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Stock market today: Wall Street drifts as central banks keep raising rates to fight inflation
NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street after central banks around the world showed they’re not done cranking interest rates higher in their fight against inflation. The S&P 500 rose 0.4% Thursday.
Jun 22, 2023 2:10 PM
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CPKC to partner with U.S. railway CSX Corp. on hydrogen locomotives
CALGARY — Canadian Pacific Kansas City is continuing to push ahead with efforts to develop hydrogen power as an alternative fuel source for the railway industry. The Calgary-based company, dubbed CPKC as a result of Canadian Pacific Railway Ltd.
Jun 22, 2023 2:10 PM
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Unifor kicks off grocery talks with 100 per cent strike vote by 'fed up' workers
TORONTO — Unifor says grocery workers have more resolve than ever to achieve higher wages and better working conditions as it heads into a two-year stretch of bargaining for more than a dozen collective agreements.
Jun 22, 2023 1:28 PM
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Biden defends calling Chinese leader Xi a 'dictator' and says he still expects to meet with him
WASHINGTON (AP) — President Joe Biden on Thursday defended his harsh public comments on China, including calling President Xi Jinping a dictator, saying his words would have no negative impact on U.S.
Jun 22, 2023 1:01 PM
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'Our turnaround is now complete': Sobeys parent Empire completes multi-year overhaul
Empire Company Ltd. said Thursday its full-service grocery stores rebounded in its latest quarter as it added more private-label food items, the pace of inflation slowed and the company's multi-year overhaul paid off with customers.
Jun 22, 2023 12:40 PM
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May home sales rise with near record-few on the market and biggest annual price drop since 2011
LOS ANGELES (AP) — Sales of previously occupied U.S.
Jun 22, 2023 12:27 PM
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Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming
SAN FRANCISCO (AP) — Federal regulators on Thursday launched a legal attack on Microsoft's proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to
Jun 22, 2023 12:25 PM
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In the years leading up to retirement, an updated financial plan is key: Experts
TORONTO — As Willi Fleerakkers’ retirement date approaches at a time of inflation and higher interest rates, it's hard for her not to worry — but when she reviews her plan, it helps to ease those concerns.
Jun 22, 2023 10:00 AM
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UK recession fears mount after Bank of England hikes borrowing rates by more than expected
LONDON (AP) — Fears that the British economy is heading for recession mounted sharply Thursday after the Bank of England raised borrowing costs by more than anticipated, seeking to combat stubbornly high inflation with a hike that will hit borrowers
Jun 22, 2023 8:57 AM
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Deloitte study suggests Canadians lack trust in brands' sustainability claims
While most consumers believe in rewarding companies that accurately deliver on sustainability promises, a new study suggests their trust is lacking in the "green" claims made by brands.
Jun 22, 2023 8:06 AM
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