Canada markets open in 4 hours 3 minutes
  • Business
    The Canadian Press

    Stock market today: Global benchmarks are trading mixed as investors focus on earnings

    TOKYO (AP) — World shares were trading mixed Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” France's CAC 40 lost 0.3% in early trading to 8,067.62, while Germany's DAX dipped 0.4% to 18,008.84. Britain's FTSE 100 rose 0.7% to 8,098.24. U.S. shares were set to drift lower with the Dow future down 0.3% at 38,577.00. The S&P 500 future declined 0.5% to 5,081.25. Japan's benchmark Nikkei 225 slid 2.2% to

  • Politics
    The Canadian Press

    Tough new EPA rules would force coal-fired power plants to capture emissions or shut down

    WASHINGTON (AP) — Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection Agency. New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration's most ambitious effort yet to roll back planet-warming pollution from the power sector, the nation’s second-largest contributor to climate change. The rules are a key part of President Joe Biden's pledge to eliminate car

  • Politics
    The Canadian Press

    As Biden celebrates computer chip factories, voters wait for the promised production to start

    WASHINGTON (AP) — President Joe Biden has a great economic story to tell voters a decade from now, less so in 2024. On Thursday, the Democratic president will head to upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with government support. But the initial phase of the project would open the first plant in 2028 and the second plant in 2029, with more time expected for the next two factories to be completed. Staring down a

  • Business
    Reuters

    AI spending worries cast gloom over Alphabet, Microsoft

    Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction.