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Cleveland-Cliffs buys ArcelorMittal's US business for $1.4b

Cleveland-Cliffs buys ArcelorMittal's US business for $1.4b

Cleveland-Cliffs is making its second billion-dollar acquisition in less than a year with the purchase of steel maker ArcelorMittal's U.S. business for about $1.4 billion in cash and stock.
Union workers vote to approve collective bargaining deal with Ford

Union workers vote to approve collective bargaining deal with Ford

Ford Motor Company of Canada, Ltd. says its workers represented by Unifor have voted in favour of a new contract that runs through 2023. The deal, which was announced by Unifor last week, includes a $1.
Key week in EU-UK talks kick off with confidence low

Key week in EU-UK talks kick off with confidence low

BRUSSELS — Britain entered a crucial week of post-Brexit talks with the European Union on Monday by rejecting the EU’s demand that it drop plans to breach the legally binding agreement it signed on its departure from the bloc.

Lundin Mining reports fatal accident in Portugal, Brazil mine interruption

TORONTO — Canadian miner Lundin Mining Corp. says it will hold safety stand-downs at all of its operations over the coming days to allow staff to reflect on a fatal accident Friday at its Neves-Corvo Mine in Portugal.
Cybersecurity poll finds 84% rethink engaging with businesses hit by data breach

Cybersecurity poll finds 84% rethink engaging with businesses hit by data breach

TORONTO — A large majority of Canadians are reluctant to do business with companies that suffer a data breach, according to a new study released Monday by KPMG..
StatCan reports fewer business closures, more openings in June compared with May

StatCan reports fewer business closures, more openings in June compared with May

OTTAWA — Statistics Canada recorded 56,296 business closures in June, an improvement from May but still 44 per cent more than in February before the COVID-19 pandemic struck in force in Canada. The number of business closures in June was down 5.

Healthy US economy failed to narrow racial gaps in 2019

WASHINGTON — The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, according to a Federal Reserve report
Inter Pipeline to acquire Milk River pipeline in swap deal with Plains

Inter Pipeline to acquire Milk River pipeline in swap deal with Plains

CALGARY — Inter Pipeline Ltd.
Amazon to hire 3,500 workers in B.C. and Ont., expand their office footprint

Amazon to hire 3,500 workers in B.C. and Ont., expand their office footprint

Amazon.com Inc. will hire 3,500 Canadians to work in spaces it is opening and expanding in British Columbia and Ontario.
NY Times: Trump paid $750 in US income taxes in 2016, 2017

NY Times: Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times.
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