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Rogers Communications' Q2 profit up amid lower restructuring costs from Shaw merger

Rogers Communications' Q2 profit up amid lower restructuring costs from Shaw merger

TORONTO — Rogers Communications Inc. reported its second-quarter profit rose to $394 million from $109 million a year ago, in part due to lower restructuring and acquisition costs related to its purchase of Shaw Communications last year.
Teck Resources reports second-quarter profit down from year ago

Teck Resources reports second-quarter profit down from year ago

VANCOUVER — Teck Resources Ltd. reported its second-quarter profit fell compared with a year ago due in part to its reduced ownership in steelmaking coal business Elk Valley Resources, along with lower steelmaking coal prices.
Plane crashes just after takeoff from Nepal's capital, killing 18 people. Pilot is lone survivor

Plane crashes just after takeoff from Nepal's capital, killing 18 people. Pilot is lone survivor

KATHMANDU, Nepal (AP) — A plane crashed Wednesday just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor. Police official Basanta Rajauri said authorities have pulled out all 18 bodies.
Privacy commissioner probing customers' claims they can't delete PC Optimum accounts

Privacy commissioner probing customers' claims they can't delete PC Optimum accounts

GATINEAU, Que. — The Office of the Privacy Commissioner of Canada says it’s opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.
Bank of Canada expected to deliver second consecutive rate cut today

Bank of Canada expected to deliver second consecutive rate cut today

OTTAWA — The Bank of Canada is set to announce its interest rate decision this morning as economists widely expect a rate cut. Forecasters say slowing inflation and a weak economy justify a second consecutive cut by the central bank.
Jasper evacuees forced into B.C. to flee fires told to make U-turn to Alberta for aid

Jasper evacuees forced into B.C. to flee fires told to make U-turn to Alberta for aid

EDMONTON — Thousands of wildfire evacuees forced from Jasper National Park into British Columbia along smoke-choked mountain roads Monday were directed Tuesday to make a wide U-turn and head home if they needed a place to stay.
Canadian Food Inspection Agency investigating after parasite found in P.E.I. oysters

Canadian Food Inspection Agency investigating after parasite found in P.E.I. oysters

SUMMERSIDE, P.E.I. — A "worrisome" parasite has been confirmed in at least one area on Prince Edward Island, and samples from several oyster farms have been sent for testing, says the Canadian Food Inspection Agency.
CN Rail lowers 2024 earnings forecast due to strike uncertainty

CN Rail lowers 2024 earnings forecast due to strike uncertainty

Canadian National Railway Co. lowered its forecast for earnings growth Tuesday as it faces the threat of a worker strike. The Montreal-based railway, which earned $1.
Yukon mine inspector directs Victoria Gold to shore up water treatment efforts

Yukon mine inspector directs Victoria Gold to shore up water treatment efforts

WHITEHORSE, YUKON — A Yukon mine inspector has ordered Victoria Gold to shore up its water treatment efforts, finding the company's plan to clean up after a disastrous spill of cyanide-laced-rock and water last month at its Eagle Gold mine is insuffi
Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.