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Starbucks CEO to retire; founder Schultz to be interim chief

Starbucks CEO to retire; founder Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.
Pfizer asks US to allow 4th COVID vaccine dose for seniors

Pfizer asks US to allow 4th COVID vaccine dose for seniors

WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit. Currently the U.S.
'60 Minutes' tops in TV for third straight week

'60 Minutes' tops in TV for third straight week

NEW YORK (AP) — CBS' “60 Minutes,” with reports on Ukraine, voting rights, Pete Buttigieg and “Ted Lasso,” was the week's most-watched live television show — making it three weeks in a row for the old guys.
Honda plans $1.38B plant upgrade in Ontario, feds and province to invest millions

Honda plans $1.38B plant upgrade in Ontario, feds and province to invest millions

ALLISTON, Ont. — A division of Honda Canada Inc. is set to announce Wednesday that it will spend $1.
S&P/TSX composite edges higher; crude falls as China COVID cases mount

S&P/TSX composite edges higher; crude falls as China COVID cases mount

TORONTO — Canada's main stock index recovered from morning weakness to edge higher Tuesday even though crude oil and gold prices continued to lose steam on concerns about lockdowns in China stemming from a rise in a new COVID-19 variant.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,187.84, up 7.06 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down 32 cents, or 0.4 per cent, to $73.83 on 16.
Walmart creating global tech hub in Toronto, part of $3.5-billion investment

Walmart creating global tech hub in Toronto, part of $3.5-billion investment

MISSISSAUGA, Ont. — Walmart Inc. is making Toronto one of a pair of new global tech hubs, with plans to hire hundreds of workers at the two sites. The retail giant says it chose Canada's largest city and Atlanta, Ga.
Embattled Federal Reserve pick Raskin withdraws nomination

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation. West Virginia Sen.
Embattled Federal Reserve pick Raskin withdraws nomination

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve's Board of Governors.
Gen Z less worried about fraud, survey finds, but precautions can be simple

Gen Z less worried about fraud, survey finds, but precautions can be simple

The amount of money lost to fraud and scams skyrocketed in 2021, yet Canadians in Generation Z are less concerned than their older counterparts.