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Wholesale inflation in US edged up in July from low levels

Wholesale inflation in US edged up in July from low levels

WASHINGTON (AP) — Wholesale prices in the United States picked up in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022.
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UBS ends billions in taxpayer-funded support that paved way for Credit Suisse takeover

UBS ends billions in taxpayer-funded support that paved way for Credit Suisse takeover

GENEVA (AP) — Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country's largest bank, take over its ailing rival Credit Suisse .
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Two rival robotaxi services win approval to operate throughout San Francisco despite safety concerns

Two rival robotaxi services win approval to operate throughout San Francisco despite safety concerns

SAN FRANCISCO (AP) — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops and
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Canadian on Maui says 'firestorm' engulfed town, as death toll rises to 53

Canadian on Maui says 'firestorm' engulfed town, as death toll rises to 53

A Vancouver man who lives part time on the Hawaiian island of Maui has described how an enormous "firestorm" engulfed the town of Lahaina, where at least 53 people were killed by the devastating blaze.
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A rocket with a lunar landing craft blasts off on Russia’s first moon mission in nearly 50 years

A rocket with a lunar landing craft blasts off on Russia’s first moon mission in nearly 50 years

TALLINN, Estonia (AP) — A rocket carrying a lunar landing craft blasted off Friday on Russia’s first moon mission in nearly 50 years, racing to land on Earth’s satellite ahead of an Indian spacecraft.
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Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business.
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Algoma Steel Group earnings, revenues down year-over-year in the first quarter

Algoma Steel Group earnings, revenues down year-over-year in the first quarter

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says it earned $130.9 million in its first quarter, down from $301.4 million a year earlier. The firm says revenue for the quarter ended June 30 was $827.2 million, down from $934.1 million last year.
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Number of Americans applying for jobless aid rises, but not enough to cause concern

Number of Americans applying for jobless aid rises, but not enough to cause concern

The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. U.S.
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From eggs to electronics to used cars, consumer inflation eased its grip on US households in July

From eggs to electronics to used cars, consumer inflation eased its grip on US households in July

WASHINGTON (AP) — Inflation in the United States edged up in July after 12 straight months of declines.
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Saputo earns $141 million in first quarter, reports revenues at $4.2 billion

Saputo earns $141 million in first quarter, reports revenues at $4.2 billion

MONTREAL — Saputo Inc. reported net earnings of $141 million in its first quarter, up from $139 million during the same quarter last year. The Montreal-based company says revenues for the quarter ended June 30 were $4.2 billion, down from $4.
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