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Strong earnings by Suncor may not be enough to fend off shareholder pressure: experts
CALGARY — Suncor Energy Inc. now has strong first-quarter earnings in its arsenal and a publicized plan to improve worker safety, but some observers say that won't be enough for the Calgary-based oil giant to fend off an aggressive activist investor.
May 10, 2022 7:16 PM
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Intact Financial reports net income of $447 million, revenue of $5.3 billion
TORONTO — Intact Financial Corp. says its net income fell in the first quarter compared with a year ago while its revenues rose.
May 10, 2022 6:44 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,890.06, down 109.63 points.) Enbridge Inc. (TSX:ENB). Energy. Down 53 cents, or 0.94 per cent, to $55.92 on 33.5 million shares.
May 10, 2022 5:32 PM
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S&P/TSX composite closes down more than 100 points, U.S. stock markets mixed
TORONTO — Canada's main stock index closed down more than 100 points as crude prices fell again in a wavy day for markets that saw U.S. markets end the day mixed.
May 10, 2022 5:30 PM
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Can you believe it? More people watched Kentucky Derby later
NEW YORK (AP) — Perhaps trying to make sure it really happened, more people watched replays of 80-1 underdog Rich Strike winning the Kentucky Derby than watched it live.
May 10, 2022 4:45 PM
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Strike at Sobeys distribution centre in Quebec ends after workers ratify new deal
Workers at a Sobeys distribution centre in Quebec have ratified a new contract, ending a three-month strike over wages and benefits. Empire Co. Ltd.
May 10, 2022 4:12 PM
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'Succession' star glues hand to Starbucks counter in protest
NEW YORK (AP) — Actor and activist James Cromwell has gone from “Succession’s” Uncle Ewan to real-life supergluin’ — pasting his hand to a midtown Manhattan Starbucks counter on Tuesday to protest the coffee chain’s extra charge for plant-based milk.
May 10, 2022 3:41 PM
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Hydro-Québec in U.S. court to save US$1B Maine power line after failed referendum
PORTLAND, Maine — The fate of Hydro-Québec's US$1-billion interconnection line went before Maine's Supreme Court on Tuesday, which will have to decide whether to validate the project even though a majority of voters in the state rejected it.
May 10, 2022 2:32 PM
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Musk says he would reverse Twitter's ban of Donald Trump
LONDON (AP) — Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump if the Tesla CEO follows through with his plan to buy the social media company.
May 10, 2022 2:30 PM
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Q&A: Philanthropy Together CEO talks TED and giving circles
Sara Lomelin offered the final TED Talk of this year’s conference of expert speakers last month, on a particularly star-studded day in Vancouver, Canada, where she followed actress Bryce Dallas Howard, TV producer Michael Schur and Tesla CEO Elon Mus
May 10, 2022 2:04 PM
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