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Business
Spin Master Q4 revenue up 7.9% but toy maker ended the year down from last year
TORONTO – Spin Master Corp. says revenue during its latest quarter, which covered the key…
Lyft shares rocket 62% over a typo in the company’s earnings release
Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo…
Power Corp. hires veteran Scotiabank executive Jake Lawrence as CFO
TORONTO – Power Corp. of Canada has hired veteran Scotiabank executive Jake Lawrence as its…
Stock market today: Wall Street claws back some of the ground it lost a day earlier
NEW YORK (AP) — Stocks are clawing back some of their sharp losses from the…
Boston Pizza reports $5.2M Q4 profit, raises monthly distributions
VANCOUVER – Boston Pizza Royalties Income Fund raised its monthly payment to unitholders as it…
9 gold mine workers are missing in Turkey after a landslide that carries environmental risks
ISTANBUL (AP) — A huge landslide hit a gold mine in eastern Turkey on Tuesday,…
Holiday shopping, Black Friday hand Shopify US$657M Q4 profit and 24% revenue growth
A flurry of holiday sales saw Shopify Inc. end 2023 with strong revenue growth and…
BC Real Estate Association numbers point to market ‘uptrend’ at beginning of 2024
VANCOUVER – The BC Real Estate Association says there was a nearly 30 per cent…
Bell CEO, other execs called to committee to testify over recent job cuts
OTTAWA – Members of Parliament have invited several top executives from BCE Inc. and Bell…
Intact Financial sees earnings rise in fourth quarter of 2023
TORONTO – Intact Financial Corp. says it earned $531 million in the fourth quarter of…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:…
Conservatives would renegotiate free-trade deal with Ukraine, says MP James Bezan
OTTAWA – A Tory member of Parliament says a future Conservative government would renegotiate Canada’s…
S&P/TSX composite tumbles almost 500 points, U.S. stock markets also fall
TORONTO – Canada’s main stock index lost more than two per cent on Tuesday on…
Stock market today: Wall Street skids after inflation remains stubbornly high
NEW YORK (AP) — Stocks fell sharply after disappointing data on inflation made investors confront…
B.C. police seize $11M worth of contraband cigarettes along with guns, drugs
Police in British Columbia say an investigation spanning several communities has led to the largest…
US inflation slows but remains elevated in sign that price pressures are easing only gradually
WASHINGTON (AP) — Consumer inflation in the United States cooled last month yet remained elevated…
Rural internet providers divided on whether CRTC should expand wholesale fibre access
A national framework that allows smaller internet providers to offer services to customers by using…
Costco executive says company always looking to lower prices, mitigate increases
Costco has decreased the prices of hundreds of items since the start of 2023, according…
Auto parts company Magna International announces share buyback plan
TORONTO – Magna International Inc. says it may buy back up to 300,000 of its…
Tim Hortons parent reports Q4 profit and revenue up but warns of ‘softening’ in China
TORONTO – Restaurant Brands International Inc.’s fourth-quarter income more than doubled from a year ago,…
These companies have laid off Canadian workers in 2024
Canadians are continuing to be laid off as part of a wave of job cuts…
Cascades closing two plants in Ontario, one in Connecticut, 310 jobs affected
KINGSEY FALLS, Que. – Cascades Inc. is closing three plants as part of changes to…
Hydro One reports $181M profit in Q4, revenue up from year earlier
TORONTO – Hydro One Ltd. reported $181 million in fourth-quarter net income attributable to common…
Anger in N.L. after rental company links song ‘I’se the B’y’ with squealing livestock
ST. JOHN’S, N.L. – A Newfoundland folk musician says the company behind the “derogatory” use…