September 18th, 2021

Business

US panel backs COVID-19 boosters only for seniors, high-risk

By Matthew Perrone And Lauran Neergaard, The Associated Press on September 17th, 2021

WASHINGTON (AP) – Dealing the White House a stinging setback, a government advisory panel overwhelmingly rejected a plan Friday to give Pfizer COVID-19 booster shots across the board, and instead endorsed the extra vaccine dose only for those who are 65 or older or run a high risk of severe disease. The twin votes represented ... Read More »

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Tenacious Belgian immigrant pioneered Canada’s mussel industry in the 1970s

By The Canadian Press on September 17th, 2021

CHARLOTTETOWN – When Joe Van Den Bremt first floated the idea of producing cultured mussels on P.E.I. in the 1970s, the local fishermen laughed at him. “They were all telling me, ‘We use that stuff for fertilizer,'” he said in 2017. “‘Nobody is going to eat those dumb things.'” Today, almost half of North America’s ... Read More »

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Tenacious Belgium immigrant pioneered Canada’s mussel industry in the 1970s

By The Canadian Press on September 17th, 2021

CHARLOTTETOWN – When Joe Van Den Bremt first floated the idea of producing cultured mussels on P.E.I. in the 1970s, the local fishermen laughed at him. “They were all telling me, ‘We use that stuff for fertilizer,'” he said in 2017. “‘Nobody is going to eat those dumb things.'” Today, almost half of North America’s ... Read More »

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US panel backs COVID-19 boosters only for elderly, high-risk

By Matthew Perrone And Lauran Neergaard, The Associated Press on September 17th, 2021

WASHINGTON (AP) – An influential federal advisory panel overwhelmingly rejected a plan Friday to give Pfizer COVID-19 booster shots to most Americans, but it endorsed the extra shots for those who are 65 or older or run a high risk of severe disease. The twin votes represented a heavy blow to the Biden administration’s sweeping ... Read More »

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S&P/TSX composite falls to lowest level in four weeks ahead of federal election

By The Canadian Press on September 17th, 2021

TORONTO – Canada’s main stock index closed at its lowest level in nearly four weeks as its largest sectors came under pressure ahead of Monday’s federal election. The S&P/TSX composite index closed down 111.74 points to 20,490.36. In New York, the Dow Jones industrial average was down 166.44 points at 34,584.88. The S&P 500 index ... Read More »

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Health-care industry, not consumers, target of vaccine brand names

By Salmaan Farooqui, The Canadian Press on September 17th, 2021

Experts say the renaming of COVID-19 vaccines is “business as usual” since the shots could not be branded until fully authorized by Health Canada, and their not-so-usual names are the result of pharmaceutical companies marketing to health institutions, not consumers. The government on Thursday approved the brand names SpikeVax for the Moderna vaccine, Vaxzevria for ... Read More »

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France recalls ambassadors to US, Australia over sub deal

By Sylvie Corbet (), The Associated Press on September 17th, 2021

PARIS (AP) – French Foreign Minister Jean-Yves Le Drian said Friday evening that France is immediately recalling its ambassadors to the U.S. and Australia in a backlash over a submarine deal. Le Drian said in a statement that the decision, on request from President Emmanuel Macron, “is justified by the exceptional seriousness of the announcements” ... Read More »

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FDA advisory panel rejects widespread Pfizer booster shots

By Matthew Perrone And Lauran Neergaard, The Associated Press on September 17th, 2021

WASHINGTON (AP) – An influential federal advisory panel has soundly rejected a plan to offer Pfizer booster shots against COVID-19 to most Americans. The vote Friday, 16-3, was a blow to the Biden administration’s effort to shore up people’s protection against the virus amid the highly contagious delta variant. Over several hours of discussion, members ... Read More »

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RBC Capital Markets to pay more than US$800K to settle U.S. SEC charges

By The Canadian Press on September 17th, 2021

TORONTO – RBC Capital Markets LLC has agreed to pay more than US$800,000 to settle U.S. Securities and Exchange Commission charges over the way municipal bond offerings were allocated. The U.S. regulator says that over a nearly four-year period that RBC improperly allocated bonds intended for institutional customers and dealers. The SEC says the bonds ... Read More »

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Enbridge fined for breaching Minnesota environmental laws during Line 3 construction

By The Canadian Press on September 17th, 2021

CALGARY – Enbridge Inc. has been fined for breaching Minnesota environmental laws during the construction of its Line 3 pipeline replacement. The Minnesota Department of Natural Resources has ordered Enbridge to pay $3.32 million for breaching an aquifer containing groundwater during construction of a trench near the company’s Clearbrook Terminal. The department says Enbridge did ... Read More »

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