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Stocks fluctuate as investors digest threat of Trump trade war

cbc news - Fri, 03/02/2018 - 12:46

Stock markets in North America recovered from steep losses seen earlier in the day on Friday as fears of a global trade war triggered by U.S. President Donald Trump's plan of hefty tariffs on steel and aluminum started to wane.

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Bank of England chief Mark Carney slams cryptocurrencies; urges action

cbc news - Fri, 03/02/2018 - 11:03

Bank of England Governor Mark Carney has launched a withering attack on cryptocurrencies such as bitcoin Friday and urged regulators around the world to monitor them in the same way as other financial assets.

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Trump doubles down on tariff talk, tweets trade wars are 'good' and U.S. will 'win'

cbc news - Fri, 03/02/2018 - 09:47

U.S. President Donald Trump on Friday insisted "trade wars are good, and easy to win," a bold claim that is already finding opposition among trading countries.

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Canadian GDP expanded at 1.7% annual pace in fourth quarter

cbc news - Fri, 03/02/2018 - 08:48

The pace of growth in Canada's economy slowed down at the end of 2017, expanding at an annual pace of just 1.7 per cent in the last three months of the year.

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CBC hidden camera investigation captures misleading sales tactics for Bell

cbc news - Fri, 03/02/2018 - 04:00

Marketplace and Go Public teamed up for a hidden camera investigation into Canada’s largest telecom, capturing deceiving sales pitches for Bell as door-to-door sales reps repeatedly misled customers.

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MEC falls victim to a consumer attack on guns that is powerful but capricious: Don Pittis

cbc news - Fri, 03/02/2018 - 04:00

Mountain Equipment Co-op caves in to consumer pressure but the threat of boycotts, while powerful, remains a blunt instrument.

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Buyers strike 'potential deal' to save Weinstein Co. from bankruptcy

cbc news - Thu, 03/01/2018 - 19:25

A group of investors says it has revived a deal to buy assets of the Weinstein Co., potentially saving the beleaguered studio from bankruptcy.

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Stock markets sell off after Trump talk on steel tariffs

cbc news - Thu, 03/01/2018 - 14:42

New fears about trade wars pushed stock markets into the red on Thursday after U.S. President Donald Trump said he would slap tariffs on steel and aluminum — moves that many industries say will raise prices and cost jobs.

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TD hikes dividend on 15% profit rise, beating expectations

cbc news - Thu, 03/01/2018 - 10:49

TD Bank's adjusted earnings came in ahead of analyst estimates Thursday, rising 15 per cent from the year-earlier period after excluding the impact of U.S. tax reform and other items.

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Trump says U.S. will impose tariffs of 25% for steel, 10% for aluminum

cbc news - Thu, 03/01/2018 - 10:11

U.S. President Donald Trump has announced hefty new tariffs for imports of steel, at 25 per cent, and 10 per cent for aluminum that are to be implemented next week in his attempt to boost U.S. manufacturers.

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MEC says it will stop selling products from gun, ammo maker Vista Outdoor

cbc news - Thu, 03/01/2018 - 09:08

Mountain Equipment Co-op says it will stop selling products from Vista Outdoor, bowing to pressure to distance itself from the sports and recreation company, which makes and distributes items including guns and ammunition, after last month's school shooting in Florida.

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The high political cost of budgeting for Canada's long-term economic future: Don Pittis

cbc news - Thu, 03/01/2018 - 04:00

Boosting the future of the country's Indigenous youth is a long-term investment in Canada, but politically it may not pay.

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Walmart, Dick's restrict gun sales as corporate America does what Congress hasn't

cbc news - Wed, 02/28/2018 - 18:12

As Dick's Sporting Goods, one of the largest sporting goods stores in the U.S., ends the sale of assault-style rifles, gun-control advocates hope corporate America's action will push Congress to legislate stricter firearms laws.

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Spotify files to go public on NYSE

cbc news - Wed, 02/28/2018 - 16:05

Music streaming service Spotify is taking steps to become a public company and have its shares list on the New York Stock Exchange.

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Credit unions get OK from feds to offer 'banking' services

cbc news - Wed, 02/28/2018 - 14:26

Credit unions across the country will once again be able to use the words "bank," "banker" and "banking" to describe what they do, thanks to a one-line entry buried on page 356 of the federal budget.

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