July 1st, 2015

Business

Justice Department investigating potential collusion among major airlines that kept fares high

By David Koenig, Scott Mayerowitz And Eric Tucker, The Associated Press on July 1st, 2015

WASHINGTON – The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press. The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signalled to each other how quickly they would add new flights, ... Read More »

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Jamaicans gather at reggae conference to brainstorm ways of boosting homegrown music

By The Associated Press on July 1st, 2015

KINGSTON, Jamaica – Jamaican government officials, lawyers and creative types have held a reggae conference to hash over ways of securing a competitive advantage with the homegrown music that long ago went global. Industry Minister Anthony Hylton was one of the officials attending Kingston’s “international reggae day” gathering Wednesday. Hylton describes reggae as “part of ... Read More »

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Emmitt Smith, Flo Rida defect from Miss USA, Macy’s cuts ties with Trump

By David Bauder, The Associated Press on July 1st, 2015

NEW YORK, N.Y. – Rapper Flo Rida, the Macy’s department store chain and football Hall of Famer Emmitt Smith all had something in common on Wednesday: They’re the latest to distance themselves from Donald Trump following his remarks about Mexican immigrants. The Republican presidential hopeful’s team is struggling to hold the Miss USA pageant together ... Read More »

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Macy’s dumps Donald Trump, Miss USA performers, judges defect

By David Bauder, The Associated Press on July 1st, 2015

NEW YORK, N.Y. – Rapper Flo Rida, the Macy’s department store chain and HGTV “Property Brothers” star Jonathan Scott all had something in common on Wednesday: They’re the latest to distance themselves from Donald Trump following his remarks about Mexican immigrants. The Republican presidential hopeful’s team is struggling to hold the Miss USA pageant together ... Read More »

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US Justice Department sues to block sale of GE’s appliance business to Electrolux

By The Associated Press on July 1st, 2015

NEW YORK, N.Y. – The U.S. government is suing to stop Electrolux from buying General Electric’s appliance division, saying the combined company would dominate sales of kitchen appliances to customers like home builders, property managers, hotels, and governments. General Electric Co. says it will defend the sale in court and aims to complete the $3.3 ... Read More »

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Lionsgate and Hasbro team up for ‘Monopoly’ feature film based on board game

By The Associated Press on July 1st, 2015

SANTA MONICA, Calif. – Uncle Pennybags is going to Hollywood. Lionsgate said Wednesday it will turn Monopoly – the ubiquitous American board game – into a feature length film, in collaboration with toy maker Hasbro. The announcement follows the blockbuster success of last year’s “The Lego Movie,” which grossed more than $468 million worldwide. Other ... Read More »

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Nova Scotia ‘virtually non-existent’ among some global business people: report

By Aly Thomson, The Canadian Press on July 1st, 2015

HALIFAX – A report commissioned by the Nova Scotia government says awareness of the province among some global business people is “virtually non-existent.” It says many business people found that their interactions with global business partners almost always necessitated an explanation of where Nova Scotia is and why they were doing business in the province. ... Read More »

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Business innovation has continued to fade despite billions in federal cash: memo

By Andy Blatchford, The Canadian Press on July 1st, 2015

OTTAWA – Spending billions of public dollars over two decades has done little to reverse Canada’s long decline in the key economic category of business innovation, the federal government acknowledges in a newly released document. The self-assessment, contained in a “secret” memorandum to Finance Minister Joe Oliver, underlines how chronically sluggish business innovation remains “of ... Read More »

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Macy’s dumps Donald Trump, rapper Flo Rida pulls out of Miss USA pageant

By Mae Anderson, The Associated Press on July 1st, 2015

NEW YORK, N.Y. – Rapper Flo Rida has pulled out of his guest appearance at the “Miss USA” pageant later this month, part of the continued fallout over pageant owner Donald Trump’s remarks about Mexican immigrants during his presidential campaign announcement. A representative of the platinum-selling rapper confirmed that Flo Rida won’t be performing at ... Read More »

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Documentary film nears release on Market Basket dispute, power struggle between cousins

By Mark Pratt, The Associated Press on July 1st, 2015

BOSTON – One of the most remarkable work stoppages in U.S. labour history will soon be the subject of a new documentary film. Director Jay Childs says “Food Fight: Inside the Battle for Market Basket” should be released in the fall. The film’s first trailer was recently posted online. The film is about the yearslong ... Read More »

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Greek leader presses on with vote on austerity after creditors reject bid for quick deal

By Elena Becatoros, The Associated Press on July 1st, 2015

ATHENS, Greece – Greece’s government pressed ahead Wednesday with its plan to put austerity measures to voters after European creditors rebuffed its latest proposal for a new aid program. But finance ministers were still discussing the country’s situation and nothing seemed set in stone. Many European officials had ruled out any deal with Greece before ... Read More »

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