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Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve's attempts to cool it off. U.S.
Jul 27, 2023 2:45 PM
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S&P/TSX composite down Thursday on broad-based weakness, U.S. markets also lower
TORONTO — Canada's main stock index was down almost 200 points Thursday amid broad-based weakness led by telecom and utilities stocks, while U.S. markets also moved lower.
Jul 27, 2023 2:42 PM
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Aecon stocks plunge as legacy projects drag down earnings, despite swing to profit
Aecon Group Inc. saw its stock value nosedive Thursday after quarterly earnings showed legacy construction projects continue to drag down earnings, despite a swing to profit. The share price of the construction contractor fell by $2.
Jul 27, 2023 2:09 PM
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Stock market today: Wall Street's rally runs out of gas
NEW YORK (AP) — Wall Street closed lower, its big rally losing momentum despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy. The S&P 500 fell 0.
Jul 27, 2023 2:06 PM
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Casino mogul Steve Wynn fined $10M to end Nevada fight over claims of workplace sexual misconduct
LAS VEGAS (AP) — Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped shape in Las
Jul 27, 2023 1:59 PM
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Cenovus reports second quarter profits down, lowers upstream production guidance
CALGARY — Cenovus Energy has been able to restore almost all of its output in northwest Alberta it temporarily curtailed due to wildfires in May and June, but the company has still had to lower its overall production guidance for the year because of
Jul 27, 2023 12:20 PM
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Freedom Mobile adding 5G service for plans over $45 per month
TORONTO — Freedom Mobile is adding 5G capability for some customers as its new parent company implements network upgrades in accordance with orders from Ottawa. The Quebecor Inc.
Jul 27, 2023 12:19 PM
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Teck Resources says still evaluating options on coal business sale
Teck Resources Ltd. is making progress in evaluating the various offers put forward by prospective buyers of its steelmaking coal business, the Vancouver-based mining company said Thursday.
Jul 27, 2023 11:05 AM
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Precision Drilling reports $26.9 million profit in Q2 as company reduces debt
CALGARY — Precision Drilling Corp. reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.
Jul 27, 2023 9:16 AM
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Halal finance options have expanded in recent years, but demand outstrips supply
When Imad Ansari wanted to start investing around 15 years ago, his options were limited. As a practicing Muslim, Ansari wanted to make sure his investments were halal, meaning that they followed Islamic rules.
Jul 27, 2023 8:04 AM
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