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CI Financial signs deal $4.7B deal to be taken private by Mubadala Capital

CI Financial signs deal $4.7B deal to be taken private by Mubadala Capital

TORONTO — CI Financial Corp. has signed a deal to be taken private by Mubadala Capital in an agreement valued at $4.7 billion. Under the transaction, the alternative asset management arm of Mubadala Investment Co.
Judge in Alex Jones' bankruptcy to hear arguments on The Onion's bid for Infowars

Judge in Alex Jones' bankruptcy to hear arguments on The Onion's bid for Infowars

A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The Onion from buying Infowars and turning it into a parody.
DHL cargo plane crashes and skids into a house in Lithuania, killing at least 1

DHL cargo plane crashes and skids into a house in Lithuania, killing at least 1

VILNIUS, Lithuania (AP) — A DHL cargo plane crashed on approach to an airport in Lithuania's capital and skidded into a nearby house Monday morning, leaving at least one crew member dead, officials said.
'We need an industry': Crowsnest Pass residents voting on support for new coal mine

'We need an industry': Crowsnest Pass residents voting on support for new coal mine

CROWSNEST PASS, Alta. — It's been more than 40 years since coal was king in the scenic Crowsnest Pass of southwestern Alberta, but a referendum vote Monday could sway a contentious debate on bringing it back.
Shorter holiday shopping season ups pressure on retailers and consumers

Shorter holiday shopping season ups pressure on retailers and consumers

Canadians waiting for Black Friday to kick-start their holiday shopping have less time to pick up gifts. There are five fewer days between Black Friday on Nov. 29 and Christmas Eve because U.S. Thanksgiving is later this year.
DHL cargo plane crashes in Lithuania

DHL cargo plane crashes in Lithuania

VILNIUS, Lithuania (AP) — A DHL cargo plane crashed Monday morning near the Lithuanian capital. The Lithuanian airport authority identified the aircraft as a “DHL cargo plane flying from Leipzig, Germany, to Vilnius Airport.
Second Cup dumps Jewish General Hospital franchisee over video with 'hateful remarks'

Second Cup dumps Jewish General Hospital franchisee over video with 'hateful remarks'

MONTREAL — Second Cup Canada is cutting ties with a franchisee operating at Montreal's Jewish General Hospital who was allegedly filmed making hateful and antisemitic comments during a protest in the city last week.
How public funds are being used to lure private dollars in race for climate financing

How public funds are being used to lure private dollars in race for climate financing

TORONTO — The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially for developing countries.
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: Postal strike A strike by about 55,000 workers at Canada Post heads into its second week ahead of the key holiday season.
'It's an optimistic space:' Inside Toronto's new drug withdrawal centre

'It's an optimistic space:' Inside Toronto's new drug withdrawal centre

TORONTO — Joshua Orson sits on the edge of a bed in a bright, clean room, thinking about his journey from addict to health-care worker.