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National Business
Rogers says impact from July network outage on business 'very isolated'
TORONTO — Rogers Communications Inc. said Wednesday that the business impact from its July network outage was "very isolated" as it reported its third-quarter profit fell compared with a year ago while revenue crept higher.
Nov 9, 2022 11:37 AM
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Turquoise Hill delays shareholder vote on Rio Tinto plan after concerns raised
TORONTO — Turquoise Hill Resources Ltd. is postponing its shareholder meeting to vote on Rio Tinto's plan to take the company private as it works to resolve concerns about Rio Tinto's deal with a pair of shareholders who had opposed the deal.
Nov 9, 2022 11:23 AM
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Germany blocks Chinese-owned firm's chip factory deal
BERLIN (AP) — The German government on Wednesday blocked the sale of a chip factory to a Swedish subsidiary of a Chinese company, a decision that comes as Berlin grapples with its future approach to Beijing.
Nov 9, 2022 7:54 AM
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Consulting firm CGI reports fourth-quarter profit and revenue up from year ago
MONTREAL — CGI Inc. says it earned a fourth-quarter profit of $362.4 million, up from $345.9 million in the same quarter last year as its revenue rose eight per cent compared with a year ago.
Nov 9, 2022 7:28 AM
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Big bet a bust in bid to allow sports gambling in California
LOS ANGELES (AP) — The most expensive ballot proposition gamble in U.S. history went bust Tuesday as California voters overwhelmingly rejected sports betting initiatives by Native American tribes and the gaming industry.
Nov 9, 2022 3:49 AM
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California voters reject tax on rich for more electric cars
SACRAMENTO, Calif. (AP) — California’s wealthiest residents won’t see a tax increase after voters rejected a measure Tuesday that would have boosted rates on incomes above $2 million to help put more electric cars on the roads.
Nov 9, 2022 3:20 AM
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Nintendo counting on forays beyond video games to boost fans
TOKYO (AP) — Nintendo hopes to leverage a new Super Mario movie, various merchandising and theme parks to draw more people into playing its video games, President Shuntaro Furukawa said Wednesday.
Nov 8, 2022 11:30 PM
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Powerball ticket sold in California snags record $2.04B win
LOS ANGELES (AP) — Someone who bought a Powerball ticket in Southern California has won a record $2.04 billion Powerball jackpot after more than three months without anyone hitting the top prize.
Nov 8, 2022 8:08 PM
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Intact Financial reports net income of $370M
TORONTO — Intact Financial Corp. says it saw a 23 per cent rise in net income despite "active weather" and ongoing cost pressures in the quarter. The insurance company says it had a profit of $370 million for the quarter ending Sept.
Nov 8, 2022 6:03 PM
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EU's Call of Duty: Probe Microsoft-Activision Blizzard deal
BRUSSELS (AP) — The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard, fearing the $69 billion deal would distort fair competition to popular titles like Call of Duty .
Nov 8, 2022 5:56 PM
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