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Stocks fall, indexes slip deeper into the red for the week
NEW YORK — Stocks closed lower on Wall Street, putting major indexes deeper in the red for the week. The S&P 500 fell 1.1% on Thursday.
Sep 15, 2022 4:09 PM
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Grocery store inflation may have peaked as food supplier cost increases ease: Sobeys
Grocery store inflation may have peaked in Canada as price increases from food manufacturers stabilize, the head of Empire Company Ltd. said Thursday.
Sep 15, 2022 3:56 PM
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Air Canada signs deal to buy 30 electric-hybrid aircraft from Heart Aerospace
Air Canada has signed a deal to buy 30 electric-hybrid aircraft currently under development by a Swedish company.
Sep 15, 2022 3:24 PM
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GM plans $491M Indiana plant upgrade to help support EVs
DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles.
Sep 15, 2022 2:16 PM
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Canadian home prices will fall with fewer sales expected in 2022: CREA
The Canadian Real Estate Association (CREA) is cutting its forecast for home sales this year and lowering its expectations for price growth as some of the country's hottest markets cool from their pandemic highs.
Sep 15, 2022 1:27 PM
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Chorus Aviation announces new president and CEO as Joseph Randell retires
HALIFAX — Chorus Aviation Inc.’s board of directors has announced a new president and CEO. The company's founder, Joseph Randell announced his plan to retire in a news release Wednesday following a 37-year career in the regional aviation sector.
Sep 15, 2022 12:36 PM
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'Now 15 per cent is rude:' Tipping fatigue hits customers as requests rise
The tipping point for Caitlin Green came when she was buying infant formula. "I was asked to tip for an online order of baby formula," said Green, a new mom and radio announcer in Toronto. "I wasn't using Instacart or tipping someone for delivery.
Sep 15, 2022 10:11 AM
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'You're on your own:' Working parents scrambling after schools closed to honour Queen
Workers are scrambling to find last-minute child care across much of Canada after governments announced the sudden closure of schools to mourn Queen Elizabeth.
Sep 15, 2022 10:00 AM
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Retail sales up 0.3% in Aug. from July amid inflation
NEW YORK (AP) — Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food took a toll on family budgets. U.S. retail sales rose an unexpected 0.3% last month after falling 0.
Sep 15, 2022 9:19 AM
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Oil and gas stocks make up bulk of the TSX's top performers in 2022
CALGARY — A newly released ranking of the Toronto Stock Exchange's top performers shows just how dominant Canadian oil and gas stocks have been in 2022 thanks to surging global energy demand and sky-high commodity prices.
Sep 15, 2022 8:53 AM
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