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Hudson’s Bay Co. reported to be in bid for Macy’s

Shares of Hudson’s Bay Co. and department store chain Macy’s surged on Friday following reports that the venerable Canadian retailer has made a takeover approach to the U.S. company. Hudson’s Bay shares rose as high as $10.62 on the TSX before pulling back to close at $10.39, up 39 cents, …

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Beef, pork prices continue downward slide

Beef and pork livestock prices are plunging to levels not seen in several years, and the price tags in grocery store meat departments are beginning to fall as well. Cattle prices are at their lowest point in almost three years in Alberta, while the value of hogs is at a …

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Trump boycotts leave companies caught in the crossfire

The administration of U.S. President Donald Trump is barely two weeks old, but it has already whipped up vitriol on all sides. Consumers are moving in waves to voice their concerns via their wallets, pledging boycotts and protests against companies perceived to be either for or against the new president. …

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Volkswagen surpasses Toyota in 2016 sales

Toyota has relinquished the title of the world’s biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen’s 10.31 million. General Motors reports its tally next week. If GM’s number falls short, it will be the first time the German automaker has become No. …

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