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CIBC hikes dividend as it reports third-quarter profit rise, beating estimates

CIBC hikes dividend as it reports third-quarter profit rise, beating estimates

TORONTO — The Canadian Imperial Bank Of Commerce hiked its dividend and reported a two per cent rise in its third-quarter net income to beat analyst estimates.
S. Korea cancels Japan intelligence deal amid trade dispute

S. Korea cancels Japan intelligence deal amid trade dispute

SEOUL, Korea, Republic Of — South Korea said Thursday it will terminate an intelligence-sharing deal with Japan that focused on classified information about North Korea, a surprise announcement that is likely to set back U.S.
Businessman-art collector Leonard A. Lauder writing memoir

Businessman-art collector Leonard A. Lauder writing memoir

NEW YORK — Leonard A. Lauder, chairman emeritus of the Estee Lauder Companies, is working on a memoir about the cosmetics company that his mother founded and he helped build into an international empire.
Statistics Canada reports wholesale sales up 0.6 per cent in June

Statistics Canada reports wholesale sales up 0.6 per cent in June

OTTAWA — Statistics Canada says wholesale sales climbed 0.6 per cent to $64.1 billion in June following a drop of 1.9 per cent in May. Economists had expected an increase of 0.
Estate planning for Fido: How to make sure pets live the good life if you go

Estate planning for Fido: How to make sure pets live the good life if you go

If four-year-old Gracie's parents die, a trusted family member receives $10,000 from their estate to care for the Bernese Mountain Dog and poodle mix.
Trump flip-flops on tax cuts, saying US has 'strong economy'

Trump flip-flops on tax cuts, saying US has 'strong economy'

WASHINGTON — A day after considering cutting taxes to promote economic growth, President Donald Trump changed course and said he would abandon the idea because the nation already had "a strong economy.
Retail giants face pressure to change chemical-coated receipt paper

Retail giants face pressure to change chemical-coated receipt paper

Some of Canada's biggest retailers started testing alternatives to receipt paper that's coated in potentially dangerous chemicals, as pressure mounts for them to phase it out by the end of this year.

Pembina CEO says 'noise' makes Trans Mountain pipeline bid unlikely

CALGARY — The CEO of Pembina Pipeline Corp. says the Trans Mountain pipeline system would fit neatly into his company's business model but he wouldn't want the "noise" associated with its controversial expansion project.

Retailers' results show sharp divide between losers, winners

NEW YORK — The divide between retail winners and losers is widening.
Germany's Merkel dangles possibility of negotiated Brexit

Germany's Merkel dangles possibility of negotiated Brexit

BERLIN — German Chancellor Angela Merkel raised the possibility that a negotiated departure for Britain from the European Union might still be possible even as the clock is ticking on a deal that would satisfy both sides.
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