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Toronto home sales and prices up from last July, down from June: TRREB

Toronto home sales and prices up from last July, down from June: TRREB

TORONTO — The Toronto Regional Real Estate Board says July's home sales, listings and prices edged up from the same time last year, but activity looks to be slowing in the face of higher interest rates.
Peer-to-peer car-sharing turns a corner — but are you ready to rent out your car?

Peer-to-peer car-sharing turns a corner — but are you ready to rent out your car?

When Jennifer Cummings flew down to Florida from St. John’s, N.L., last summer, she opted to arrive in style. The 41-year-old signed on to a “peer-to-peer” car-sharing site and rented a gleaming white Alfa Romeo SUV — from its private owner.
Lightspeed sees $46.7M net loss in Q1 as it launched products in new markets

Lightspeed sees $46.7M net loss in Q1 as it launched products in new markets

MONTREAL — Lightspeed Commerce Inc. is reporting a US$48.7 million net loss in its most recent quarter as it introduced several products to new markets.
No injuries after timber beam falls from Hibernia offshore oil platform

No injuries after timber beam falls from Hibernia offshore oil platform

ST. JOHN'S, N.L. — Newfoundland and Labrador's offshore petroleum regulator says nobody was injured in a potentially deadly accident on the deck of the Hibernia Platform last month.
Canada Goose sees $85M net loss in Q1 as it opens more international stores

Canada Goose sees $85M net loss in Q1 as it opens more international stores

TORONTO — Canada Goose Holdings Inc. says its most recent quarter delivered an $85 million net loss as it opened a handful of new international stores.
Bank of England raises its key interest rate to a new 15-year high to fight inflation

Bank of England raises its key interest rate to a new 15-year high to fight inflation

LONDON (AP) — The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation, poised to bring more pain to people who are seeing rents and mortgages rise during a cost-of-livin
Shopify optimistic about 'new shape' of business following layoff, AI announcements

Shopify optimistic about 'new shape' of business following layoff, AI announcements

Shopify Inc.'s president said a recent move to streamline operations with a significant layoff and bolster merchant offerings with technology like artificial intelligence has left the company well positioned for growth.
The Mega Millions jackpot has soared to $1.25 billion. Here's how hard it is to win

The Mega Millions jackpot has soared to $1.25 billion. Here's how hard it is to win

NEW YORK (AP) — There’s no shaking it. Your chances of winning the lottery are extremely slim . After no big winner Tuesday night, the Mega Millions jackpot climbed to an estimated $1.25 billion .
Spin Master sees sales, earnings decline in second quarter amid weaker order volume

Spin Master sees sales, earnings decline in second quarter amid weaker order volume

TORONTO — Spin Master Corp. says it earned US$28 million in the second quarter, down from US$88.1 million a year earlier. The Toronto-based toy and entertainment company says revenue was US$420.7 million, down from US$506.
Nutrien reports earnings down in second quarter, lowers full-year guidance

Nutrien reports earnings down in second quarter, lowers full-year guidance

SASKATOON — Nutrien Ltd. reported second-quarter net earnings of US$448 million, down from US$3.6 billion a year earlier. The Saskatoon-based company says sales were US$11.7 billion, down from US$14.5 billion during the same quarter last year.
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