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National Business
National Business
Judge sets October trial for Musk-Twitter takeover dispute
Elon Musk has lost a fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.
Jul 19, 2022 12:51 PM
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Always keep cash on hand, experts say after massive Rogers outage
Reni Odetoyinbo was one of the millions of Canadians effected by the nationwide Rogers Communication Inc. outage on July 8.
Jul 19, 2022 10:00 AM
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Stocks open higher on Wall Street as more earnings roll in
NEW YORK (AP) — Stocks are opening broadly higher on Wall Street Tuesday as more earnings reports roll in from U.S. companies. The S&P 500 was up 1.2% in the first few minutes of trading. The Dow was up 0.9% and the Nasdaq rose 1.1%.
Jul 19, 2022 9:44 AM
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BHP working to bring Jansen potash mine into operation earlier than expected
SASKATOON — BHP says it is working to bring its Jansen potash mine into operation sooner than expected. The company says it is working to bring forward Stage 1 first production at the Saskatchewan mine to 2026.
Jul 19, 2022 8:25 AM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,595.62, up 201.17 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 42 cents, or 1.1 per cent, to $39.74 on 13.9 million shares.
Jul 18, 2022 5:29 PM
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Energy leads S&P/TSX composite higher while U.S. markets lose early gains
TORONTO — A broad rally led by the energy sector sent Canada's main stock index higher while U.S. markets ran out of gas after getting a morning boost.
Jul 18, 2022 4:37 PM
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Wall Street rally fades as corporate profit reports ramp up
NEW YORK — Stocks closed lower on Wall Street Monday after an early gain evaporated in the afternoon. The choppy trading came at the start of another busy week for profit reports from U.S. companies. The S&P 500 fell 0.8%. The Dow fell 0.
Jul 18, 2022 4:11 PM
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Suncor reaches deal with activist investor, will consider sale of Petro-Canada
Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of "unlocking shareholder value.
Jul 18, 2022 2:58 PM
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Interest rate hike like a 'hammer to housing': BMO senior economist
A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction next year
Jul 18, 2022 1:41 PM
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Precision Drilling buying Canadian well servicing business from High Arctic
CALGARY — Precision Drilling Corp. has signed a deal to buy the Canadian well servicing business of High Arctic Energy Services Inc. for $38.2 million in cash.
Jul 18, 2022 11:57 AM
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