January 24th, 2022

Business

Tech sector helps lift S&P/TSX composite higher, U.S. stock markets also rise

By The Canadian Press on January 20th, 2022

TORONTO – Gains in the technology sector helped Canada’s main stock index gain more than 100 points in late-morning trading, while U.S. stock markets also moved higher. The S&P/TSX composite index was up 104.36 points at 21,309.52. In New York, the Dow Jones industrial average was up 378.53 points at 35,407.18. The S&P 500 index ... Read More »

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Rent banks a ‘lifesaver’ for Canadians earning low, moderate incomes

By Tara Deschamps, The Canadian Press on January 20th, 2022

TORONTO – Luz Lopez-Dee was on the brink of eviction years ago, when she missed a government letter that was crucial for her to receive pension payments. The retiree was awash with nerves about how she would come up with rent, while she sorted out the stopped payments and cared for her husband, who had ... Read More »

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US jobless claims rise to 286,000, highest since October

By Paul Wiseman, The Associated Press on January 20th, 2022

WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Jobless claims rose for the third straight week – by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday. The four-week average of claims, which ... Read More »

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American Airlines reports $931 million fourth-quarter loss

By David Koenig, The Associated Press on January 20th, 2022

DALLAS – American Airlines lost $931 million in the fourth quarter and the omicron variant of COVID-19 is delaying its recovery from nearly two years of pandemic. First-quarter revenue is expected to be down about 20% to 22% compared with the first quarter of 2019, and it will fly slightly less than it did two ... Read More »

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Long-haul carrier Emirates resumes Boeing 777 flights to US

By The Associated Press on January 20th, 2022

DUBAI, United Arab Emirates (AP) – Long-haul carrier Emirates said Thursday it would resume its Boeing 777 flights to the U.S. amid an ongoing dispute over the rollout of new 5G services there. Emirates said its Boeing 777 service to Chicago, Dallas Fort Worth, Miami, Newark, Orlando and Seattle would resume Friday. Flights to Boston, ... Read More »

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Spears case drives California bid to limit conservatorships

By Don Thompson, The Associated Press on January 19th, 2022

SACRAMENTO, Calif. (AP) – Disability rights activists and advocates for Britney Spears backed a California proposal Wednesday to provide more protections for those under court-ordered conservatorships, while promoting less-restrictive alternatives. Their move came as the volatile Spears case again boiled over in a Los Angeles County courtroom. The hearing to settle lingering issues in the ... Read More »

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Football games send viewers to TV on cold weekend

By David Bauder, The Associated Press on January 19th, 2022

NEW YORK (AP) – The NFL wild card games and the NCAA football championship gathered millions of people in front of their television sets on a cold winter weekend. An average of 30.5 million people watched the NFL’s wild card games on television and digitally over the weekend, which the league said was up 21% ... Read More »

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St. John’s airport skirts ‘forced closure’ for another 24 hours, says labour minister

By Sarah Smellie, The Canadian Press on January 19th, 2022

ST. JOHN’S, N.L. – Federal Labour Minister Seamus O’Regan says the parties involved in a labour dispute at the St John’s International Airport have agreed to keep the facility running for another 24 hours. In a tweet Wednesday evening, O’Regan said the St. John’s International Airport Authority and the union representing the airport’s firefighters will ... Read More »

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Biden says Putin will pay ‘dear price’ if he invades Ukraine

By Matthew Lee And Aamer Madhani, The Associated Press on January 19th, 2022

WASHINGTON (AP) – President Joe Biden said he believes Vladimir Putin doesn’t want full blown war in Ukraine and would pay a “dear price” if he moves forward with a military incursion. Biden, speaking at a news conference to mark his one-year anniversary in office, also said he believes that Russia is preparing to take ... Read More »

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Biden says Putin will pay ‘dear price’ if invades Ukraine

By Matthew Lee, The Associated Press on January 19th, 2022

KYIV, Ukraine (AP) – President Joe Biden said he believes Vladimir Putin doesn’t want full blown war in Ukraine and would pay a “dear price” if he moves forward with a military incursion. Biden, speaking at a news conference to mark his one-year anniversary in office, also said he believes that Russia is preparing to ... Read More »

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California may limit conservatorships, promote alternatives

By Don Thompson, The Associated Press on January 19th, 2022

SACRAMENTO, Calif. (AP) – Disability rights activists and advocates for Britney Spears backed a California proposal Wednesday to provide more protections for those under court-ordered conservatorships, while promoting less-restrictive alternatives. What are known as probate conservatorships are overused and misused in California, say groups including Disability Voices United, Disability Rights California, Disability Rights Education and ... Read More »

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