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Now Strikes Tentative Deal with Employees

Now has struck a tentative deal with employees, averting a lockout or strike and fears of potential closure of the 35-year-old weekly magazine. “We’re happy to have signed off on a tentative agreement,” said Jonathan Goldsbie, a staff writer and chairman of the Unifor bargaining unit, late Tuesday after a long day of negotiations. The two sides have been at …

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U.S. Economy Posts Sluggish Growth in Spring

WASHINGTON—Growth in the U.S. economy was sluggish again in the spring, dashing expectations for a robust rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves. The Commerce Department said Friday that the gross domestic product — the broadest measure of the economy …

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How to Spend Less on back-to-school Shopping

Sadly, summer is drawing to a close. While many parents rejoice at the start of September, the cost of new clothes, school supplies, and sporting goods can put a damper on celebrations. The Star reached out to Scott Hannah, president and CEO of the Credit Counselling Society, for his top tips on how to go back-to-school shopping without breaking the …

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Studies Reveal three Unusual Things People Who Earn More Money Have in Common

I think I’ve cracked it. The ultimate guide to success, happiness, and wealth. Numerous studies, reports, and features have been written about what successful people have in common, what they say and don’t say, and the minutia of what they do throughout the day. By ignoring the vast majority of all of these and instead focusing my attention on a …

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Delta Air Lines Introduces Tracking Tags to Combat Lost Luggage

Nothing frustrates airline passengers more than arriving at the baggage carousel only to find their suitcase hasn’t. Sometimes, the luggage is still at the departure airport. Other times, it could be anywhere. Delta Air Lines, which says the amount of luggage it mishandles is low, has spent $50 million (U.S.) in new technology to keep better track of the 120 …

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Canada Post Reports Small Profit as Job Action Looms

As Canada Post’s biggest union prepares to launch limited job action Monday to press contract demands, the crown corporation has released its second-quarter results showing it managed to turn a small profit. The post office reported a $1-million profit before tax, for the three months ending on July 2, a much better showing than a year ago, when it had …

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U.S. Seeks to Force Lower Speeds for Trucks, Buses

DETROIT — The U.S. is seeking to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation’s highways. A new proposal Friday would impose a nationwide limit by electronically capping speeds with a device on newly made U.S. vehicles that weigh more than 26,000 pounds. Regulators are considering a cap of 60, 65 or 68 …

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New Brunswick Marijuana Facility to Get $4M from Province

ATHOLVILLE, N.B.—A proposed facility to grow medical marijuana in northern New Brunswick is getting $4 million in financial assistance from the provincial government. The facility, under construction in Atholville, is expected to create up to 208 jobs, if approved by Health Canada. The plant, which will operate under the name Zenabis, has reached the pre-licence inspection phase. If approved, the …

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Venezuela Ordered to Pay Canadian Miner Rusoro More Than $1.2 Billion

An international arbitration tribunal has ordered Venezuela to pay a Vancouver-based mining company more than $1.2 billion ($1.5 billion Cdn.) for expropriating its gold mines. Venezuela took over Rusoro Mining’s investments in the country as part of a nationalization of the gold industry in 2011. Rusoro Mining Ltd. said Tuesday the money is due immediately and it expects that Venezuela …

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Get Ready for a Bust in the Lithium Boom Amid Race to Supply Tesla’s Batteries: ‘Peak in Prices Coming Soon’

Even the mining industry’s super commodity of the future may be unable to avoid the Achilles’ heel of all mineral producers — a recurring habit of busting a boom with too much supply. As miners of everything from copper to iron ore wrestled with losses driven by global surpluses, prices soared for lithium, the light-weight metal used in rechargeable batteries. …

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