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Stocks end September down 9.3%, worst month since March 2020

Stocks end September down 9.3%, worst month since March 2020

NEW YORK — Wall Street closed out a miserable September on Friday with the S&P 500's worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.
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Lululemon settles lawsuit against Peloton over alleged patent infringement

Lululemon settles lawsuit against Peloton over alleged patent infringement

Lululemon Athletica Canada Inc. has reached a settlement with Peloton Interactive Inc. over allegations the exercise equipment maker copied several of the apparel company's designs.
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West rejects Putin's claim it sabotaged Baltic gas pipelines

West rejects Putin's claim it sabotaged Baltic gas pipelines

COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin on Friday accused the West of sabotaging Russia-built natural gas pipelines under the Baltic Sea to Germany, a charge vehemently denied by the United States and its allies.
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Business openings drop by 50 per cent as possible recession looms

Business openings drop by 50 per cent as possible recession looms

TORONTO — New business openings in the second quarter of 2022 were down almost 50 per cent compared with a year ago as economic pressures rise, says credit reporting agency Equifax Inc.
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Torstar Corp. co-owner Bitove makes 'no apologies' amid tension with business partner

Torstar Corp. co-owner Bitove makes 'no apologies' amid tension with business partner

TORONTO — One of the co-owners of Torstar Corp. said he is making "no apologies" for the way he runs the newspaper business after his partner filed for a court order to wind up its parent company. Nordstar Capital Inc.
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A doc from the Disney family takes aim at the Mouse House

A doc from the Disney family takes aim at the Mouse House

NEW YORK (AP) — Abigail E. Disney has been critical of the company that bears her name before. But for the first time, Disney, the granddaughter of co-founder Roy O. Disney, has put her views into the medium the Mouse House was built on: a movie.
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Indigenous leaders want corporate reconciliation efforts to extend beyond Sept. 30

Indigenous leaders want corporate reconciliation efforts to extend beyond Sept. 30

TORONTO — Chelsee Pettit spent much of the summer collaborating with designers to create and manufacture apparel reflective of the Indigenous values she hoped would be on people's minds when Canada marks its second National Day for Truth and Reconcil
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Algonquin Power & Utilities cuts price it will pay for Kentucky Power by US$200M

Algonquin Power & Utilities cuts price it will pay for Kentucky Power by US$200M

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. (AQN) says it has signed a revised deal that cuts the price it will pay for Kentucky Power Co. and AEP Kentucky Transmission Co. Inc. by US$200 million.
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UK's Truss meets with fiscal watchdog amid economic crisis

UK's Truss meets with fiscal watchdog amid economic crisis

LONDON (AP) — British Prime Minister Liz Truss and her Treasury chief met with the independent Office of Budget Responsibility on Friday amid efforts to ease concerns about unfunded government tax cuts that have unleashed turmoil on financial markets
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Inflation hits record 10% in 19 EU countries using euro

Inflation hits record 10% in 19 EU countries using euro

FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar , signaling a looming winter recession for one of the globe's major economies as higher
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