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Yellen pushes GOP senators on $1.9 trillion relief package

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.
Amazon to open five facilities in Quebec and create more than 1,000 jobs

Amazon to open five facilities in Quebec and create more than 1,000 jobs

MONTREAL — Amazon says it will open five facilities in Quebec that will create more than 1,000 jobs and speed up customer deliveries. The U.S.
Goldman Sachs' profits more than double, despite pandemic

Goldman Sachs' profits more than double, despite pandemic

NEW YORK — Goldman Sachs said its profits more than doubled from a year earlier thanks to a surge in both trading and advising revenue. The New York-based investment bank said it earned a profit of $4.36 billion, or $12.
Bank of America 4Q profit falls 18% on lower interest rates

Bank of America 4Q profit falls 18% on lower interest rates

CHARLOTTE, N.C. — Bank of America’s fourth-quarter profits fell 18% from a year ago, as lower interest rates weighed down its results. However the bank was able to release more than $800 million from its credit reserves, a sign that it sees the U.S.

Lumentum buys Coherent in $5.7B push into lasers, photonics

Lumentum Holdings will spend $5.7 billion in cash and stock to buy Coherent and expand its reach into lasers and photonics.
Pandemic pressures expected to put IT, e-commerce skills in high demand

Pandemic pressures expected to put IT, e-commerce skills in high demand

Prior to 2021, recruiting firm Randstad's annual list of the upcoming year's most in-demand jobs would typically feature roles such as truck drivers, heavy duty mechanics and welders.
Greater Vancouver business organization says members face uncertain outlook in 2021

Greater Vancouver business organization says members face uncertain outlook in 2021

VANCOUVER — The association representing businesses across Metro Vancouver says the costs of COVID-19 continue to mount for its members.
Statistics Canada says wholesale sales rose in November, manufacturing sales down

Statistics Canada says wholesale sales rose in November, manufacturing sales down

OTTAWA — Canadian wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month. Manufacturing sales dropped 0.6 per cent to $53.

New books with buzz? Dozens excerpted in free e-preview

NEW YORK — Excerpts from upcoming works by Pulitzer Prize-winner Viet Thanh Nguyen and crime writer Lisa Scottoline are among 46 books previewed in a free e-book collection.
TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout. U.S.