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US wholesale inflation picked up in June in sign that some price pressures remain elevated

US wholesale inflation picked up in June in sign that some price pressures remain elevated

WASHINGTON (AP) — Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high.
Payouts for the many over the few: employee ownership trusts take shape in Canada

Payouts for the many over the few: employee ownership trusts take shape in Canada

Three times a year, the 600-or-so employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a cheque for the workers' share of company profits. They all get a cut because they’re all owners.
AT&T 2022 security breach hits nearly all cellular customers and landline accounts with contact

AT&T 2022 security breach hits nearly all cellular customers and landline accounts with contact

A security breach in 2022 compromised the data of nearly all of AT&T’s cellular customers, customers of mobile virtual network operators using AT&T’s wireless network, as well landline customers who interacted with those cellular numbers.
European Union says X's blue checks are deceptive, transparency falls short under social media law

European Union says X's blue checks are deceptive, transparency falls short under social media law

LONDON (AP) — The European Union said Friday that blue checkmarks from Elon Musk's X are deceptive and that the online platform falls short on transparency and accountability requirements, the first charges against a tech company since the bloc's new
Apple launches Vision Pro in Canada, but $5,000 price tag could make people 'pause'

Apple launches Vision Pro in Canada, but $5,000 price tag could make people 'pause'

Canadians can now get their hands on Apple's flashiest piece of technology, but some warn they shouldn’t expect the device to become ubiquitous just yet.
Teck Coal Limited faces five charges for allegedly dumping harmful substances

Teck Coal Limited faces five charges for allegedly dumping harmful substances

CRANBROOK, B.C. — Environment Canada has laid five charges against Teck Coal Limited after the company was alleged to have dumped harmful substances into waters frequented by fish in southeastern B.C.
Retailer Aritzia well on its way to replicating Canadian success in U.S.: CEO

Retailer Aritzia well on its way to replicating Canadian success in U.S.: CEO

Aritzia Inc.'s chief executive says the apparel retailer is making progress in its push to make the brand as popular in the U.S. as it is in Canada.
Cogeco reports profit of $19 million in third quarter as internet subscribers grow

Cogeco reports profit of $19 million in third quarter as internet subscribers grow

MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $19.0 million for its third quarter, up from a loss of $34.5 million a year earlier. The company says revenue was $777.2 million, up from $767.
S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump

S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump

TORONTO — Canada's main stock index rose almost 200 points Thursday, helped by strength in the telecom, utility and energy sectors Meanwhile, U.S. stock markets were mixed as large tech names weighed on Wall St.
Writedowns, slow Canadian rebound weigh on MTY Food Group's second quarter

Writedowns, slow Canadian rebound weigh on MTY Food Group's second quarter

MONTREAL — MTY Food Group Inc. reported its second-quarter profit fell 10 per cent compared with a year ago as its sales edged lower.
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