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Deciem CEO removed after successful intervention by investor Estee Lauder

Deciem CEO removed after successful intervention by investor Estee Lauder

TORONTO — The founder of Deciem, the self-professed "Abnormal Beauty Company," saw his reign at the Toronto cosmetics brand come to an unusual end on Friday.
TSX ends five-day losing streak while U.S. markets make up some losses

TSX ends five-day losing streak while U.S. markets make up some losses

TORONTO — Canada's main stock index snapped a five-day losing streak on Friday while U.S. markets made up some of the lost ground on a recovery in tech stocks. Despite a strong U.S.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,414.29, up 97.16 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up $1.09, or 8.64 per cent, to $13.71 on 35.2 million shares.
Non-medical cannabis worth $3.3 billion to Canada's economy in 2016: StatCan

Non-medical cannabis worth $3.3 billion to Canada's economy in 2016: StatCan

OTTAWA — The illegal production and consumption of non-medical cannabis was worth about $3.3 billion in 2016, according to a Statistics Canada analysis of the underground economy.
Oilsands bitumen prices fall into negative territory, analyst calculates

Oilsands bitumen prices fall into negative territory, analyst calculates

CALGARY — A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that many producers are losing money on every barrel sold into the spot market. Analyst Matt Murphy of Tudor Pickering Holt & Co.
Manhattan DA drops part of Harvey Weinstein case

Manhattan DA drops part of Harvey Weinstein case

NEW YORK — Prosecutors in New York City abandoned part of their sexual assault case against Harvey Weinstein on Thursday after evidence surfaced that a lead police detective coached a witness to keep quiet when she raised doubts about the veracity of

Stock market experts say this is a stumble, not a plunge

Whoa, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading.
Driven by higher interest rates, JPMorgan profits rise

Driven by higher interest rates, JPMorgan profits rise

NEW YORK — JPMorgan Chase & Co. said Friday that its third-quarter profits rose by 24 per cent from a year ago, helped by a lower tax bill and higher interest rates, which allowed it to charge more for loans to consumers and businesses alike.
Toyota recalls trucks, SUVs and cars to fix air bag problem

Toyota recalls trucks, SUVs and cars to fix air bag problem

DETROIT — Toyota is recalling nearly 188,000 pickup trucks, SUVs and cars worldwide because the air bags may not inflate in a crash. The recall covers 2018 and 2019 Tundra pickups and Sequoia SUVs as well as 2019 Avalon sedans.
Optimism rises for Brexit breakthrough next week

Optimism rises for Brexit breakthrough next week

BRUSSELS — With just days to go before a key Brexit summit next week, optimism is growing that a deal can be reached to ensure a smooth transition for Britain's exit from the European Union.