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48North Cannabis lays off 20% of staff, cuts outdoor growing facility

48North Cannabis lays off 20% of staff, cuts outdoor growing facility

TORONTO — 48North Cannabis Corp. will lay off about 20 per cent of its staff as it ends outdoor cultivation at an Ontario facility.
Southwest Airlines orders 100 Boeing 737 Max planes

Southwest Airlines orders 100 Boeing 737 Max planes

DALLAS — Southwest Airlines said Monday it is expanding its all-Boeing fleet with an order for 100 Max jets instead of buying planes from Europe's Airbus. Southwest ordered the 150-seat 737 Max 7 and expects the first 30 to show up next year.
Whitecap Resources raises 2021 production target as it completes two takeovers

Whitecap Resources raises 2021 production target as it completes two takeovers

CALGARY — Oil and gas producer Whitecap Resources Inc.
Global banks warn of possible losses from hedge fund default

Global banks warn of possible losses from hedge fund default

BERLIN — Swiss bank Credit Suisse said Monday it may have suffered a “highly significant” loss from a default by a U.S.
News Corp. buys Houghton Mifflin Harcourt books division

News Corp. buys Houghton Mifflin Harcourt books division

NEW YORK — In the latest news of consolidation in the literary world, Rupert Murdoch's News Corp. announced Monday it's buying Houghton Mifflin Harcourt's book-publishing division, which includes such blockbuster releases as J.R.R.
Giant container ship that blocked Suez Canal finally free

Giant container ship that blocked Suez Canal finally free

SUEZ, Egypt — Salvage teams on Monday freed a colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most vital waterways and halted billions of dollars a day in maritime commerce.
Suez Canal blockage adds to pressure points in global trade

Suez Canal blockage adds to pressure points in global trade

The plight of a mammoth container ship stuck in Egypt’s Suez Canal has highlighted still more pressure points in global trade, a year after supply chains were disrupted by the coronavirus pandemic.
North American stock markets down in late-morning trading, loonie edges lower

North American stock markets down in late-morning trading, loonie edges lower

TORONTO — The energy and base metals sectors helped lead a broad-based decline as Canada's main stock index posted a triple-digit decline in late-morning trading, while U.S. stock markets also pulled back.
Paris court convicts, fines pharma firm for deadly diet pill

Paris court convicts, fines pharma firm for deadly diet pill

PARIS — A French pharmaceutical company on Monday was ordered to pay hundreds of millions of euros in damages and fines for its role in one of the nation’s biggest modern health scandals, with a Paris court finding the firm guilty of manslaughter and
Merkel faults German 'perfectionism' for current virus woes

Merkel faults German 'perfectionism' for current virus woes

BERLIN — German Chancellor Angela Merkel has blamed her country's difficulties during the coronavirus pandemic — from the slow vaccine rollout to the back-and-forth over lockdown rules — partly on “a tendency toward perfectionism” and called for grea