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Stock market today: Wall Street dips amid quiet trading
NEW YORK (AP) — Wall Street edged lower following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 fell 0.5% Tuesday, and the Dow Jones Industrial Average lost 56 points, or 0.2%.
May 9, 2023 4:04 PM
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Chorus Aviation jacks up profits in Q1, pays down sizable debt
HALIFAX — Chorus Aviation Inc. says profits last quarter rose 40 per cent year over year, allowing it to pay down part of its hefty debt as the travel industry begins to regain its purchase.
May 9, 2023 3:07 PM
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Canada-China spat could affect businesses, but Canadian reputation strong: Experts
Souring relations between Ottawa and Beijing could affect Canadian companies in China, potentially tarnishing the appeal of Canadian brands for some Chinese consumers, experts said on Tuesday.
May 9, 2023 3:05 PM
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US regulators OK spent nuclear fuel facility in New Mexico
ALBUQUERQUE, N.M. (AP) — U.S. nuclear regulators have licensed a multibillion-dollar complex to temporarily store tons of spent fuel in New Mexico from commercial nuclear power plants around the nation.
May 9, 2023 2:38 PM
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Portion of Coastal GasLink construction paused over erosion, sediment control issues
CALGARY — TC Energy Corp. says it has proactively halted construction on a 20-km stretch of its Coastal GasLink project over concerns about erosion and sediment control.
May 9, 2023 2:35 PM
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These companies have laid off Canadian workers in 2023
A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
May 9, 2023 2:16 PM
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Metaverse to contribute at least $45.3B to Canada's annual GDP by 2035 says Meta
TORONTO — When Facebook chief executive Mark Zuckerberg changed his company's name to Meta less than two years ago, he placed a multi-billion-dollar bet on a virtual but interactive realm where he believed people would work and play for generations t
May 9, 2023 2:11 PM
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Reported Lassonde bid for Teck coal could thwart Glencore: analyst
TORONTO — A mining analyst says an apparent effort by industry veteran Pierre Lassonde to buy Teck Resources' coal business could disrupt Glencore's push to take over the Canadian firm.
May 9, 2023 2:04 PM
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It’s 'never too early, never too late' to learn financial literacy, experts say
For as long as he remembers, Aidan D’Souza says his mother has helped him ensure that he’s making smart money decisions. At roughly 10 years old, D’Souza said his mother advised him not to spend all his money on candy and frivolous gadgets.
May 9, 2023 10:05 AM
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George Weston reports Q1 profit up from year ago, raises quarterly dividend
TORONTO — George Weston Ltd. raised its dividend as it reported its first-quarter profit and revenue rose compared with a year ago. The company, which holds large stakes in Loblaw Companies Ltd.
May 9, 2023 8:16 AM
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