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Surging Shopify and energy strength prompts partial recovery of TSX

Surging Shopify and energy strength prompts partial recovery of TSX

TORONTO — Canada's main stock index recovered some of Wednesday's losses as tech darling Shopify Inc. surged after receiving an analyst upgrade. The Ottawa-based company's shares gained 5.
California orders people to wear masks in most indoor spaces

California orders people to wear masks in most indoor spaces

SACRAMENTO, Calif. — California on Thursday started requiring people throughout the state to wear masks in most indoor settings and outdoors when distancing isn't possible. “Science shows that face coverings and masks work,” Gov.
Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Customers seeking one-stop-shop options helped push Empire Co.'s fourth-quarter profits beyond analysts' expectations as the COVID-19 pandemic continued to unfold in Canada.
Lengthy lockout: Co-op announces tentative deal with Regina refinery workers

Lengthy lockout: Co-op announces tentative deal with Regina refinery workers

REGINA — The end could be in sight for a bitter labour dispute between the union and owner of Regina's oil refinery complex, as both sides say they're reached a tentative contract deal. Federated Co-operatives Ltd.
Cream of Wheat, Mrs. Butterworth confront race in packaging

Cream of Wheat, Mrs. Butterworth confront race in packaging

Colgate, Cream of Wheat and Mrs. Butterworth are the latest brands reckoning with racially charged logos. The soul-searching comes in the wake of PepsiCo's announcement Wednesday that it's renaming its Aunt Jemima syrup brand. Mars Inc.
Vale to restart work at Voisey's Bay, production expected to resume in July

Vale to restart work at Voisey's Bay, production expected to resume in July

ST. JOHN'S, N.L. — Vale S.A. is moving to resume operations at the Voisey's Bay mine in Labrador in early July. The company says it has moved from care and maintenance into a planned maintenance period, the first step in restarting operations.

N.S. municipalities facing 'dire financial straits' due to COVID-19, study finds

HALIFAX — Nova Scotia's municipalities have published a report outlining their "dire financial straits," saying without assistance from the province or Ottawa, tax rates will be going up sharply.
European Central Bank hands out 1.3 trillion euros in loans

European Central Bank hands out 1.3 trillion euros in loans

FRANKFURT — The European Central Bank has handed out 1.31 trillion euros ($1.
Jeep SUVs recalled to fix problem that can cause power loss

Jeep SUVs recalled to fix problem that can cause power loss

DETROIT — Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly.
Statistics Canada says wholesale sales posted record plunge in April

Statistics Canada says wholesale sales posted record plunge in April

OTTAWA — Wholesale sales in Canada fell by a record 21.6 per cent to $49.8 billion in April, led by a plunge in the motor vehicle and motor vehicle parts and accessories subsector due to the pandemic.