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National Business
National Business
US economy slipped 1.6% to start year; return to growth eyed
WASHINGTON (AP) — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported Wednesday in a slight downgrade from its previous estimate for January-March quarter.
Jun 29, 2022 9:57 AM
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EU proposes ban on flavored heated tobacco products
BRUSSELS (AP) — The European Union’s executive branch proposed Wednesday a ban on the sale of flavored heated tobacco products, including some vaping items, as part of its plan to fight cancer.
Jun 29, 2022 7:22 AM
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Corporate sponsorships a powerful tool in advancing social change: Experts
Scotiabank's move to pause its sponsorship of Hockey Canada until the organization takes steps to "improve the culture" within the sport is the latest example of the growing trend among big corporations using their heft to advance social change, expe
Jun 28, 2022 7:28 PM
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FTC sues Walmart for scammers' use of money transfer unit
NEW YORK (AP) — The Federal Trade Commission said Tuesday that it has sued Walmart for allegedly allowing its money transfer services to be used by scam artists who stole “hundreds of millions of dollars" from customers.
Jun 28, 2022 7:01 PM
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Companies pause Hockey Canada sponsorships in wake of sex assault allegations
Some major corporations are putting their Hockey Canada sponsorships on ice. Scotiabank said Tuesday the pause will last until it's confident the right steps are taken to improve the culture within the sport
Jun 28, 2022 6:59 PM
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Official: Upgrades urged at Amtrak crash site, but no action
MENDON, Mo.
Jun 28, 2022 6:37 PM
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Alimentation Couche-Tard takes US$56.2M charge for impairment of Russian assets
LAVAL, Que. — Alimentation Couche-Tard Inc. says it took a US$56.2-million pre-tax charge for the impairment of its Russian subsidiaries.
Jun 28, 2022 6:13 PM
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Imperial, ExxonMobil Canada selling Alberta assets to Whitecap for $1.9 billion
CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion.
Jun 28, 2022 6:02 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 (19,222.74, down 35.58 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up 10 cents, or four per cent, to $2.59 on 14.5 million shares.
Jun 28, 2022 5:26 PM
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Waning consumer confidence, Fed speeches move North American stock markets lower
TORONTO — Waning consumer confidence and Fed warnings about interest rate hikes pushed North American stock markets lower ahead of data Wednesday that could confirm the U.S. is in a technical recession.
Jun 28, 2022 5:06 PM
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