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S&P/TSX composite down nearly 100 points, as attention turns to U.S. election

S&P/TSX composite down nearly 100 points, as attention turns to U.S. election

Canada's main stock index dipped after a week of gains as a slip in base metals and technology outweighed another good day for energy shares.
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Former Abercrombie & Fitch chief Mike Jeffries arrested on federal sex trafficking charges

Former Abercrombie & Fitch chief Mike Jeffries arrested on federal sex trafficking charges

NEW YORK (AP) — Former Abercrombie & Fitch CEO Michael Jeffries, his romantic partner and a third man were arrested Tuesday on sex trafficking and interstate prostitution charges, a spokesperson for federal prosecutors said.
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Ontario aiming to become energy superpower, Energy Minister Stephen Lecce says

Ontario aiming to become energy superpower, Energy Minister Stephen Lecce says

TORONTO — Ontario's energy minister wants the province's electricity system to not just be able to meet an expected 75 per cent increase in demand, but to exceed it and be able to sell excess power to other jurisdictions, promising details in a forth
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IMF's economic view: A brighter outlook for US but still-tepid global growth

IMF's economic view: A brighter outlook for US but still-tepid global growth

WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China.
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Pokemon cards, music royalties, sports memorabilia: Do alternative investments work?

Pokemon cards, music royalties, sports memorabilia: Do alternative investments work?

When some rare first-edition Pokemon trading cards went on sale three years ago, Adam O'Brien was hit with a wave of nostalgia. For the now 32-year-old, it was an irresistible offer that had the potential for value in the long run.
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Former Abercrombie & Fitch chief Mike Jeffries arrested on federal sex trafficking charges

Former Abercrombie & Fitch chief Mike Jeffries arrested on federal sex trafficking charges

NEW YORK (AP) — Former Abercrombie & Fitch CEO Michael Jeffries and two other men have been arrested on sex trafficking and interstate prostitution charges, a spokesperson for federal prosecutors said Tuesday.
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Stock market today: Wall Street falls again as its march to records loses more steam

Stock market today: Wall Street falls again as its march to records loses more steam

NEW YORK (AP) — US. stocks are falling again, and the S&P 500 is on track for its first back-to-back loss in a month and a half as Wall Street’s record-breaking rally loses more momentum. The S&P 500 was 0.5% lower in early trading Tuesday.
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IMF's economic view: A brighter outlook for US but still-tepid global growth

IMF's economic view: A brighter outlook for US but still-tepid global growth

WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China.
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Thomson Reuters acquires AI accounting assistant developer Materia

Thomson Reuters acquires AI accounting assistant developer Materia

TORONTO — Thomson Reuters Corp. says it has acquired Materia, a U.S.-based startup developing an artificial intelligence-powered assistant for the tax, audit and accounting profession. Financial terms of the deal were not immediately available.
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U.S. vote has Canadian business leaders worried about protectionist policies: KPMG

U.S. vote has Canadian business leaders worried about protectionist policies: KPMG

TORONTO — A new report says many Canadian business leaders are worried about economic uncertainties related to the looming U.S. election.
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