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Powell: Fed rate increases are intended to prolong recovery

WASHINGTON — Federal Reserve Chairman Jerome Powell is saying that the economy is healthy and that the Fed's steady interest rate increases are intended to prolong its expansion.
Natural gas bills will go down about $29 a year, Enbridge says

Natural gas bills will go down about $29 a year, Enbridge says

TORONTO — Enbridge Gas Distribution Ltd. says its typical Ontario residential customer's natural gas bill will go down about $29 a year.
North American markets close higher as increased oil prices drive the TSX

North American markets close higher as increased oil prices drive the TSX

TORONTO — Investors shrugged of ongoing trade risks to send North American markets higher on Thursday, raising the potential for a larger eventual correction, says an investment expert.
Lack of Ontario retail locations poses headwind for pot industry players

Lack of Ontario retail locations poses headwind for pot industry players

TORONTO — Ontario's decision to not cap the number of privately-operated cannabis shops has been welcomed by industry players, but market share restrictions on licensed producers and the lack of clarity on where marijuana stores can be located may po
Cameco says tax court has ruled in its favour in part of major CRA dispute

Cameco says tax court has ruled in its favour in part of major CRA dispute

Shares in Cameco Corp. shot higher Thursday after the company said the Tax Court has ruled in its favour in part of a dispute with the Canada Revenue Agency where billions of dollars are at stake.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,204.62, up 35.34 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 51 cents, or 4.18 per cent, to $11.68 on 29 million shares.
Videotron sues Bell for $78.5 million over actions of travelling sales reps

Videotron sues Bell for $78.5 million over actions of travelling sales reps

MONTREAL — Videotron has launched a $78.5-million lawsuit against its telecom rival Bell Canada for allegedly contravening Quebec's consumer protection law in its efforts to recruit new customers.
Utah told to pay $475,000 in legal fees in 'Deadpool' case

Utah told to pay $475,000 in legal fees in 'Deadpool' case

SALT LAKE CITY — A judge has ordered the state of Utah to pay more than $475,000 in legal fees after it lost a court fight over a law that banned serving alcohol during the racy, foul-mouthed superhero film "Deadpool." U.S.

Mayor, others push back on proposed robot brothel in Houston

HOUSTON — A Canadian company says it wants to open a so-called robot brothel in Houston, but it's getting pushback from officials and community groups, with the mayor saying the city is reviewing its ordinances to determine if they address public saf
More US corporate giants warn tariffs will mean price hikes

More US corporate giants warn tariffs will mean price hikes

DETROIT — From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump's tariffs on U.S. imports are raising their costs and prices.