Dow leaps over 400 points to record close as investors welcome signs of robust economy

The Dow surged 426 points to a record close Friday, and all three major indexes posted weekly gains, as investors took comfort from data pointing to robust economic activity in the world’s biggest economy. The Dow Jones Industrial Average finished at 44,296.51, up 1%, a day after soaring more than 450 points. The S&P 500 gained 0.4%, while the … Read more

Robinhood’s Dan Gallagher bows out of race for SEC chair — despite being frontrunner

Robinhood Chief Legal Officer Dan Gallagher, reportedly a top contender to lead the Securities and Exchange Commission under President-elect Donald Trump, said Friday he is not interested in returning to a government position. Gallagher was appointed to the agency by former president Barack Obama and served as an SEC commissioner from 2011 to 2015. “It … Read more

Quebec condemns Nazi reference at pro-Palestinian protest in Montreal

Public security minister’s office calls “final solution” remarks unacceptable and urges swift action. A man dances on the Israeli flag as students gather outside Concordia University to protest against the continuing conflict in Gaza. The students are seen in Montreal on Thursday, Nov. 21, 2024.Photo by Allen McInnis /Montreal Gazette The office of Quebec’s public … Read more

Mystery celebrity sues lawyer for Diddy accusers, claiming extortion over ‘false’ ties to sexual assault

A mystery celebrity is suing the lawyer representing Sean “Diddy” Combs’ sexual assault accusers — claiming the high-powered Texas attorney tried to extort him with threats of outing him as a violent “freak off” accomplice, according to a new lawsuit. The Los Angeles-based star, identified only as “John Doe,” alleges that Tony Buzbee — who … Read more

Suncor’s CEO lauds ‘rock star’ Firebag oilsands site

Helps energy giant hit record output from wells in Alberta in October Rich Kruger, chief executive of Suncor Energy Inc., at the company’s office building in downtown Calgary, 2023.Photo by Azin Ghaffari /Postmedia file Suncor chief executive Richard Kruger has touted Firebag as a key asset for the company as it seeks to replace the … Read more

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