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Domtar reports US$59M fourth-quarter loss, sales down from year ago

Domtar reports US$59M fourth-quarter loss, sales down from year ago

MONTREAL — Domtar Corp. reported a fourth-quarter loss of US$59 million compared with a loss of US$34 million in the same quarter a year earlier. The pulp and paper company, which keeps its books in U.S. dollars, says the loss amounted to US$1.
Study: Smaller cars may be why crashes injure women more

Study: Smaller cars may be why crashes injure women more

CHARLOTTE, N.C. — The smaller, lighter vehicles that women more often drive, and the types of crashes they get into, may explain why they are much more likely to suffer a serious injury in a collision than men, a new study published Thursday found.
Netflix plans to open an office in Canada and grow its relationship with its creators

Netflix plans to open an office in Canada and grow its relationship with its creators

TORONTO — Netflix plans to open an office in Canada in what the streaming giant calls "a big first step" toward content creation in this country.
Bombardier to cut 1,600 jobs in move to reduce costs and consolidate work

Bombardier to cut 1,600 jobs in move to reduce costs and consolidate work

MONTREAL — Bombardier Inc. said Thursday it will reduce its overall workforce by about 1,600 jobs as it anticipates a yearslong recovery in the aviation industry.
In bid to win market share, Tim Hortons modernizing drive-thrus, upgrading menu items

In bid to win market share, Tim Hortons modernizing drive-thrus, upgrading menu items

Tim Hortons is modernizing its drive-thru experience and improving its core menu items in a bid to win over customers as the economy starts to reopen, executives with the restaurant’s parent company say.
Inter Pipeline shares jump as higher bids expected in Brookfield takeover bid

Inter Pipeline shares jump as higher bids expected in Brookfield takeover bid

CALGARY — A proposed hostile takeover of Inter Pipeline Ltd.
Autoworkers face uncertain future in an era of electric cars

Autoworkers face uncertain future in an era of electric cars

TOLEDO, Ohio — When General Motors boldly announced its goal last month to make only battery-powered vehicles by 2035, it didn't just mark a break with more than a century of making internal combustion engines.
Kraft Heinz sells Planters brand to Hormel Foods

Kraft Heinz sells Planters brand to Hormel Foods

Hormel Foods is going nuts. The Austin, Minnesota-based company, known for its meat brands like Spam and Applegate, said Thursday it is buying the Planters nut business from Kraft Heinz Co. for $3.35 billion.
US jobless claims fall slightly to 793,000 with layoffs high

US jobless claims fall slightly to 793,000 with layoffs high

WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections.
Ottawa providing $1 million for undersea ocean tech platform in Halifax area

Ottawa providing $1 million for undersea ocean tech platform in Halifax area

HALIFAX — Ottawa is providing $1 million for an undersea testing platform at a Halifax-area ocean research facility.