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Consumer prices shot up 0.8% in April as worries escalate

Consumer prices shot up 0.8% in April as worries escalate

WASHINGTON (AP) — A worrisome bout of inflation struck the economy in April, with U.S. consumer prices surging 0.8% and the year-over-year increase reaching its fastest rate since 2008.
Crescent Point Energy reports $21.7M Q1 profit compared with a loss a year ago

Crescent Point Energy reports $21.7M Q1 profit compared with a loss a year ago

CALGARY — Crescent Point Energy Corp. reported a first-quarter profit of $21.7 million compared with a $2.3-billion loss a year ago when oil prices were falling at the start of the pandemic.
Dua Lipa wins big at Brits, urges health worker pay raise

Dua Lipa wins big at Brits, urges health worker pay raise

LONDON (AP) — British singer Dua Lipa called for a “fair” pay raise for U.K. health workers as she was named a double winner at the Brit Awards in London on Tuesday night.
Security chiefs report cyberattacks on business up since remote work enabled

Security chiefs report cyberattacks on business up since remote work enabled

TORONTO — A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work. The report from U.S.
Met Opera strikes deal with chorus ahead of restart

Met Opera strikes deal with chorus ahead of restart

NEW YORK (AP) — The Metropolitan Opera reached a tentative agreement Tuesday on a four-year contract with the American Guild of Musical Artists, one of three major labor deals needed for the New York company to resume performances in September.
Gas stations report shortages as pipeline shutdown drags on

Gas stations report shortages as pipeline shutdown drags on

CHAMBLEE, Ga.

TMX Group boosts dividend 10 per cent after posting higher Q1 revenues, profits

TORONTO — TMX Group Ltd. is boosting its dividend by 10 per cent after reporting strong first-quarter results stemming from robust capital markets activity.
Kinross Q1 net profit surges to US$150 million on 12 per cent increase in revenues

Kinross Q1 net profit surges to US$150 million on 12 per cent increase in revenues

TORONTO — Kinross Gold Corp. says its net income attributable to shareholders surged in the first quarter due to higher price for the precious metal. The Toronto-based miner says it earned US$149.
Aritzia holds on to most fourth-quarter sales due to growth of e-commerce business

Aritzia holds on to most fourth-quarter sales due to growth of e-commerce business

VANCOUVER — Aritzia capped a challenging 2020 by sustaining most of its revenue in the fourth quarter thanks to growth in e-commerce sales despite government-mandated store closures. The Vancouver-based clothing retailer says revenues were $267.
Judge dismisses NRA bankruptcy case in blow to gun group

Judge dismisses NRA bankruptcy case in blow to gun group

DALLAS (AP) — A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business.