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National Business
Plaque to mark safe return of 'Lucky 7' Newfoundland fishers after days adrift at sea
ST. JOHN'S — The Newfoundland and Labrador government is installing a bronze plaque to commemorate the safe return of seven fishermen who survived days at sea in a life-raft after their vessel went down in flames last year.
May 1, 2025 8:30 AM
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McDonald's store traffic falls unexpectedly as diners grow uneasy about economy
McDonald’s store traffic fell further than expected in the first quarter as economic uncertainty weighed on diners. The trouble was particularly acute in the U.S., where same-store sales — or sales at locations open at least a year — slumped 3.6%.
May 1, 2025 8:01 AM
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RCMP in eastern Newfoundland take over search for pilot of downed small plane
ST. JOHN'S — The RCMP have taken over the search for a pilot reported missing after his small aircraft crashed in the Atlantic Ocean off the east coast of Newfoundland on Tuesday morning.
May 1, 2025 7:28 AM
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Wild market swings make planning and safe havens important for investors
OTTAWA — Stock markets have taken a wild ride in recent weeks as U.S. President Donald Trump's on-again, off-again tariffs have created massive uncertainty for companies and the economy at large.
May 1, 2025 7:00 AM
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The number of Americans filing for jobless claims jumps last week, but remains at healthy levels
U.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range despite increasing fears of a tariff-induced economic slowdown.
May 1, 2025 5:50 AM
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Great-West Lifeco CEO Paul Mahon to retire, will be succeeded by David Harney
WINNIPEG — Great-West Lifeco Inc. says its president and CEO Paul Mahon is set to retire July 1 and will be succeeded by David Harney. Mahon has spent 39 years with the company, including the past 12 as its chief executive.
May 1, 2025 5:30 AM
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Thomson Reuters reports US$434M Q1 profit as revenues edge higher
TORONTO — Thomson Reuters says its profit fell in its latest quarter as revenues edged higher. The company, which keeps its books in U.S. dollars, reported a first-quarter profit of US$434 million, down from US$478 million a year ago.
May 1, 2025 4:57 AM
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McDonald's store traffic falls unexpectedly as diners grow uneasy about economy
McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners. The burger giant’s same-store sales, or sales at locations open at least a year, fell 1% globally in the January-March period.
May 1, 2025 4:13 AM
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Couche-Tard signs non-disclosure agreement with Seven & i amid takeover discussions
LAVAL — Alimentation Couche-Tard Inc. says it has signed a non-disclosure agreement with Seven & i Holdings Co. Ltd. amid its pursuit to acquire the Japanese parent company of 7-Eleven.
May 1, 2025 3:52 AM
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Border Insecurity: Canadian musicians face volatile tour life under Trump
TORONTO — Canadian country singer Robert Adam recorded their new album in Nashville, but under the political tumult of U.S. President Donald Trump, the musician doesn’t plan to travel stateside to promote it.
May 1, 2025 1:00 AM
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