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Canada Goose shares up 16% after reporting $2.5 million profit for Q4

Canada Goose shares up 16% after reporting $2.5 million profit for Q4

TORONTO — Canada Goose Holdings Inc.
Anti-racism books see massive sales spike amid police brutality protests

Anti-racism books see massive sales spike amid police brutality protests

Sean Liburd spent much of Tuesday night answering emails from customers, most looking for books to help them better understand the mass protests against police brutality in the United States and broader anti-racism movement that some are engaging wit
Fed approves expansion of state and local support program

Fed approves expansion of state and local support program

WASHINGTON — The Federal Reserve has approved an expansion of its $500 billion emergency program to support state and local governments.
US service sector contracts for second month in May

US service sector contracts for second month in May

WASHINGTON — The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country. Activity did rise from levels last month that had not been seen since the recession.
Survey: 2.76 million layoffs in May, far fewer than expected

Survey: 2.76 million layoffs in May, far fewer than expected

BALTIMORE — U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.

Ontario patient ombudsman starts new investigation into long-term care

TORONTO — Ontario officials have launched four separate probes into the long-term care system amid the COVID-19 pandemic, which has seen more than 1,600 residents die and the military and hospitals called in to get outbreaks under control.
Eagles' Don Henley asks Congress to change copyright law

Eagles' Don Henley asks Congress to change copyright law

WASHINGTON — Eagles songwriter Don Henley urged Congress on Tuesday to “Take It to the Limit” to protect artists against online pirating, wading into a copyright fight pitting Hollywood and the recording industry against big tech platforms like Googl
Weekend protest coverage boosts cable news viewership

Weekend protest coverage boosts cable news viewership

NEW YORK — For many Americans, the unrest sweeping through several cities this past weekend was reason enough to stay home and watch it on television.
Investor optimism pushes stock markets, oil and loonie to near three-month highs

Investor optimism pushes stock markets, oil and loonie to near three-month highs

TORONTO — Investor optimism about economic reopenings pushed North American stock markets, crude oil prices and the loonie to nearly three-month highs. The S&P/TSX composite index closed up 158.15 points to 15,394.
Canadian auto sales drop 44 per cent in May, an improvement from April

Canadian auto sales drop 44 per cent in May, an improvement from April

TORONTO — DesRosiers Automotive Consultants says Canadian auto sales dropped by 44 per cent in May, an improvement from the estimated 74.6-per cent decline in April when the COVID-19 outbreak first affected a full month of sales.