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Roots says 'pack and hold' plan for unsold inventory will help avoid markdowns

Roots says 'pack and hold' plan for unsold inventory will help avoid markdowns

Canadian clothing retailer Roots Corp. is heading into its busiest sales period with strong inventory levels and a "pack and hold" plan to deal with unsold merchandise.
Twitter whistleblower brings his critiques to Congress

Twitter whistleblower brings his critiques to Congress

WASHINGTON (AP) — A former security chief at Twitter told Congress on Tuesday that the social platform is plagued by weak cyber defenses, privacy threats and the inability to control millions of fake accounts.
William Ruto sworn in as Kenya's president after close vote

William Ruto sworn in as Kenya's president after close vote

NAIROBI, Kenya (AP) — William Ruto was sworn in as Kenya's president on Tuesday after narrowly winning the Aug. 9 election in East Africa’s most stable democracy, and quickly signaled that his leadership would be a strongly Christian one.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,987.23, up 213.89 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 87 cents, or 2.11 per cent, to $42.11 on 19.5 million shares.
S&P/TSX composite ends day up more than 200 points, U.S. stocks also close higher

S&P/TSX composite ends day up more than 200 points, U.S. stocks also close higher

TORONTO — Canada's main stock index ended the first trading day of the week up more than 200 points,as U.S. stock markets also closed higher. The S&P/TSX composite index was up 213.89 points at 19,987.
Wall Street rallies ahead of high-stakes inflation report

Wall Street rallies ahead of high-stakes inflation report

NEW YORK (AP) — Stocks rose again on Wall Street ahead of a high-stakes report that will hopefully show inflation hammered the economy less hard last month. The S&P 500 climbed 1.
Shawcor changing name to Mattr and launching strategic review

Shawcor changing name to Mattr and launching strategic review

TORONTO — Energy and infrastructure technology company Shawcor Ltd. is changing its name and launching a strategic review that could result in the sale of its pipeline and oilfield asset management divisions.
Bezos rocket crashes after liftoff, only experiments aboard

Bezos rocket crashes after liftoff, only experiments aboard

CAPE CANAVERAL, Fla. (AP) — A rocket crashed back to Earth shortly after liftoff Monday in the first launch accident for Jeff Bezos’ space travel company, but the capsule carrying experiments managed to parachute to safety.
Online food delivery business Skip The Dishes lays off approximately 350 employees

Online food delivery business Skip The Dishes lays off approximately 350 employees

WINNIPEG — Skip The Dishes says it has laid off approximately 350 workers based in Winnipeg.
Tamarack Valley Energy buying Deltastream Energy for $1.425 billion

Tamarack Valley Energy buying Deltastream Energy for $1.425 billion

CALGARY — Tamarack Valley Energy Ltd. is buying Deltastream Energy Corp. for $1.425 billion, a move that Tamarack says solidifies its position as the largest producer in northern Alberta's Clearwater heavy oil play.