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US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker
The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled air
Jan 12, 2024 2:46 PM
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Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels
NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal the lingering industry costs of last year's banking crisis that caused the collapse of Sili
Jan 12, 2024 2:05 PM
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Bitcoin ETF approvals both cause for caution and 'watershed moment': experts
TORONTO — The price of Bitcoin hit highs this week not seen in more than two years after a U.S.
Jan 12, 2024 12:56 PM
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Korean battery maker Samsung SDI investing in Canada Nickel
TORONTO — Canada Nickel Co. Inc. says Korean company Samsung SDI Co. Ltd. has agreed to invest US$18.5 million in the company for an 8.7 per cent stake.
Jan 12, 2024 12:41 PM
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Corus CEO expects improved ad spending with Hollywood strikes in rearview mirror
TORONTO — The chief executive of Corus Entertainment Inc.
Jan 12, 2024 11:03 AM
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Severe weather events threaten to drive insurance premiums higher: experts
The escalating risk of severe weather events is one of several factors putting pressure on insurance companies and potentially increasing premiums for consumers, experts say.
Jan 12, 2024 10:05 AM
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Vince Tyra moves up start date as CEO at Gildan after board request
MONTREAL — Gildan Activewear Inc. says Vince Tyra will begin work as the company's chief executive on Monday, four weeks ahead of his planned start date, as the fight over who should lead the company continues.
Jan 12, 2024 9:33 AM
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Wholesale inflation in US declined last month, signaling that price pressures are still easing
WASHINGTON (AP) — Wholesale inflation in the United States fell for a third straight month in December, further evidence that price pressures in the economy are easing.
Jan 12, 2024 9:17 AM
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US investigating if Boeing made sure a part that blew off a jet was made to design standards
The Federal Aviation Administration is investigating whether Boeing failed to make sure a panel that blew off a jetliner in midflight last week was safe and manufactured to meet the design that regulators approved.
Jan 11, 2024 10:31 PM
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Air Canada contests decision on power wheelchairs
MONTREAL — Air Canada has appealed a decision by the country’s transport regulator that seeks to boost accessibility for travellers living with a disability.
Jan 11, 2024 7:28 PM
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