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Airline stocks gain as daily travelers top 3 million, exceeding 2019 high
The airline sector traded mostly higher Monday, after data showed there were more travelers at the end of the July 4 weekend than on any day last year or in 2019.
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Canada Industrial Relations Board deems port strike vote illegal
The Canada Industrial Relations Board (CIRB) says a strike vote taken by a union representing ship and dock foremen is illegal.The B.C. Maritime Employers Association (BCMEA) said Friday that Local 514 of the International Longshore and…
How stock-market investors are making sense of Biden candidacy uncertainty
Stock-market investors are taking uncertainty around President Joe Biden’s candidacy in stride, but analysts see volatility ahead.
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Copper theft has been growing. The telecom industry wants tougher penalties
The Canadian telecommunications industry wants stiffer penalties for copper wire thieves, who they say are repeatedly causing outages that can leave thousands of customers without service when they cut the wire off utility poles to sell…
‘He thinks I’m too materialistic’: My husband and I are in our 40s. He
“I am really worried that if I’m not around, he will not be able to manage the basics of everyday life for himself and our children.”
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Canadian unemployment rate rises to 6.4%, with student summer jobs
The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday.The unemployment rate has trended upward for more than a year,…
S&P 500 scores record high as jobs data point to cooling ‘but not
The U.S. stock market has extended its summer rally, with the S&P 500 index climbing to yet another record peak Friday as investors weighed the latest jobs report.
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Human error caused 2022 Rogers outage, system ‘deficiencies’ made it worse:
The 2022 Rogers outage that left 12 million people without wireless and hard-wired services was caused by human error and made worse by management and system "deficiencies," says an independent review conducted for Canada's…
Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout
After earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300 million, the Wall Street Journal reported…
Hudson’s Bay Company to buy luxury retailer Neiman Marcus in $2.65B US deal
Canadian retailer Hudson's Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday.The deal was announced after months of speculation that HBC would buy the chain, whose website lists…