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US consumer prices up 0.3% in January, led by energy spike

US consumer prices up 0.3% in January, led by energy spike

WASHINGTON — U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest.
Precision Drilling reports $37.5M loss in Q4, revenue down 46 per cent

Precision Drilling reports $37.5M loss in Q4, revenue down 46 per cent

CALGARY — Precision Drilling Corp. reported a fourth-quarter loss of $37.5 million as its revenue fell 46 per cent compared with a year earlier. The contract drilling company says the loss amounted to $2.74 per share for the quarter ended Dec.
Union approves deal with Chicago schools to return to class

Union approves deal with Chicago schools to return to class

CHICAGO — The Chicago Teachers Union has approved a deal with the nation’s third-largest school district to get students back to class during the coronavirus pandemic, union officials announced early Wednesday.
WildBrain reports $11.3M profit in Q2 compared with a loss a year ago

WildBrain reports $11.3M profit in Q2 compared with a loss a year ago

HALIFAX — WildBrain Ltd. says it earned a second-quarter profit of $11.3 million compared with a loss in the same quarter a year earlier as its revenue improved.

Allianz X invests $53.5 million in Purpose Financial for minority stake

TORONTO — German company Allianz X has signed a deal to take a minority stake in Canadian financial technology firm Purpose Financial.

Police in Europe bust gang hijacking celeb phones, arrest 10

LONDON — Police have arrested 10 people in the U.K., Belgium and Malta for allegedly hijacking mobile phones belonging to U.S.

South Africa scraps AstraZeneca vaccine, will give J&J jabs

JOHANNESBURG — South Africa will give the unapproved Johnson & Johnson vaccine to its front-line health workers beginning next week as a study to see what protection it provides from COVID-19, particularly against the variant dominant there, the
Two of Premier Kenney's caucus members join coalition fighting COVID-19 restrictions

Two of Premier Kenney's caucus members join coalition fighting COVID-19 restrictions

EDMONTON — Two members of Alberta Premier Jason Kenney’s caucus are challenging the province's COVID-19 economic restrictions and have joined a national coalition pushing against lockdowns.
Two of Premier Kenney's caucus members join coalition fighting COVID-19 restrictions

Two of Premier Kenney's caucus members join coalition fighting COVID-19 restrictions

EDMONTON — Two members of Alberta Premier Jason Kenney’s caucus are challenging the province's COVID-19 economic restrictions and have joined a national coalition pushing against lockdowns.

Lost in fog: Kobe copter crash highlights danger for pilots

The federal investigation into the helicopter crash that killed former NBA star Kobe Bryant and eight others has put a renewed spotlight on a long-known danger of flying: Pilots who become disoriented when they can't see their surroundings.
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