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National Business
National Business
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.
Oct 13, 2020 7:32 AM
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Wave of 'Nutcracker' cancellations hits dance companies hard
COLUMBUS, Ohio — For many, it's not Christmas without the dance of Clara, Uncle Drosselmeyer, the Sugar Plum Fairy, the Mouse King and, of course, the Nutcracker Prince.
Oct 13, 2020 7:29 AM
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Uptick for retiree checks in 2021 amid coronavirus worries
WASHINGTON — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
Oct 13, 2020 5:52 AM
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Caisse buying portfolio of solar power assets in Spain from Q-Energy
MONTREAL — The Caisse de depot et placement du Quebec has signed a deal to buy a portfolio of solar power assets in Spain from Q-Energy. Financial terms of the agreement were not immediately available.
Oct 13, 2020 5:27 AM
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2 Stanford economists win Nobel prize for improving auctions
STOCKHOLM — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up paying for electricity, and the way governments sell off the public airwaves to telecom companies and broadcasters.
Oct 12, 2020 1:54 PM
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Facebook bans Holocaust denial, distortion posts
Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genocide.
Oct 12, 2020 12:11 PM
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COVID-hit UK arts groups welcome government cash infusion
LONDON — The British government on Monday announced grants of 257 million pounds ($335 million) to help almost 1,400 arts and cultural organizations survive the coronavirus pandemic. The money — the first chunk to be spent from a 1.
Oct 12, 2020 7:26 AM
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Americans Milgrom, Wilson win Nobel prize in economics
STOCKHOLM — Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for “improvements to auction theory and inventions of new auction formats.
Oct 12, 2020 2:56 AM
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Striking N.L. Dominion workers spend Thanksgiving on the picket line
ST. JOHN'S, N.L. — Parking lots at Dominion grocery stores in Newfoundland and Labrador were unusually deserted heading into Thanksgiving, except for a few striking employees holding their mittened hands over burn barrels.
Oct 11, 2020 1:49 PM
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BC Greens platform looks for changes to transit funding, municipal finance system
VANCOUVER — The BC Green Party is calling for a reformation of the financial system used by local governments to help them better address issues brought on by the COVID-19 pandemic. Green Leader Sonia Furstenau says that B.C.
Oct 10, 2020 3:37 PM
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