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S&P/TSX composite up more than 150 points, U.S. stock markets fall
Canada's main stock index differentiated itself from sliding U.S. markets Thursday, gaining more than 150 points on the back of better-than-expected quarterly results from Royal Bank and CIBC. The S&P/TSX composite index was up 173.
May 30, 2024 2:12 PM
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Stock market today: Most of Wall Street rises, but indexes dip on Salesforce's worst day in 20 years
NEW YORK (AP) — Most U.S. stocks rose following mixed profit reports from big companies and signals that the economy may be cooling, but the worst day for Salesforce’s stock in nearly 20 years helped drag indexes lower. The S&P 500 sank 0.
May 30, 2024 1:09 PM
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Banks wrap quarter that saw more money set aside as consumer strain grows
TORONTO — CIBC and Royal Bank wrapped a round of second-quarter bank earnings on Thursday that showed rising but manageable consumer strain.
May 30, 2024 12:49 PM
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Former BoC governor Stephen Poloz warns on low business investment, lost productivity
TORONTO — Stephen Poloz is concerned about investment levels in Canada’s private sector, which he says has been dampened by higher government spending and volatility in U.S. trade relations.
May 30, 2024 12:06 PM
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B.C. government to pay for COVID-19 drug Paxlovid after feds drop coverage
VICTORIA — British Columbia will cover the cost of an antiviral drug aimed at treating mild to moderate cases of COVID-19 as the federal government ends its coverage. A statement from B.C.
May 30, 2024 10:10 AM
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Brookfield in talks to buy French renewable power company Neoen
TORONTO — Brookfield is in talks to acquire a majority stake in French renewable power developer Neoen, with plans to buy the remaining interest in the company, if it is successful in reaching a deal.
May 30, 2024 9:49 AM
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RBC reports Q2 profit up, returning more cash to shareholders after closing HSBC deal
TORONTO — Royal Bank of Canada says it's rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition. The bank said Thursday it will now pay a quarterly dividend of $1.
May 30, 2024 9:11 AM
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One Tech Tip: Want to turn off Meta AI? You can't - but there are some workarounds
SAN FRANCISCO (AP) — If you use Facebook, WhatsApp or Instagram, you've probably noticed a new character pop up answering search queries or eagerly offering tidbits of information in your feeds, with varying degrees of accuracy.
May 30, 2024 8:21 AM
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Supreme Court clears the way for the NRA’s free speech lawsuit against an ex-New York official
WASHINGTON (AP) — The Supreme Court on Thursday cleared the way for a National Rifle Association lawsuit against a former New York state official over claims she violated its free-speech rights.
May 30, 2024 7:43 AM
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BMO restores online banking services after technical problem overnight
TORONTO — BMO says it has restored its online banking services for customers after a technical problem overnight. The bank says it experienced a service disruption due to a false fire alarm at one of its data centres.
May 30, 2024 7:10 AM
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