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'The Lion King,' 'Toy Story 4' help boost Disney's profit

'The Lion King,' 'Toy Story 4' help boost Disney's profit

NEW YORK — Walt Disney Co. on Thursday reported fiscal fourth-quarter net income that beat Wall Street's expectations thanks to strong theatre revenue from films like "The Lion King" and "Toy Story 4," along with higher parks revenue.
Hopes rise that lifting tariffs could allow US-China accord

Hopes rise that lifting tariffs could allow US-China accord

BEIJING — The prospects for a preliminary breakthrough in the U.S.-China trade war improved Thursday after the two sides agreed to reduce some punitive tariffs on each other's goods, though the full extent of the rollback wasn't clear.
Drake launches cannabis brand More Life Growth in partnership with Canopy Growth

Drake launches cannabis brand More Life Growth in partnership with Canopy Growth

TORONTO — Drake rapped about starting from the bottom, but his new venture in the cannabis industry is certainly a higher business. The Toronto-raised performer has signed an investment partnership to launch More Life Growth Co.
Signs of trade breakthrough push U.S. stock markets to new records, TSX higher

Signs of trade breakthrough push U.S. stock markets to new records, TSX higher

TORONTO — Brightened prospects of a breakthrough in the trade war between the world's two largest economies propelled U.S. stock markets to new record highs and pushed Canada's main index higher Thursday.
PG&E falls into deeper hole in 3Q with $1.6 billion loss

PG&E falls into deeper hole in 3Q with $1.6 billion loss

Pacific Gas & Electric reported another huge loss on Thursday as the fallout from catastrophic wildfires blamed on its outdated transmission lines drive the bankrupt utility into a deeper hole.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,805.75 , up 60.11 points.) Kinross Gold Corp. (TSX:K). Materials. Down 80 cents, or 12.6 per cent, to $5.55 on 10.
Judge fines Trump $2 million for misusing charity foundation

Judge fines Trump $2 million for misusing charity foundation

NEW YORK — A judge Thursday ordered President Donald Trump to pay $2 million to an array of charities as a fine for misusing his own charitable foundation to further his political and business interests.
Natural gas power station going ahead: Saskatchewan government

Natural gas power station going ahead: Saskatchewan government

REGINA — The Saskatchewan government says a plan to build a natural gas power station in Moose Jaw is moving ahead.
Saputo net profits beat expectations in second-quarter at $174.9 million

Saputo net profits beat expectations in second-quarter at $174.9 million

MONTREAL — Saputo Inc.'s quarterly profit beat analyst expectations, as the company continued to face some challenges in the industry.
Manulife, Sun Life's Q3 earnings get Asia boost despite Hong Kong tensions

Manulife, Sun Life's Q3 earnings get Asia boost despite Hong Kong tensions

TORONTO — Manulife Financial Corp. and Sun Life Financial Corp. say anti-government protests in Hong Kong have not had a large impact on their businesses there.