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National Business
National Business
Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.
May 9, 2024 12:25 PM
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Alberta Utilities Commission fines another unlicenced power generator mining bitcoin
EDMONTON — The Alberta Utilities Commission is fining another electricity generator that powered bitcoin mining for operating without a licence. It's at least the third such fine levied in the province over the last year.
May 9, 2024 12:14 PM
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Quebecor reports Q1 profit and revenue up from year ago
MONTREAL — Quebecor Inc. reported its first-quarter profit was up compared with a year ago, helped by strength in its telecommunications business. The company says its net income attributable to shareholders totalled $173.
May 9, 2024 11:58 AM
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Bread loaves recalled in Japan after 'rat remains' were found
TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found.
May 9, 2024 11:50 AM
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WSP Global's acquisition hunt isn't over after ‘consolidation’ phase: CEO
MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.
May 9, 2024 11:38 AM
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S&P/TSX composite up more than 150 points in record-high territory
TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading. The S&P/TSX composite index was up 151.
May 9, 2024 11:38 AM
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Shares of MDA Space fall after posting Q1 profit down from year ago
BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.
May 9, 2024 11:24 AM
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Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.
May 9, 2024 11:05 AM
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Fintrac imposes $6 million fine on cryptocurrency exchange Binance Holdings
OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to register with the agency as a foreign money services business.
May 9, 2024 10:44 AM
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How to find a financial adviser that aligns with your goals, money management style
From certified financial planners to wealth managers, chartered professional accountants to money coaches, there are no shortage of people out there providing financial advice and services.
May 9, 2024 10:00 AM
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