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Pot investors had few reasons to celebrate first day of legalization

Pot investors had few reasons to celebrate first day of legalization

TORONTO — Canadian investors had few reasons for revelry on the first day of cannabis legalization Wednesday as some of the industry's biggest names saw their stock prices fall. Shares in Canopy Growth Corp., Aurora Cannabis Inc., HEXO Corp.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,529.90, down 49.84 points ). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 41 cents, or 2.93 per cent, to $13.57 on 74.2 million shares.
Oilsands target MEG formally rejects Husky Energy's $3.3-billion takeover bid

Oilsands target MEG formally rejects Husky Energy's $3.3-billion takeover bid

CALGARY — MEG Energy Corp. says its board is unanimously recommending that shareholders reject Husky Energy Inc.'s $3.3-billion hostile takeover offer made on Oct. 2.
US housing starts sank 5.3 per cent in September

US housing starts sank 5.3 per cent in September

WASHINGTON — U.S. home construction fell 5.3 per cent in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
Startup plans to launch small satellites from Virginia coast

Startup plans to launch small satellites from Virginia coast

NORFOLK, Va. — A California-based startup says it will rocket small satellites into orbit from Virginia. Rocket Lab said Wednesday that it will build its launch pad at the Mid-Atlantic Regional Spaceport.
Tesla secures land in Shanghai for first factory outside US

Tesla secures land in Shanghai for first factory outside US

BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.
Fed officials discussed hiking rates to 'restrictive' level

Fed officials discussed hiking rates to 'restrictive' level

WASHINGTON — Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with some arguing that they may need to lift rates to a level that would modestly restrain growth.
Shopify sees 100 pot orders per minute on Canadian websites for legalization day

Shopify sees 100 pot orders per minute on Canadian websites for legalization day

TORONTO — The Canadian online cannabis stores powered by Shopify Inc.'s e-commerce software are collectively processing more than 100 orders per minute, the Ottawa-based company said, an indication of the high demand for newly-legal pot.
Sidewalk Labs CEO says 'vast majority' of privacy questions have been answered

Sidewalk Labs CEO says 'vast majority' of privacy questions have been answered

TORONTO — The leader of a company behind a proposal for a high-tech, Alphabet Inc-backed Toronto community brushed off privacy concerns associated with the project, saying it has addressed most issues by recently revealing its data plans.
Newly published files confirm plan to move Assange to Russia

Newly published files confirm plan to move Assange to Russia

LONDON — Julian Assange: Hacker. Journalist.