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US files details of Boeing’s plea deal related to plane crashes. It's in the hands of a judge now

US files details of Boeing’s plea deal related to plane crashes. It's in the hands of a judge now

The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S.
NBA says it has signed new 11-year media rights deal with Disney, NBC and Amazon

NBA says it has signed new 11-year media rights deal with Disney, NBC and Amazon

The NBA signed its 11-year media rights deal with Disney, NBC and Amazon Prime Video on Wednesday after saying it was not accepting Warner Bros. Discovery’s US$1.8 billion per year offer to continue its longtime relationship with the league.
Aecon reports $123.9 million loss in second quarter, revenue down

Aecon reports $123.9 million loss in second quarter, revenue down

TORONTO — Aecon Group Inc. says it lost $123.9 million in the second quarter, down from a profit of $28.2 million a year earlier. The Toronto-based company says revenue totalled $853.8 million, down from $1.
West Fraser second-quarter profits rise from loss last year, sales also up

West Fraser second-quarter profits rise from loss last year, sales also up

VANCOUVER — West Fraser Timber Co. says it earned US$105 million in the second quarter, up from a loss of US$131 million a year earlier. The Vancouver-based company says it saw sales of US$1.7 billion, up from US$1.
B.C. First Nation gets $147M from Ottawa for lost water rights 131 years ago

B.C. First Nation gets $147M from Ottawa for lost water rights 131 years ago

ESK'ET, BRITISH COLUMBIA — The federal government has reached a $147-million settlement with a First Nation in British Columbia over a dispute about water rights that dates back to the late 1800s.
TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TORONTO — Losses in industrial and base metal stocks dragged Canada's main stock index lower Wednesday, while markets in the U.S. slid.
Banks lower prime rates in line with Bank of Canada rate cut

Banks lower prime rates in line with Bank of Canada rate cut

Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the Bank of Canada. The central bank lowered its key interest rate by a quarter percentage point Wednesday to 4.5 per cent.
CrowdStrike blames bug for letting bad data slip through, leading to global tech outage

CrowdStrike blames bug for letting bad data slip through, leading to global tech outage

NEW YORK (AP) — CrowdStrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week's global tech outage that grounded flights, took TV broadcasts off air and
Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2% as Big Tech skids

Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2% as Big Tech skids

NEW YORK (AP) — A wipeout on Wall Street sent U.S. stock indexes to their worst day since 2022 as Big Tech dragged the market lower following profit reports from Tesla and Alphabet. The S&P 500 slumped 2.
'One year faster': Province providing up to $73M to accelerate Gardiner repairs

'One year faster': Province providing up to $73M to accelerate Gardiner repairs

TORONTO — Ontario will provide up to $73 million to help speed up repairs on a busy Toronto highway, so long as work on the Gardiner Expressway can be done around the clock.