February 27th, 2017

Business

Billionaire heads toward confirmation as Commerce secretary

By Stephen OhlemacHer, The Associated Press on February 27th, 2017

WASHINGTON – Billionaire investor Wilbur Ross is headed toward confirmation as Commerce secretary in President Donald Trump’s administration. The Senate is set to vote on Ross’ nomination Monday evening. Ross easily cleared the Senate Commerce Committee and a procedural vote by the full Senate. Ross’ confirmation has gone much smoother than other Trump nominees’ approval. ... Read More »

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Transition in Milan fashion scene as new creatives break out

By Colleen Barry, The Associated Press on February 26th, 2017

MILAN – A transition is underway in the Milan fashion scene, with new designers taking over traditional brands and younger creatives breaking out with their own labels. The changes are invigorating the runways with fresh ideas as the fashion world posts the perennial question: What will be remembered of this era’s fashion in decades to ... Read More »

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Facing the music: Sunrise Records to move into 70 closing HMV locations

By David Friend, The Canadian Press on February 26th, 2017

TORONTO – Sunrise Records is placing a major bet on Canadian music sales with plans to move into 70 retail spaces being vacated by HMV Canada. The Ontario-based music retail chain has negotiated new leases with mall landlords across the country. Sunrise’s expansion gives the company a quick foothold in the Canadian music scene just ... Read More »

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Israel to Amazon: Stop selling Holocaust-denying literature

By The Associated Press on February 26th, 2017

JERUSALEM – Israel’s official Holocaust memorial has asked Amazon to stop selling literature on its site that denies the genocide of 6 million Jews during World War II and otherwise promotes anti-Semitism. Yad Vashem’s director of libraries Robert Rozett says he has dispatched a letter to Amazon CEO Jeff Bezos offering his assistance to “curb ... Read More »

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Improved technology saves maple syrup producers time, energy

By Lisa Rathke, The Associated Press on February 26th, 2017

UNDERHILL, Vt. – Maple syrup doesn’t get that rich flavour and colour in an instant. It’s a long process from tree to bottle. But an improved technology could keep maple sugarers from working late into the night boiling sap into syrup. The new machine can remove more water from sap, leaving a higher sugar content ... Read More »

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Five things to watch for in the Canadian business world in the coming week

By The Canadian Press on February 26th, 2017

TORONTO – Five things to watch this week in Canadian business: Earnings-palooza: A steady stream of earnings are in the offing, with Valeant Pharmaceuticals, SNC-Lavalin and George Weston reporting. The week will also see Scotiabank, BMO and TD release their latest quarterly results. Media is the message: The Economic Club of Canada hosts Bell Media ... Read More »

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Last BlackBerry-designed phone with physical keyboard to hit stores in April

By Aleksandra Sagan, The Canadian Press on February 25th, 2017

TORONTO – Fans of BlackBerry’s classic physical keyboard will have reason to celebrate when the last product designed in part by the former smartphone leader becomes available in April. The Waterloo, Ont.-based firm played a role in developing the KEYone, named for the return of the QWERTY keyboard that other smartphone designers have mostly long ... Read More »

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Lake created by coal waste landslide floods Bosnian highway

By The Associated Press on February 25th, 2017

SARAJEVO, Bosnia – Flooding from a new lake created by a landslide of mine waste shut down one of Bosnia’s main highways Saturday and raised fears of further flooding. Earlier this week, a massive landslide of mine waste from an open pit coal mine had blocked a river near the central Bosnia town of Kakanj, ... Read More »

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Pre-existing conditions complicate health care replacement

By Carla K. Johnson And Ricardo Alonso-Zaldivar, The Associated Press on February 25th, 2017

CHICAGO – As Republicans try to unite around a replacement for the Affordable Care Act, one of the most popular parts of the law will be among the most difficult to replace: the guarantee of health coverage for people with pre-existing conditions. The challenge of providing insurance for Americans who have no other alternative has ... Read More »

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Celebrities launch pot brands as California legalizes drug

By Paul Elias, The Associated Press on February 25th, 2017

SAN FRANCISCO – Country singer Willie Nelson, the children of the late reggae icon Bob Marley and comedian Whoopi Goldberg are just a few of the growing number of celebrities publicly jumping into the marijuana industry and eyeing the California pot market. The market is expected to explode after voters in the state legalized the ... Read More »

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