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Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
NBC, producers say 'America's Got Talent' cleared by probe

NBC, producers say 'America's Got Talent' cleared by probe

LOS ANGELES — An investigation of Gabrielle Union’s complaints of racism on the set of “America’s Got Talent” concluded that her allegations were unfounded, according to NBC and the show’s producers.
CBS is TV's most-watched network for 12th year in a row

CBS is TV's most-watched network for 12th year in a row

The winner, and still champion, is CBS. The Tiffany network finished the traditional television season, which ended last week, as the most-watched broadcaster for the 12th consecutive year, the Nielsen company said.
New owners of Torstar face financial, political challenges

New owners of Torstar face financial, political challenges

TORONTO — With sheer optimism and a considerable amount of uncertainty ahead of them, two Toronto businessmen with strong political ties are betting on returning the languished Torstar Corp.
`Bummed out': SpaceX launch scrubbed because of bad weather

`Bummed out': SpaceX launch scrubbed because of bad weather

CAPE CANAVERAL, Fla. — The launch of a SpaceX rocket ship with two NASA astronauts on a history-making flight into orbit was called off with less than 17 minutes to go in the countdown Wednesday because of thunderclouds and the risk of lightning.
Disney, SeaWorld announce plans for Florida parks to reopen

Disney, SeaWorld announce plans for Florida parks to reopen

FORT LAUDERDALE, Fla. — SeaWorld and Walt Disney World will reopen in Orlando, Florida, in June and July after months of inactivity because of the coronavirus pandemic, according to plans a city task force approved Wednesday.
BRP cutting 650 jobs as it exits outboard motor business hit hard by COVID-19

BRP cutting 650 jobs as it exits outboard motor business hit hard by COVID-19

MONTREAL — BRP Inc. says it will cut 650 jobs or about five per cent of its global workforce as the recreational product maker stops producing outboard motors that have been "hard hit" by the COVID-19 pandemic.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange ( 15,272.03, up 123.91 points.) Air Canada (TSX:AC). Industrials. Down $1.23, or 6.96 per cent, to $16.44 on 17.4 million shares.
S&P/TSX composite hits highest close since March on strength of financials sector

S&P/TSX composite hits highest close since March on strength of financials sector

TORONTO — Canada's main stock index recovered from early trading weakness Wednesday to move to its highest closing in nearly three months on the strength of the heavyweight financials sector. It surged for a second straight day, gaining 3.
Postmedia to lay off about 40 employees after unions reject salary cuts

Postmedia to lay off about 40 employees after unions reject salary cuts

One of Canada's largest newspaper conglomerates will lay off about 40 employees after a number of its unions would not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic, according to a memo sent to staff.