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WestJet cancels orders for 15 Boeing 737 Max planes as industry struggles

WestJet cancels orders for 15 Boeing 737 Max planes as industry struggles

WestJet Airlines Ltd. says it has cancelled orders for 15 Boeing 737 Max aircraft as the industry-wide downturn in aviation continues. The cancellations leave WestJet with 27 Max aircraft remaining on order, the company says.
Coupang, the Amazon of South Korea, debuts on NYSE

Coupang, the Amazon of South Korea, debuts on NYSE

The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in the U.S., or Alibaba in China, will begin trading under the ticker “CPNG.
US jobless claims fall to 712,000 as pace of layoffs eases

US jobless claims fall to 712,000 as pace of layoffs eases

WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improvin
Brookfield Infrastructure says its price for Inter Pipeline stands, despite rejection

Brookfield Infrastructure says its price for Inter Pipeline stands, despite rejection

TORONTO — Brookfield Infrastructure Partners LP says Inter Pipeline Ltd. hasn't provided evidence to support its call for a higher alternative to the $7.1 billion hostile takeover bid that Brookfield announced last month.
Budget-conscious gamers have alternatives to sky high PlayStation prices

Budget-conscious gamers have alternatives to sky high PlayStation prices

TORONTO — A shortage of video game consoles during the COVID-19 pandemic has been highly lucrative for resellers like Rick Charles. The 25-year-old project manager has made as much as $500 profit on the sale of each coveted new PlayStation 5.

Premium Brands reports Q4 profit and revenue up, increases quarterly dividend

VANCOUVER — Premium Brands Holdings Corp. raised its dividend as it reported its fourth-quarter profit and revenue rose compared with a year ago. The specialty food company increased its quarterly dividend to 63.5 cents per share, up from 57.
Gig workers group opposes Uber's new pitch to provinces, say it lacks fair pay

Gig workers group opposes Uber's new pitch to provinces, say it lacks fair pay

TORONTO — Uber Technologies Inc.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,690.00, up 90.81 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 31 cents, or 1.16 per cent, to $27.13 on 11.
Manufacturer Linamar announces community vaccine clinic in quarterly report

Manufacturer Linamar announces community vaccine clinic in quarterly report

Linamar Corp. is setting up a community clinic this week that could deliver up to 2,000 COVID-19 vaccines per day, as the auto parts maker prioritizes vaccines in its recovery from the pandemic. The Guelph, Ont.
Facebook moves to dismiss federal, state antitrust suits

Facebook moves to dismiss federal, state antitrust suits

Facebook has asked a court to dismiss state and federal antitrust lawsuits that accuse it of abusing its market power in social networking to crush smaller competitors.