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National Business
National Business
Productivity down 4.2%, largest decline in nearly 40 years
WASHINGTON — U.S. productivity fell at an annual rate of 4.2% in the fourth quarter, the largest quarterly decline in nearly four decades. The revised figure released by the Labor Department Thursday was slightly smaller than the 4.
Mar 4, 2021 10:18 AM
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Will Paramount+ be a mountain or a molehill in streaming?
NEW YORK — Paramount+ debuts Thursday as the latest — and last — streaming option from a major media company, this time from ViacomCBS.
Mar 4, 2021 9:52 AM
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Bombardier to collaborate with Aston Marton on business jet design services
MONTREAL — Bombardier Inc. is teaming up with luxury automaker Aston Martin. The Montreal-based company will collaborate with the British company on custom design services for its business jets.
Mar 4, 2021 9:15 AM
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US jobless claims tick up to 745,000 as layoffs remain high
WASHINGTON — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving
Mar 4, 2021 8:59 AM
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Calfrac Well Services reports Q4 profit due to debt settlement gain
CALGARY — Calfrac Well Services Ltd. reported a fourth-quarter profit of $125.9 million, boosted by a gain on the settlement of debt. The oilfield services company says the profit for the quarter ended Dec. 31 amounted to $2.19 per diluted share.
Mar 4, 2021 8:24 AM
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EU regulator starts a review of Russia's COVID-19 vaccine
MOSCOW — The European Medicines Agency has started a rolling review of Russia's Sputnik V coronavirus vaccine, many months after it was first approved for use in Russia and after dozens of countries around the world have authorized it.
Mar 4, 2021 7:09 AM
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UK, 4 nations fast-track review of modified COVID vaccines
LONDON — Regulators in the U.K. and four other countries have announced new rules to fast-track the development of modified COVID-19 vaccines to ensure drugmakers can move swiftly to target emerging variants of the disease.
Mar 4, 2021 4:58 AM
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Twitter to launch engineering hub in Canada with dozens of hires this year
TORONTO — Twitter Inc. will be bulking up on Canadian talent this year with a hiring spree meant to add dozens of engineers in the country to its staff. The San Francisco, Calif.
Mar 4, 2021 4:00 AM
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Hudson's Bay launching online marketplace, adding third-party sellers to its website
Hudson's Bay Co. hopes to transform its website into Canada’s next online shopping marketplace in a bid to position itself as a premium, home-grown alternative to e-commerce heavy hitters like Amazon.
Mar 4, 2021 4:00 AM
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Texas power grid CEO fired after deadly February blackouts
AUSTIN, Texas — Texas' power grid manager was fired Wednesday amid growing calls for his ouster following February's deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures.
Mar 3, 2021 10:26 PM
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