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US stocks bounce higher, but still end the week with a loss

US stocks bounce higher, but still end the week with a loss

Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months. The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.
Aid groups 'alarmed' by little US coronavirus assistance

Aid groups 'alarmed' by little US coronavirus assistance

JOHANNESBURG — More than two dozen international aid groups have told the U.S. government they are “increasingly alarmed” that “little to no U.S.
Unions call on retailers to make pandemic-related wage premiums permanent

Unions call on retailers to make pandemic-related wage premiums permanent

Unions representing essential workers at some of Canada's major retailers are pushing back against the decision to eliminate wage premiums that were put in place to compensate employees for working during the height of the COVID-19 pandemic.
Ontario allows families to expand social circles to 10 people

Ontario allows families to expand social circles to 10 people

TORONTO — Families in Ontario can now expand the number of people they have close contact with to 10, as the province moved Friday to further loosen public health restrictions put in place during the COVID-19 pandemic.
Toys "R" Us wins case against B.C. cannabis dispensary with similar branding

Toys "R" Us wins case against B.C. cannabis dispensary with similar branding

VANCOUVER — A Vancouver cannabis dispensary is going to need a new name and logo after losing a legal battle with retailer Toys "R" Us (Canada) Ltd.
UK economy shrinks 20% in a month to fall back to 2002 level

UK economy shrinks 20% in a month to fall back to 2002 level

LONDON — The British economy has seen nearly two decades worth of growth wiped out as a result of the lockdown measures put in place during the coronavirus pandemic.
Fed: Will use 'full range of tools' to boost economy

Fed: Will use 'full range of tools' to boost economy

WASHINGTON — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signalling that it would keep interest rates low through 2022.
Statistics Canada says key household debt ratio rose in the first quarter

Statistics Canada says key household debt ratio rose in the first quarter

OTTAWA — A key measure of household debt rose in the first quarter as the COVID-19 pandemic began to take hold of the economy, Statistics Canada said Friday.
Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

TORONTO — Roots Corp. reported a loss of $7.8 million in its latest quarter as the COVID-19 pandemic disrupted its supply chain in Asia and forced the temporary closure of its stores in North America.
Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

TORONTO — The co-owners of Coco Beauty Bar were ready to return to business once the Ontario government gave beauty salons a green light, but after seeing the strict COVID-19 restrictions required, they wonder if it's even worth the effort.