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Banking complaints agencies report record numbers for 2022
TORONTO — Canada's two banking complaints agencies say there were a record number of inquiries and cases opened last year.
Mar 17, 2023 11:09 AM
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Cannabis 'price war' could cause 'significant' damage to industry: HEXO CEO
Hexo Corp.'s chief executive says he's seen a "price war" take shape over the last five months that could cause "significant" damage to Canada's cannabis industry. "No one wins in a price war," Charlie Bowman told analysts on a Friday call.
Mar 17, 2023 11:03 AM
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Wall Street opens a bit lower as worries about banks persist
NEW YORK (AP) — Wall Street is opening modestly lower as worries persist about the banking industry despite the lifelines it’s been getting. The S&P 500 was down 0.3% in early trading Friday. The Dow lost 0.6% and the Nasdaq was little changed.
Mar 17, 2023 7:38 AM
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Markham employee on leave after using N-word in George Brown College guest lecture
TORONTO — A downtown Toronto college says it is investigating after a guest speaker used the N-word during a case study presentation on Wednesday.
Mar 17, 2023 7:25 AM
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Parent of Silicon Valley Bank seeks bankruptcy protection
NEW YORK — The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
Mar 17, 2023 6:57 AM
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P.E.I. housing pinch major issue as parties campaign ahead of April 3 vote
CHARLOTTETOWN — A lack of affordable housing on Prince Edward Island has some questioning whether the province is running out of room for those who want to call it home, making dwindling real estate one of the major issues in the upcoming election.
Mar 17, 2023 2:00 AM
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Asian shares up after First Republic aid spurs Wall St rally
BANGKOK (AP) — Shares advanced Friday in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their latest hunt for troubles in the banking industry.
Mar 16, 2023 10:29 PM
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Big banks create $30B rescue package for First Republic
NEW YORK (AP) — Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis.
Mar 16, 2023 4:47 PM
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Dozens of workers reject union at big Nissan Tennessee plant
NASHVILLE, Tenn.
Mar 16, 2023 4:37 PM
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Hexo reports net loss of $11.1 million in second quarter, lower revenues
GATINEAU, Que. — Hexo Corp. reported a net loss of $11.1 million in its latest quarter, up from a year earlier, when it reported a loss of $690.3 million, which included $616 million in one-time impairment charges. The Gatineau, Que.
Mar 16, 2023 4:31 PM
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