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Disney to lay off 28,000 at its parks in California, Florida

Disney to lay off 28,000 at its parks in California, Florida

ORLANDO, Fla. — Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida.
CRTC's undercover shoppers find fault with 1-in-5 interactions with wireless sellers

CRTC's undercover shoppers find fault with 1-in-5 interactions with wireless sellers

TORONTO — A "secret shopper" campaign on behalf of the CRTC found evidence of misleading or aggressive behaviour in about one-fifth of the interactions between its undercover shoppers and sales staff for six major wireless carriers.

Bereft of scripted shows, opening week ratings down for TV

NEW YORK — The surest sign of how the coronavirus shutdown has devastated the television industry is the fourth-place finish of CBS in what was nominally the first week of a new fall season.
TC Energy inks deal for Indigenous ownership stake in Keystone XL pipeline

TC Energy inks deal for Indigenous ownership stake in Keystone XL pipeline

CALGARY — Indigenous communities are being given a chance to pursue an ownership interest in the Keystone XL pipeline project, builder TC Energy Corp. announced on Tuesday.
Unfriendly skies: Airline workers brace for mass layoffs

Unfriendly skies: Airline workers brace for mass layoffs

DETROIT — The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he’ll be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry decimated by the coronavirus pandemic.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,211.52, down 31.29 points.) Bank of Nova Scotia. (TSX:BNS). Financials. Down 53 cents, or 0.95 per cent, to $55.44 on 7.

North American stock markets drift lower on path to first monthly loss since March

TORONTO — North American stock markets are heading toward their first monthly losses since March's sharp correction after drifting lower on the penultimate day of trading in September.
JPMorgan to pay $920M for manipulating bond, metals markets

JPMorgan to pay $920M for manipulating bond, metals markets

NEW YORK — JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in fines and penalties for the illegal behaviour . U.S.
Hybrid Paris Fashion Week, both physical and digital, begins

Hybrid Paris Fashion Week, both physical and digital, begins

PARIS — Christian Dior on Tuesday was the first major fashion house to stage a traditional ready-to-wear runway show in Paris since the coronavirus pandemic hit in March. The show headlined the first full day of a hybrid-style Paris Fashion Week.
Lack of capital for major project investments cited by Indigenous business panel

Lack of capital for major project investments cited by Indigenous business panel

CALGARY — Limited and slow access to capital is a major barrier to First Nations' ability to take ownership roles in the resource megaprojects being built across their lands, a panel of Indigenous business leaders said Tuesday.