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US jobless claims at 52-year low amid seasonal volatility

US jobless claims at 52-year low amid seasonal volatility

WASHINGTON (AP) — The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year's coronavirus recession.
Kinross signs deal to buy Great Bear Resources and its Dixie gold project in Ontario

Kinross signs deal to buy Great Bear Resources and its Dixie gold project in Ontario

TORONTO — Kinross Gold Corp. has signed an agreement to buy Great Bear Resources Ltd. and its Dixie project in northern Ontario in a deal valued at $1.8 billion in cash and shares.
Company behind proposed Calgary-Banff rail link asks province to kick in

Company behind proposed Calgary-Banff rail link asks province to kick in

CALGARY — Alberta Premier Jason Kenney said Wednesday his government sees potential merit in a proposed $1.
Defense team rests in Elizabeth Holmes fraud trial

Defense team rests in Elizabeth Holmes fraud trial

SAN JOSE, Calif. (AP) — Fallen entrepreneur Elizabeth Holmes has finished her attempt to persuade a jury that she suffered lapses in business judgment but never engaged in fraud while running blood-testing startup Theranos.
Nuvei says short-seller report that prompted share plunge 'intentionally misleading'

Nuvei says short-seller report that prompted share plunge 'intentionally misleading'

MONTREAL — Nuvei Corp. has accused short-seller Spruce Point Capital Management of being "intentionally misleading" by issuing a critical report that caused its shares to plunge 40 per cent on Wednesday.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,077.35, down 85.30 points.) B2Gold Corp. (TSX:BTO). Materials. Up 11 cents, or 2.3 per cent, to $4.90 on 9.3 million shares.
Feds expected to release details of carbon capture tax credit soon, says Cenovus

Feds expected to release details of carbon capture tax credit soon, says Cenovus

CALGARY — Cenovus Energy Inc.
Technology sector falls as S&P/TSX composite snaps two-day rally

Technology sector falls as S&P/TSX composite snaps two-day rally

TORONTO — Canada's main stock index snapped a two-day rally as the technology sector was weighed down by plunging Nuvei Corp. shares following a critical report by a short seller. The S&P/TSX composite index closed down 85.30 points to 21,077.
Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

CALGARY — Premier Jason Kenney used his first address to the Calgary Chamber of Commerce since the start of the pandemic to tout the recovery of Alberta's economy amid high energy prices.
Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama Inc. says it's well-stocked for the busy holiday shopping period despite facing ongoing supply chain issues, inflationary pressure and a tight labour market across Canada.