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Stock market today: Wall Street falls to a rare losing week, but not far off its record
NEW YORK (AP) — Stocks slipped to send Wall Street to a rare losing week, just its second in the last 16. The S&P 500 fell 0.5% Friday after a report on inflation at the wholesale level came in hotter than expected.
Feb 16, 2024 2:09 PM
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TekSavvy 'running on hope' as it urges CRTC to allow wholesale fibre internet access
Independent telecom TekSavvy says the federal regulator must urgently level the playing field when it comes to internet competition amid a shrinking market for small providers. The Chatham, Ont.
Feb 16, 2024 2:03 PM
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45 cents short, $96 in fees: Court approves TD insufficient funds fee settlement
TORONTO — The high cost of not having enough money is being brought into focus by a class-action lawsuit at one of the country's largest banks.
Feb 16, 2024 12:59 PM
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Consumer sentiment edges higher as economic growth accelerates and inflation fades
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after soaring in December and January , underscoring that Americans are starting to feel better about the economy after several years of gloom.
Feb 16, 2024 11:04 AM
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B2Gold says three employees killed in bus attack in Mali, several others wounded
VANCOUVER — B2Gold Corp. says three employees have died after an attack on a bus transporting workers in Mali. The company says the bus, which was travelling under Malian gendarme escort, was going from its Fekola mine to Bamako, the capital of Mali.
Feb 16, 2024 9:45 AM
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Nike to cut 2%, or 1,600 jobs, as athletic wear giant cuts costs and reinvests in areas like health
NEW YORK (AP) — Nike is cutting 2% of its global workforce, or little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvest its savings into what it sees as big growth areas like sport, health and wellness.
Feb 16, 2024 9:38 AM
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Fairfax Financial Holdings reports Q4 profit down from year earlier
TORONTO — Fairfax Financial Holdings Ltd. reported a fourth-quarter profit attributable to shareholders of US$1.3 billion, down from US$2.3 billion a year earlier. The company, which keeps its books in U.S. dollars, says the profit amounted to US$52.
Feb 16, 2024 9:22 AM
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TC Energy open to exceeding $3B asset divestiture target this year: CEO
CALGARY — TC Energy Corp.
Feb 16, 2024 9:22 AM
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'No longer viable': Ontario electronics retailer Factory Direct to liquidate stores
TORONTO — An Ontario court has given Factory Direct permission to liquidate its stores as it begins winding down the business.
Feb 16, 2024 9:00 AM
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US wholesale inflation accelerated in January in latest sign that prices picked up last month
WASHINGTON (AP) — Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated.
Feb 16, 2024 7:51 AM
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