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Unionized Starbucks stores face hard work of bargaining
It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores.
May 25, 2022 4:59 PM
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Twitter to pay $150M penalty over privacy of users' data
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
May 25, 2022 4:56 PM
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Boeing capsule lands back on Earth after space shakedown
CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard.
May 25, 2022 4:52 PM
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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 (20,383.75, up 97.55 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 25 cents, or 1.1 per cent, to $22.
May 25, 2022 3:20 PM
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Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios
TORONTO — BMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.
May 25, 2022 3:14 PM
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North American stock markets rise in response to Fed rate increase outlook
TORONTO — North American stock markets climbed after minutes from the last Federal Reserve meeting suggested the central bank won't be any more hawkish in aggressively raising interest rates in the months to come.
May 25, 2022 2:59 PM
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OSC withdraws some charges against former CannTrust leaders at pretrial hearing
VAUGHAN, Ont. — Three former CannTrust Holdings Inc. leaders accused of securities offences have had some charges dropped, the Ontario Securities Commission said Tuesday, though the fraud charges remain.
May 25, 2022 2:05 PM
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Fed officials signal rates may head to 'restrictive' levels
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high .
May 25, 2022 1:21 PM
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BMO reports profit up as loan growth continues, expenses also creep higher
TORONTO — BMO Financial Group said Wednesday that loan growth remained strong in the second quarter as businesses kept investing and residential mortgages were up, but that it is also ramping up its risk assessments as economic pressures including in
May 25, 2022 12:15 PM
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After digital asset crash, Canadian crypto companies look to the future
TORONTO — The digital asset industry has seen nearly US$2 trillion in market value wiped out over the last several months — a staggering US$300 billion during the week of May 9 alone — but some crypto watchers see this moment as an opportunity for th
May 25, 2022 12:04 PM
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