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National Business
National Business
Tribune investors vote on Alden deal; outcome questioned
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, voted Friday on a takeover bid by hedge fund Alden Global Capital.
May 21, 2021 10:39 AM
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CN and KCS reach merger deal while CP Rail still seeks regulatory OK as backup
Kansas City Southern has formally backed a merger offer from Canadian National Railway Co., but Canadian Pacific Railway Ltd. says it will still seek regulatory approval for its rival offer in case the CN deal is unable to proceed.
May 21, 2021 9:56 AM
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'An enormous hiring challenge': Canadian tech companies face U.S. hiring spree
TORONTO — Jack Newton has big plans for the next two years. His Burnaby, B.C.
May 21, 2021 9:31 AM
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U.K. research firm SamKnows seeks Canadian volunteers for home internet study
TORONTO — A U.K. company that tracks the performance of home internet connections around the world is asking for Canadians to share their data this summer.
May 21, 2021 9:27 AM
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April US home sales fell as low inventory pushed up prices
Sales of previously occupied U.S. homes fell for the third straight month in April as the number of properties for sale hit a record low, driving prices to new highs. Existing home sales fell 2.
May 21, 2021 8:25 AM
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Kansas City Southern exits CP deal to take CNI's $34 billion
NEW YORK (AP) — Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks.
May 21, 2021 8:11 AM
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Retail sales rose 3.6% in March, drop in April expected: StatCan
OTTAWA — Retail sales rose 3.6 per cent to $57.6 billion in March as COVID-19 restrictions relaxed in some parts of the country, but Statistics Canada said a preliminary estimate pointed to a drop in April as the rules were tightened again.
May 21, 2021 8:02 AM
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Canada Energy Regulator gives OK to Hydro-Quebec transmission line
MONTREAL — Hydro-Quebec says the Canada Energy Regulator has issued the permit authorizing the construction and operation of the Appalaches–Maine Interconnection line.
May 21, 2021 5:04 AM
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Indian court acquits prominent journalist of rape charge
NEW DELHI (AP) — An Indian trial court on Friday acquitted the founder and editor of an investigative magazine of the charge of sexually assaulting a female journalist in the elevator of a five-star hotel nearly eight years ago.
May 21, 2021 1:39 AM
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First Nations group criticizes Woodside Petroleum's move to sell Kitimat LNG stake
VANCOUVER — A British Columbia First Nations coalition says it's disappointed by the news that a second major investor is looking to sell its shares in the Kitimat Liquefied Natural Gas development. Woodside Petroleum Ltd.
May 20, 2021 9:02 PM
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