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Statistics Canada reports February retail sales down 0.1% to $66.7 billion

Statistics Canada reports February retail sales down 0.1% to $66.7 billion

OTTAWA — Canadian retail sales edged lower in February, weighed down by lower sales at gasoline stations and fuel vendors. Statistics Canada said Wednesday retail sales fell 0.1 per cent to $66.
The Biden administration is tweaking rules on airline fees and refunds, saying it'll help consumers

The Biden administration is tweaking rules on airline fees and refunds, saying it'll help consumers

The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
The summer after Barbenheimer and the strikes, Hollywood charts a new course

The summer after Barbenheimer and the strikes, Hollywood charts a new course

“ Barbenheimer ” is a hard act to follow.
What a TikTok ban in the US could mean for you

What a TikTok ban in the US could mean for you

No, TikTok will not suddenly disappear from your phone. Nor will you go to jail if you continue using it after it is banned.
Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a
Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature

Senate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature

WASHINGTON (AP) — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S.
CN Rail on track for growth this year, despite Red Sea shipping obstacles: CEO

CN Rail on track for growth this year, despite Red Sea shipping obstacles: CEO

MONTREAL — A stable economic outlook and rising cargo demand bode well for Canadian National Railway Co. this year, executives said, despite the Red Sea crisis dampening container figures on the East Coast.
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.
West Fraser Timber earns US$35 million in first quarter, up from loss last year

West Fraser Timber earns US$35 million in first quarter, up from loss last year

VANCOUVER — West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier. Earnings per diluted share were 42 cents US, compared with a loss of 52 cents during the same quarter last year.
First Quantum reports US$159 million loss in Q1, says balance sheet shored up

First Quantum reports US$159 million loss in Q1, says balance sheet shored up

TORONTO — First Quantum Minerals Ltd. says it lost US$159 million in its first quarter, down from profits of US$75 million a year earlier. However, it's a shallower loss than the US$1.45 billion First Quantum reported in the previous quarter.