Business
Deal to end LCBO strike thrown into question, union says job action continues
By Allison Jones, The Canadian Press on July 19th, 2024
TORONTO – A deal reached earlier today to end a two-week-long strike at the Liquor Control Board of Ontario may not be final, as both sides are now accusing each other of acting in bad faith. Despite trumpeting a tentative agreement just hours earlier to end the strike, the union representing 10,000 workers at the ... Read More »
Be the first to comment!Internet outage latest | Airlines, businesses, border crossings hit by global tech disruption
By The Associated Press on July 19th, 2024
A major internet outage affecting Microsoft is disrupting flights, banks, media outlets and companies across the world, with problems continuing hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services. Airlines and airports in the United States, Europe, Australia, India and elsewhere were reporting problems, ... Read More »
Be the first to comment!Proposed class-action lawsuit filed over Calgary water main break
By The Canadian Press on July 19th, 2024
CALGARY – A proposed class-action lawsuit has been filed against the City of Calgary over a major water main break claiming businesses lost significant revenue. In a statement of claim filed Wednesday, Angel’s Cafe, located near the June 5 rupture, alleges the city knew the failed pipe was made of lower-grade materials and should have ... Read More »
Be the first to comment!Union throws LCBO deal into question, says strike continues
By The Canadian Press on July 19th, 2024
TORONTO – The union representing Ontario liquor store workers says a strike in which a tentative deal had been announced earlier today is in fact continuing because the employer has not signed a specific document. The Liquor Control Board of Ontario had said this afternoon that it reached an agreement with the union to end ... Read More »
Be the first to comment!A faulty software update causes havoc worldwide for airlines, hospitals and governments
By Charlotte Graham-mclay, Elaine Kurtenbach, David Mchugh And Haleluya Hadero, The Associated Press on July 19th, 2024
NEW YORK (AP) – A faulty software update caused technological havoc worldwide on Friday, grounding flights, knocking media outlets offline, and disrupting hospitals, small businesses and government offices. The breadth of the outages highlighted the fragility of a digitized world dependent on just a few providers for key computing services. The trouble with the update ... Read More »
Be the first to comment!Grocery code could spur investment, stabilize prices: Kraft Heinz Canada president
By Rosa Saba, The Canadian Press on July 19th, 2024
TORONTO – A grocery code of conduct could stabilize food prices in the future and encourage more investment in the Canadian food industry, according to the president of Kraft Heinz Canada. “It creates a better trade environment for both the supplier and the retailer, but I think at the end of the day, the consumer ... Read More »
Be the first to comment!Five things to know about Quebec’s unique, two-week-long construction holiday
By Maura Forrest, The Canadian Press on July 19th, 2024
MONTREAL – It’s one of Quebec’s many idiosyncrasies that in the dog days of summer, when everyone wishes they were on holiday, virtually the entire construction industry and a good chunk of the rest of the province close up shop for two weeks. On Sunday, Quebec’s annual construction holiday will officially begin. It’s a 50-year-old ... Read More »
Be the first to comment!Toronto flood insurance claims could be ‘significant but manageable’: ratings agency
By The Canadian Press on July 19th, 2024
TORONTO – Morningstar DBRS says insurance claims caused by the Toronto flood earlier this week could be “significant but manageable” for insurers. The credit rating agency says the insurance industry can expect insured losses of around $1 billion from the heavy rains on July 16 that led to flooded highways and basements. The agency says ... Read More »
Be the first to comment!LCBO, union reach tentative deal to end two-week-long strike
By Allison Jones, The Canadian Press on July 19th, 2024
TORONTO – The Liquor Control Board of Ontario and the union representing 10,000 of its workers reached a tentative contract deal Friday to end a two-week-old strike. The LCBO said in a statement that the tentative agreement will end the strike at 12:01 a.m. on Monday if it is ratified and the retailer is planning ... Read More »
Be the first to comment!Risk-averse organizations chose CrowdStrike for cybersecurity. Now its software is causing chaos
By Matt O'brien, The Associated Press on July 19th, 2024
Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches. But all it took was one faulty CrowdStrike software update to cause global disruptions Friday that grounded flights, knocked banks and media outlets offline, and disrupted hospitals, retailers and other services. ... Read More »
Be the first to comment!Global tech outage caused by software update disrupts air travel, health care and shipping
By Charlotte Graham-mclay, Elaine Kurtenbach, David Mchugh And Haleluya Hadero, The Associated Press on July 19th, 2024
NEW YORK (AP) – A global technology outage caused by a faulty software update grounded flights, knocked media outlets offline, and disrupted hospitals, small businesses and government offices on Friday, highlighting the fragility of a digitized world dependent on just a handful of providers. The trouble with the update issued by cybersecurity firm CrowdStrike affected ... Read More »
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