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Michigan wants Enbridge to pledge funds in case of oil spill
TRAVERSE CITY, Mich. — Michigan sought a pledge Friday from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Great Lakes.
Jul 17, 2020 12:55 PM
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Mobile Klinik to speed up expansion of smartphone repair chain as unit of Telus
TORONTO — The Mobile Klinik chain of smartphone repair and resale shops plans to speed up its expansion with the help of its new owner, Telus Corp.
Jul 17, 2020 12:30 PM
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Seattle cruise line sells 4 ships; cruise ban extended
SEATTLE — A Seattle-based cruise line has sold four ships in its fleet as the coronavirus pandemic has halted operations and subsequently slowed businesses that rely on incoming traffic from the industry.
Jul 17, 2020 12:15 PM
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Canadian artists, writers, performers call for national basic income
TORONTO — A group of Canadian artists, writers, technicians and performers is calling on Ottawa to guarantee a basic income for anyone in need.
Jul 17, 2020 11:28 AM
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Court approves Cirque du Soleil secured lenders as benchmark bidder
MONTREAL — A takeover proposal from the Cirque du Soleil's secured creditors has been approved as the benchmark bid for a court-supervised auction of the insolvent entertainment company.
Jul 17, 2020 10:25 AM
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Federal Reserve expands lending program to non-profit groups
WASHINGTON — The Federal Reserve has opened one of its lending programs to non-profit groups, including hospitals, educational institutions, and social service organizations.
Jul 17, 2020 10:09 AM
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June home construction jumps 17.3% when states reopened
SILVER SPRING, Md. — Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring's massive slowdown in building activity due to the coronavirus outbreak.
Jul 17, 2020 9:40 AM
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Wholesale sales ticked higher in May after record plunge in April
OTTAWA — Wholesale sales in Canada ticked higher in May after posting a record plunge in April due to the COVID-19 pandemic, Statistics Canada said Friday. The government agency said wholesale sales rose 5.7 per cent to $52.
Jul 17, 2020 8:41 AM
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Cineplex lays off 130 workers in Canada and U.S. amid COVID-19 troubles
TORONTO — Cineplex Inc. says it is laying off more than 130 workers as the company continues to grapple with the COVID-19 pandemic and a takeover deal that has turned litigious. The Toronto-based theatre chain says workers in Canada and the U.S.
Jul 17, 2020 7:56 AM
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Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts
CALGARY — Despite negative impacts of the COVID-19 pandemic on production and costs, rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.
Jul 17, 2020 4:15 AM
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