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S&P/TSX composite notches small gain led by energy stocks, U.S. markets fall
TORONTO — Strength in energy stocks helped Canada's main stock index eke out a small gain Thursday, while U.S. markets moved lower, led by weakness on the Nasdaq. The S&P/TSX composite index closed up 57.20 points at 19,587.41.
Nov 9, 2023 2:45 PM
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Stock market today: Wall Street falls after the bond market cranks up the pressure again
NEW YORK (AP) — Stocks fell on Wall Street as the pressure cranked higher from the bond market again. The S&P 500 lost 0.8% Thursday. The Dow fell 220 points, and the Nasdaq composite gave back 0.9%.
Nov 9, 2023 2:08 PM
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Crabby business: N.L. fisheries worker charged with accepting 'pans of crab' as bribe
STEPHENVILLE, N.L. — A contractor working for the federal Fisheries Department in Newfoundland and Labrador is accused of accepting bribes of seafood.
Nov 9, 2023 1:51 PM
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Air Canada CEO apologizes for accessibility barriers, rolls out new measures
MONTREAL — Air Canada CEO Michael Rousseau has apologized for the airline's accessibility shortfalls and announced new measures to improve the travel experience for hundreds of thousands of passengers living with a disability.
Nov 9, 2023 12:55 PM
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Powell reinforces Fed's cautious approach toward further interest rate hikes
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual pace.
Nov 9, 2023 12:55 PM
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'Timing couldn't have been better': Cineplex hails actors strike end after record Q3
TORONTO — Canada’s largest movie chain had plenty of reasons to celebrate on Thursday. On top of Cineplex Inc.
Nov 9, 2023 12:44 PM
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Quebecor reports Q3 profit and revenue up from year ago as Freedom drives growth
Quebecor Inc.'s purchase of Freedom Mobile earlier this year continues to drive growth as it works to solidify itself as Canada's fourth national carrier, chief executive Pierre Karl Péladeau said Thursday.
Nov 9, 2023 11:42 AM
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Suncor says still hunting for cost savings after wave of job cuts
CALGARY — Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push.
Nov 9, 2023 10:43 AM
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Hollywood's strikes are both now over as actors reach deal with studios, return to work with writers
LOS ANGELES (AP) — On Thursday, for the first time in more than six months, neither Hollywood's actors nor its writers will be on strike.
Nov 9, 2023 10:40 AM
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Canadian Tire cuts about 3% of workforce as customer spending slows
TORONTO — Canadian Tire Corp. Ltd. has cut about three per cent of its workforce in its fourth quarter as tougher economic times weigh on consumer's willingness to spend.
Nov 9, 2023 10:20 AM
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