April 20th, 2018

Business

Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue

By The Canadian Press on April 11th, 2018

TORONTO – Postmedia Network Canada Corp. says its net loss for the quarter ended Feb. 28 was reduced to $1.3 million, down from $28.5 million a year earlier, despite a continued decline in revenue at its newspaper operations. The Toronto-based company, which owns the National Post and numerous other paper and digital publications, says the ... Read More »

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Algerian military plane crashes in a field, killing 257

By Aomar Ouali, The Associated Press on April 11th, 2018

ALGIERS, Algeria – An Algerian military plane carrying soldiers and their families crashed soon after takeoff Wednesday into a field in northern Algeria, killing 257 people in what appeared to be the North African nation’s the worst-ever plane crash. Algeria’s Defence Ministry said those killed included 247 passengers and 10 crew. The cause of the ... Read More »

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Trump signs executive order pushing work for welfare

By Jill Colvin, The Associated Press on April 11th, 2018

WASHINGTON – President Donald Trump signed an executive order Tuesday that aims to add and strengthen work requirements for public assistance and other welfare programs. The order, signed in private, promotes “common-sense reforms” that policy adviser Andrew Bremberg said would reduce dependence on government programs. “Part of President Trump’s effort to create a booming American ... Read More »

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Xi vs Trump: Who has the better hand in potential trade war?

By Christopher Bodeen, The Associated Press on April 11th, 2018

BEIJING – The brewing China-U.S. trade conflict features two leaders who’ve expressed friendship but are equally determined to pursue their nation’s interests and their own political agendas. But while President Donald Trump faces continuing churn in his administration and a tough challenge in midterm congressional elections, China’s Xi Jinping leads an outwardly stable authoritarian regime. ... Read More »

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As with the president, managing up comes with risks, rewards

By Leanne Italie, The Associated Press on April 11th, 2018

NEW YORK – Communication, collaboration, co-operation. Those are a few favourite things when it comes to “managing up” at work, but handling a difficult boss can be tricky. The challenges and risks are playing out in the White House on a regular basis with a long list of departures as President Donald Trump grows increasingly ... Read More »

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CEO Zuckerberg apologizes for Facebook’s privacy failures

By Mary Clare Jalonick, Barbara Ortutay And David Hamilton, The Associated Press on April 11th, 2018

WASHINGTON – Under fire for the worst privacy debacle in his company’s history, Facebook CEO Mark Zuckerberg batted away often-aggressive questioning from lawmakers who accused him of failing to protect the personal information of millions of Americans from Russians intent on upsetting the U.S. election. During some five hours of Senate questioning Tuesday, Zuckerberg apologized ... Read More »

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Global shares fall back following gains on upbeat trade talk

By Elaine Kurtenbach, The Associated Press on April 11th, 2018

Shares fell in early European trading on Wednesday, following a mixed day in Asia. Comments by China’s central bank governor reaffirming Beijing’s resolve to carry through on financial reforms buoyed shares in Hong Kong and Shanghai. KEEPING SCORE: Germany’s DAX lost 0.5 per cent to 12,330.13 and the CAC 40 in France dropped 0.4 per ... Read More »

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Asian shares meander following gains on upbeat trade talk

By Elaine Kurtenbach, The Associated Press on April 10th, 2018

Shares were mixed in Asia on Wednesday, trading in a narrow range after overnight gains following conciliatory comments on trade by Chinese President Xi Jinping. Xi’s pledge to cut tariffs on imported cars and improve intellectual property protection was seen as a step toward easing trade tensions. KEEPING SCORE: Japan’s Nikkei 225 stock index lost ... Read More »

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Hardly ‘friends’: Zuckerberg fends off senators on privacy

By Mary Clare Jalonick, Barbara Ortutay And David Hamilton, The Associated Press on April 10th, 2018

WASHINGTON – Under fire for the worst privacy debacle in his company’s history, Facebook CEO Mark Zuckerberg batted away often-aggressive questioning Tuesday from lawmakers who accused him of failing to protect the personal information of millions of Americans from Russians intent on upsetting the U.S. election. During some five hours of Senate questioning, Zuckerberg apologized ... Read More »

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‘Waiting game:’ Wounded recovering in hospital after Humboldt Broncos bus crash

By Bill Graveland, The Canadian Press on April 10th, 2018

HUMBOLDT, Sask. – As people mourn 15 lives lost in the Humboldt Broncos bus crash, others are praying for the dozen who remain in a Saskatoon hospital and their long fight ahead. Dayna Brons, the junior hockey team’s athletic trainer, was the lone woman on the bus. “It’s a waiting game now,” relative Dale Brons ... Read More »

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