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Jamie Oliver's UK restaurant chain collapses into insolvency

Jamie Oliver's UK restaurant chain collapses into insolvency

LONDON — Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial districts.
Norbord suspends production at northern Alberta mill due to wildfires

Norbord suspends production at northern Alberta mill due to wildfires

TORONTO — Norbord Inc. says it has temporarily suspended production as an oriented strand board mill in northern Alberta due to wildfires in the region. The company says it stopped production at the mill in High Level, Alta.
Rogers to launch new Internet of Things service in Ontario in step towards 5G

Rogers to launch new Internet of Things service in Ontario in step towards 5G

TORONTO — Rogers Communications Inc. says it will launch a new wireless service that's optimized for connecting stationary sensors and similar data-collection devices to the internet.
Fairfax Financial says chief financial officer David Bonham died suddenly

Fairfax Financial says chief financial officer David Bonham died suddenly

TORONTO — Fairfax Financial Holdings Ltd. says chief financial David Bonham died suddenly during the weekend. Fairfax chief executive Prem Watsa says the entire Fairfax family mourns the sudden and unexpected loss.
CPPIB investing $200 million for stake in specialty food company Premium Brands

CPPIB investing $200 million for stake in specialty food company Premium Brands

VANCOUVER — The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp.
Huawei apt to be stripped of Google services after US ban

Huawei apt to be stripped of Google services after US ban

Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse.
Ford is cutting 7,000 white-collar jobs

Ford is cutting 7,000 white-collar jobs

DETROIT — Ford is cutting about 7,000 white-collar jobs, which would make up 10 per cent of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August.
'John Wick 3' dethrones 'Avengers: Endgame' with $57 million

'John Wick 3' dethrones 'Avengers: Endgame' with $57 million

LOS ANGELES — The box office has a new king and his name is John Wick. The third installment of the hyper violent Keanu Reeves franchise has taken the top spot at the North American box office and ended the three-week reign of "Avengers: Endgame.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: CIBC earnings CIBC will releases its results for the quarter ended April 30 on Wednesday.
Defunct steelmaker's 21-story headquarters imploded

Defunct steelmaker's 21-story headquarters imploded

BETHLEHEM, Pa. — Sixteen thousand tons of Bethlehem Steel collapsed in a matter of seconds Sunday as a demolition crew imploded Martin Tower, the defunct steelmaker's former world headquarters.