Business
Statistics Canada to outline how job market fared in March
By The Canadian Press on April 9th, 2021
OTTAWA – Statistics Canada will say this morning how the job market fared in March as communities loosened, then looked to tighten, public health restrictions. February’s jobs numbers whipped past expectations as the economy added 259,000, almost wiping out losses from the preceding two months, and bringing the unemployment rate to 8.2 per cent. Overall, ... Read More »
Be the first to comment!Iran frees South Korean ship it held amid dispute over funds
By Isabel Debre And Jon Gambrell, The Associated Press on April 8th, 2021
DUBAI, United Arab Emirates – A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars held in Seoul was freed and sailed away early Friday, just hours ahead of further talks between Tehran and world powers over its tattered nuclear deal. MarineTraffic.com data showed the MT Hankuk Chemi ... Read More »
Be the first to comment!South Korean tanker once held by Iran now on the move
By Isabel Debre And Jon Gambrell, The Associated Press on April 8th, 2021
DUBAI, United Arab Emirates – A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars held in Seoul was freed and sailed away early Friday, just hours ahead of further talks between Tehran and world powers over its tattered nuclear deal. MarineTraffic.com data showed the MT Hankuk Chemi ... Read More »
Be the first to comment!Muslim civil rights group sues Facebook over hate speech
By Barbara Ortutay, The Associated Press on April 8th, 2021
A civil rights group is suing Facebook and its executives, saying CEO Mark Zuckerberg made “false and deceptive” statements to Congress when he said the giant social network removes hate speech and other material that violates its rules. The lawsuit, filed by Muslim Advocates in Washington, D.C., Superior Court on Thursday, claims Zuckerberg and other ... Read More »
Be the first to comment!Amazon takes early lead as union vote count gets underway
By Joseph Pisani, The Associated Press on April 8th, 2021
Vote counting in the union push at an Amazon warehouse in Bessemer, Alabama, is underway but a winner may not be determined until Friday. By Thursday evening, the count was tilting heavily against the union, with 1,100 workers rejecting it and 463 voting in favour. The count will resume Friday morning. The Retail, Wholesale and ... Read More »
Be the first to comment!OJ Simpson, Las Vegas Strip hotel settle defamation case
By Ken Ritter, The Associated Press on April 8th, 2021
LAS VEGAS – O.J. Simpson and a Las Vegas hotel-casino have settled a lawsuit alleging that unnamed employees defamed Simpson by telling a celebrity news site he had been banned from the property in November 2017 for being drunk and disruptive. Simpson’s attorney, Malcolm LaVergne, declined Thursday to comment about the agreement reached with Nevada ... Read More »
Be the first to comment!Caucus dissent over COVID OK, breaking health rules means expulsion: Alberta premier
By Dean Bennett, The Canadian Press on April 8th, 2021
EDMONTON – Alberta Premier Jason Kenney is drawing a line in the sand for 18 of his backbenchers who are openly criticizing public-health restrictions meant to face down COVID-19. Kenney says dissent is part of a democracy, but adds he has warned United Conservative legislature members that flouting the rules means disciplinary action that includes ... Read More »
Be the first to comment!‘People are going to work sick:’ Third wave reignites debate over paid sick days
By Brett Bundale, The Canadian Press on April 8th, 2021
The third wave of COVID-19 cases in Canada has reignited debate over sick days, with some calling on provinces to mandate paid sick leave while others say the move could cripple businesses already struggling for survival. The issue came to a head Wednesday during a press conference with Ontario Premier Doug Ford, who directed workers ... Read More »
Be the first to comment!Kenney tells UCP caucus COVID-19 dissent OK, breaking health rules means expulsion
By The Canadian Press on April 8th, 2021
EDMONTON – Alberta Premier Jason Kenney is drawing a line in the sand on the 18 members of his United Conservative Party caucus openly criticizing his COVID-19 health restrictions. Kenney says dissent is democratic but warned that breaking the health rules or encouraging others to do the same means disciplinary action that includes getting kicked ... Read More »
Be the first to comment!Tech sector pushes TSX and U.S. stock markets higher on flattening of bond yields
By The Canadian Press on April 8th, 2021
TORONTO – Technology drove Canada’s main stock index and U.S. markets higher on a levelling of bond yields. The S&P/TSX composite index gained 99.80 points for a record close of 19,228.87. In New York, the Dow Jones industrial average was up 57.31 points at 33,503.57. The S&P 500 index was up 17.22 points at 4,097.17, ... Read More »
Be the first to comment!Feds should be ‘cautious,’ avoid overstimulation with upcoming budget, RBC CEO says
By Tara Deschamps, The Canadian Press on April 8th, 2021
TORONTO – The head of the Royal Bank of Canada says the federal government should be cautious about overspending in its forthcoming budget. “We don’t want to overdo this and some of the numbers that I’m hearing could lead to overstimulation,” Dave McKay, the bank’s chief executive, said during a media roundtable Thursday. “Why not ... Read More »
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