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Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million

Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million

WATERLOO, ONTARIO. — BlackBerry Ltd. says its net loss tripled in the first quarter to US$181 million primarily due to the settlement of a 2013 shareholder class action lawsuit over its BlackBerry 10 smartphones. The Waterloo, Ont.
Spirit of Virgil Abloh lives on at Louis Vuitton in Paris

Spirit of Virgil Abloh lives on at Louis Vuitton in Paris

PARIS (AP) — He may have died last November, but Virgil Abloh lived on at Paris Fashion Week Thursday in a high-energy runway spectacular for Louis Vuitton menswear.

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 (18,717.12, down 286.92 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $2.88, or 6.3 per cent, to $42.73 on 15.5 million shares.
CTA says total air travel complaints up last year on increased backlog

CTA says total air travel complaints up last year on increased backlog

OTTAWA — The Canadian Transportation Agency says the total number of complaints it faced about air travel rose last year, boosted by a backlog of issues carried over from the previous year.
B.C. researcher raises concerns about racism in pregnancy and birth care

B.C. researcher raises concerns about racism in pregnancy and birth care

A team that includes B.C. researchers has found that Black, Indigenous and people of colour are more likely to feel pressured into procedures by health providers during pregnancy and birth care.
CPP Investments looks global but no immediate plans to invest in Ukraine rebuild: CEO

CPP Investments looks global but no immediate plans to invest in Ukraine rebuild: CEO

TORONTO — Canada's largest pension fund manager says it will continue to look for investment opportunities around the world but has no current plans to help with Ukraine's eventual reconstruction once the war with Russia ends.
S&P/TSX composite loses close to 300 points; energy stocks in the red

S&P/TSX composite loses close to 300 points; energy stocks in the red

Canada's main stock index lost close to 300 points Thursday, with energy and mining stocks bearing the brunt of the impact as investors continue to worry about the possibility of a recession. The S&P/TSX composite index closed down 286.
European Union makes Ukraine a candidate for EU membership

European Union makes Ukraine a candidate for EU membership

BRUSSELS (AP) — The European Union agreed Thursday to put Ukraine on a path toward EU membership, acting with uncharacteristic speed and unity to pull the embattled country further away from Russia’s influence and bind it more closely to the West.
FDA bans Juul e-cigarettes tied to teen vaping surge

FDA bans Juul e-cigarettes tied to teen vaping surge

WASHINGTON (AP) — U.S. health regulators on Thursday ordered Juul to pull its electronic cigarettes from the market, the latest blow to the embattled company widely blamed for sparking a national surge in teen vaping.
Settlement would forgive $6B for defrauded college students

Settlement would forgive $6B for defrauded college students

The Biden administration has agreed to cancel $6 billion in student loans for about 200,000 former students who say they were defrauded by their colleges, according to a proposed settlement in a Trump-era lawsuit.