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Aritzia posts quarterly loss as it recovers from pandemic prompted store closures

Aritzia posts quarterly loss as it recovers from pandemic prompted store closures

VANCOUVER — Fashion retailer Aritzia Inc. has reopened all the stores it closed due to COVID-19 pandemic lockdowns in March, but ongoing related issues are blamed for lower revenue and a net loss in its most recent fiscal quarter.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,455.40, down 55.43 points). Toronto-Dominion Bank (TSX:TD). Financials. Down 45 cents, or 0.74 per cent, to $60.03 on 14.
WestJet cutting flights to Atlantic Canada, laying off staff

WestJet cutting flights to Atlantic Canada, laying off staff

WestJet Airlines Ltd. is suspending operations to four cities in Atlantic Canada and slashing service to others in the region as the pandemic continues to take a toll on the airline industry.
Wisconsin judge blocks governor's order limiting capacity

Wisconsin judge blocks governor's order limiting capacity

MADISON, Wis. — A Wisconsin judge on Wednesday temporarily blocked an order from Gov.
S&P/TSX composite reverses gains to close lower despite rising oil price

S&P/TSX composite reverses gains to close lower despite rising oil price

TORONTO — Canada's main stock index gave up gains in afternoon trading on Wednesday, despite a boost from the energy and materials sectors.
BoC deputy: pandemic means central banks must 'move faster' on digital currency plans

BoC deputy: pandemic means central banks must 'move faster' on digital currency plans

OTTAWA — Pandemic-related shifts in how people shop, sending more people into cyberspace than a physical space, means central banks must speed up work on creating their own digital currencies, says a top Bank of Canada official.
UK's COVID-19 strategy unraveling as regions choose own path

UK's COVID-19 strategy unraveling as regions choose own path

LONDON — British Prime Minister Boris Johnson’s new strategy for combating COVID-19 seemed to unravel Wednesday as regional leaders chose their own paths and the mayors of the cities facing the toughest restrictions accused Johnson of using the crisi
Landlords sue Hudson's Bay for unpaid rent, retailer says malls aren't 'first class'

Landlords sue Hudson's Bay for unpaid rent, retailer says malls aren't 'first class'

Two Hudson's Bay Co. landlords are suing the retailer for unpaid rent, alleging the iconic department store that anchors shopping malls across Canada hasn't paid its bills at multiple locations since April.
Pilgrim's Pride reaches plea deal on chicken price-fixing

Pilgrim's Pride reaches plea deal on chicken price-fixing

Pilgrim’s Pride Corp. has reached a plea agreement with the U.S. government over charges of price-fixing in the chicken industry. Under the agreement, Pilgrim’s Pride would pay a fine of $110.
Bank of America profit falls 15.6% in third quarter

Bank of America profit falls 15.6% in third quarter

CHARLOTTE, N.C. — Consumer banking giant Bank of America says third-quarter profit declined 15.6% from a year earlier, but saw less need to put aside money to cover potentially bad loans, citing improvements in the U.S. economy.
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