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US prices stay high, showing inflation pressures persist

US prices stay high, showing inflation pressures persist

WASHINGTON (AP) — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. Prices increased 0.
CFIB wants CEBA loan repayment deadline extended as businesses struggle

CFIB wants CEBA loan repayment deadline extended as businesses struggle

TORONTO — The Canadian Federation of Independent Business says in a survey of its members, 78 per cent of them reported that getting extra time to repay their Canada Emergency Business Account loans will increase the likelihood of their survival.
Nuvei says Q1 revenue up 20%, but reports loss due to Paya acquisition costs

Nuvei says Q1 revenue up 20%, but reports loss due to Paya acquisition costs

MONTREAL — Nuvei Corp. saw its first-quarter revenue rise 20 per cent compared with a year ago, but recorded a loss for the first three months of the year as it was hit by about US$20 million in costs related to its deal to buy U.S.
Tim Hortons signs deal to start opening locations in South Korea later this year

Tim Hortons signs deal to start opening locations in South Korea later this year

TORONTO — Tim Hortons says the coffee and doughnut chain has signed a deal to open locations in South Korea starting later this year. The company says it has signed a master franchise agreement with BKR Co. Ltd.
CBC resumes activity on some of its Twitter accounts after hitting pause over labels

CBC resumes activity on some of its Twitter accounts after hitting pause over labels

The CBC and Radio-Canada are returning to Twitter after pausing activity last month over their designation as "government-funded media" by the social media platform.
Biden: Debt meeting 'productive,' default 'not an option'

Biden: Debt meeting 'productive,' default 'not an option'

WASHINGTON (AP) — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to try to avert the looming risk of an unprecedent
Riverbank erosion prompts Wisconsin band to ask for emergency shutdown of Line 5

Riverbank erosion prompts Wisconsin band to ask for emergency shutdown of Line 5

WASHINGTON — Heavy spring flooding has made Line 5 an "imminent threat" to Lake Superior and a key Indigenous watershed, lawyers argued Tuesday in an emergency motion to shut down the controversial cross-border pipeline.
Canada keeps close-mouthed but a close eye on standoff over U.S. debt limit

Canada keeps close-mouthed but a close eye on standoff over U.S. debt limit

WASHINGTON — Canada's federal government was watching closely and saying little Tuesday as a high-stakes race against the clock got underway in earnest at the White House, with the health of the global economy hanging in the balance.
Quebec tables new bill to crack down on Airbnb-style, short-term rentals

Quebec tables new bill to crack down on Airbnb-style, short-term rentals

QUEBEC — The Quebec government tabled a bill Tuesday that would require short-term rental companies to ensure their online listings are certified by the province.
Closure of Montreal's legendary Main Deli mourned by regulars, prime minister

Closure of Montreal's legendary Main Deli mourned by regulars, prime minister

Montreal smoked meat has long been defined by a rivalry. Schwartz's deli may have been better known, but for many Montrealers the best smoked meat sandwich was prepared across the street, at the Main Deli.
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