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National Business
National Business
S&P/TSX composite ekes out barest of gains on day but down for the quarter
TORONTO — A volatile trading day capped the quarter as an early rally evaporated to leave the S&P/TSX composite index with the barest of gains, while U.S. markets swung deep into the red.
Sep 30, 2022 5:18 PM
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Stocks end September down 9.3%, worst month since March 2020
NEW YORK — Wall Street closed out a miserable September on Friday with the S&P 500's worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.
Sep 30, 2022 5:17 PM
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Lululemon settles lawsuit against Peloton over alleged patent infringement
Lululemon Athletica Canada Inc. has reached a settlement with Peloton Interactive Inc. over allegations the exercise equipment maker copied several of the apparel company's designs.
Sep 30, 2022 3:45 PM
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West rejects Putin's claim it sabotaged Baltic gas pipelines
COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin on Friday accused the West of sabotaging Russia-built natural gas pipelines under the Baltic Sea to Germany, a charge vehemently denied by the United States and its allies.
Sep 30, 2022 3:39 PM
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Business openings drop by 50 per cent as possible recession looms
TORONTO — New business openings in the second quarter of 2022 were down almost 50 per cent compared with a year ago as economic pressures rise, says credit reporting agency Equifax Inc.
Sep 30, 2022 3:36 PM
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Torstar Corp. co-owner Bitove makes 'no apologies' amid tension with business partner
TORONTO — One of the co-owners of Torstar Corp. said he is making "no apologies" for the way he runs the newspaper business after his partner filed for a court order to wind up its parent company. Nordstar Capital Inc.
Sep 30, 2022 1:37 PM
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A doc from the Disney family takes aim at the Mouse House
NEW YORK (AP) — Abigail E. Disney has been critical of the company that bears her name before. But for the first time, Disney, the granddaughter of co-founder Roy O. Disney, has put her views into the medium the Mouse House was built on: a movie.
Sep 30, 2022 11:33 AM
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Indigenous leaders want corporate reconciliation efforts to extend beyond Sept. 30
TORONTO — Chelsee Pettit spent much of the summer collaborating with designers to create and manufacture apparel reflective of the Indigenous values she hoped would be on people's minds when Canada marks its second National Day for Truth and Reconcil
Sep 30, 2022 11:32 AM
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Algonquin Power & Utilities cuts price it will pay for Kentucky Power by US$200M
OAKVILLE, Ont. — Algonquin Power & Utilities Corp. (AQN) says it has signed a revised deal that cuts the price it will pay for Kentucky Power Co. and AEP Kentucky Transmission Co. Inc. by US$200 million.
Sep 30, 2022 9:38 AM
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UK's Truss meets with fiscal watchdog amid economic crisis
LONDON (AP) — British Prime Minister Liz Truss and her Treasury chief met with the independent Office of Budget Responsibility on Friday amid efforts to ease concerns about unfunded government tax cuts that have unleashed turmoil on financial markets
Sep 30, 2022 8:13 AM
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