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Lyft hikes IPO target to $70-$72 a share as excitement rises

Lyft hikes IPO target to $70-$72 a share as excitement rises

SAN FRANCISCO — Lyft is lifting the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service that's gaining ground on its rival Uber.
Colorado oil debate gets personal as lawmakers weigh rules

Colorado oil debate gets personal as lawmakers weigh rules

DENVER — Colorado's long-running battle over oil and gas drilling in suburban neighbourhoods has erupted again, and this time the stakes are deeply personal.
Lululemon Q4 profit soars 80 per cent, beating analyst expectations

Lululemon Q4 profit soars 80 per cent, beating analyst expectations

VANCOUVER — Lululemon Athletica Inc. is planning to expand its product offering and roll out a national loyalty membership plan after its profit surged more than 80 per cent in its most recent quarter, blowing past analysts' expectations.
Maddow, other MSNBC hosts see ratings drop, Fox up

Maddow, other MSNBC hosts see ratings drop, Fox up

NEW YORK — Rachel Maddow isn't backing away from her coverage of President Donald Trump and any connection to Russia's involvement in trying to influence the 2016 presidential campaign. The question is how much her fans want to listen.
FAA defends its reliance on aircraft makers to certify jets

FAA defends its reliance on aircraft makers to certify jets

WASHINGTON — Under fire from lawmakers on Capitol Hill over the two deadly Boeing crashes, the head of the Federal Aviation Administration on Wednesday defended the FAA's practice of relying on aircraft makers to help certify their own planes for fli
Toronto stock market drops again on angst about global economy and Brexit risks

Toronto stock market drops again on angst about global economy and Brexit risks

TORONTO — Canada's main stock index fell again Wednesday as it continued to bob up and down on investor angst about the global economy and the outcome of Brexit.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,132.53, down 22.63 points ). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 40 cents, or 3.27 per cent, to $11.83 on 13 million shares.

Saudi Aramco acquires $69B stake in petrochemical firm SABIC

RIYADH, Saudi Arabia — Saudi Aramco signed a $69.1 billion deal Wednesday to purchase a 70 per cent share in petrochemical firm SABIC, helping pump capital into the kingdom's sovereign wealth fund that the crown prince oversees.
Southwest says grounded jets contribute to lower revenue

Southwest says grounded jets contribute to lower revenue

DALLAS — Southwest Airlines says thousands of cancelled flights, including 2,800 due to grounding its Boeing 737 Max 8 jets, are contributing to weaker bookings and $150 million less in first-quarter revenue than previously expected.
Statistics Canada reports trade deficit shrinks to $4.2B in January

Statistics Canada reports trade deficit shrinks to $4.2B in January

OTTAWA — Higher oil prices helped shrink the country's merchandise trade deficit in January from its record high set at the end of last year as exports rose for the first time since July.