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Stock market today: Wall Street falls after the bond market cranks up the pressure again

Stock market today: Wall Street falls after the bond market cranks up the pressure again

NEW YORK (AP) — Stocks fell on Wall Street as the pressure cranked higher from the bond market again. The S&P 500 lost 0.8% Thursday. The Dow fell 220 points, and the Nasdaq composite gave back 0.9%.
Crabby business: N.L. fisheries worker charged with accepting 'pans of crab' as bribe

Crabby business: N.L. fisheries worker charged with accepting 'pans of crab' as bribe

STEPHENVILLE, N.L. — A contractor working for the federal Fisheries Department in Newfoundland and Labrador is accused of accepting bribes of seafood.
Air sa¹ú¼Ê´«Ã½ CEO apologizes for accessibility barriers, rolls out new measures

Air sa¹ú¼Ê´«Ã½ CEO apologizes for accessibility barriers, rolls out new measures

MONTREAL — Air sa¹ú¼Ê´«Ã½ CEO Michael Rousseau has apologized for the airline's accessibility shortfalls and announced new measures to improve the travel experience for hundreds of thousands of passengers living with a disability.
Powell reinforces Fed's cautious approach toward further interest rate hikes

Powell reinforces Fed's cautious approach toward further interest rate hikes

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual pace.
'Timing couldn't have been better': Cineplex hails actors strike end after record Q3

'Timing couldn't have been better': Cineplex hails actors strike end after record Q3

TORONTO — sa¹ú¼Ê´«Ã½â€™s largest movie chain had plenty of reasons to celebrate on Thursday. On top of Cineplex Inc.
Quebecor reports Q3 profit and revenue up from year ago as Freedom drives growth

Quebecor reports Q3 profit and revenue up from year ago as Freedom drives growth

Quebecor Inc.'s purchase of Freedom Mobile earlier this year continues to drive growth as it works to solidify itself as sa¹ú¼Ê´«Ã½'s fourth national carrier, chief executive Pierre Karl Péladeau said Thursday.
Suncor says still hunting for cost savings after wave of job cuts

Suncor says still hunting for cost savings after wave of job cuts

CALGARY — Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push.
Hollywood's strikes are both now over as actors reach deal with studios, return to work with writers

Hollywood's strikes are both now over as actors reach deal with studios, return to work with writers

LOS ANGELES (AP) — On Thursday, for the first time in more than six months, neither Hollywood's actors nor its writers will be on strike.
Canadian Tire cuts about 3% of workforce as customer spending slows

Canadian Tire cuts about 3% of workforce as customer spending slows

TORONTO — Canadian Tire Corp. Ltd. has cut about three per cent of its workforce in its fourth quarter as tougher economic times weigh on consumer's willingness to spend.
Canadians should plan for higher rates in the long run, BoC’s Rogers says

Canadians should plan for higher rates in the long run, BoC’s Rogers says

VANCOUVER — Bank of sa¹ú¼Ê´«Ã½ senior deputy governor Carolyn Rogers is warning interest rates might not return to the low levels people were used to before the COVID-19 pandemic.