June 19th, 2018

Business

Some fear changes to state laws as US weighs pot medicine

By Kathleen Foody And P. Solomon Banda, The Associated Press on June 19th, 2018

COLORADO SPRINGS, Colo. – Some American parents who for years have used cannabis to treat severe forms of epilepsy in their children are feeling more cautious than celebratory as U.S. regulators near a decision on whether to approve the first drug derived from the marijuana plant. The U.S. Food and Drug Administration is expected to ... Read More »

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In tit-for-tat, Trump threatens more tariffs against China

By Zeke Miller And Jeff Karoub, The Associated Press on June 19th, 2018

WASHINGTON – President Donald Trump has directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports as the two nations move closer to a trade war. In response, China has threatened what it called “comprehensive measures,” raising the risk that it would target major American companies operating in China. Trump’s ... Read More »

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Canadians at risk of being ‘data cows’ absent big data strategy, documents show

By The Canadian Press on June 19th, 2018

OTTAWA – Federal officials are being warned that artificial intelligence could give internet giants like Facebook and Amazon even more power to reshape the Canadian economy, threatening the viability of domestic businesses. A December presentation to senior civil servants said that Canadian companies were losing ownership of and access to data to the likes of ... Read More »

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IBM computer proves formidable against 2 human debaters

By Matt O'Brien, The Associated Press on June 19th, 2018

SAN FRANCISCO – An argumentative computer proved formidable against two human debaters as IBM gave its first public demonstration of new artificial intelligence technology it’s been working on for more than five years. The new skills show that computers are getting better at mastering human language and speech. The computer made its case for government-subsidized ... Read More »

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Verizon, AT&T to end location data sales to brokers

By Frank Bajak, The Associated Press on June 19th, 2018

Verizon and AT&T have pledged to stop providing information on phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of wireless devices without their owners’ knowledge or consent. Verizon said that about 75 companies ... Read More »

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Trump assails Canadian tariffs, accuses people of smuggling U.S. goods home

By The Canadian Press on June 19th, 2018

OTTAWA – U.S. President Donald Trump is accusing Canadians of buying products south of the border, then sneaking them back home – all because of what he calls “massive” tariffs on American goods. Trump, speaking to a gathering of small business owners in Washington, is railing again against the North American Free Trade Agreement, saying ... Read More »

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Better prices and new pipelines expected to drive higher Canadian crude output

By The Canadian Press on June 19th, 2018

CALGARY – The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030. In a forecast based on financial modelling, the Calgary-based think-tank calls for the Enbridge Line 3 and ... Read More »

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Aldo Group reaches $120,000 settlement with New York in job discrimination case

By The Canadian Press on June 19th, 2018

NEW YORK – Aldo Group Inc. has agreed to pay US$120,000 under a settlement regarding allegations the shoe retailer used job applications that asked prospective applicants about their criminal history, according to the New York state attorney general. New York state law requires employers to individually assess an applicant’s criminal record and determine its relevance ... Read More »

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Commons Speaker says no to Tory calls for emergency debate on Canada-U.S. trade

By The Canadian Press on June 19th, 2018

OTTAWA – The official Opposition’s is calling for an emergency debate in the House of Commons over the future of the Canada-U.S. trade – but Speaker Geoff Regan is having none of it. Conservative foreign affairs critic Erin O’Toole says Canadians need to see their elected representatives addressing what is the biggest economic crisis in ... Read More »

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North American stocks fall amid U.S.-China tariff threats, loonie lower

By The Canadian Press on June 19th, 2018

TORONTO – North American stock markets fell in late-morning trading as U.S. President Donald Trump threatened tariffs on another $200 billion in imports from China which said it would retaliate. The S&P/TSX composite index was down 68.77 points to 16,314.86, after 90 minutes of trading. In New York, the Dow Jones industrial average was down ... Read More »

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Verizon to end location data sales to brokers

By Frank Bajak, The Associated Press on June 19th, 2018

Verizon is pledging to stop sales through intermediaries of data that pinpoints the location of mobile phones to outside companies, the Associated Press has learned. It is the first major U.S. wireless carrier to step back from a business practice that has drawn criticism for endangering privacy. The data has allowed outsiders to track wireless ... Read More »

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