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Stock markets decline for third day in row; S&P/TSX down more than 300 points

Stock markets decline for third day in row; S&P/TSX down more than 300 points

TORONTO — North American stock markets declined for a third straight trading session Tuesday, as the fallout from a surprisingly hawkish speech last week by the chair of the U.S. Federal Reserve continued.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,512.90, down 323.22 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $2.16, or 4.77 per cent, to $43.17 on 32.5 million shares.
Fuel shortages, inclement weather disrupting Canadian North's High Arctic flights

Fuel shortages, inclement weather disrupting Canadian North's High Arctic flights

OTTAWA — An airline that services Canada's North says an ongoing fuel shortage at some airports in the High Arctic and inclement weather are causing significant disruptions to its operations.
In quiet TV week, '60 Minutes' lead the Nielsen ratings

In quiet TV week, '60 Minutes' lead the Nielsen ratings

NEW YORK (AP) — Here are the 20 most popular prime-time television programs for the week of Aug. 22-28, their networks and viewerships, as measured by the Nielsen company: 1. “60 Minutes,” CBS, 6.43 million. 2.
Stocks post another loss as markets worry about higher rates

Stocks post another loss as markets worry about higher rates

NEW YORK — Stocks fell again on Wall Street, posting their third loss in a row as traders worry that high interest rates are here to stay for a while. The S&P 500 fell 1.1% Tuesday, bringing its loss in the past three days to 5.1%.
Musk cites whistleblower as new reason to exit Twitter deal

Musk cites whistleblower as new reason to exit Twitter deal

Tesla CEO Elon Musk and Twitter lobbed more accusations at each other Tuesday over revelations by a Twitter whistleblower, who has taken center stage in Musk’s effort to back out of an agreement to buy the social media platform for $44 billion.
Germany upbeat on energy security; Baltics count on wind

Germany upbeat on energy security; Baltics count on wind

BERLIN (AP) — Germany is well-prepared to tackle a possible energy shortage due to Russia's squeeze on European gas supplies , Chancellor Olaf Scholz declared Tuesday, even as fears grow about the rising prices that will hit consumers across the cont
Maine supreme court breathes new life into power project

Maine supreme court breathes new life into power project

PORTLAND, Maine (AP) — Maine's highest court on Tuesday breathed new life into a $1 billion transmission line that aims to serve as conduit for Canadian hydropower, ruling that a statewide vote rebuking the project was unconstitutional.
Best Buy Q2 results fall amid softening demand for gadgets

Best Buy Q2 results fall amid softening demand for gadgets

NEW YORK (AP) — Best Buy posted lower fiscal second-quarter profits and sales as the nation's largest consumer electronics chain struggled with weakening consumer demand for gadgets and high costs that rippled through its supply chain.
Michele Romanow's Clearco cuts more staff, hands off international business

Michele Romanow's Clearco cuts more staff, hands off international business

TORONTO — Michele Romanow's e-commerce investing company Clearco has laid off 60 employees as it hands off its international business, a month after cutting 25 per cent of its workforce.
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