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Canada Pension Plan Investment Board sees net assets top four per cent growth over Q2

Canada Pension Plan Investment Board sees net assets top four per cent growth over Q2

TORONTO — The Canada Pension Plan Investment Board says its net assets grew four per cent over the past three months, yielding a record 10-year annualized net return of nearly 12 per cent.
Americans quit their jobs at record pace for 2nd month

Americans quit their jobs at record pace for 2nd month

WASHINGTON (AP) — Americans quit their jobs at a record pace for the second straight month in September, while businesses and other employers posted a near-record number of available jobs. The Labor Department said Friday that 4.
Yellow Pages revenue drops 12 per cent as print, digital income declines

Yellow Pages revenue drops 12 per cent as print, digital income declines

MONTREAL — Yellow Pages Ltd. says revenues fell nearly 12 per cent in its latest quarter due to a decline at its print and digital media products. The Montreal-based company posted revenue of $70.9 million for the quarter ended Sept.
Onex profits jump 20 per cent in third quarter as asset management income doubles

Onex profits jump 20 per cent in third quarter as asset management income doubles

TORONTO — Onex Corp. reported net earnings of US$602 million in its latest quarter compared with US$501 million in the same quarter last year — a leap of 20.2 per cent propelled by higher asset management earnings.
Héroux-Devtek boosts profits but sees sales fall as pandemic continues to take toll

Héroux-Devtek boosts profits but sees sales fall as pandemic continues to take toll

LONGUEUIL, Que. — Héroux-Devtek Inc. saw profits climb but revenue fall last quarter as the landing-gear maker bore the impact of ongoing aerospace turbulence caused by the COVID-19 pandemic.
Cogeco boosts profits six per cent in Q4 despite drain of video and landline users

Cogeco boosts profits six per cent in Q4 despite drain of video and landline users

MONTREAL — Cogeco Communications Inc. says it boosted earnings last quarter and bumped up its financial projections for 2022 to account for its acquisition of an Ohio broadband system.
Johnson & Johnson to split into two companies

Johnson & Johnson to split into two companies

Johnson & Johnson is splitting into two companies, separating the division that sells Band-Aids and Listerine, from its medical device and prescription drug business.
Climate talks back off from call to end all coal use

Climate talks back off from call to end all coal use

GLASGOW, Scotland (AP) — Negotiators at this year’s U.N. climate talks in Glasgow appeared to be backing away from a call to end all use of coal and phase out fossil fuel subsidies completely.
SNC-Lavalin CEO cancels Montreal speech after Air Canada boss ignites firestorm

SNC-Lavalin CEO cancels Montreal speech after Air Canada boss ignites firestorm

MONTREAL — The head of engineering firm SNC-Lavalin has suddenly cancelled a speech to Montreal's business community because his French-language skills need some work. Ian Edwards doesn't speak French well despite living in Quebec since 2014.
'Rust' tragedy, labor climate frame Hollywood contract vote

'Rust' tragedy, labor climate frame Hollywood contract vote

LOS ANGELES (AP) — In weighing his vote on a proposed union contract with Hollywood producers, veteran stagehand Matthew “Doc” Brashear looked closely at the agreement and beyond, to the now-closed New Mexico film set where a cinematographer died .
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