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S&P/TSX composite up on shorter Christmas Eve session, U.S. markets also rise

S&P/TSX composite up on shorter Christmas Eve session, U.S. markets also rise

TORONTO — Broad-based gains led Canada's main stock index to close higher in the shortened Christmas Eve trading session, while U.S. stock markets also rose. The S&P/TSX composite index ended up 97.84 points at 24,846.
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CPKC exceeded grain revenue limit: Canadian Transportation Agency

CPKC exceeded grain revenue limit: Canadian Transportation Agency

OTTAWA — The Canadian Transportation Agency says Canadian Pacific Kansas City Railway Co. exceeded its maximum grain revenue entitlements for the 2023 to 2024 crop year. The agency says CPKC's revenue was $1.8 million above its entitlement of $869.
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Stock market today: Wall Street rallies ahead of Christmas

Stock market today: Wall Street rallies ahead of Christmas

Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday.
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YVR janitors suspend strike escalation after tentative deal

YVR janitors suspend strike escalation after tentative deal

VANCOUVER — Striking janitors at the Vancouver International Airport say they have suspended a planned Christmas Eve escalation after reaching a tentative deal with their employer Alpine Building Maintenance.
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Cash back, credit rating boosts: How to use your rent payments to get extra perks

Cash back, credit rating boosts: How to use your rent payments to get extra perks

Your monthly rent payment can go beyond just keeping a roof over your head, it can be tapped for potential benefits such as improving your credit score or earning cash-back rewards. But experts say these financial tools should be used wisely.
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American Airlines operations up and running again after technical issue grounded US flights

American Airlines operations up and running again after technical issue grounded US flights

American Airlines flights were cleared to fly by regulators early Tuesday after a brief grounding due to a systemwide technical issue. Just before 7 a.m.
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FAA halts all American Airlines flights in the US after airline reports technical issues systemwide

FAA halts all American Airlines flights in the US after airline reports technical issues systemwide

The Federal Aviation Administration has ordered all American Airlines flights grounded in the U.S. after the carrier reported a technical issue affecting its entire system with millions traveling for the holiday.
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Economists say more room to fall as Canadian dollar continues downward trend

Economists say more room to fall as Canadian dollar continues downward trend

Experts say the next few months are going to be rough for the Canadian dollar as it appears set to continue its downward trend. "We do have more room to fall," said Karl Schamotta, chief market strategist at Corpay.
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Biden will decide on US Steel acquisition after influential panel fails to reach consensus

Biden will decide on US Steel acquisition after influential panel fails to reach consensus

WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S.
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Revised airline compensation rules will do little to change status quo: experts

Revised airline compensation rules will do little to change status quo: experts

TORONTO — Proposed changes to Canada's passenger rights charter will perpetuate loopholes that allow airlines to forego compensating travellers whose flights are disrupted, say airline experts.
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