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Surging appliance sales cause shortages ahead of business holiday shopping season

Surging appliance sales cause shortages ahead of business holiday shopping season

Appliance stores are grappling with a double whammy of surging demand and supply chain problems, resulting in mounting backorders ahead of the busiest shopping season of the year.
Boeing says pandemic will cut demand for planes for a decade

Boeing says pandemic will cut demand for planes for a decade

Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.
IMF head says global economy facing long climb to recovery

IMF head says global economy facing long climb to recovery

WASHINGTON — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
US trade deficit up to $67.1 billion in August, 14-year high

US trade deficit up to $67.1 billion in August, 14-year high

WASHINGTON — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.
UK's hospitality sector sounds alarm on jobs amid curfew

UK's hospitality sector sounds alarm on jobs amid curfew

LONDON — The U.K.'s pubs and restaurants could see well over 500,000 job losses by the end of 2020 as a result of new coronavirus restrictions, including the requirement they shut their doors at 10 p.m.
US job postings edge lower, to 6.49 million

US job postings edge lower, to 6.49 million

WASHINGTON — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly. The number of U.S. job postings on the last business day of August dipped to 6.49 million, down from 6.
Statistics Canada says trade deficit narrowed as both exports and imports fell

Statistics Canada says trade deficit narrowed as both exports and imports fell

OTTAWA — Canada's merchandise trade deficit narrowed to $2.4 billion in August as both exports and imports edged lower following double-digit percentage gains in June and July.

Anchorage theatres to shut as chain closes down nationwide

ANCHORAGE, Alaska — The temporary closure of a nationwide movie theatre chain is expected to result in the indefinite closure of three theatres in Alaska's largest city.
Discussions about N.L. oil refinery future ongoing: Premier

Discussions about N.L. oil refinery future ongoing: Premier

ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says discussions about the future of an oil refinery in Come By Chance, N.L., are ongoing.
Outage at Bell facility in Ontario knocks channels off air from Winnipeg east

Outage at Bell facility in Ontario knocks channels off air from Winnipeg east

Bell Media says a power outage at one of its facilities in Ontario affected TV and other services across much of Canada.