Tuesday, November 12, 2024
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Mattel trims sales forecast ahead of holiday shopping amid tepid toys demand

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(Reuters) - Mattel lowered its full-year sales forecast on Wednesday as the Barbie parent heads into the crucial holiday shopping...
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Banks lower prime rates to 5.95% after Bank of Canada move

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TORONTO — Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the...
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What to know about E. coli and the McDonald’s outbreak

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A food poisoning outbreak tied to McDonald’s Quarter Pounders was caused by a common type of E. coli bacteria that...
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Calgary Wild FC women’s pro soccer team announces its leaders

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CALGARY — Soccer so foundational to her life, Lara Murphy is putting her skills and money into Calgary's team in...
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Reuters Events-US automakers urged to innovate despite tariffs on Chinese rivals

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By Nora Eckert and David Shepardson DETROIT (Reuters) - Leaders from American automakers and their suppliers said at a Reuters...
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McDonald’s provides update on E.Coli breakout as shares drop amid scandal

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McDonald's (MCD) is working damage control as news of an E. coli outbreak tanked shares as much as 7% on...
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US Bonds Slide for Third-Straight Day as Fed-Cut Bets Wane

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(Bloomberg) -- US Treasuries declined for a third day amid expectations the Federal Reserve will cut interest rates at a...
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Canadian dollar hits 11-week low on ‘aggressive’ Bank of Canada

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By Fergal Smith TORONTO (Reuters) - The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday...
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BoC delivers half percentage point rate cut, says it now must keep inflation at 2%

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OTTAWA — The Bank of Canada claimed victory against high inflation on Wednesday as it delivered a supersized interest rate...
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Telecom group sues to block FTC’s ‘click to cancel’ rule

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By Jody Godoy (Reuters) - An industry group representing cable and internet providers sued along with two others on Wednesday...
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Oil drops as US inventories balloon, traders watch Middle East crisis

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Oil dropped more than 1% on Wednesday as traders looked for signs of Middle East tensions easing and new data...
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Goldman and Apple ‘illegally sidestepped’ obligations to credit-card customers: CFPB

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Goldman Sachs (GS) and Apple (AAPL) have to pay $89.8 million for sidestepping legal obligations to their joint credit card...
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