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Best Buy cut 5,000 jobs even as sales soared during pandemic
NEW YORK — Best Buy said Thursday that it laid off 5,000 full-time store workers earlier this month, even as the company's sales soared during the pandemic as homebound people bought laptops, TVs and other gadgets.
Feb 25, 2021 5:59 PM
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TD Bank Group sees strong wealth and insurance gains, but closing U.S. locations
TORONTO — TD Bank Group topped expectations as it reported its first-quarter profit rose 10 per cent compared with a year ago. Yet the bank's Toronto-listed shares fell nearly 1.7 per cent to close at $78.
Feb 25, 2021 5:48 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,223.54, down 260.99 points.) ClearStream Energy Services Inc. (TSX:CSM). Energy. Up six cents, or 171.43 per cent, to 9.
Feb 25, 2021 5:42 PM
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Peppa Pig theme park set for Legoland Florida Resort in 2022
WINTER HAVEN, Fla. — A standalone Peppa Pig theme park is set to open next year at the Legoland Florida Resort, park officials announced Thursday.
Feb 25, 2021 5:34 PM
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North American stock markets lower on inflation fear; loonie briefly hits 80 cents US
TORONTO — Major stock indexes in Canada and the U.S. closed lower Thursday as inflation fears swirled and the Canadian loonie rose over 80 cents US before falling back to earth.
Feb 25, 2021 5:31 PM
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Loblaw's discount stores on upswing after 'flight to conventional' stores: president
Loblaw Companies Ltd.'s discount grocery stores are starting to win back market share after consumers flocked to conventional supermarkets at the outset of the pandemic, the company's president said Thursday.
Feb 25, 2021 5:11 PM
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Dairy farmers lobby asks members to stop using palm oil in feed after 'buttergate'
A dairy producers' lobbying group is asking farmers to consider alternatives to palm supplements in livestock feed pending the results of an investigation launched in response to consumers' concerns about perceived changes to the consistency of butte
Feb 25, 2021 4:57 PM
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Game on, again: GameStop surges and no one truly knows why
NEW YORK — Wall Street's GameStop saga won't stop. After weeks of going dormant, shares of GameStop have suddenly shot higher again, rising 18.6% Thursday after surging 75% in the last hour of trading Wednesday.
Feb 25, 2021 4:35 PM
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Banks carve out gains from wealth management, mortgages even as some sectors languish
TORONTO — TD chief executive Bharat Masrani said on Thursday it was “too early to declare victory” against the COVID-19 pandemic — even as TD was one of six Canadian banks that reduced its provisions for bad debt, citing better prospects for the econ
Feb 25, 2021 4:34 PM
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Health innovation needs to return to Canada: Business Council of Canada CEO
TORONTO — The head of the Business Council of Canada is worried about the country's inability to produce vaccines and certain medical supplies, but hopes the pandemic will pressure governments to rectify the situation.
Feb 25, 2021 3:57 PM
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