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Indigo reports lower sales, net loss in second quarter as customers cut back
TORONTO — Indigo Books & Music Inc. reported a net loss of $22.4 million in its second quarter, compared with a net loss of $15.9 million a year earlier. Revenue for the Toronto-based retailer totalled $206.9 million, down from $236.
Nov 7, 2023 6:03 PM
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Tech community pleased with Alberta move to change rules around 'engineer' title
Canada's tech community is applauding a proposal by the Alberta government that would allow more workers to use the "software engineer" title.
Nov 7, 2023 5:37 PM
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WeWork seeks bankruptcy protection in stunning fall for a company once valued close to $50 billion
NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office-sharing company that once promised to upend the way people went to work around the world.
Nov 7, 2023 5:32 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,575.59, down 168.35 points): Crescent Point Energy Corp. (TSX:CPG). Energy. Down $1.08, or 9.87 per cent, to $9.86 on 14.
Nov 7, 2023 5:16 PM
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Energy stocks drag TSX down as oil falls below US$80, while U.S. markets rise
TORONTO — Losses in the energy sector dragged Canada's main stock index down Tuesday, while U.S. markets rose, led by gains on the Nasdaq. The S&P/TSX composite index closed down 168.35 points at 19,575.59.
Nov 7, 2023 4:57 PM
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Telecoms must up network investments to meet growing demand for mobile data: report
TORONTO — While Canada’s largest telecom company is set to slash spending on its fibre network expansion, industry stakeholders say phone carriers will need to boost their network investments amid forecasts that data consumption could double by 2027.
Nov 7, 2023 4:49 PM
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Stock market today: Wall Street ticks up as falling oil prices and Treasury yields ease the pressure
NEW YORK (AP) — Stocks ticked higher on Wall Street as markets continue to absorb the big swings that have shaken them in recent weeks. The S&P 500 rose 0.3% Tuesday.
Nov 7, 2023 4:04 PM
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Loblaw raises the affordability alarm as grocery code of conduct nears completion
As the grocery code of conduct nears completion, the Canadian industry's biggest player is raising concerns the guidelines could add fuel to the food inflation fire. Loblaw Companies Ltd.
Nov 7, 2023 3:51 PM
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WeWork seeking to exit some Canadian locations as part of bankruptcy filings
TORONTO — WeWork Inc. is seeking an early exit of several Canadian leases as part of bankruptcy proceedings for the once high-flying office sharing company.
Nov 7, 2023 2:33 PM
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Significant update on Pathways Alliance project coming soon: MEG Energy CEO
CALGARY — The CEO of one of the oilsands companies behind the Pathways Alliance says the group expects to provide a significant update on its proposed $16.5-billion carbon capture and storage project within the next couple of months.
Nov 7, 2023 1:20 PM
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