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Real estate: May home sales, prices rise year-over-year

Canada’s real estate market continued to heat up in May with home sales posting their first year-over-year increase since June 2021 and the average price seeing its first year-over-year gain in a year. The findings released by the Canadian Real Estate Association on Thursday suggested a marked shift away from the sluggish sales and slumping […]

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Tucker Carlson leaves Fox News days after Dominion lawsuit settlement

April 24 (Reuters) – Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for $787.5 million a defamation lawsuit in which Carlson played a starring role roles. The outspoken Carlson embraced conservative issues and delivered his views with a

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Bank of Canada appoints Rhys Mendes as deputy governor – Business News

BoC has new deputy gov. The Canadian Press – May 12, 2023 / 12:15 pm | Stories: 426434 Photo: The Canadian Press The Bank of Canada has appointed Rhys Mendes as a deputy governor, effective July 17. Mendes listens to counsel speak during the Public Order Emergency Commission, Thursday, November 17, 2022 in Ottawa. THE

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Kraft Heinz boosted by foodservice, emerging markets

PITTSBURGH — Even as consumers shifted buying behaviors because of higher costs, Kraft Heinz Co. managed to generate higher sales and profits in the first quarter while raising its earnings guidance for the year. Carlos A. Abrams-Rivera, executive vice president and president of North America, said the company had anticipated a move by lower-income consumers

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Fed’s Powell was tricked by fake calls from Russian pranksters – Business News

Powell tricked by pranksters The Canadian Press – Apr 27, 2023 / 12:13 pm | Stories: 423680 Photo: The Canadian Press Federal Reserve Chairman Jerome Powell arrives for the plenary of the International Monetary and Financial Committee (IMFC) meeting, during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Friday,

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Conservatives wouldn’t allow Teck takeover: Poilievre – Business News

Photo: Nelson Bennett Conservative Party Leader Pierre Poilievre said ‘actions like Glencore’s are unacceptable.’ Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to prevent what Poilievre calls a hostile takeover.

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SpaceX giant rocket explodes minutes after launch from Texas – Business News

Photo: The Canadian Press SpaceX’s Starship breaks up after its launch from Starbase in Boca Chica, Texas, Thursday, April 20, 2023. SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight and crashed into the Gulf of Mexico. (AP Photo/Eric Gay) SpaceX’s giant new rocket exploded minutes after blasting off on

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Banks are in turmoil. Here’s how Canadians might be affected

All eyes are on the global banking sector after a sudden turmoil brought down or threatened a handful of US banks and one major European bank this month. The collapse of Silicon Valley Bank (SVB), followed by the near death of two other regional institutions — First Republic and Signature Bank — left market-watchers jittery

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Food storage brand Tupperware warns it could go out of business

Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shops. In a release dated April 7, the Orlando, Florida-based company announced it was seeking to improve its capital structure in order to “remediate its doubts regarding its ability to continue

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