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Ex-J.C. Penney executive tapped for CFO gig at Hudson's Bay Company

TORONTO — Hudson's Bay Company has tapped the former chief financial officer of another struggling retailer, J.C. Penney, to fill its vacancy. Edward Record will step into the executive role on Aug.

Stocks tumble, but TSX gets some strength from bump in gold price

Stock markets tumbled Thursday, but the Toronto Stock Exchange's main index fared better than its U.S. counterparts due to the strength of gold and other commodities. The S&P/TSX composite index dropped 48.57 points to 15,033.64.
Cafe no longer being probed in death of Chris Berman's wife

Cafe no longer being probed in death of Chris Berman's wife

HARTFORD, Conn. — Connecticut officials say they have closed an investigation of a restaurant after finding no violations in connection with a car crash that killed the wife of longtime ESPN broadcaster Chris Berman.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,033.64, down 48.57 points): Hydro One Ltd. Instalment Receipts (TSX:H.IR). Utilities. Up five cents, or 0.14 per cent, to $37.00 on 10.
Trump decries monument removals, 'history ripped apart'

Trump decries monument removals, 'history ripped apart'

WASHINGTON — President Donald Trump bitingly decried the rising movement to pull down monuments to Confederate icons Thursday, declaring the nation is seeing "the history and culture of our great country being ripped apart.

Ontario court dismisses lawsuit over sale of Hydro One shares

TORONTO — An Ontario court has thrown out a lawsuit against the provincial government over the controversial partial sale of Hydro One.
Quebecer seeks to file class action against Netflix over fee hikes without warning

Quebecer seeks to file class action against Netflix over fee hikes without warning

MONTREAL — A Quebec man wants millions in compensation from Netflix on behalf of subscribers in the province, alleging the company violated strict consumer rights rules when it upped their fees.

Canadian manufacturing sales fall 1.8 per cent in June, breaking winning streak

OTTAWA — Canadian manufacturing sales fell in June following three consecutive months of gains, with declines led by the petroleum and coal industry. Manufacturing sales slipped 1.8 per cent overall to $53.
Panama Papers expose cash trail amid Red Bull fugitive hunt

Panama Papers expose cash trail amid Red Bull fugitive hunt

The Bangkok billionaire family that co-founded Red Bull, the world's leading energy drink, uses offshore companies to cloak purchases of jets and luxury properties, including the posh London home where the clan's fugitive son was last seen.
Wal-Mart says it has gained market share in Canada

Wal-Mart says it has gained market share in Canada

BENTONVILLE, Ark. — Wal-Mart Stores Inc. says its Canadian stores gained market share against rivals during its fiscal second quarter.