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Boeing named an aerospace industry veteran with a background in mechanical engineering as its next chief executive Wednesday, looking to open a new chapter at a company rocked by legal, regulatory and production problems and mounting financial reperc

VANCOUVER — Western Forest Products Inc. says it lost $5.7 million during the second quarter, compared with a loss of $20.7 million a year earlier. The Vancouver-based company says revenues were $309.

SAN FRANCISCO (AP) — Facebook and Instagram parent company Meta Platforms Inc. reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading.

TORONTO — Gains in energy stocks and base metals led Canada's main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names led a rally on U.S. stock markets, and the U.S.

OTTAWA — The Conservative party released two new ads this week attacking NDP Leader Jagmeet Singh as a "sellout," blaming him for a national rise in crime, housing prices and costly living.

NEW YORK (AP) — Big technology stocks drove a rally for U.S. indexes, as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon. The S&P 500 jumped 1.6% Wednesday for its best day in five months.

CALGARY — Canada's largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year.

MONTREAL — WSP Global Inc. is eyeing larger acquisitions once again after working to integrate its sprawling operations as it snapped up smaller companies over the past 18 months, says CEO Alexandre L’Heureux.

GREENFIELD, N.S. — Nova Scotia has announced its next steps to improve the sporadic cellular phone coverage in rural areas across the province, committing Wednesday to spend another $18.6 million to build 27 new telecommunication towers.

TORONTO — The Toronto International Film Festival says it has signed up Rogers Communications as its new "presenting sponsor," but only for the film festival itself and only for a single year.