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Canada’s Rebecca Marino drops second-round French Open qualifying match
The Globe and Mail - The Canadian Press
Canada’s Rebecca Marino fell just short in a second-round qualifying match on Thursday. The Vancouver native lost 5-7, 7-6 (4), 6-4 to No. 22 qualifying seed Elena Rybakina of Kazakhstan. Rybakina now
Small Business (Canada)
Report on Small Business Newsletter: Ontario government cuts funding for small-business programs
The Globe and Mail - Sarah Efron
This is the weekly Report on Small Business newsletter. If you’re reading this on the web, or if someone forwarded this e-mail to you, you can sign up for it and all Globe newsletters on our signup page.
Unemployment Benefits
U.S. weekly jobless claims underscore labour market strength
The Globe and Mail - Lucia Mutikani
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to sustained labour market strength even as the economy slows. The economy, which received a
Best Buy
Best Buy sees solid second quarter as tech services boost profit margin
The Globe and Mail - Reuters
Best Buy Co. Inc. forecast second-quarter sales and profit above estimates on Thursday, as more people signed up for the consumer electronics retailer’s subscription-based tech support services and shopped
Ontario Politics
Ten former ministers urge Ontario government to reverse cuts to public-health funding
The Globe and Mail - The Canadian Press
Ten former Ontario health ministers representing three political parties are urging the provincial government to reverse its cuts to public-health funding. Six former Liberal ministers, three New Democrats
Expectation
Wholesale trade climbs 1.4 per cent to $64.1-billion in March, beats expectations
The Globe and Mail - The Canadian Press
Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March. Economists had expected an increase of 0.9 per cent, according to Thomson Reuters Eikon. The growth came as sales gained
World News
John Walker Lindh, man known as the ‘American Taliban,’ released after 17 years in prison
The Globe and Mail - The Associated Press
The California man who became known as the “American Taliban” after his capture on an Afghanistan battlefield in late 2001 has been released from prison. Thirty-eight-year-old John Walker Lindh was released
Saskatchewan
Trudeau in Saskatchewan to exonerate Chief Poundmaker of treason
The Globe and Mail - Stephanie Taylor
Prime Minister Justin Trudeau is to visit a Saskatchewan First Nation today to exonerate a chief unjustly convicted of treason more than 130 years ago. Trudeau is to vindicate Chief Poundmaker during ceremony
World News
At least three dead after tornado causes heavy damage in Missouri’s capital
The Globe and Mail - David A. Lieb
A tornado caused heavy damage in Missouri’s capital city as severe weather swept across the state overnight, causing at least three deaths and injuring nearly two dozen people as homes and businesses ripped
The City
RBC, TD profits beat analysts’ estimates, powered by loan growth
The Globe and Mail - Reuters
Royal Bank of Canada and Toronto-Dominion Bank beat analysts’ estimates for quarterly profits on Thursday, as strong loan growth bolstered their retail banking businesses and interest income. Higher interest
Business
ECB minutes show policy-makers are concerned economic growth is weaker than feared
The Globe and Mail - Reuters
European Central Bank policy-makers are concerned that economic growth in the euro zone is even weaker than feared, eroding their confidence in a long-projected recovery in the second half of the year,
Iran
U.S.-Iran tension is a clash of wills, Revolutionary Guards commander says
The Globe and Mail - Reuters
The standoff between Iran and the United States is a “clash of wills,” a senior commander of Iran’s powerful Revolutionary Guards said on Thursday, suggesting any enemy “adventurism” would meet a crushing
Brexit Party
Britain’s Theresa May hunkers down as premiership enters its end stage
The Globe and Mail - Jill Lawless
British Prime Minister Theresa May was hunkered down with close allies on Thursday as she considered whether to give in to relentless pressure to resign, or fight on to save her Brexit plan and her premiership.
World News
Dutch, U.K. polls open, starting four days of European elections
The Globe and Mail - Mike Corder
Dutch and British voters were the first to have their say Thursday in elections for the European Parliament, starting four days of voting across the 28-nation bloc that pits supporters of deeper integration
Kenya
Kenya court to rule if gay relations are criminal acts
The Globe and Mail - Tom Odulla
On the eve of what could be a landmark ruling in Kenya on whether same-sex relations are crimes, gay rights activist and gospel singer Joji Baro says he is has no intention of returning home to the East
Toronto, ON
Documentary Me, My Mouth and I offers a mouthful at Toronto’s ReelAbilities festival
The Globe and Mail - Brad Wheeler
You couldn’t ask for a more charismatic protagonist than Jess Thom, the subject of Me, My Mouth and I, a thoughtful, upbeat British documentary on neurodiversity in the arts that watches Thom’s mounting
Bay Street
TD posts rise in quarterly profit on strong retail banking performance
The Globe and Mail - Reuters
TD Bank Group reported a 6.7-per-cent rise in adjusted second-quarter profit on Thursday, as Canada’s second-biggest lender by market value benefited from strong performance in its retail business. Net
TD Bank
RBC and TD Bank top estimates for quarterly profits, powered by loan growth
The Globe and Mail - Reuters
Royal Bank of Canada and Toronto-Dominion Bank beat analysts’ estimates for quarterly profits on Thursday, as strong loan growth bolstered their retail banking businesses and interest income. Higher interest
Canadian News
Morning Update: Kenney’s Ontario assist; a warning from B.C. eye doctors; the exoneration of Chief Poundmaker
The Globe and Mail - Arik Ligeti
Alberta Premier Jason Kenney will campaign in Ontario during the federal election Andrew Scheer’s Conservatives are looking to win back immigrant voters – and the former Harper-era immigration minister
Huawei
China calls out U.S. ‘wrong actions’ as Huawei ban rattles supply chains
The Globe and Mail - Stella Qiu and Tony Munroe
Beijing said Washington needs to correct its “wrong actions” for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares
Oil
Oil continues slide on U.S. crude stockpiles surge
The Globe and Mail - Shadia Nasralla
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as ample supply and weak refinery data weighed on demand. Brent crude futures, the international
Deutsche Bank
Deutsche Bank CEO prepares ‘tough cutbacks’ at investment bank as shares hit low
The Globe and Mail - Tom Sims
Deutsche Bank’s chief executive said on Thursday that he was ready to make “tough cutbacks” to its investment bank, whose future is in doubt after several failed restructurings. Shares in Deutsche Bank
Xinjiang
Senior U.S. senator urges Canada to protest China’s abuse of Uyghur minority
The Globe and Mail - Robert Fife
U.S. Democratic Senator Mark Warner says Western countries, including Canada, must speak out more forcefully against China’s crackdown on its Muslim Uyghur minority and use of “bone-chilling” surveillance
Clean Energy
Clean energy one of Canada’s fastest-growing industries: report
The Globe and Mail - Mia Rabson
Canada’s clean-energy sector is growing faster than the economy as a whole and is rivalling some of the more well known industries for jobs, a new report shows. Clean Energy Canada, a think-tank at Simon
Jason Kenney
Alberta to launch challenge of federal carbon tax as UCP table bill to scrap provincial levy
The Globe and Mail - Justin Giovannetti
Alberta Premier Jason Kenney says his government will launch a third constitutional challenge against the federal carbon tax, as his newly elected United Conservative government begins an aggressive legislative
Boston Red Sox
Chavis goes deep in 13th inning as Red Sox edge Blue Jays 6-5
The Globe and Mail - Robert MacLeod
By now Aaron Sanchez is sick and tired of talking about his blasted fingers, which have severely hampered his development into a reliable starter over the past three years. After being crowned the American
Justin Trudeau
Prime minister’s fundraising speech interrupted by pipeline protester
The Globe and Mail - Laura Kane
An Indigenous protester opposed to the Trans Mountain pipeline expansion interrupted a speech by Prime Minister Justin Trudeau at a Liberal fundraiser on Wednesday. Will George of the Tsleil-Waututh Nation
Horoscopes
Your daily horoscope: May 23
The Globe and Mail - Sally Brompton
By all means think deeply about your own life and the lives of those around you this year, but make sure your overall attitude is positive and fun-loving. Whatever you choose to do, do it with a smile
Halifax Mooseheads
Huskies beat Mooseheads 4-3 on late goal but Halifax still advances to Sunday’s final
The Globe and Mail - Kyle Cicerella
Not every victory brings joy. At least in a four-team, round-robin tournament. Jakub Lauko scored the winner with 54 seconds to go in regulation as the Rouyn-Noranda Huskies beat the Halifax Mooseheads
Mario Batali
Celebrity chef Mario Batali facing assault and battery charge in Boston
The Globe and Mail - The Associated Press
Celebrity chef Mario Batali is facing a criminal charge on allegations that he forcibly kissed and groped a woman at a Boston restaurant in 2017. Batali, who recently gave up financial stakes in all his