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Ottawa investing as much as $29M in company to make PPE mask material in Quebec

Ottawa investing as much as $29M in company to make PPE mask material in Quebec

MONTREAL — The federal government is investing as much as $29 million in a company building a factory in Montreal to make the specialized fabric needed to produce respirators and surgical masks. The money will go toward a $38.
DavidsTea creditors, including employees, to split $18M after U.S. court ruling

DavidsTea creditors, including employees, to split $18M after U.S. court ruling

MONTREAL — DavidsTea Inc. creditors, including former employees, will split $18 million after the United States Bankruptcy Court for the District of Delaware recognized a Quebec court decision approving its plan of arrangement.
Federal banking regulator to raise domestic stability buffer to 2.5 per cent

Federal banking regulator to raise domestic stability buffer to 2.5 per cent

OTTAWA — Canada's federal banking regulator will increase the domestic stability buffer for big banks to 2.5 per cent from one per cent later this year, as the COVID-19 pandemic continues to subside.

Legal cannabis bill clears state Senate, awaits Lamont's OK

HARTFORD, Conn.
Internet outages briefly disrupt access to websites, apps

Internet outages briefly disrupt access to websites, apps

A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe Thursday.
'Fire and Fury' author writes new Trump book 'Landslide'

'Fire and Fury' author writes new Trump book 'Landslide'

NEW YORK (AP) — The author of “Fire and Fury,” the million-seller from 2018 that helped launched the wave of inside accounts of the Trump White House, will have a last take coming out next month.
Supreme Court dismisses challenge to Obama era health law

Supreme Court dismisses challenge to Obama era health law

WASHINGTON (AP) — The Supreme Court has dismissed a challenge to the Obama era health care law, preserving insurance coverage for millions of Americans.
Staff vaccine status discussions, disclosures pose challenges for businesses

Staff vaccine status discussions, disclosures pose challenges for businesses

HALIFAX — Cynthia Fernandez said her personal sense of responsibility for the safety of her clients led her to publicly disclose that her staff were vaccinated against COVID-19 earlier this spring.
Cheap rates, flexible cancellation policies won't last long, travel agencies say

Cheap rates, flexible cancellation policies won't last long, travel agencies say

As Canada slowly emerges from pandemic lockdown measures, bookings and inquiries at Kristin Hoogendoorn’s travel business have exploded.
US jobless claims tick up to 412,000 from a pandemic low

US jobless claims tick up to 412,000 from a pandemic low

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.