• E-commerce giant urges businesses to write PM over Canada Post dispute
E-commerce giant urges businesses to write PM over Canada Post dispute

Canada Post and the Canadian Union of Postal Workers have again agreed to extend mediation aimed at resolving their labour dispute by another 24 hours. To address this problem, Canada Post would offer new employees a defined contribution plan rather than a defined benefit plan, it qu'apuie Federation.

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  • Canada Post and workers agree on tentative deal
Canada Post and workers agree on tentative deal

Canada Post and the union have been negotiating off and on for nine months. Pension issues and differences in pay for rural mail carriers - most of whom are women - and urban letter carriers were a major sticking point the talks. The agreements must be ratified by fifty thousand postal workers across the country before they become the new contrac...

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  • Google drones will drop Chipotle burritos on college students
Google drones will drop Chipotle burritos on college students

Keeping FAA's safety regulations in mind, a closed portion of the campus will be used for deliveries and participants will be shielded. When people envision an ideal future, there's one thing that has to be a recurring theme across the board: Chipotle delivery via drone.

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  • VW engineer pleads guilty in emissions case, will cooperate
VW engineer pleads guilty in emissions case, will cooperate

He is the first person to face criminal charges in connection with the diesel emissions cheating case. According to court documents , he and his co-conspirators realized they could not design a diesel engine that would meet the stricter USA emissions standards.

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  • Oil market volatility is becoming more evident by the week
Oil market volatility is becoming more evident by the week

Crude imports dropped to 7.07 million barrels a day last week, the biggest decline since September 2012, EIA said . The November contract for global crude benchmark Brent was down 1.08% at $49.45, while West Texas Intermediate fell 1.05% at $47.12 a barrel for October deliveries.

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  • Scumbag steals pension money from 93-year-old woman in shocking clip
Scumbag steals pension money from 93-year-old woman in shocking clip

He was charged with robbery, grand larceny and criminal possession of stolen property, police said . Lopez allegedly stole from Maria Vasquez when she was with her attendant at Regines Originals clothing store around noon Thursday. Speaking in Spanish, Vasquez said as soon as she realized what happened, she called for her home health aide ...

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  • Canadian jobs report up next
Canadian jobs report up next

A poll by Thomson Reuters showed economists expecting a much more timid 15,000 net increase in the number of jobs this month. The August job gains didn't quite make up for losses in July of 31,200 positions. Edmonton's unemployment rate sank in August to eight per cent making the city's labour picture officially worse than the darkest point of th...

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  • Wells Fargo fined $185 million for improper account openings
Wells Fargo fined $185 million for improper account openings

Wells Fargo said it has refunded $2.6 million to affected customers for monthly maintenance fees, insufficient fund fees, overdraft charges and other fees paid. Wells Fargo entered eastern USA markets in 2008, when it bought Charlotte-based Wachovia. At the time , the bank told me it couldn't discuss the matter due to customer confidentialit...

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  • Hanjin bankruptcy causes global shipping chaos, retail fears
Hanjin bankruptcy causes global shipping chaos, retail fears

In 2012, the Port of Seattle was criticized by some for making a deal with Hanjin that made rates more favorable for shippers. But the failure of the firm, which ranks as the world's seventh-largest shipper of containers, is unlikely to have a significant impact on operations at the Port of Felxistowe, with none of Hanjin's own ships now operatin...

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  • Huge Apple Mac range refresh tipped for October
Huge Apple Mac range refresh tipped for October

The updates are targeted towards professionals who could make the most of the new features and help push the iPad sales. One possible scenario is supporting the stylus across more apps, including iMessage and Safari, for things like annotations.

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  • Explosion Rocks SpaceX Launch Site in Florida During Test
Explosion Rocks SpaceX Launch Site in Florida During Test

Eyewitnesses reported multiple explosions in the aftermath. It has developed the Falcon 1 and Falcon 9 launch vehicles, both created to be reusable, and the Dragon spacecraft which is flown into orbit by the Falcon 9 launch vehicle to supply the International Space Station with cargo.

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  • Fiat Chrysler's Canadian auto sales down 20 per cent in August following
Fiat Chrysler's Canadian auto sales down 20 per cent in August following

Year over year, sales rose 3% at Fiat Chrysler Automobiles N.V. (NYSE: FCAU) in August to 196,756 units. "Despite tighter dealer inventories, we had a solid retail performance in August led by Chevrolet, which gained retail share in eight different segments", Kurt McNeil, GM's USA vice president of sales operations, said in a release Thursday.

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  • EU Orders Apple to Pay $14.5 Billion in Back Taxes to Ireland
EU Orders Apple to Pay $14.5 Billion in Back Taxes to Ireland

But EU Competition Commissioner Margrethe Vestager said Ireland granted such lavish tax breaks to Apple that the company's effective corporate tax rate on its European profits dropped from 1 percent in 2003 to a mere 0.005 percent in 2014. Badertscher agreed the ruling could discourage US companies from investing in Europe. Apple and Ireland reje...

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  • Africa's biggest economy 'is headed into a full-blown economic crisis'
Africa's biggest economy 'is headed into a full-blown economic crisis'

GDP shrank by 2.06% in the second quarter of 2016, following on from a 0.36% shrinking in the first quarter of the year, according to data released by the country's National Bureau of Statistics (NBS) on Wednesday . The $647.1 million worth of capital inported into Nigeria in the second quarter of the year represented a fall of 75.73% compared t...

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  • US dollar rallies on rate-hike expectation
US dollar rallies on rate-hike expectation

Wall Street closed higher on Monday, helped by a lift in financials and commodity stocks after strong consumer spending data pointed to a pickup in USA economic growth. The central bank's Federal Open Market Committee will take up the subject of potential rate hikes when it meets again from September 20-21. Oil prices fell Tuesday, with Brent l...

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  • Oil falls towards $49 on high output, strong dollar
Oil falls towards $49 on high output, strong dollar

Traders have been hanging on every word from ministers of petro states after officials confirmed earlier this month they would speak on the sidelines of the International Energy Forum next month about taking measures to prop up oil prices. Although these net export earnings include Iran's revenues, the net export revenue is not adjusted for possi...

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  • Drawing more uninsured into Obamacare is critical to its survival
Drawing more uninsured into Obamacare is critical to its survival

That's leaving more markets with just one or two insurers offering plans under the ACA-the point at which competition peters out and the cost of premiums potentially soars. Obamacare as a whole is far from doomed, and in places such as Indianapolis, Los Angeles and Seattle , premium hikes have been small and the ACA seems to be working.

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  • National Conference delegation meets Rajnath Singh, demands ban on pellet guns use
National Conference delegation meets Rajnath Singh, demands ban on pellet guns use

Expressing "deep concern and pain" at the prolonged unrest, PM Modi said,"there has to be a dialogue" for a "permanent and lasting solution" to the problem within the framework of the Constitution of India. Before leaving for Kashmir, he had tweeted that he will interact with civil society groups, political parties and other stakeholders. Pakista...

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  • Tesla lays claim to world's fastest production car
Tesla lays claim to world's fastest production car

This battery pack will be applicable to both Model S and Model X. It will increase their run time in a single stretch by a significant distance. Tesla Motors has unveiled a new battery pack for the performance versions of its Model S and X cars that will extend the range and mean faster acceleration .

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  • South Florida in potential strike zone, hurricane models show
South Florida in potential strike zone, hurricane models show

A disturbance called "invest 99-L" will approach the Leeward Islands and ultimately the Bahamas over the next few days, and could become Tropical Storm Hermine. The U.S. National Hurricane Center says additional strengthening is forecast and Gaston is expected to become a hurricane later in the day. A tropical weather system is brewing in the Atl...

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