The U.S. Justice Department formally started the procedure of classifying marijuana as a less dangerous substance, moving toward a major change in U.S. drug policy.

Canadian cannabis stocks are rallying after U.S. President Joe Biden announced the country had taken a "major step" toward reclassifying pot as a less dangerous drug.

The Dow Jones Industrial Average eclipsed 40,000 for the first time on Thursday as investors grow confident that the stock market rally can keep running on hopes the U.S. Federal Reserve will start cutting interest rates later this year.

Three months after Dax Dasilva returned to the helm of Lightspeed Commerce Inc. on an interim basis, the company says he's staying put.

The tourism industry has rolled out a road map it hopes will bring more visitors to Canada after the bruising it took during the COVID-19 pandemic.

Walmart Inc. breezed to another quarter of sales growth and said it now expects the full year to be slightly better than planned as the big-box retailer attracts price-conscious consumers looking for essentials and discounts.

High-end coat maker Canada Goose Holdings Inc. reported higher-than-expected sales growth, thanks to big gains at stores in China and the U.S., sending the shares to their biggest rise in more than three years.

Honda Motor Co. will invest 10 trillion yen (US$65 billion) on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds that are stifling purchases.

ATS Corp. reported a fourth-quarter profit of $48.5 million, up from $29.6 million a year earlier, as its revenue rose 8.3 per cent.

Here are five things you need to know this morning.

The world’s largest stock market hovered near its all-time highs, with the Dow Jones Industrial Average touching the historic 40,000 mark on bets that rate cuts will keep powering Corporate America.