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A key US inflation gauge stayed at a high 6.2% in September

A key US inflation gauge stayed at a high 6.2% in September

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily .
Canadian economy grew 0.1% in August, continuing on path of modest growth

Canadian economy grew 0.1% in August, continuing on path of modest growth

OTTAWA — The Canadian economy edged slightlyhigher in August and initial estimates pointed to growth continued in September as worries of an impending recession grow. Statistics Canada said Friday real growth domestic product gained 0.
Federal government posts $3.9B surplus for April-to-August period

Federal government posts $3.9B surplus for April-to-August period

OTTAWA — The federal government posted a surplus of $3.9 billion for the first five months of its 2022-23 fiscal year.
Power utility Fortis reports Q3 profit and revenue up from year ago

Power utility Fortis reports Q3 profit and revenue up from year ago

ST. JOHN'S, N.L. — Fortis Inc. reported its third-quarter profit rose compared with a year ago as its revenue also grew.
AP sources: Musk in control of Twitter, ousts top executives

AP sources: Musk in control of Twitter, ousts top executives

SAN FRANCISCO — Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night.
Cogeco Communications profit rises 9.1% to $104.9 million in fourth quarter

Cogeco Communications profit rises 9.1% to $104.9 million in fourth quarter

MONTREAL — Cogeco Communications Inc. says its net profit in the fourth quarter rose 9.1 per cent to $104.9 million on a boost in revenue. The Montreal-based company says profit attributable to shareholders was the equivalent of $2.
Prosecutors take charge of probe into Baldwin shooting

Prosecutors take charge of probe into Baldwin shooting

SANTA FE, N.M. (AP) — A sheriff's department submitted on Thursday its investigative findings to prosecutors in the death of a cinematographer shot and killed by Alec Baldwin on a film set in New Mexico in October 2021.
Rogers-Shaw merger mediation session fails to yield settlement

Rogers-Shaw merger mediation session fails to yield settlement

TORONTO — Rogers Communications Inc. and Canada's competition watchdog have failed to resolve their differences over the telecom giant's $26-billion proposed takeover of Shaw Communications Inc. following a mediation period and weeks of talks.
Canfor sees income drop, revenues stay steady in Q3

Canfor sees income drop, revenues stay steady in Q3

VANCOUVER — Canfor Corp. saw its net income drop by almost 60 per centin the third quarter of 2022, largely due to a one-time inventory writedown from softening lumber prices. The Vancouver-based company reported $87.
Rogers-Shaw $26-billion proposed deal: a timeline of key events

Rogers-Shaw $26-billion proposed deal: a timeline of key events

Rogers Communications Inc. and Shaw Communications Inc.