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National Business
Cannabis company Organigram reports Q1 profit as revenue and margins improve
TORONTO — Organigram Holdings Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue and margins improved. The cannabis company says it earned net income of $5.3 million for the quarter ended Nov.
Jan 12, 2023 9:53 AM
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US applications for jobless benefits lowest in 15 weeks
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy.
Jan 12, 2023 9:11 AM
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Striking New York City nurses reach deal with hospitals
NEW YORK (AP) — Two New York City hospitals have reached a tentative contract agreement with thousands of striking nurses that ends this week's walkout that disrupted patient care, officials announced Thursday.
Jan 12, 2023 6:32 AM
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UAE names oil company chief to lead UN COP28 climate talks
DUBAI, United Arab Emirates (AP) — The United Arab Emirates on Thursday named a veteran technocrat who both leads Abu Dhabi's state-run oil company and oversees its renewable energy efforts to be the president of the upcoming United Nations climate n
Jan 12, 2023 3:56 AM
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China's 2022 auto sales rise 9.5% but growth weakening
BEIJING (AP) — China’s auto sales rose 9.5% last year as electric vehicle purchases nearly doubled, but demand in the global industry’s biggest market slumped in December, foreshadowing weaker growth this year, a trade group reported Thursday.
Jan 12, 2023 3:26 AM
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Asian shares mixed ahead of key US inflation data
TOKYO (AP) — Asian shares were mixed Thursday ahead of a closely watched report on U.S. inflation viewed as a good indicator of whether Wall Street’s recent rising optimism is warranted or overdone.
Jan 11, 2023 11:25 PM
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Interfor cuts back production by 8% for Q1 on lower demand
BURNABY, B.C. — Interfor Corp. says it will reduce lumber production by at least eight per cent of capacity in the first quarter as market uncertainty affects demand. The Burnaby, B.C.
Jan 11, 2023 6:00 PM
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Air travel across US thrown into chaos after computer outage
NEW YORK (AP) — Thousands of flights across the U.S. were canceled or delayed Wednesday after a government system that offers safety and other information to pilots broke down, stranding some planes on the ground for hours.
Jan 11, 2023 5:45 PM
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EXPLAINER: How NOTAM caused widespread flight disruptions
DALLAS (AP) — Until Wednesday, few travelers had ever heard of a Notice to Air Missions, or NOTAM, nor did they know that the system used to generate those notices could cause widespread travel misery.
Jan 11, 2023 5:44 PM
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Aritzia reports record revenue in third quarter, profit of $70.7 million
Aritzia Inc. says it had record quarterly revenue in its third quarter as it made gains company wide including notable growth in the U.S. and online. The Vancouver-based clothing retailer says net revenue of $624.6 million for the quarter ending Nov.
Jan 11, 2023 5:32 PM
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