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Lululemon revenue up as direct sales climb, results beat expectations

VANCOUVER — Lululemon Athletica Inc. plans to expand sales of its self-care line and loyalty program next year, as well as keep growing its so-called experiential stores as it looks to maintain strong quarterly earnings and revenue growth.

Fed leaves low rates alone and foresees no moves in 2020

WASHINGTON — The Federal Reserve left its benchmark interest rate alone Wednesday and signalled that it expects to keep low rates unchanged through next year.
Saudi stock offering creates world's most valuable company

Saudi stock offering creates world's most valuable company

RIYADH, Saudi Arabia — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the
California considers calling THC in pot a risk to moms-to-be

California considers calling THC in pot a risk to moms-to-be

LOS ANGELES — A California panel on Wednesday wrestled with the reliability and accuracy of dense research studies as it considers whether to declare marijuana's potent, high-inducing chemical — THC — a health risk to pregnant women and require warni
Alberta slump cited in court process to sell dozens of office buildings

Alberta slump cited in court process to sell dozens of office buildings

CALGARY — A major player in Calgary's depressed office real estate industry is putting dozens of Alberta office buildings under court protection from creditors while it tries to sell them.
Canadians spent $908M at cannabis stores since legalization, StatCan says

Canadians spent $908M at cannabis stores since legalization, StatCan says

OTTAWA — Canadians spent about $908 million on non-medical cannabis in the first year since legalization, but online sales dropped as more brick-and-mortar locations opened, said Statistics Canada.
Canadian dollar hits five-week high after Fed says it sees no rate changes in 2020

Canadian dollar hits five-week high after Fed says it sees no rate changes in 2020

TORONTO — The Canadian dollar touched a five-week high Wednesday after the U.S. Federal Reserve's signal of no interest rate cuts next year hurt the greenback and supported American stock markets. The loonie traded for 75.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,939.61, down 11.09 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down four cents, or 2.08 per cent, to $1.88 on 9.
Customer headaches persist over Air Canada booking system ahead of travel season

Customer headaches persist over Air Canada booking system ahead of travel season

MONTREAL — More than three weeks after Air Canada launched a new booking system, customers continue to encounter headaches on the cusp of holiday travel season. The airline introduced the reservation system on Nov.
OSC grants standing to Catalyst's application against HBC takeover bid

OSC grants standing to Catalyst's application against HBC takeover bid

The Ontario Securities Commission will hear a minority shareholder's application to block a privatization bid for Hudson's Bay Co.