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Parent of Silicon Valley Bank seeks bankruptcy protection

Parent of Silicon Valley Bank seeks bankruptcy protection

NEW YORK — The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection.
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P.E.I. housing pinch major issue as parties campaign ahead of April 3 vote

P.E.I. housing pinch major issue as parties campaign ahead of April 3 vote

CHARLOTTETOWN — A lack of affordable housing on Prince Edward Island has some questioning whether the province is running out of room for those who want to call it home, making dwindling real estate one of the major issues in the upcoming election.
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Asian shares up after First Republic aid spurs Wall St rally

Asian shares up after First Republic aid spurs Wall St rally

BANGKOK (AP) — Shares advanced Friday in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their latest hunt for troubles in the banking industry.
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Big banks create $30B rescue package for First Republic

Big banks create $30B rescue package for First Republic

NEW YORK (AP) — Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis.
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Dozens of workers reject union at big Nissan Tennessee plant

Dozens of workers reject union at big Nissan Tennessee plant

NASHVILLE, Tenn.
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Hexo reports net loss of $11.1 million in second quarter, lower revenues

Hexo reports net loss of $11.1 million in second quarter, lower revenues

GATINEAU, Que. — Hexo Corp. reported a net loss of $11.1 million in its latest quarter, up from a year earlier, when it reported a loss of $690.3 million, which included $616 million in one-time impairment charges. The Gatineau, Que.
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Pornhub owner MindGeek purchased by private equity firm

Pornhub owner MindGeek purchased by private equity firm

MONTREAL — A new private equity firm based in Ottawa says it has acquired the company behind one of the world's largest pornography sites, Pornhub.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,539.01, up 160.17): Suncor Energy Inc. (TSX:SU). Energy. Down 22 cents, or 0.55 per cent, to $40.05 on 23.2 million shares.
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S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent

S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent

TORONTO — Markets in Canada and the U.S. climbed steadily Thursday in yet another reversal during a volatile week, with tech helping drive strength as well as some signs of recovery in embattled financial stocks.
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Experts, banks look for ideas to stop next bank failure

Experts, banks look for ideas to stop next bank failure

WASHINGTON (AP) — The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market.
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