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Stock market today: Wall Street drifts amid worries about profits and hopes for a just-right economy

Stock market today: Wall Street drifts amid worries about profits and hopes for a just-right economy

NEW YORK (AP) — Stocks drifted to a mixed close as momentum stalled following Wall Street’s hot first half of November. The S&P 500 rose 0.1% Thursday. The Dow slipped 45 points, and the Nasdaq composite rose less than 0.1%.
Small business owners call on government to take on Amazon, level playing field

Small business owners call on government to take on Amazon, level playing field

TORONTO — An association representing 97,000 of Canada’s small businesses is calling on Ottawa to do more to address Amazon.com Inc.'s dominance.
Workers at 17 No Frills stores in Ontario set Monday strike deadline

Workers at 17 No Frills stores in Ontario set Monday strike deadline

TORONTO — Almost 1,300 workers at 17 No Frills grocery stores in Ontario could be on strike next week, as the union that represents them has set a strike deadline of 12:01 a.m. on Monday.
General Motors becomes 1st of Detroit automakers to seal deal with unionized workers

General Motors becomes 1st of Detroit automakers to seal deal with unionized workers

DETROIT (AP) — United Auto Workers union members have voted to approve a new contract with General Motors, making the company the first Detroit automaker to get a ratified deal that could end a contentious labor dispute and a series of crippling stri
CDPQ investing $200 million in Swedish battery company Northvolt

CDPQ investing $200 million in Swedish battery company Northvolt

MONTREAL — Quebec’s pension fund manager is investing $200 million in Swedish company Northvolt AB which announced plans in September to build a factory for electric vehicle batteries near Montreal.
U.S. applications for jobless claims rise as labor market begins to show some signs of cooling

U.S. applications for jobless claims rise as labor market begins to show some signs of cooling

More Americans filed for jobless claims last week and while the labor market remains broadly healthy, there are growing signs that it may finally be cooling. Applications for unemployment benefits rose by 13,000 to 231,000 for the week ending Nov.
Fire at a coal mining company building in northern China kills 26 and injures dozens

Fire at a coal mining company building in northern China kills 26 and injures dozens

BEIJING (AP) — A fire erupted in a coal mining company building in a northern Chinese city on Thursday, killing 26 people and injuring at least 38, Chinese state media reported.
Online resources can help bridge gap for young investors seeking financial advice

Online resources can help bridge gap for young investors seeking financial advice

TORONTO — While some financial advisers might be unwilling to take on younger clients with small accounts, experts say that shouldn't deter young investors from beginning their financial journey and that online resources can be a good place to start
Frustrated tech leaders call for progress on open banking to increase competition

Frustrated tech leaders call for progress on open banking to increase competition

TORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data.
CMHC says annual pace of housing starts in October up 1% from September

CMHC says annual pace of housing starts in October up 1% from September

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.