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Crude-by-rail shipments bounce back from summer lows in September, says CER
CALGARY — Canadian exports of crude oil by rail are bouncing back after falling to an eight-year low in July.
Nov 25, 2020 2:03 PM
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As economy struggles, Fed weighs boosting bond purchases
WASHINGTON — At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to boost the economy. The Fed on Wednesday released minutes of its Nov.
Nov 25, 2020 1:56 PM
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Imperial Oil to lay off 200 workers following cost-cutting analysis
Calgary-based Imperial Oil Ltd. said Wednesday it is laying off about 200 of its 6,000 employees across Canada as part of a cost-cutting initiative due to low oil prices.
Nov 25, 2020 1:41 PM
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BRP beats Q3 expectations, raises full-year guidance as business outlook improves
BRP Inc. reported an improved outlook for the rest of the year on Wednesday as the company’s third-quarter earnings results beat analysts’ expectations and it raised its guidance for its full financial year.
Nov 25, 2020 1:22 PM
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Penguin to buy Simon & Schuster, create publishing giant
BERLIN — German media giant Bertelsmann said Wednesday that its Penguin Random House division is buying rival Simon & Schuster in a megadeal that would reshape the U.S. publishing industry.
Nov 25, 2020 1:12 PM
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CERB recipients should be prepared to pay income tax on payments experts say
OTTAWA — The Canada Emergency Response Benefit was a financial lifeline for many when COVID-19 forced businesses to shutter and brought the economy to a screeching halt in the spring.
Nov 25, 2020 12:57 PM
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The pandemic is changing Hollywood, maybe forever
NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding.
Nov 25, 2020 11:25 AM
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Picture of US economy is worrisome as virus inflicts damage
WASHINGTON — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
Nov 25, 2020 11:24 AM
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The pandemic is changing Hollywood, maybe forever
NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding.
Nov 25, 2020 11:17 AM
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Lights, camera, sell: Retailers want you to watch and shop
NEW YORK — When Jenna Powell gets in front of a camera, she can sell $10,000 worth of sparkly dresses and tie-dye hoodies in 40 minutes.
Nov 25, 2020 11:15 AM
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