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Uber buys Postmates, ups delivery game in $2.65 billion deal

Uber buys Postmates, ups delivery game in $2.65 billion deal

SILVER SPRING, Md. — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday.
One third of Indigenous workers in Canada in jobs facing automation, says report

One third of Indigenous workers in Canada in jobs facing automation, says report

TORONTO — One-third of Canada's Indigenous workers are in jobs facing a high risk of automation, a new report has found.
Activity in services sector shows record rebound in June

Activity in services sector shows record rebound in June

WASHINGTON — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
Canopy Growth worker tests positive for COVID-19, eight more to undergo testing

Canopy Growth worker tests positive for COVID-19, eight more to undergo testing

SMITHS FALLS, Ont. — Canopy Growth Corp. says an employee at its Smiths Falls, Ont. facility has tested positive for COVID-19.
Developers cancel long-delayed, $8B Atlantic Coast Pipeline

Developers cancel long-delayed, $8B Atlantic Coast Pipeline

RICHMOND, Va. — The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.

Ubisoft shakes up executive ranks, begins process to deal with harassment

TORONTO — A Paris-based game software developer with offices in several Canadian cities is making changes in response to complaints against several executives, including a vice-president based in Toronto.
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: Business outlook Bank of Canada will release its business outlook survey and Canadian survey of consumer expectations on Monday.
Cineplex sues former buyer Cineworld, seeking damages over failed deal

Cineplex sues former buyer Cineworld, seeking damages over failed deal

TORONTO — Cineplex Inc. has filed a lawsuit against its former suitor Cineworld Group PLC, seeking damages over the U.K. company's failed acquisition that could exceed the $2.18 billion outstanding on the deal.
Cirque du Soleil creditors oppose recovery strategy proposed by owners

Cirque du Soleil creditors oppose recovery strategy proposed by owners

MONTREAL — Cirque du Soleil creditors who are unhappy with its recovery plan will oppose the purchase agreement between the entertainment company and its current shareholders, which they claim is "doomed to fail.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,596.75, down 25.65 points.) Harte Gold Corp. (TSX:HRT). Materials. Up three cents, or 23.08 per cent, to 16 cents on 4.