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Spin Master bets on nostalgic wooden toys in US$950M deal for Melissa & Doug

Spin Master bets on nostalgic wooden toys in US$950M deal for Melissa & Doug

TORONTO — The company best known for the kids' cartoon "Paw Patrol" is betting its acquisition of a U.S. toymaker specializing in wooden games and toys will broaden its appeal with parents limiting their children's screen time.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,663.84, up 162.64): Toronto-Dominion Bank. (TSX:TD). Finance. Up 90 cents, or 1.12 per cent, to $81.42 on 12.3 million shares.
Thief used phoney document in $20M gold heist, lawsuit against Air Canada claims

Thief used phoney document in $20M gold heist, lawsuit against Air Canada claims

TORONTO — On a brisk, drizzly day in April, a thief strolled into Air Canada's glass-walled warehouse at Pearson airport, presented a phoney document and walked out with some $23 million in gold and cash.
TSX posts Wednesday gain despite lower price of oil, while U.S. markets also rise

TSX posts Wednesday gain despite lower price of oil, while U.S. markets also rise

TORONTO — Strength in the utilities, telecommunications and financial sectors helped lift Canada's main stock index higher Wednesday, while U.S. stock markets also rose despite a stronger-than-expected report on wholesale inflation.
Stock market today: Wall Street edges higher after the first of 2 big updates on inflation this week

Stock market today: Wall Street edges higher after the first of 2 big updates on inflation this week

NEW YORK (AP) — Stocks edged higher in wobbly trading as yields were mixed in the bond market, which has been Wall Street’s main driver recently. The S&P 500 rose 0.4% Wednesday. The Dow rose 65 points, and the Nasdaq composite added 0.7%.
Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty

Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty

WASHINGTON (AP) — Federal Reserve officials regarded the U.S.
Worker dead in apparent drowning at Birchcliff Energy site in Alberta

Worker dead in apparent drowning at Birchcliff Energy site in Alberta

CALGARY — Birchcliff Energy Ltd. says a contractor has been killed on the job at one of the company's sites in northern Alberta.
Major Canadian grocers won't confirm discounts, price freezes feds promised last week

Major Canadian grocers won't confirm discounts, price freezes feds promised last week

OTTAWA — Major grocers in Canada are not yet confirming whether they have committed to special promotions to stabilize grocery prices, as was recently promised by the federal government.
Birkenstock stumbles on Wall Street as traders find sandal maker's shares too pricey

Birkenstock stumbles on Wall Street as traders find sandal maker's shares too pricey

NEW YORK (AP) — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
CRTC sides with Bell in arbitration proceeding with Quebecor over MVNO data rates

CRTC sides with Bell in arbitration proceeding with Quebecor over MVNO data rates

OTTAWA — Canada's telecommunications regulator has sided with BCE Inc. in a final offer arbitration proceeding between that company and Quebecor Inc. over wholesale mobile virtual network operator (MVNO) data rates.