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National Business
National Business
Stocks rally, driving Wall Street to a rare winning week
Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years. The benchmark index also ended the week 6.4% higher, erasing the brutal loss it took a week earlier
Jun 24, 2022 1:12 PM
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Rogers, Shaw, Competition Bureau agree to mediation process on $26 billion deal
OTTAWA — Rogers Communications Inc., Shaw Communications Inc. and the Competition Bureau have agreed to participate in a mediation process next month regarding the companies' $26-billion merger.
Jun 24, 2022 1:04 PM
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Job vacancies grow in April to just over one million, wages rise in tight market
OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says the number of job vacancies at the beginning of April hit just over one million, up more than 40 per cent compared with a year earlier, as the tight labour market helps push up wages and fuels inflation concerns.
Jun 24, 2022 11:17 AM
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Giffords documentary comes as gun debates stay center stage
In the two years documentary filmmakers shadowed former Congresswoman Gabby Giffords, the most jarring moment for them was in the kitchen of her Tucson, Arizona, home. As cameras were rolling, she and her husband, Sen.
Jun 24, 2022 10:57 AM
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From Roots to sa¹ú¼Ê´«Ã½ Goose, Canadian retailers use collaborations to woo customers
Roots Corp. has been doing collaborations since before they were cool. Just ask Karl Kowalewski, head of the Canadian brand’s leather factory since the company was founded nearly 50 years ago.
Jun 24, 2022 10:08 AM
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Bausch Health names hedge fund manager John Paulson as chairperson
LAVAL, Que. — Bausch Health Companies Inc. says hedge fund manager John Paulson has been named chairperson of its board of directors, replacing Joseph Papa. Paulson is president and portfolio manager of Paulson & Co. Inc.
Jun 24, 2022 7:18 AM
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Ukrainian army to leave battered city to avoid encirclement
KYIV, Ukraine (AP) — After weeks of ferocious fighting , Ukrainian forces will retreat from a besieged city in the country's east to avoid encirclement, a regional governor said Friday.
Jun 24, 2022 6:40 AM
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EU leaders tackle inflation, energy shocks from Russia's war
BRUSSELS (AP) — A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and th
Jun 24, 2022 5:07 AM
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Asian shares gain, tracking Wall Street advance
BANGKOK (AP) — Shares were higher in Asia on Friday, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses. Tokyo's Nikkei 225 index added 0.9% to 26,411.
Jun 23, 2022 9:38 PM
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Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million
WATERLOO, ONTARIO. — BlackBerry Ltd. says its net loss tripled in the first quarter to US$181 million primarily due to the settlement of a 2013 shareholder class action lawsuit over its BlackBerry 10 smartphones. The Waterloo, Ont.
Jun 23, 2022 3:03 PM
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