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Canadian court approves Red Lobster restructuring plan

Canadian court approves Red Lobster restructuring plan

TORONTO — A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy.
Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

NEW YORK (AP) — U.S. stocks drifted to a mixed close following several weeks of sharp swings. The S&P 500 rose 0.4% higher Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.8%.
TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed

TC Energy says sale of minority stake in pipeline to Indigenous groups is delayed

CALGARY — A deal that was billed as Canada's largest-ever Indigenous equity ownership agreement has hit a snag. TC Energy Corp.
Rent increases in smaller markets outweigh declines in big cities in August: report

Rent increases in smaller markets outweigh declines in big cities in August: report

TORONTO — A new report says August rental rates fell in some of Canada's largest and priciest markets to continue a months-long trend, while prices rose in smaller markets. The report from Rentals.
Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year

Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year

WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans' purchasing power.
Canadian Soccer Business points to 'new, landmark offer' made to Canada Soccer

Canadian Soccer Business points to 'new, landmark offer' made to Canada Soccer

TORONTO — While Canada Soccer says a new labour agreement with its players is contingent on a reworked deal with Canadian Soccer Business, CSB says it "proactively made a new, landmark offer" six weeks ago.
Canada begins process to impose tariffs on Chinese batteries, critical minerals

Canada begins process to impose tariffs on Chinese batteries, critical minerals

NANAIMO, B.C. — Finance Minister Chrystia Freeland says the required consultation period to impose tariffs on more clean energy goods coming from China will begin today.
Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks

Canada needs to seize opportunities to secure its place in the changing global trade landscape, Bank of Canada governor Tiff Macklem said.
Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year

Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year

WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans' purchasing power.
'Someone is getting paid somewhere': An explainer on financial planning fees

'Someone is getting paid somewhere': An explainer on financial planning fees

While personal, your relationship with your wealth planner is also highly transactional, and understanding how these fees are structured is important when it comes to growing your money over time.