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Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

TORONTO — The liquidation sales at Nordstrom stores across Canada will begin Tuesday.
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
Wall Street strengthens after big bank deal, regulator moves

Wall Street strengthens after big bank deal, regulator moves

NEW YORK (AP) — Wall Street is rising Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 was 0.
Putin welcomes China’s Xi to Kremlin amid Ukraine fighting

Putin welcomes China’s Xi to Kremlin amid Ukraine fighting

MOSCOW (AP) — Russian President Vladimir Putin warmly welcomed Chinese leader Xi Jinping to the Kremlin on Monday, a visit that sent a powerful message to Western leaders allied with Ukraine that their efforts to isolate Moscow have fallen short.

S&P/TSX composite up more than 100 points, U.S. stock markets also rise

TORONTO — Canada's main stock index was up more than 100 points in late-morning trading, helped higher by strength in the base metal stocks as well as the energy and telecommunication sectors, while U.S. stock markets also climbed higher.
How air passenger complaints ballooned to 42,000-plus

How air passenger complaints ballooned to 42,000-plus

MONTREAL — The number of air passenger complaints to Canada's transport regulator has more than tripled over the past year, soaring past 42,000 as of this month.
Credit Suisse shares fall, but UBS deal raises hope on banks

Credit Suisse shares fall, but UBS deal raises hope on banks

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.
New York Community Bank to buy failed Signature Bank

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week
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