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US jobless claims tick up from near a pandemic low

US jobless claims tick up from near a pandemic low

WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market's recovery, at least temporarily.
Lululemon to outfit Canadian Olympic, Paralympic athletes through 2028 Games

Lululemon to outfit Canadian Olympic, Paralympic athletes through 2028 Games

VANCOUVER — Canada's Olympic and Paralympic athletes will be clad in Lululemon as they climb the podium in Beijing next year.

Bank of England keeps rates on hold, warns over inflation

LONDON (AP) — The Bank of England kept its main interest rate at the record low of 0.1% while warning Thursday that inflation is set to rise further over coming months largely as a result of a sharp spike in energy prices.
Former US defense secretary testifies in Holmes fraud trial

Former US defense secretary testifies in Holmes fraud trial

SAN JOSE, Calif. (AP) — Former U.S.
FDA backs Pfizer COVID-19 boosters for seniors, high-risk

FDA backs Pfizer COVID-19 boosters for seniors, high-risk

The U.S. moved a step closer Wednesday to offering booster doses of Pfizer’s COVID-19 vaccine to senior citizens and others at high risk from the virus as the Food and Drug Administration signed off on the targeted use of the extra shots.
Fed: On track to slow support for economy later this year

Fed: On track to slow support for economy later this year

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Wednesday that the Fed plans to announce as early as November that it will start withdrawing the extraordinary support it unleashed after the coronavirus paralyzed the economy 18 months a
BlackBerry net loss surges to US$144 million in Q2 as revenue drops 32 per cent

BlackBerry net loss surges to US$144 million in Q2 as revenue drops 32 per cent

WATERLOO, ONTARIO — BlackBerry Ltd. says its net loss surged to US$144 million in its latest quarter as revenues fell 32 per cent. The Waterloo, Ont., based company, which reports in U.S.
Alberta's premier faces down restive United Conservative caucus over COVID-19 crisis

Alberta's premier faces down restive United Conservative caucus over COVID-19 crisis

CALGARY — Alberta Premier Jason Kenney has faced down a restive and divided United Conservative Party caucus, focusing on COVID-19 while managing to avoid a straw vote on his leadership.
Commodities propel S&P/TSX composite to best day in two months, U.S. markets also up

Commodities propel S&P/TSX composite to best day in two months, U.S. markets also up

TORONTO — Commodities propelled Canada's main stock index to its best day in two months, while the Federal Reserve signalled that interest rates will increase earlier than expected as the economic recovery continues.
Nigeria-born designer Joy Meribe opens Milan Fashion Week

Nigeria-born designer Joy Meribe opens Milan Fashion Week

MILAN (AP) — Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching.
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