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WeWork cuts nearly 20% of workforce in restructuring effort

WeWork cuts nearly 20% of workforce in restructuring effort

NEW YORK — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankruptcy.
Bank of Canada governor says climate change poses risks to financial systems

Bank of Canada governor says climate change poses risks to financial systems

TORONTO — Bank of Canada governor Stephen Poloz wasn't asked about climate change risks at a discussion about economic change and emerging risks on Thursday, so he brought them up himself.

Federated Co-op grocery warehouse to close in Calgary at cost of 200 jobs

CALGARY — Federated Co-operatives Ltd. says a decision by Calgary Co-op to switch to Save-on-Foods as its grocery supplier means it will have to close its Calgary distribution centre at the cost of just over 200 jobs.
CN strike means Quebec has less than five days propane left, premier says

CN strike means Quebec has less than five days propane left, premier says

Quebec Premier Francois Legault says a strike at Canadian National Railway Co. has left the province with fewer than five days before it runs out of propane, which would wreak havoc at hospitals, nursing homes and farms.
CP Rail to acquire railway that owns tracks involved in Lac-Megantic disaster

CP Rail to acquire railway that owns tracks involved in Lac-Megantic disaster

Canadian Pacific Railway Ltd. has entered into a US$130-million deal to acquire the Central Maine and Quebec Railway, which operates the tracks at the centre of the Lac-Megantic disaster in 2013.
Coldplay decides not to tour for environmental reasons

Coldplay decides not to tour for environmental reasons

LONDON — The British band Coldplay has decided not to launch a global tour because of environmental concerns.

Missing payments highlight need for seniors to prepare financial plans

TORONTO — When an annuity of almost a thousand dollars a month stopped coming in to Neil Hewton's 94-year-old mother, she just thought it was supposed to end.

UAW president steps down as GM sues rival over union bribery

DETROIT — United Auto Workers President Gary Jones abruptly resigned Wednesday, capping a tumultuous day that saw union leaders move to oust him and General Motors accusing rival Fiat Chrysler in a lawsuit of bribing union officials to get more favou
Foreign ski-area investors sue US over residency petitions

Foreign ski-area investors sue US over residency petitions

MONTPELIER, Vt. — Foreigners who invested in northern Vermont ski area developments that are now linked to a fraud case are suing the federal government for failing to act on their petitions for U.S. residency.
CN Rail strike and lack of trucking alternatives stoke forestry industry fears

CN Rail strike and lack of trucking alternatives stoke forestry industry fears

CALGARY — A chronic shortage of truck drivers across Canada is compounding the effects of a strike at Canadian National Railway Co., says the CEO of the Forest Products Association of Canada.