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Pornhub owner MindGeek purchased by private equity firm

Pornhub owner MindGeek purchased by private equity firm

MONTREAL — A new private equity firm based in Ottawa says it has acquired the company behind one of the world's largest pornography sites, Pornhub.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,539.01, up 160.17): Suncor Energy Inc. (TSX:SU). Energy. Down 22 cents, or 0.55 per cent, to $40.05 on 23.2 million shares.
S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent

S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent

TORONTO — Markets in Canada and the U.S. climbed steadily Thursday in yet another reversal during a volatile week, with tech helping drive strength as well as some signs of recovery in embattled financial stocks.
Experts, banks look for ideas to stop next bank failure

Experts, banks look for ideas to stop next bank failure

WASHINGTON (AP) — The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market.
Businesses expect slower sales in short term as cost, labour issues persist: survey

Businesses expect slower sales in short term as cost, labour issues persist: survey

OTTAWA — Businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation, according to a survey by the Canadian Chamber of Commerce.
Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattack

Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattack

Grocery giant Empire Company Ltd.
Some Canadian employers offer egg freezing as part of expanded fertility benefits

Some Canadian employers offer egg freezing as part of expanded fertility benefits

Tonya Johnson, 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly — as much as $15,000 for one egg freezing cycle with medication — putting it out of reach for many.
Yellen tells Congress US banking system 'remains sound'

Yellen tells Congress US banking system 'remains sound'

WASHINGTON (AP) — A week after the second-largest bank collapse in U.S.
France's Macron risks his government to raise retirement age

France's Macron risks his government to raise retirement age

PARIS (AP) — French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power.
Europe's central bank backs big rate hike despite bank chaos

Europe's central bank backs big rate hike despite bank chaos

FRANKFURT, Germany (AP) — The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S.