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Wall Street slumps, still marks best weekly gain in a month

Wall Street slumps, still marks best weekly gain in a month

NEW YORK (AP) — Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy and another slew of profit reports from big U.S. companies.
Man gets nearly 22 years for $60M film finance fraud scheme

Man gets nearly 22 years for $60M film finance fraud scheme

FORT LAUDERDALE, Fla.
S&P/TSX composite up in late-morning trading, U.S. stock markets down

S&P/TSX composite up in late-morning trading, U.S. stock markets down

TORONTO — Gains in the base metals sector helped Canada's main stock index move higher in late-morning trading, while U.S. stock markets were in the red. The S&P/TSX composite index was up 30.33 points at 19,093.18.
Clash over whether U.S. officers can be armed in Canada keeps Nexus offices closed

Clash over whether U.S. officers can be armed in Canada keeps Nexus offices closed

MONTREAL — A dispute over legal protections for American customs officers has kept Nexus enrolment centres closed in Canada more than three months after they reopened south of the border — due in part to a clash over U.S.
Air Canada and United Airlines sign deal to expand relationship

Air Canada and United Airlines sign deal to expand relationship

MONTREAL — Air Canada has signed a deal with United Airlines that expands the relationship between the companies in an effort to offer more flight options to the United States. The airlines already co-operate in the transborder market.
Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

OTTAWA — Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May, led higher by sales at new car dealers and gas stations. The agency says the increase came as sales rose in eight of the 11 subsectors it tracks.
German government agrees on bailout for energy supplier

German government agrees on bailout for energy supplier

BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company said Friday.
Rajapaksa ally named PM in Sri Lanka as protest site cleared

Rajapaksa ally named PM in Sri Lanka as protest site cleared

COLOMBO, Sri Lanka (AP) — An ally of the Rajapaksa political family was appointed Friday as Sri Lanka's prime minister, hours after security forces cleared the main protest site occupied for months by demonstrators angry at the Rajapaksas over the co
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,062.85, up 42.18 points.) Royal Bank of Canada (TSX:RY). Financials. Up 38 cents, or 0.3 per cent, to $124.08 on 9.4 million shares.
Italy heads to early election after Draghi's coalition fails

Italy heads to early election after Draghi's coalition fails

ROME (AP) — Italy is headed for an early election after its president accepted Premier Mario Draghi's resignation Thursday and decided there was no possibility for cobbling together another government following the rapid collapse of the ruling coalit