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US jobless claims rise to 719K as virus still forces layoffs

US jobless claims rise to 719K as virus still forces layoffs

WASHINGTON — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signalling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid
Canopy Growth acquires Ace Valley cannabis in bid to grow brand loyalty

Canopy Growth acquires Ace Valley cannabis in bid to grow brand loyalty

Canopy Growth Corp. has purchased AV Cannabis Inc. in a bid to build more brand loyalty with customers. The Smiths Falls, Ont.
New Mexico primed to join US recreational pot wave

New Mexico primed to join US recreational pot wave

New Mexico is joining a wave of states that are legalizing recreational marijuana as its Democrat-dominated Legislature sent a package of cannabis bills Wednesday to a supportive governor.
Johnson & Johnson COVID-19 vaccine batch fails quality check

Johnson & Johnson COVID-19 vaccine batch fails quality check

A batch of Johnson & Johnson’s COVID-19 vaccine failed quality standards and can’t be used, the drug giant said Wednesday. The drugmaker didn’t say how many doses were lost, and it wasn’t clear how the problem would impact future deliveries.
Microsoft wins $22 billion deal making headsets for US Army

Microsoft wins $22 billion deal making headsets for US Army

Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its augmented reality headsets. Microsoft and the Army separately announced the deal Wednesday.
Peladeau says Rogers plan to buy Freedom Mobile would set back wireless competition

Peladeau says Rogers plan to buy Freedom Mobile would set back wireless competition

TORONTO — A planned takeover of Shaw Communications' Freedom Mobile banner by Rogers would undermine nearly 15 years of government policy supporting strong competitors to the country's three biggest wireless carriers, Quebecor CEO Pierre Karl Peladea
Seven Generations Energy and Arc Resources shareholders approve $8.1-billion merger

Seven Generations Energy and Arc Resources shareholders approve $8.1-billion merger

CALGARY — Shareholders owning more than 95 per cent of the stock in Arc Resources Ltd. have approved its merger with fellow Calgary-based producer Seven Generations Energy Ltd. to create Canada's sixth largest oil and gas company.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,700.67, down 4.89 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 7.8 per cent, to 97 cents on 20.
Paul Simon sells song catalogue to Sony Music Publishing

Paul Simon sells song catalogue to Sony Music Publishing

NEW YORK — Paul Simon is the latest icon to sell his rich catalogue of songs.
S&P/TSX slips but ends March higher for fourth-straight quarterly gain

S&P/TSX slips but ends March higher for fourth-straight quarterly gain

TORONTO — A resurgence in the tech sector helped power Canada's main stock index to its fourth-straight quarterly gain despite dipping for the day. The S&P/TSX composite index lost 4.89 points to 18,700.