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Starbucks and Workers United, long at odds, say they'll restart labor talks

Starbucks and Workers United, long at odds, say they'll restart labor talks

Starbucks and the union organizing its U.S. workers said Tuesday they have agreed to begin talks with the aim of reaching labor agreements .
Lynx Air hoped its purchase by Flair would ease debt woes

Lynx Air hoped its purchase by Flair would ease debt woes

Before its shutdown this week, Lynx Air hoped to pay off some of its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations

Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations

NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,318.90, down 5.41 points): Suncor Energy Inc. (TSX:SU). Energy. Down 18 cents, or 0.39 per cent, to $45.50 on 18.1 million shares.
S&P/TSX composite index little changed Tuesday, U.S. markets mixed

S&P/TSX composite index little changed Tuesday, U.S. markets mixed

TORONTO — Canada's main stock index was little changed Tuesday as bank earnings began to roll in, while U.S. markets were mixed. The S&P/TSX composite index was down 5.41 points at 21,318.90.
Why do so many discount airlines fold? Lynx Air is latest in a line of failures

Why do so many discount airlines fold? Lynx Air is latest in a line of failures

Lynx Air ceased to fly this week, the latest in a long line of discount carriers to bite the departures dust — brought down in part by stiff competition, high fees and Canada’s vast geography.
Stock market today: Wall Street holds steady near record highs

Stock market today: Wall Street holds steady near record highs

NEW YORK (AP) — Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%.
Scotiabank, BMO prepare for near-term loan weakness and better times ahead

Scotiabank, BMO prepare for near-term loan weakness and better times ahead

TORONTO — The start of first quarter bank earnings saw Scotiabank and BMO put more money aside for loans that may go sour in the near-term, while they forecast better conditions ahead.
Identity, mortgage fraud on the rise as economic pressures mount: Equifax survey

Identity, mortgage fraud on the rise as economic pressures mount: Equifax survey

TORONTO — A new Equifax Canada survey finds people are increasingly worried about a potential rise in fraudulent activity as economic pressures build. "Any time you see financial stress or an economic downturn, inevitably ...
Toyota recalls 21,000 cars over flaws in axle raising crash concerns

Toyota recalls 21,000 cars over flaws in axle raising crash concerns

TORONTO — More than 21,000 Toyota vehicles have been recalled in Canada due to flaws in the rear axle that may cause a vehicle crash, says the auto manufacturer.
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