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TSX closes at all time high, U.S. markets up after big jump in commodities prices
Canada's main stock exchange closed at an all-time high as commodities like gold and oil benefitted from a weaker U.S. dollar on Thursday. Mike Archibald, vice-president and portfolio manager with AGF Investments Inc.
Jul 29, 2021 3:21 PM
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US economy surpasses pre-pandemic size with 6.5% Q2 growth
WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession.
Jul 29, 2021 1:30 PM
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Molson Coors to quadruple hard seltzer production in Canada as brand mix grows
MONTREAL — Molson Coors Beverage Co.
Jul 29, 2021 1:03 PM
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Senate OKs bill to secure Capitol, help Afghans with visas
WASHINGTON (AP) — An emergency spending bill passed by the Senate 98-0 on Thursday would bolster security at the Capitol and repay outstanding debts from the Jan. 6 insurrection. The $2.
Jul 29, 2021 12:23 PM
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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector
CALGARY — Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and a related commodity price surge provided a lift to Canadian oil and gas producers.
Jul 29, 2021 12:22 PM
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In Robinhood's stock debut, a tumble and then sharp swings
NEW YORK (AP) — Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street, and its initial reception was wild.
Jul 29, 2021 12:20 PM
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Kirkland Lake posts record earnings, production in second quarter
TORONTO — Mining company Kirkland Lake reported record production and earnings in their second quarter, despite a rise in operating costs for selling gold compared to the previous year. The Toronto-based company reported net earnings of US$244.
Jul 29, 2021 10:50 AM
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Biden to allow eviction moratorium to expire Saturday
BOSTON (AP) — The Biden administration announced Thursday it will allow a nationwide ban on evictions to expire Saturday, arguing that its hands are tied after the Supreme Court signaled it would only be extended until the end of the month.
Jul 29, 2021 10:33 AM
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Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence
FORT MILL, S.C. — Domtar Corp. shareholders have overwhelmingly approved a takeover of the paper producer by B.C.-based Paper Excellence. More than 81 per cent of outstanding shares were voted in favour of the merger at a special meeting.
Jul 29, 2021 9:55 AM
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N.L. oil refinery with uncertain future has new buyer interested in renewable fuels
COME BY CHANCE, N.L. — An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer.
Jul 29, 2021 9:55 AM
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