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Federal officials order grounding of Boeing 737-9 Max jetliners after a plane suffers a blowout

Federal officials order grounding of Boeing 737-9 Max jetliners after a plane suffers a blowout

PORTLAND, Ore. — Federal officials on Saturday ordered the immediate grounding of Boeing 737-9 Max jetliners after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,937.55, up 66.20 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 44 cents, or 0.51 per cent, to $86.08 on 15.2 million shares.
Red Sea attacks could have ripple effect on shippers — and consumers — in Canada

Red Sea attacks could have ripple effect on shippers — and consumers — in Canada

MONTREAL — Canadian shippers and consumers could soon be feeling the ripple effect of attacks on cargo vessels in the Red Sea, as freight rates rise and delivery times lengthen.
Jarislowsky Fraser to back Browning West request for Gildan shareholder meeting

Jarislowsky Fraser to back Browning West request for Gildan shareholder meeting

MONTREAL — Investment manager Jarislowsky Fraser says it will support a move by U.S. investment firm Browning West to replace five directors at Gildan Activewear Inc. in an ongoing fight over who should lead the company.
S&P/TSX composite closes higher Friday, U.S. stock markets also post small gain

S&P/TSX composite closes higher Friday, U.S. stock markets also post small gain

TORONTO — Canada's main stock index posted a small gain Friday, closing out the first trading week of 2024, while U.S. markets also ended the day marginally higher. The first week of 2024 broke Wall St.’s nine-week winning streak.
Union suspends strike action as Viterra offers workers new four-year offer

Union suspends strike action as Viterra offers workers new four-year offer

REGINA — A looming strike action for Saskatchewan workers at Viterra has been suspended after the grain marketing giant gave the union a revised offer.
Stock market today: Wall Street inches higher but still marks its first losing week in the last 10

Stock market today: Wall Street inches higher but still marks its first losing week in the last 10

NEW YORK (AP) — Wall Street drifted to a higher close but still marked its first losing week in the last 10.
Consumer and business insolvencies continued to rise in November

Consumer and business insolvencies continued to rise in November

Insolvencies in November were 5.1 per cent higher than in October, and 24.4 per cent higher than a year earlier.
Canada adds just 100 jobs in December as unemployment rate holds steady at 5.8%

Canada adds just 100 jobs in December as unemployment rate holds steady at 5.8%

OTTAWA — Job growth stalled in December as the total number of jobs in Canada was virtually unchanged for the month and the unemployment rate held steady at 5.8 per cent for the final month of the year.
US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.