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Air Canada aims to hire 350 pilots ahead of eventual Boeing 737 Max return

Air Canada aims to hire 350 pilots ahead of eventual Boeing 737 Max return

MONTREAL — Air Canada says it plans to hire 350 pilots next year in anticipation of the return of the Boeing 737 Max, whose grounding continues to weigh on Canada's largest airline.
Canopy expects new pot goods on shelves in late 2019, including distilled pot

Canopy expects new pot goods on shelves in late 2019, including distilled pot

Canopy Growth Corp. expects to have about 30 pot-infused products on the market by the end of the year, including distilled cannabis to be used in mixed drinks. The Smiths Falls, Ont.
Coal giant Murray Energy seeks bankruptcy protection

Coal giant Murray Energy seeks bankruptcy protection

CHARLESTON, W.Va. — A major U.S. coal mining company is seeking bankruptcy protection, despite a flurry of regulatory breaks that its CEO pushed for — and received — from the Trump administration.
Report: Saudi Aramco shares to start trading in December

Report: Saudi Aramco shares to start trading in December

RIYADH, Saudi Arabia — A long-delayed initial public offering of the state-run oil giant Saudi Aramco will see its shares traded on Riyadh's stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom's showcase i

Boeing CEO faces questions over 737 Max plane involved in two crashes

Boeing CEO Dennis Muilenburg faced tough questioning from senators on Tuesday about two crashes of 737 Max jets and whether the company concealed information about a critical flight system from regulators.
Shopify reports US$72.8M third-quarter loss, revenue up 45 per cent

Shopify reports US$72.8M third-quarter loss, revenue up 45 per cent

OTTAWA — Shopify Inc. says its loss grew in the last quarter to US$72.8 million as it ramped up spending on capacity and service offerings, while revenue grew 45 per cent compared with a year ago.
Here's the single phrase to watch for from the Fed this week

Here's the single phrase to watch for from the Fed this week

WASHINGTON — Economists and investors who are trying to get a fix on what the Federal Reserve may do in the months ahead have zeroed in on a single phrase in the statement it has issued after its most recent policy meetings.
GM 3Q profit falls 7% as auto workers strike cuts production

GM 3Q profit falls 7% as auto workers strike cuts production

DETROIT — Only two weeks of a lengthy strike against General Motors took place in the third quarter, but that was enough to dent the company's net profit by about $1 billion.
Pending home sales reached a 21-month high in September

Pending home sales reached a 21-month high in September

WASHINGTON — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.
US consumer confidence falls for third consecutive month

US consumer confidence falls for third consecutive month

WASHINGTON — U.S. consumer confidence has fallen for a third consecutive month as optimism about job prospects and business conditions down the road grow weaker. The Conference Board said Tuesday that its consumer confidence index edged down to 125.