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National Business
National Business
Best Buy and the reluctant shopper. Sales fall as Americans pull back on spending
NEW YORK (AP) — Best Buy sales and profits slid in the second quarter as the nation's largest consumer electronics chain continues to wrestle with a pullback in spending on gadgets after Americans splurged during the pandemic.
Aug 29, 2023 9:20 AM
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High Liner Foods chief executive Rod Hepponstall stepping down
LUNENBURG, N.S. — High Liner Foods Inc. says chief executive Rod Hepponstall is stepping down. The company says its board has accepted Hepponstall's resignation, effective on or before Jan. 2, 2024.
Aug 29, 2023 9:12 AM
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Biden targets diabetes drug Jardiance, blood thinner Eliquis and 8 others for Medicare price talks
WASHINGTON (AP) — The blood thinner Eliquis and popular diabetes treatments including Jardiance are among the first drugs that will be targeted for price negotiations in an effort to cut Medicare costs.
Aug 29, 2023 8:46 AM
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Unifor Detroit Three autoworkers vote for strike mandate, mirrors U.S. counterpart
TORONTO — Canadian and U.S. autoworkers are both negotiating with the Detroit Three carmakers simultaneously for the first time in 25 years, creating the potential for a co-ordinated strike against one of the major producers.
Aug 28, 2023 5:11 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.14, up 189.39 points): Suncor Energy Inc. (TSX:SU). Energy. Up 43 cents, or 0.96 per cent, to $45.20 on 13.0 million shares.
Aug 28, 2023 4:50 PM
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S&P/TSX composite up almost 200 points Monday, U.S. stock markets also rise
TORONTO — Strength in energy stocks as the price of oil once again topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange Monday, lifting Canada's main stock index almost 200 points, while U.S. stock markets also climbed.
Aug 28, 2023 4:44 PM
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Stock market today: Wall Street gains ahead of busy week of closely-watched economic reports
NEW YORK (AP) — Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 added 0.6% Monday.
Aug 28, 2023 4:09 PM
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Used cars market faces supply crunch in aftermath of supply chain woes
TORONTO — The used car market is still experiencing a shortage of vehicles even as the automotive sector recovers from supply chain woes that have plagued the industry since the onset of the COVID-19 pandemic.
Aug 28, 2023 12:05 PM
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AI in finance attracts younger Canadians, RBC survey shows
TORONTO — A Royal Bank of Canada survey finds younger Canadians are more likely to use artificial intelligence to manage their finances than their older counterparts.
Aug 28, 2023 11:23 AM
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Shoppers to sell Body Shop items as brand makes first expansion beyond its own stores
TORONTO — The Body Shop will begin selling its products at Shoppers Drug Mart stores. The partnership marks the first time the Body Shop's products have been sold outside the company's own brick-and-mortar stores and online shop.
Aug 28, 2023 11:08 AM
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