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Cogeco Q1 profit down from year earlier, revenue also edged lower

Cogeco Q1 profit down from year earlier, revenue also edged lower

MONTREAL — Cogeco Inc. reported its first-quarter profit fell compared with a year earlier as its revenue also edged lower. The company reported a profit attributable to owners of the corporation of $34.5 million or $2.
Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or e
Aritzia looking to new stores to boost business as it reports Q3 net income drop

Aritzia looking to new stores to boost business as it reports Q3 net income drop

Executives at Aritzia Inc. are leaning on a slew of new and upcoming stores to help boost business in its upcoming fiscal year.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,989.42, up 18.44 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.17, or 1.41 per cent, to $81.90 on 8.4 million shares.
TSX ekes out gain Wednesday, U.S. stocks also gain ahead of inflation data

TSX ekes out gain Wednesday, U.S. stocks also gain ahead of inflation data

TORONTO — Canada's main stock index eked out a gain Wednesday, weighed down by weakness in energy and metals, while U.S. markets rose ahead of the much-anticipated inflation data coming Thursday, and the start to earnings season on Friday.
Stock market today: Wall Street nears record high as markets prep for an inflation report

Stock market today: Wall Street nears record high as markets prep for an inflation report

NEW YORK (AP) — Wall Street neared a record high ahead of a highly anticipated report on inflation, which could show whether all the excitement that’s vaulted stocks higher recently is warranted. The S&P 500 rose 0.6% Wednesday and is just 0.
Canadian class action against Apple has opt out deadline today

Canadian class action against Apple has opt out deadline today

VANCOUVER — Canadians have until later today to opt out of a class-action lawsuit that could see Apple pay up to $14 million collectively to some iPhone users. The class action filed in 2018 against defendants Apple Inc. and Apple Canada Inc.
Engine maker Cummins to repair, replace 600,000 Ram trucks in $2 billion emissions cheating scandal

Engine maker Cummins to repair, replace 600,000 Ram trucks in $2 billion emissions cheating scandal

The Department of Justice has ordered a recall of 600,000 Ram trucks as part of a settlement that directs engine maker Cummins Inc.
California governor wants reserves and cuts to fix nearly $38B deficit, mostly sparing schools

California governor wants reserves and cuts to fix nearly $38B deficit, mostly sparing schools

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit.
Bombardier scores win with U.S. army after being shut out of Canada bid

Bombardier scores win with U.S. army after being shut out of Canada bid

WASHINGTON — The U.S. army says Bombardier Inc. has won a contract to supply up to three Global 6500 business jets for conversion into a spy plane prototype.