Monthly Archive: April 2018

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Volkswagen says it’s looking at changing CEO in reshuffle

FRANKFURT — Volkswagen said Tuesday it was considering replacing CEO Matthias Mueller as part of a management shake-up, and German news media reported Mueller’s job would go to core Volkswagen brand head Herbert Diess. The company said it was contemplating a management reshuffle and reassigning responsibilities among executives that “could include a change in the […]

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US wholesale prices up 0.3 per cent in March

WASHINGTON — U.S. wholesale prices increased 0.3 per cent in March, driven higher by the largest increase in food costs in nearly four years. The Labor Department said Tuesday that the March gain in the producer price index, which measures inflation pressures before they reach the consumer, followed a 0.2 per cent rise in February […]

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CMHC reports pace of housing starts slowed in March compared with February

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed in March compared with February. The agency says the seasonally adjusted annual rate slowed to 225,213 units last month compared with 231,026 in February. Multiple urban starts, which includes buildings such as apartments, townhouses and condominiums, fell 7.3 per cent […]

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Tim Hortons apologizes for ‘misunderstanding,’ says proceeds from Humboldt doughnut will be donated

FALL RIVER, N.S. — Tim Hortons is apologizing for a “misunderstanding” after a Halifax-area franchisee reportedly sold doughnuts in the Humboldt Broncos’ colours without intending to donate the proceeds to the team. The company says it has since launched a national fundraising campaign to support the junior hockey team that was involved in a horrific […]

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At the EEOC, harassment cases can languish for years

WASHINGTON — The federal agency handling workplace harassment complaints has become a crowded waystation in an overwhelmed bureaucracy, with wait times often stretching years. And as the Equal Employment Opportunity Commission takes on renewed significance in light of the growing #MeToo movement, lawyers worry the increased caseload will lead to even longer delays. A federal […]