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Yamana shares rise with gold price spike, 12 per cent dividend increase

Yamana shares rise with gold price spike, 12 per cent dividend increase

TORONTO — Shares in Yamana Gold Inc. rose Friday after the company announced a 12 per cent increase in its dividend and as gold prices traded near a nine-year high. The company's Toronto Stock Exchange stock was up by 69 cents, or 9.
Garmin fitness tracking service goes down, frustrating users

Garmin fitness tracking service goes down, frustrating users

LONDON — GPS device-maker Garmin’s online fitness tracking service has gone down, leaving runners and cyclists struggling to upload data from their latest workouts.
Goldman Sachs and Malaysia reach $3.9B settlement over 1MDB

Goldman Sachs and Malaysia reach $3.9B settlement over 1MDB

KUALA LUMPUR, Malaysia — Malaysia’s government said Friday it has reached a $3.
Simon-backed venture makes offer to buy Brooks Brothers

Simon-backed venture makes offer to buy Brooks Brothers

NEW YORK — A retail venture owned by licensing company Authentic Brands Group and mall owner Simon Property Group has entered into an agreement to buy the iconic Brooks Brothers for $305 million.
AP-NORC poll: Nearly half say job lost to virus won't return

AP-NORC poll: Nearly half say job lost to virus won't return

WASHINGTON — Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows, a sign of increasing pessimism that would translate into roughly 10 million workers n
Consumers flocked to online shopping as pandemic hit, with e-commerce sales up 99%

Consumers flocked to online shopping as pandemic hit, with e-commerce sales up 99%

Canadian consumers flocked to online shopping as the measures to combat the COVID-19 pandemic were enacted, according to a Statistics Canada report. A new report from the agency found that total retail sales fell by 17.

FAA orders emergency engine checks of parked Boeing 737s

WASHINGTON — Safety regulators issued an emergency order directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down during flights.
US new home sales jump 13.8% in June

US new home sales jump 13.8% in June

WASHINGTON — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
Newfoundland and Labrador deficit soars to $2.1 billion for fiscal 2020-21

Newfoundland and Labrador deficit soars to $2.1 billion for fiscal 2020-21

ST. JOHN'S, N.L. — Declining oil revenues coupled with costs associated with the COVID-19 pandemic has Newfoundland and Labrador projecting a $2.1-billion deficit for fiscal 2020-21 — an increase of $1.35 billion from last year's budget.
Canfor earns $60.7 million in Q2 due to improved demand and prices

Canfor earns $60.7 million in Q2 due to improved demand and prices

VANCOUVER — Canfor Corp. says its results turned positive in the second quarter on a large reversal of a writedown in its lumber operations due to improved demand and prices towards the end of the quarter.
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