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Risk of U.S. 'profit recession' eases as results beat forecasts

The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicted economic bad news has failed to materialize.

Air Canada to review aircraft systems on Boeing's MAX

Air Canada said on Thursday it was using the down time with its pilots who fly Boeing Co's MAX planes to review various aircraft systems, alternative flight conditions on the aircraft type and maintain their qualifications.

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