July 26th, 2024

Business

Recall of Boar’s Head deli meats announced during investigation of listeria outbreak

By Mike Stobbe, The Associated Press on July 26th, 2024

NEW YORK (AP) – U.S. health officials Friday announced a recall of some Boar’s Head liverwurst and other deli meats as they investigate a listeria outbreak that has sickened nearly three dozen people and caused two deaths. Boar’s Head Provisions Co. recalled its liverwurst because it may be tainted with the listeria bacteria, the U.S. ... Read More »

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Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme

By Michelle Chapman, The Associated Press on July 26th, 2024

A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox Business, ... Read More »

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MEG Energy workers returning to oilsands site after wildfire evacuation

By The Canadian Press on July 26th, 2024

CALGARY – MEG Energy Corp. says it has started bringing workers back to its Christina Lake oilsands site after evacuating all non-essential personnel last week due to wildfires in northern Alberta. CEO Darlene Gates said on a conference call Friday that the fire drew so close to the site that at one point flames were ... Read More »

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Postmedia plans to buy Atlantic Canada’s insolvent SaltWire newspaper chain

By The Canadian Press on July 26th, 2024

HALIFAX – Postmedia Network Inc. announced today plans to buy certain businesses belonging to SaltWire Network Inc. and The Halifax Herald Ltd., the two insolvent companies behind Atlantic Canada’s largest newspaper chain. Postmedia says it wants to complete the acquisition by Aug. 26, but the company stressed that the deal is subject to conditions, including ... Read More »

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Veterans lobbied for psychedelic therapy, but it may not be enough to save MDMA drug application

By Matthew Perrone, The Associated Press on July 26th, 2024

NEW YORK (AP) – It was a landmark moment for the psychedelic movement: The Department of Veteran Affairs’ top doctor stood on stage, praising advocates who have spent decades promoting the healing potential of mind-altering drugs. In an unannounced appearance at a New York psychedelic conference, the VA’s Dr. Shereef Elnahal said his agency was ... Read More »

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Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut

By Christopher Rugaber, The Associated Press on July 26th, 2024

WASHINGTON (AP) – The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates this fall. Prices rose just 0.1% from May to June, the Commerce Department said Friday, up from the previous month’s unchanged reading. ... Read More »

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People should stay inside, filter indoor air amid wildfire smoke, respirologist says

By Nicole Ireland, The Canadian Press on July 26th, 2024

A Calgary respirologist is advising people to regularly check the outdoor air quality and stay inside as smoke from the Jasper wildfires blows into other parts of Alberta and possibly beyond. Dr. Alex Chee says if the air quality is poor, people should close their windows and do what they can to filter the indoor ... Read More »

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Flyers, price-matching, local stores: How Canadians’ grocery habits have changed

By Rosa Saba, The Canadian Press on July 26th, 2024

Whether they’re shopping at multiple stores, flipping through flyers or seeking out independent grocers, many Canadians say theyhave changed their grocery shopping habits in recent years as a response to high inflation and, for some, growing distrust of large chains. “We’ve really cut back on impulse buys. And we’ve really taken to, let’s not have ... Read More »

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Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022

By Bharatha Mallawarachi, The Associated Press on July 25th, 2024

COLOMBO, Sri Lanka (AP) – Sri Lanka will hold a presidential election on Sept. 21 that will likely be a test of confidence in President Ranil Wickremesinghe’s efforts to resolve the country’s worst economic crisis. The date was announced in a decree the independent elections commission released Friday. It also said nominations will be accepted ... Read More »

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Jobs cut as HBC establishes Saks Global after Neiman Marcus acquisition

By The Canadian Press on July 25th, 2024

TORONTO – Jobs are being cut as Hudson’s Bay Co. spins out some of its brands into a new entity called Saks Global. A Saks Global spokesperson says operational functions from across the businesses are being brought under one leadership team. The spokesperson did not say how many people would be affected by the layoffs. ... Read More »

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‘Embarrassing’: Yukon premier blasts Bell over service issues

By The Canadian Press on July 25th, 2024

WHITEHORSE – Yukon Premier Ranj Pillai says Bell should be embarrassed by the terrible cellphone service the territory has been getting over the last several months. In a letter to Bell Canada CEO Mirko Bibic, Pillai says Yukoners have experienced frequent dropped calls and poor coverage even while downtown in the capital of Whitehorse. Pillai ... Read More »

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