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Appeals court upholds decision to block Anthem bid for Cigna

Appeals court upholds decision to block Anthem bid for Cigna

WASHINGTON — A federal appeals court on Friday left in place a decision blocking Blue Cross-Blue Shield insurer Anthem's bid to buy rival Cigna, saying that a bigger company is not better for consumers.
Power Corp co-CEO taking medical leave, will return by end of year

Power Corp co-CEO taking medical leave, will return by end of year

MONTREAL — Power Corporation of Canada co-CEO Andre Desmarais is taking a temporary medical leave from his day-to-day activities at the Montreal-based holding company.
Experts: Long road ahead for Trump offshore drilling order

Experts: Long road ahead for Trump offshore drilling order

President Donald Trump's executive order seeking to find new ocean expanses in the Atlantic and the Arctic for offshore drilling is unlikely to reach its goals anytime soon, but instead will kick off a yearslong review and a legal battle.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,586.13, up 79.66 points): Royal Bank of Canada (TSX:RY). Bank. Down 19 cents, or 0.20 per cent, to $93.47 on 6.9 million shares. Bombardier Inc.

Toronto stock market rises nearly 80 points as New York indices fall

TORONTO — Canada's main stock index advanced nearly 80 points Friday, offsetting much of Thursday's triple-digit loss, on the back of strong earnings from a number of companies. The Toronto Stock Exchange's S&P/TSX composite index advanced 79.

A look at what minimum-wage workers get paid across Canada

The Manitoba government is set to announce a new minimum wage after a labour-management committee failed to reach a consensus on what should happen to the $11 hourly rate.

Cameco posts bigger Q1 loss than expected as uranium market rut drags on

SASKATOON — Cameco Corp. (TSX:CCO) posted a worse-than-expected first-quarter loss Friday as it felt the latest effects of the Fukushima Daiichi nuclear disaster that occurred in 2011.
US economy expanded at weakest pace in 3 years

US economy expanded at weakest pace in 3 years

WASHINGTON — The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending.

Home Capital troubles may translate to higher interest rates for some borrowers

TORONTO — Troubles at Home Capital Group may translate to higher mortgage rates for less creditworthy borrowers if concerns about the sector increase funding costs for other subprime lenders, experts say.
Alex Acosta sworn in as US labour secretary

Alex Acosta sworn in as US labour secretary

WASHINGTON — Vice-President Mike Pence swore in Alex Acosta as the nation's new labour secretary Friday, filling out President Donald Trump's Cabinet as he approaches his 100th day in office.