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IBM quits facial recognition, joins call for police reforms

IBM quits facial recognition, joins call for police reforms

IBM is getting out of the facial recognition business, saying it's concerned about how the technology can be used for mass surveillance and racial profiling.
US employers laid off 7.7 million workers in April

US employers laid off 7.7 million workers in April

BALTIMORE — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,833.74, down 141.17 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.62 per cent, to 63 cents on 40.
Ontario businesses say temporary commercial evictions ban only a start

Ontario businesses say temporary commercial evictions ban only a start

TORONTO — Small business owners have spent months urging the Ontario government to hear their pleas for a temporary ban on commercial evictions, but some say the answer they've received doesn't go nearly far enough.
Nasdaq briefly surpasses big milestone while other stock markets give back gains

Nasdaq briefly surpasses big milestone while other stock markets give back gains

TORONTO — The tech-heavy Nasdaq composite index surpassed 10,000 points for the first time Tuesday even as North America's other stock markets gave back some of their recent gains. The S&P/TSX composite index closed down 141.17 points at 15,833.

Calfrac Well Services shares rise 75%; oilfield company says it hired advisers

CALGARY — Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any "material change" that would account for a 75.6 per cent increase in its share price on Tuesday.

Some Canadian CrossFit gyms quick to de-affiliate from brand after Glassman comments

TORONTO — Darren Thornton is in the process of researching new names to rebrand CrossFit Defy, the gym he co-owns with his wife Michelle in Toronto's Leaside neighbourhood.
Macy's says reopened stores luring back customers

Macy's says reopened stores luring back customers

NEW YORK — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results.
Former Bank of Canada governor Stephen Poloz joins board of directors at CGI

Former Bank of Canada governor Stephen Poloz joins board of directors at CGI

MONTREAL, Ont. — Former Bank of Canada governor Stephen Poloz is joining the board of directors at technology and consulting firm CGI Inc.
US prosecutors spar with Prince Andrew in Epstein probe

US prosecutors spar with Prince Andrew in Epstein probe

LONDON — U.S. prosecutors and attorneys for Britain's Prince Andrew sniped at one another across the Atlantic on Monday, each saying the other side was to blame for the duke's failure to participate in the Jeffrey Epstein sex trafficking probe.