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Couples are finally making their way down wedding aisles in Ontario after years of pandemic-related restrictions derailed many matrimonial plans. For industry members, the 2022 wedding season is like nothing they've ever experienced. But some wonder what their businesses will look like after the chaos has subsided. Source

NEW YORK - Peloton is laying off employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash. The changes were disclosed Friday in a memo to employees of the maker of high-end exercise bikes and treadmills from its new CEO Barry McCarthy. Source

MOSCOW - Russia's gross domestic product contracted 4% in the second quarter of this year, the first full quarter since Russia sent troops into Ukraine, the state statistical service said Friday. Russia was hit with a wide array of sanctions following its move into Ukraine on Feb. Source

Ontario's cannabis wholesaler says hundreds of pot shops will start receiving product deliveries over the next few days as it restarts systems turned off because of a cyberattack on one of its logistics partners. The Ontario Cannabis Store says extra shifts have been added at its distribution centre to ramp up deliveries to pot shops and customers who have been waiting for marijuana since last week. Source

NEW YORK - Capping an extraordinary week in Donald Trump's post-presidency, a New York judge ordered Friday that his company and its longtime finance chief stand trial in the fall on tax fraud charges stemming from a long-running criminal investigation into Trump's business practices. Source

OTTAWA - Telus Corp. wants to pass on credit card fees to customers and plans to add a 1.5 per cent "processing fee" starting this fall. In a letter to the Canadian Radio-television and Telecommunications Commission, the telecom giant says the surcharge is intended "to cover the processing costs that credit card payments incur" and would apply to current and future customers outside Quebec. Source

OTTAWA - Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3 per cent to $20.8 billion. Source

LONDON - The United Kingdom's economy shrank in the three months to June, figures released Friday showed -- a smaller-than-expected contraction that nevertheless added to jitters about the rocky months ahead. The Office for National Statistics said Britain's gross domestic product fell by 0.1 per cent between April and June, down from 0.8 per cent growth in the previous quarter. Source

TORONTO - Rogers Communications Inc. and Shaw Communications Inc. have signed a definitive agreement with Quebecor Inc. that will see the Montreal-based telecom company acquire wireless carrier Freedom Mobile Inc. Rogers will sell Shaw-owned Freedom to Videotron Ltd. Source

BEIJING - Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits. Source