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Toronto stock market weighed down by falling telecommunications sector

Toronto stock market weighed down by falling telecommunications sector

TORONTO — Canada's main stock index fell midweek as the telecommunications sector retreated after Rogers Communications cut its revenue and capital spending forecasts for the year. The sector was the biggest mover Wednesday, losing 5.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,335.93, down 55.59 points.) Encana Corp. (TSX:ECA). Energy. Unchanged at $5.33 on 9.4 million shares. Aurora Cannabis Inc.
Rogers slashes revenue outlook on quick adoption of unlimited wireless plans

Rogers slashes revenue outlook on quick adoption of unlimited wireless plans

TORONTO — Enthusiasm for wireless data plans that don't charge overage fees has forced Rogers Communications Inc. to slash its revenue expectations for this year.
Boeing costs for 737 Max jump, profit falls short in 3Q

Boeing costs for 737 Max jump, profit falls short in 3Q

DALLAS — Boeing signalled Wednesday that it is close to completing its fix to the 737 Max and still expects it to be approved to fly before the end of the year.
Statistics Canada reports wholesale sales fell 1.2 per cent in August

Statistics Canada reports wholesale sales fell 1.2 per cent in August

OTTAWA — Statistics Canada says wholesale sales fell 1.2 per cent to $64.3 billion in August. Economists had expected growth of 0.3 per cent for the month, according to financial markets data firm Refinitiv.
Lori Loughlin, other parents charged again in college scheme

Lori Loughlin, other parents charged again in college scheme

BOSTON — "Full House" actress Lori Loughlin, her fashion designer husband and nine other parents faced new federal charges Tuesday in a scandal involving dozens of wealthy parents accused of bribing their children's way into elite universities or che
CN Rail cuts profit forecast for 2019 amid 'softer' economy and lower net income

CN Rail cuts profit forecast for 2019 amid 'softer' economy and lower net income

MONTREAL — Canada's largest railroad operator cut its profit outlook for 2019 on Tuesday, saying a weaker economy has eroded rail demand. Canadian National Railway Co.
Autoworkers from closed plants fight new GM contract

Autoworkers from closed plants fight new GM contract

DETROIT — If they can close our plant, they can close yours, too.
Boeing replaces executive who oversaw 737 Max, other planes

Boeing replaces executive who oversaw 737 Max, other planes

Boeing is replacing the head of its commercial-airplanes division as it struggles with a crisis created by two deadly crashes of its newest airliner. Boeing said Tuesday that Kevin McAllister is out as chief executive of Boeing Commercial Airplanes.

US endorses tobacco pouches as less risky than cigarettes

WASHINGTON — For the first time, U.S. health regulators have judged a type of smokeless tobacco to be less harmful than cigarettes, a decision that could open the door to other less risky options for smokers.