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Fed attacks inflation with another big hike and expects more
WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressiv
Sep 21, 2022 4:23 PM
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Postmedia to end Monday print edition of nine urban daily newspapers
TORONTO — Postmedia Network Inc., owned by Postmedia Network Canada Corp., says nine of its urban daily newspapers will no longer be printed and delivered on Mondays effective Oct. 17.
Sep 21, 2022 4:03 PM
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AIMCo CEO rejects fossil fuel divestment as investment strategy
CALGARY — The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds should be doing if they want to help solve the climate crisis.
Sep 21, 2022 3:26 PM
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Tech sector says more job cuts to come as Elevate conference gets underway
TORONTO — The Elevate technology conference made its return to Toronto this week with a buzzy spectacle — shutting down several blocks of the Esplanade neighbourhood for a block party with performances from artists like rapper Haviah Mighty and sched
Sep 21, 2022 2:25 PM
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Toronto's Pearson Airport ranks low in customer satisfaction, again: survey
A survey has found Toronto Pearson International Airport ranked among the lowest in customer satisfaction of all major North American airports for the second year running. The J.D.
Sep 21, 2022 1:41 PM
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Milan Fashion Week hears calls for more designer diversity
MILAN (AP) — The Milan Fashion Week that opens Wednesday is showcasing collections by perhaps its most ethnically diverse lineup of designers, including the debuts of the new creative directors of Salvatore Ferragamo and Bally and the return of Haiti
Sep 21, 2022 12:18 PM
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BDC launches $500M investment platform to help boost women-led businesses
TORONTO — BDC has announced the launch of Thrive Venture Fund and Lab for Women, a $500-million investment platform that will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle when try
Sep 21, 2022 12:13 PM
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U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group
TORONTO — A U.K. regulator has assessed a penalty of 50 million pounds against Link Group, the Australian company that Dye & Durham Ltd. is trying to acquire, raising questions about the future of the deal.
Sep 21, 2022 11:59 AM
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US home sales slipped, prices grew more slowly in August
Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.
Sep 21, 2022 11:29 AM
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Teck Resources cutting steelmaking coal sales guidance after equipment failure
VANCOUVER — Teck Resources Ltd. is cutting its steelmaking coal sales guidance after an equipment failure at its Elkview operation in B.C. and a strike at Westshore Terminals.
Sep 21, 2022 9:07 AM
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