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Netflix shares fall as revenue growth lags estimates

Shares of Netflix tumbled nine per cent on Thursday after the video-streaming pioneer’s lack of lustre revenue rose sparked concerns of a longer road to growth from its new initiatives. The company added nearly 6 million subscribers in the second quarter — almost three times above Wall Street’s expectations — thanks to a crackdown on […]

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Bell asks CRTC to drop local news requirements

TORONTO – BCE Inc.’s media arm is asking the federal telecommunications regulator to waive local news and Canadian programming requirements for its television stations, saying its obligations are based on outdated market realities. In an application to the CRTC filed June 14, Bell Media requested the regulator drop requirements for spending on local news and

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Canadian burn survivor’s 40-shade foundation line gets picked up by beauty giant Sephora

Basma Hameed is living her childhood dream to create her own cosmetics. She has developed a 40-shade foundation called Basma — now selling online and soon to be available in stores at beauty giant Sephora. “It’s still hard to believe, but it’s incredible,” Hameed, 36, said of her success. “You don’t [expect] somebody who’s a

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Calgary apartment tower sale bet on tight Canadian housing market

Article content Hines, a real estate company with nearly US$96 billion in assets under management, is pitching international investors on a Canadian apartment building deal as a way to bet on the country’s tight housing market. Article content The US firm is seeking to sell a 462-unit rental building in Calgary after completing construction nearly

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Protestors across Canada demonstrated against RBC’s fossil-fuel funding – Business News

RBC target protestors The Canadian Press – Apr 1, 2023 / 8:46 am | Stories: 419084 Photo: The Canadian Press The Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. Protestors in major cities across Canada are demonstrating against the Royal Bank of Canada for funding fossil fuel projects. THE

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Fed raises key rate by quarter-point despite bank turmoil – Business News

Photo: The Canadian Press File – Federal Reserve chair Jerome Powell speaks during a news conference, Wednesday, Feb. 1, 2023, at the Federal Reserve Board in Washington. With inflation still high and anxieties gripping the banking industry, the Federal Reserve and its chair, Jerome Powell, will face a complicated task at their latest policy meeting

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