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U.S. added just 235,000 jobs last month, well short of expectations

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America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.

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Despite a 4th wave, Canada will welcome fully vaccinated foreign travellers on Tuesday

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On Sept. 7, Canada will open its borders to fully vaccinated travellers from across the globe, and let them to skip the country’s 14-day quarantine requirement.

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Chip shortage forces GM to extend factory closures

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General Motors Co. will reduce production at most North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday.

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Canada's trade surplus narrows to $778M in July as imports outpaced exports

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Statistics Canada says the country’s merchandise trade surplus fell to $778 million in July as imports rose more than exports for the month.

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Apple eases App Store rules to allow for outside links to paid subscriptions

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Apple is relaxing rules to allow some app developers such as Spotify, Netflix and digital publishers to include an outside link so users can sign up for paid subscription accounts.

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After CN's setback, CP once again opens door to Kansas City Southern takeover

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Canadian Pacific Railway Ltd. has approached the Kansas City Southern board to reaffirm its interest in taking over the railway after U.S. regulators rejected a key part of Canadian National Railway Co.’s bid.

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The pandemic caused shortages of everything — and experts say we should get used to them

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Shipping bottlenecks, supply chain nightmares and a continuing shortage of semiconductors have pushed up costs of just about everything — and experts say we’re still a long way away from any sort of relief for Canadian businesses and consumers.

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U.S. rail regulator rejects CN's voting trust bid to buy Kansas City Southern

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American railway regulator the Surface Transportation Board has blocked Canadian National Railway’s bid to buy Kansas City Southern in its current form because the deal would include a voting trust that runs afoul of the rules.

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Fraud trial for CEO of bogus blood testing company Theranos set to begin

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Theranos founder Elizabeth Holmes’s claims that she was abused by the company’s chief operating officer, who at the time was her boyfriend, could complicate jury selection in her highly anticipated fraud trial, legal experts said.

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Canada's GDP shrank by 0.3% in 2nd quarter, ending 9-month streak of expansion

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Canada’s economy shrank by 0.3 per cent in the three months between April and June as the third wave of COVID-19 prompted consumers and businesses to keep spending to a minimum.

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