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National Business
Cascades names Hugues Simon as next CEO, Mario Plourde to retire
KINGSEY FALLS, Que. — Cascades Inc. has named Resolute Forest Products executive Hugues Simon as its next president and CEO. The paper and packaging company says Simon will takeover the new job no later than July 1.
May 16, 2024 8:35 AM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,284.76, up 41.42 points): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.34 per cent, to $50.33 on 14.4 million shares.
May 15, 2024 5:24 PM
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Ontario to change how it compensates injured migrant agricultural workers
TORONTO — Ontario will revamp how it compensates seasonal agricultural workers who are injured on the job, but critics say thousands of other migrant workers are being left out of the changes.
May 15, 2024 4:56 PM
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Self-proclaimed 'crypto king' arrested for fraud: Durham police
Police in the Greater Toronto Area say they've arrested and charged a man who called himself the "crypto king" after an investigation into an alleged investment fraud involving millions of dollars.
May 15, 2024 4:52 PM
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S&P/TSX composite inches higher, U.S. stock markets rally to record highs
TORONTO — Strength in technology and utility stocks helped Canada's main stock index inch higher Wednesday, while U.S. stock markets rallied to new record highs after a pair of reports on inflation and retail sales.
May 15, 2024 4:36 PM
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Stock market today: Wall Street rallies to records after inflation finally slows
NEW YORK (AP) — U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March. The Nasdaq composite added 1.
May 15, 2024 4:04 PM
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Boat strike causes oil spill, partial collapse of bridge between Galveston and Pelican Island, Texas
GALVESTON, Texas (AP) — A barge slammed into a bridge pillar in Galveston, Texas, on Wednesday, spilling oil into surrounding waters and closing the only road to a smaller and separate island that is home to a university, officials said.
May 15, 2024 3:27 PM
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Power restored after squirrel causes outage affecting thousands: Toronto Hydro
Toronto Hydro says power has been restored after a large outage caused by a squirrel impacted thousands of people in the downtown area. The company’s outage map showed the disruption started at 10:23 a.m.
May 15, 2024 2:47 PM
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Google unleashes AI in search, raising hopes for better results and fears about less web traffic
MOUNTAIN VIEW, Calif.
May 15, 2024 1:44 PM
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Nuclear division powers revenue growth at AtkinsRéalis
MONTREAL — AtkinsRéalis enjoyed a thriving nuclear business in its latest quarter, as the engineering firm looks to build on a gradual global transition away from fossil fuels.
May 15, 2024 1:36 PM
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