $27.6 billion deficit

SACRAMENTO, Calif. (AP) — California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.
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Doubts grow over June interest rate cut after big gains seen in jobs report

Doubts grow over June interest rate cut after big gains seen in jobs report

OTTAWA — The odds of a June interest rate cut from the Bank of Canada appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month.
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Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash

Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash

NEW YORK (AP) — Target confirmed Friday that it won't carry Pride Month merchandise at all stories this spring after the discount retailer experienced backlash and lower sales over its collection honoring LGBTQ+ communities.
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April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January, a new report says. The report by Urbanation and Rentals.
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Labour board to review safety concerns of potential rail strike, delay a possibility

Labour board to review safety concerns of potential rail strike, delay a possibility

The federal government is asking a labour tribunal to review whether a strike by rail workers would jeopardize Canadians' health and safety.
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Enbridge says carbon storage project still alive in spite of Capital Power decision

Enbridge says carbon storage project still alive in spite of Capital Power decision

CALGARY — Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan.
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US consumer sentiment drops to 6-month low on inflation, unemployment fears

US consumer sentiment drops to 6-month low on inflation, unemployment fears

WASHINGTON (AP) — U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise .
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S&P/TSX composite edges lower in late-morning trading, U.S. stock markets mixed

S&P/TSX composite edges lower in late-morning trading, U.S. stock markets mixed

TORONTO — Canada's main stock index edged lower in late-morning trading after closing at a record high on Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index was down 1.12 points at 22,374.71.
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Stock market today: Wall Street opens higher and is headed for another weekly gain

Stock market today: Wall Street opens higher and is headed for another weekly gain

NEW YORK (AP) — U.S. stocks are heading toward the close of another winning week with some more modest gains. The S&P 500 was up 0.3% in early trading Friday. The Dow Jones Industrial Average was up 118 points, and the Nasdaq composite was up 0.
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