October 20th, 2019

Business

Facebook CEO promotes free speech; no questions from press

By Marcy Gordon, The Associated Press on October 17th, 2019

WASHINGTON – Facebook CEO Mark Zuckerberg promoted free expression Thursday in a speech at Georgetown University, but restrictions on news coverage of the event drew criticism that its rules undermined its message. Reporters were not allowed to ask questions – only students were given that chance, filtered by a moderator. Facebook and Georgetown barred news ... Read More »

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Competition tribunal rules in favour of Vancouver airport on in-flight food case

By The Canadian Press on October 17th, 2019

OTTAWA – The federal Competition Tribunal has come down in favour of the Vancouver Airport Authority in a case involving catering companies that provide airplane food. The quasi-judicial body on Thursday dismissed a claim by the Competition Bureau arguing that the airport operator effectively dampened competition among in-flight catering companies. In a case launched in ... Read More »

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TSX flat despite surge by cannabis sector on legalization anniversary

By The Canadian Press on October 17th, 2019

TORONTO – Canada’s main stock index fell by less than a point even as the health care sector surged on the first anniversary of cannabis legalization and the opening of the next frontier with beverages, edibles, topicals and vapes. The S&P/TSX composite index closed down 0.88 of a point at 16,426.30. In New York, the ... Read More »

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Canada Post resetting online account passwords after data compromised

By The Canadian Press on October 17th, 2019

OTTAWA – Canada Post says it is resetting passwords for all online customer accounts after a report that some personal information may have been compromised. The postal service says that login names and passwords stolen in privacy breaches elsewhere may have been used to access Canada Post accounts if customers reused their login credentials on ... Read More »

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‘The more you test, the more you find’: Recalls a sign of success, experts say

By Aleksandra Sagan, The Canadian Press on October 17th, 2019

VANCOUVER – A wide-ranging recall of hundreds of beef and veal products from restaurants, grocery stores and hotels due to possible E. coli contamination is the latest in a slew of high-profile food recalls in Canada. Despite appearances, experts say a recent rise in major recalls is not a sign of food supply problems, but ... Read More »

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Pre-harvest prevention key to avoiding future food recalls, experts say

By The Canadian Press on October 17th, 2019

Food safety experts say pre-harvest prevention methods such as vaccines could help stop food safety recalls such as the one currently underway. Nearly 700 beef and veal products have been recalled in Canada in recent weeks due to possible E. coli contamination – though no linked illnesses have been reported, according to the Canadian Food ... Read More »

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Wal-Mart, Home Depot lose bid to appeal deal in credit-card class action

By Colin Perkel, The Canadian Press on October 17th, 2019

TORONTO – Members of a class action have no right to appeal a court-approved settlement of the lawsuit, Ontario’s top court ruled on Thursday. The Court of Appeal decision means Walmart Canada and The Home Depot Canada are bound by a multimillion-dollar agreement reached between the plaintiffs, the credit card companies Visa and Mastercard and ... Read More »

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Boris Johnson gets EU Brexit deal; next hurdle is Parliament

By Raf Casert, Jill Lawless And Lori Hinnant, The Associated Press on October 17th, 2019

BRUSSELS – British Prime Minister Boris Johnson’s career of disdain for the European Union was a thing of the past on Thursday as he and the bloc’s leaders celebrated their long-sought Brexit deal. He now faces an opponent closer to home: his own Parliament. With the ink barely dry on the proposal and Johnson still ... Read More »

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GM contract: worker pay hikes, factory closings move forward

By Tom Krisher, The Associated Press on October 17th, 2019

DETROIT – A tentative four year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. In return, the contract allows GM to proceed with factory closures in Lordstown, Ohio, Warren, Michigan, and near Baltimore. Details were posted Thursday on the union website as factory ... Read More »

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UK, EU reach Brexit deal, with Parliament as next hurdle

By Raf Casert, Jill Lawless And Lori Hinnant, The Associated Press on October 17th, 2019

BRUSSELS – British Prime Minister Boris Johnson’s career of disdain for the European Union was a thing of the past on Thursday as he and the bloc’s leaders celebrated their tentative Brexit deal. He now faces an opponent closer to home: his own Parliament. With the ink barely dry on the proposal and Johnson still ... Read More »

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Toronto stock market edges higher, while U.S. stocks move up; loonie up

By The Canadian Press on October 17th, 2019

TORONTO – Canada’s main stock index edged higher as gains in the materials sector offset losses in the financial stocks, while U.S. stock markets pushed higher. The S&P/TSX composite index was up 5.96 points at 16,433.14. In New York, the Dow Jones industrial average was up 37.66 points at 27,039.64. The S&P 500 index was ... Read More »

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