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Trump Organization fined $1.6 million for tax fraud

Trump Organization fined $1.6 million for tax fraud

NEW YORK (AP) — Donald Trump’s company was fined $1.
Corus Entertainment reports Q1 profit and revenue down from year ago

Corus Entertainment reports Q1 profit and revenue down from year ago

TORONTO — Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower. The television and radio company says it earned $31.
Cogeco Communications reports Q1 profit and revenue up, trims guidance for full year

Cogeco Communications reports Q1 profit and revenue up, trims guidance for full year

MONTREAL — Cogeco Communications Inc. reported its first-quarter profit and revenue rose compared with a year ago, but the company trimmed its guidance for its full financial year.
Shaw sees revenue, income decline in first quarter of fiscal 2023

Shaw sees revenue, income decline in first quarter of fiscal 2023

CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.
RBC subsidiary in U.S. to pay $31 million redlining settlement

RBC subsidiary in U.S. to pay $31 million redlining settlement

TORONTO — An RBC subsidiary in the U.S. has reached a US$31-million settlement with the Department of Justice over allegations of discrimination by limiting mortgage lending in predominately Black and Latino communities.
Most actively traded companies on the Toronto Stock Exchange

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 (20,211.20, up 186.15): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 42 cents, or 4.22 per cent, to $9.53 on 14.
S&P/TSX composite gains almost one per cent, U.S. markets also rise

S&P/TSX composite gains almost one per cent, U.S. markets also rise

TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.
Banking regulator launches consultations on mortgage rules, proposes additions

Banking regulator launches consultations on mortgage rules, proposes additions

TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.
'Consumer demand is not letting up:' Aritzia posts record sales despite inflation

'Consumer demand is not letting up:' Aritzia posts record sales despite inflation

Canadian fashion brand Aritzia Inc.'s sales momentum continued unabated in its latest quarter, appearing nearly immune to the spending pullback plaguing much of the retail industry amid high inflation.
Wall Street ticks higher as hot US inflation cools further

Wall Street ticks higher as hot US inflation cools further

NEW YORK (AP) — Wall Street closed higher after a report showed inflation slowed again last month. The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%.
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