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Stock market today: Wall Street rallies to its best week since Trump's election

NEW YORK (AP) — U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%.

'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs

WASHINGTON — Ottawa is ready to retaliate if U.S.

TD moves up CEO start date, overhauls board in money laundering fallout

TORONTO — TD Bank Group is speeding up its plan to install its new chief executive and overhauling its board as it continues to deal with the fallout of its anti-money laundering failures in the United States.

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

EDMONTON, ALBERTA, CANADA — The Alberta Energy Regulator has laid nine charges against Imperial Oil almost two years after an estimated 5.

Hudson's Bay lays off 41 staff while citing 'challenging headwinds'

TORONTO — Hudson's Bay says it has laid off 41 staff as it revamps the retailer's structure.

Ahead of U.S. TikTok ban, Canadians flock to Chinese 'RedNote' app

OTTAWA — With TikTok facing an imminent ban in the United States, many Canadian users are moving to rival Chinese social media app Xiaohongshu — also known as RedNote — pushing it to the top of download charts in Canada.

Lithuania vows to boost defense spending to 5-6% of GDP because of threat of Russian aggression

VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in the region, Lithuanian President Gitanas Nausėda sai

U.S. tariffs could become catalyst to bolster Canadian food supply chains: experts

Experts say U.S. tariffs on Canadian goods could accelerate a push to ramp up domestic food processing and manufacturing, even as some companies consider moving operations south.

China's population falls for a third straight year, posing challenges for its government and economy

TAIPEI, Taiwan (AP) — China's population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world's second most populous nation, which is now facing both an aging population and

Biden won't enforce TikTok ban, official says, leaving fate of app to Trump

WASHINGTON (AP) — President Joe Biden won't enforce a ban on the social media app TikTok that is set to take effect a day before he leaves office on Monday, a U.S. official said Thursday, leaving its fate in the hands of President-elect Donald Trump.
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