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Ottawa investing $1.44B in Telesat to help improve rural and remote internet access

Ottawa investing $1.44B in Telesat to help improve rural and remote internet access

OTTAWA — The federal government has signed a deal to invest $1.44 billion in Telesat's advanced low Earth orbit satellite constellation, Telesat Lightspeed.
AEG Presents to require COVID-19 vaccines for concertgoers

AEG Presents to require COVID-19 vaccines for concertgoers

LOS ANGELES (AP) — AEG Presents, a major tour and festival promoter, announced that COVID-19 vaccines would be required for concertgoers at its clubs, theaters and festivals. The vaccine requirement is set to go into full effect no later than Oct.
OxyContin-maker Purdue goes to judge to confirm settlement

OxyContin-maker Purdue goes to judge to confirm settlement

NEW YORK (AP) — Purdue Pharma's quest to settle thousands of lawsuits over the toll of OxyContin and its other prescription opioid painkillers entered its final phase Thursday with the grudging support of many of those who have claims against the com
Canadian Tire beefs up supply chain 'monster machine' to secure inventory, customers

Canadian Tire beefs up supply chain 'monster machine' to secure inventory, customers

In a pandemic world where inventory is king, Canadian Tire Corp. hopes to secure its spot as one of Canada's reigning retailers by strengthening its supply chain.
Manulife subsidiary buys timberlands in Maine for carbon sequestration

Manulife subsidiary buys timberlands in Maine for carbon sequestration

TORONTO — A U.S. subsidiary of Manulife Financial Corp. has bought 36,000 hectares of timberlands in Maine that will be used for carbon sequestration. Financial terms of the deal by Hancock Natural Resource Group were not immediately available.
Canadians don't want to spend on suits, dress attire at work

Canadians don't want to spend on suits, dress attire at work

Before the pandemic, Rachelle Waterman used to head to the shopping mall before every big work event or weekend outing.
Back-to-back 1% price hike; wholesale prices rise in July

Back-to-back 1% price hike; wholesale prices rise in July

WASHINGTON (AP) — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.
US jobless claims near pandemic low as economy strengthens

US jobless claims near pandemic low as economy strengthens

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in con
Brookfield Asset Management reports Q2 profit, distributable earnings up

Brookfield Asset Management reports Q2 profit, distributable earnings up

TORONTO — Brookfield Asset Management Inc. reported a profit in its latest quarter compared with a loss a year ago. The asset manager, which keeps its books in U.S.
Pedro Almodóvar warns against algorithms in Instagram row

Pedro Almodóvar warns against algorithms in Instagram row

MADRID (AP) — Declaring “victory” over Instagram after a controversial poster for his upcoming film was censored and then reinstated, Spanish director Pedro Almodóvar said Thursday that society must be alert to the power of algorithms in deciding wha
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