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Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B

Robert Miller, accused of paying minors for sex, to sell Future Electronics for $5B

Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. WT Microelectronics Co.
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Retail sales rise 0.6% in August largely due to a spike in gas prices

Retail sales rise 0.6% in August largely due to a spike in gas prices

NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.
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U.S. benchmark oil price tops US$90 a barrel for first time since November 2022

U.S. benchmark oil price tops US$90 a barrel for first time since November 2022

TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.
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Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk

Talks between Serbia and Kosovo break down again. The EU says their hopes of joining are at risk

BRUSSELS (AP) — Kosovo and Serbia on Thursday failed yet again to make progress in talks aimed at improving their long-strained relations , and the European Union’s top diplomat warned that the lack of progress could hurt their hopes of joining the b
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Laurentian Bank shares fall as it concludes review without deal to sell

Laurentian Bank shares fall as it concludes review without deal to sell

MONTREAL — Shares of Laurentian Bank were down more than 10 per cent in morning trading after it announced it had completed its review of strategic options without a deal to sell the bank.
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Wholesale sales excluding petroleum products and oilseeds and grains up in July

Wholesale sales excluding petroleum products and oilseeds and grains up in July

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, grew 0.2 per cent to $81.3 billion in July.
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'One family, one lawyer' model promises to save divorcing couples time and money

'One family, one lawyer' model promises to save divorcing couples time and money

Edmonton lawyer Melissa Bourgeois had been practicing family law for more than a decade when she had what she calls her "lightbulb moment.
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Stranded luxury cruise ship MV Ocean Explorer has been pulled free at high tide in Greenland

Stranded luxury cruise ship MV Ocean Explorer has been pulled free at high tide in Greenland

COPENHAGEN, Denmark (AP) — The luxury cruise ship MV Ocean Explorer was “successfully” pulled free in Greenland on Thursday, three days after running aground with 206 people on board, authorities and the ship's owner said.
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Europe's central bank hikes interest rates again even as threat of recession grows

Europe's central bank hikes interest rates again even as threat of recession grows

FRANKFURT, Germany (AP) — The European Central Bank piled on a 10th straight interest rate increase Thursday, pressing forward in its fight against stubbornly high inflation that has been plaguing consumers even as worries grow that higher borrowing
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Wholesale price inflation accelerated in August from historically slow pace

Wholesale price inflation accelerated in August from historically slow pace

WASHINGTON (AP) — U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve.
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