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National Business
National Business
Aimia CEO Phil Mittleman, president Michael Lehmann leaving company
TORONTO — Aimia Inc. says CEO Phil Mittleman is stepping down after nearly four years at the helm. The Toronto-based holding company says Mittleman is leaving the role of CEO to allow the board to search for a new "operations-focused" replacement.
Jan 11, 2024 6:39 PM
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MPs debate studying cellphone plan hikes as some companies raising prices
MPs gathered Thursday to mull a request for a study on cellphone package price increases as telecom industry watchers say it's clear costs are too high despite indications that prices have come down in recent years.
Jan 11, 2024 6:09 PM
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From housing to energy to food, US inflation picks up, though some costs rise only mildly
WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.
Jan 11, 2024 5:48 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,918.40, down 71.02 points): Bitfarms Ltd. (TSX:BITF). Finance. Down 57 cents, or 14.11 per cent, to $3.47 on 12.4 million shares.
Jan 11, 2024 5:28 PM
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Top Flair Airlines investor says new lawsuit over plane payments 'premature at best'
A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments is "premature at best.
Jan 11, 2024 5:22 PM
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Indigo lays off staff as part of strategic plan, does not specify number of cuts
TORONTO — Indigo Books & Music Inc. has laid off an unspecified number of staff as part of the retailer's ongoing efforts to streamline its operations.
Jan 11, 2024 4:51 PM
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Aritzia stock jumps nearly 21% following latest financial results
VANCOUVER — Aritzia Inc.'s stock rose almost 21 per cent on Thursday as the market responded to the company's latest earnings and several analysts upgraded their rating on the company. Shares in the Vancouver-based retailer closed $5.
Jan 11, 2024 4:46 PM
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TSX posts modest loss Thursday, U.S. markets essentially flat after inflation report
TORONTO — Canada's main stock index posted a modest loss Thursday, weighed down by the financial and utility sectors, while U.S. stock markets were mixed but essentially flat following the latest consumer inflation report in the U.S.
Jan 11, 2024 4:40 PM
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Stock market today: Wall Street drifts to a mixed close after an inflation update
NEW YORK (AP) — Wall Street drifted to a mixed close after an inflation report forced some investors to push back forecasts for when the Federal Reserve will deliver long-sought cuts to interest rates. The S&P 500 ended down 0.
Jan 11, 2024 4:06 PM
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Donald Trump defies judge, gives courtroom speech on tense final day of New York civil fraud trial
NEW YORK (AP) — Barred from giving a formal closing argument, Donald Trump still seized an opportunity to speak in court at the conclusion of his New York civil fraud trial Thursday, unleashing a barrage of attacks in a six-minute diatribe before bei
Jan 11, 2024 2:40 PM
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