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Cogeco reports first-quarter profit and revenue up from year ago mark

Cogeco reports first-quarter profit and revenue up from year ago mark

Cogeco Inc. reported its first-quarter profit rose compared with a year ago as its revenue also climbed, as customers spent more time online during the COVID-19 pandemic. Cogeco said its Canadian broadband revenue grew 2.
TSX falls on lower crude prices amid concerns about reduction in vaccine shipments

TSX falls on lower crude prices amid concerns about reduction in vaccine shipments

TORONTO — Canada's main stock market fell Friday to end the week lower on a drop in oil prices and concerns about a temporary reduction in vaccine shipments from Pfizer. The S&P/TSX composite index closed down 49.06 points to 17,909.
BlackBerry, Facebook resolve patent fight in private deal

BlackBerry, Facebook resolve patent fight in private deal

WATERLOO, Ont. — BlackBerry says it has resolved its disputes with Facebook, after both companies had taken aim at each other's patents.
Retail group: holiday sales up 8.3% amid big spending shift

Retail group: holiday sales up 8.3% amid big spending shift

NEW YORK — The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.

Trevali plans to reopen New Brunswick's Caribou zinc mine but with 150 fewer staff

CALGARY — Trevali Mining Corp. says it plans to reopen its Caribou Mine near Bathurst, N.B.
N.L. offers owners of Terra Nova oilfield $175 million — but only if oil flows again

N.L. offers owners of Terra Nova oilfield $175 million — but only if oil flows again

ST. JOHN'S, N.L. — Newfoundland and Labrador is offering $175 million to the owners of the dormant Terra Nova offshore oilfield, but only if oil starts pumping again.
Wells Fargo 4Q profit rose 4%, tops Street estimates

Wells Fargo 4Q profit rose 4%, tops Street estimates

SILVER SPRING, Md. — Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak.
Xi asks Starbucks' Schultz to help repair US-China ties

Xi asks Starbucks' Schultz to help repair US-China ties

BEIJING — President Xi Jinping is asking former CEO Howard Schultz of Starbucks to help repair U.S.-Chinese relations that have plunged to their lowest level in decades amid a tariff war and tension over technology and security.
Walmart's e-commerce chief to leave after nearly 5 years

Walmart's e-commerce chief to leave after nearly 5 years

NEW YORK — Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon.
Citigroup 4Q profit down 7%, revenue drops by 10%

Citigroup 4Q profit down 7%, revenue drops by 10%

CHARLOTTE, N.C. — Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank saw improvement from the darkest days of the pandemic shutdowns.