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Stock market today: Wall Street nears record high as markets prep for an inflation report

Stock market today: Wall Street nears record high as markets prep for an inflation report

NEW YORK (AP) — Wall Street neared a record high ahead of a highly anticipated report on inflation, which could show whether all the excitement that’s vaulted stocks higher recently is warranted. The S&P 500 rose 0.6% Wednesday and is just 0.
Canadian class action against Apple has opt out deadline today

Canadian class action against Apple has opt out deadline today

VANCOUVER — Canadians have until later today to opt out of a class-action lawsuit that could see Apple pay up to $14 million collectively to some iPhone users. The class action filed in 2018 against defendants Apple Inc. and Apple Canada Inc.
Engine maker Cummins to repair, replace 600,000 Ram trucks in $2 billion emissions cheating scandal

Engine maker Cummins to repair, replace 600,000 Ram trucks in $2 billion emissions cheating scandal

The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc.
California governor wants reserves and cuts to fix nearly $38B deficit, mostly sparing schools

California governor wants reserves and cuts to fix nearly $38B deficit, mostly sparing schools

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit.
Bombardier scores win with U.S. army after being shut out of Canada bid

Bombardier scores win with U.S. army after being shut out of Canada bid

WASHINGTON — The U.S. army says Bombardier Inc. has won a contract to supply up to three Global 6500 business jets for conversion into a spy plane prototype.
Judge rescinds permission for Trump to give his own closing argument at his civil fraud trial

Judge rescinds permission for Trump to give his own closing argument at his civil fraud trial

NEW YORK (AP) — Donald Trump won't make his own closing argument in his New York civil business fraud trial after his lawyers objected to the judge's insistence that the former president would stick to “relevant” matters.
Amazon cutting several hundred positions across Prime Video and MGM Studios unit

Amazon cutting several hundred positions across Prime Video and MGM Studios unit

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit.
Property services company FirstService makes three small acquisitions in the U.S.

Property services company FirstService makes three small acquisitions in the U.S.

TORONTO — Property services company FirstService Corp. says it has closed three small acquisitions in the U.S. Financial terms of the deals were not disclosed.
AI-powered misinformation is the world's biggest short-term threat, Davos report says

AI-powered misinformation is the world's biggest short-term threat, Davos report says

LONDON (AP) — False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarize society is the top immediate risk to the global economy, the World Economic Forum said in a report We
AI skills in demand as companies develop 2024 hiring plans for Canada

AI skills in demand as companies develop 2024 hiring plans for Canada

TORONTO — When Canadian companies turn to hiring this year, candidates will need to show skill in a key area: artificial intelligence.