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Boeing's troubled jet is costing $1 billion to fix so far

Boeing's troubled jet is costing $1 billion to fix so far

Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people.
Microsoft's cloud growth pleases Wall Street

Microsoft's cloud growth pleases Wall Street

REDMOND, Wash. — Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday.

The Latest: Tesla posts Q1 net loss of $700M

SAN FRANCISCO — The Latest on Tesla's first quarter earnings (all times local): 2:15 p.m. Tesla posted a $702.1 million net loss in the first quarter as sales of its electric cars slumped and demand appeared to be waning. The company lost $4.
Toronto stock market, loonie fall  on dovish Bank of Canada outlook

Toronto stock market, loonie fall on dovish Bank of Canada outlook

TORONTO — The Bank of Canada's more dovish outlook Wednesday drove the loonie to a near four-month low and helped to pull the Toronto stock market down from its record high. The Canadian dollar traded at an average of 74.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,586.52, down 82.88 points ). Cenovus Energy Inc. (TSX:CVE). Energy. Down 27 cents, or 1.93 per cent, to $13.74 on 10.3 million shares.
Lululemon plans to double revenue from men's line, digital sales by 2023

Lululemon plans to double revenue from men's line, digital sales by 2023

Atheleisure retailer Lululemon Athletica Inc.
Canadian clean-tech firm claims its oil ‘magnet’ is best at spill response

Canadian clean-tech firm claims its oil ‘magnet’ is best at spill response

The product attracts hydrocarbons, acting more like a magnet than a sponge