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Stocks on Wall Street shook off a downbeat start and ended broadly higher Friday, though the rebound was not enough to erase their losses for the week.
Source: ctv business
Wall Street closes higher but still ends week in the red

Two of Canada’s largest airlines announced steps this week to cope with delays, cancellations and service issues. Head to CTVNews.ca to read about the changes announced by Air Canada and WestJet.
Source: ctv business
Here’s what Air Canada and WestJet have said about reducing flights

As stocks continue to slump, it can be easy to let your emotions take over if you’ve got money invested in the market. But experts agree that there’s no need to panic if you’re invested in the right type of portfolio with the right level of risk.
Source: ctv business
Stocks are down, but here’s why experts say you shouldn’t panic

Calgary-based WestJet says it is taking a ‘very measured’ strategy in order to maintain services this summer, which includes a lighter summer travel schedule that the company introduced earlier this year.
Source: ctv business
WestJet taking steps to cope with ‘unpredecented challenge’

Air Canada’s stock fell seven per cent in early morning trading after the carrier announced major cuts to its summer flight schedule.
Source: ctv business
Air Canada stock nosedives after carrier slashes summer schedule

Printer maker Xerox Holdings Corp said on Wednesday Chief Executive Officer John Visentin, 59, has died due to complications from an ongoing illness.
Source: ctv business
Xerox CEO John Visentin dies at 59

Europe prepared to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fuelling skepticism and sparking calls for tighter scrutiny.
Source: ctv business
Crypto rules to make Europe a global leader as prices plunge

The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fuelled inflation plaguing the global economy.
Source: ctv business
OPEC+ oil boost likely not much help to high gasoline prices

Economic growth slowed in April and Statistics Canada said Thursday its early estimate for May pointed to a contraction for the month amid weakness in the resource, manufacturing and construction sectors.
Source: ctv business
Statistics Canada says economy grew 0.3 per cent in April, but contracted in May

Stocks fell broadly in midday trading on Wall Street Thursday and are on track to cap off their worst quarter since the early days of the pandemic.
Source: ctv business
Stocks fall broadly, head for worst quarter since early 2020