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British Airways Braces for Cabin Crew Walkout Next Week

LONDON—British Airways flight attendants will walk out next week after the carrier declined to extend their right to strike in return for renewed pay talks following the rejection of the latest offer, according to the Unite union. So-called “mixed fleet” cabin crew, who work on both short- and long-haul flights from London’s Heathrow airport, will take action for 48 hours from Tuesday, …

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Tesla’s fourth-quarter Deliveries Trail Automaker’s Projections

Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts, sending shares lower in after-market trading, as production delays continue to plague the carmaker led by chief executive officer Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a …

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Canada’s Auto Sales Hit Record as Baby Boomers Treat Themselves to high-end Cars

The Canadian auto industry enjoyed record-breaking sales last year, driven by consumers who bought SUVs, pickup trucks and high-end vehicles such as Jaguars and Porsches, DesRosiers Automotive Consultants said Wednesday. Overall, there were 1.948 million sales of light vehicles last year, an increase of 2.7 per cent compared to 2015, the Richmond Hill, Ont.-based consulting firm said. Ford took the …

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Canada vs. Sweden Semifinal Promises to be must-see Hockey

MONTREAL — Asked who he thought would win the world junior semifinal showdown Wednesday between Sweden and the host Canadians, Czech Republic coach Jakub Petr replied: “If the tournament was being played in Europe, Sweden!” Because of the speed and savvy of the Swedes? Is that the reason? “No, it’s because my friend coaches them,” he laughed. Sitting beside Petr …

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Sleep-tech Entrepreneurs Seek to Put Insomnia to Rest

If you are reading this at 3 a.m., chances are that James Proud wants to put you in a deep slumber. As the inventor of the sleep-tracking device Sense, Proud has enjoyed heady success in the quickly growing sleep tech field: Sense’s 2014 Kickstarter campaign raised about $2.4 million even though the goal was only $100,000. One of Proud’s business …

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The Gates Way to a Better Future: Olive

“[The] hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reach by self-interest or caring alone.” — Bill Gates Bill Gates is not the antidote to what could be a new era of self-obsession ushered in by the rise of Trumpism. But the humanitarianism of Gates, who has been engaged …

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Vancouver’s Housing Market May be Returning From ‘Insanity’

Vancouver’s long-awaited housing correction may be around the corner: prices are headed for a double-digit decline in 2017 as buyers drop out of the market, according to the head of Canada’s largest real estate services company. “Home prices had gotten so out of whack with the growth in underlying wages and salaries that there had to be a correction,” said …

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RUN-D.M.C. Suing Walmart, Amazon for Trademark Infringement

Amazon, Walmart and other retailers are being sued for $50 million for allegedly infringing on the trademark of iconic rap and hip-hop group RUN-D.M.C. The stores “are trading on the goodwill” of the band and confusing consumers by “advertising, manufacturing, selling and distributing multiple products” that erroneously imply the group endorsed the merchandise, according to the lawsuit filed Thursday in …

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TSX Edges up After Holiday Closures as U.S. Markets Retreat

After being closed for two days, Toronto’s main stock index finished in positive territory Wednesday as oil prices rose to their highest level all year. The S&P/TSX composite index gained 32.95 points at 15,361.10, buoyed by advancing gold, materials and energy stocks. The Toronto market had been closed on Monday and Tuesday to observe the Christmas and Boxing Day holidays. …

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Pipelines Voted Canadian Press Business Story of the Year

CALGARY—The increasingly divisive debate over pipelines, with the economic benefits and environmental concerns they carry, has been selected as The Canadian Press business story of the year. In an annual survey of newsrooms across the country, pipeline development edged out another politically charged issue — real estate — by a single vote, a reflection of how the two stories competed …

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