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WEC Energy Group reported a nearly 22 per cent rise in second-quarter profit on Wednesday, as higher electricity sales to commercial and industrial customers boosted revenue and offset rising costs.
Insurance provider Intact Financial Corp. reported second-quarter net income of $720 million, down from $867 million during the same period last year.
The rogue agent that escaped from OpenAI and went on a days-long hacking spree at the AI firm Hugging Face also compromised a customer at a second tech company — New York-based Modal Labs — according to a Modal executive and two other sources familiar with the matter.
The U.S. Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks, in a move that targets China.
eBay Inc. agreed to pay almost US$50 million to a Massachusetts couple who said former employees of the company targeted them with threats and bizarre anonymous deliveries — including live insects, a funeral wreath and a bloody pig Halloween mask, according to settlement details released Tuesday.
Electricity generator Capital Power Corp. raised its dividend as it reported a net loss attributable to shareholders of $44 million in its latest quarter.
Cenovus Energy Inc. raised its production forecast for the year as it reported a second-quarter profit of $2.87 billion, up from $851 million a year ago.
U.S. Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway.
CGI Inc. says it earned $465.2 million in its third quarter compared with a profit of $408.6 million a year earlier.
World shares were mixed while South Korea’s Kospi stock index dropped 6 per cent Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump chipmakers’ shares.
Data breaches are becoming more costly for Canadian companies, a new report suggests.
Prime Minister Mark Carney is coming back to Alberta today.
A House of Commons committee is holding a special meeting today on the Gordie Howe International Bridge as the Liberal government continues to face questions about its revenue-sharing agreement with the U.S.
The CEO of one of Canada’s largest technology companies is facing criticism after he appeared to endorse the idea of giving the wealthy more voting power than others.
Elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another.
U.S. President Donald Trump would 'rather be independent,' he asserted Tuesday in response to a question on whether he plans to 'update' the free trade pact with Canada and Mexico after threatening a range of new tariffs.
