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Consumer agency sues Navient over student loan repayments

WASHINGTON — Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,397.85, down 43.51 points) : Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 10 cents, or 3.64 per cent, to $2.65 on 14.

Yellen: Expect Fed to gradually hike rates over next 3 years

WASHINGTON — Federal Reserve Chair Janet Yellen says she expects the Fed to raise its benchmark interest rate several times a year through 2019, as it moves closer toward to its economic goals of maximum employment and stable inflation.

Uranium miner Cameco issues pink clips and writedowns amid global glut

CALGARY — A global oversupply of uranium, partly brought on by the closures of dozens of nuclear reactors in Japan, continues to buffet Cameco as the Saskatoon-based miner issues pink slips and warns investors that its financials are worse than expec

Loonie loses more than a cent after Poloz says rate cut still 'on the table'

TORONTO — The Canadian dollar was dragged down more than a full U.S. cent following comments from the Bank of Canada that an interest rate cut "remains on the table" if conditions warrant. The loonie lost 1.16 U.S. cents to 75.
Study illustrates Facebook's growth as campaign news source

Study illustrates Facebook's growth as campaign news source

NEW YORK — Donald Trump and Hillary Clinton voters had different media diets, but a study finds common ground in Facebook as an important news source — even if their individual feeds bore little resemblance to each other's.

Canadian Pacific Railway says Hunter Harrison stepping down immediately

CALGARY — Canadian Pacific Railway Ltd. (TSX:CP) says that Hunter Harrison will step down as CEO immediately instead of leaving in July as announced last summer.

Mall of America to reopen movie theatres with gourmet food

BLOOMINGTON, Minn. — The Mall of America plans to continue showing movies, but in a renovated space that offers oversized reclining chairs, gourmet food and wines and cocktails. The Star Tribune (http://strib.
Commerce pick say NAFTA will be early target for team Trump

Commerce pick say NAFTA will be early target for team Trump

WASHINGTON — Breaking with Republican orthodoxy, a new Trump administration will work quickly to re-do the North American Free Trade Agreement, a massive trade pact with Canada and Mexico that has boosted trade but still stings laid off workers acros
Price tries to reassure on health care; Dems not buying it

Price tries to reassure on health care; Dems not buying it

WASHINGTON — Offering reassurances, President-elect Donald Trump's pick for health secretary said Wednesday the new administration won't "pull the rug out" from those covered by "Obamacare." Democrats were unimpressed, noting a lack of specifics.