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Royal Bank president David McKay speaks at the Royal Bank of Canada annual meeting in Toronto on Thursday, April 6, 2017. THE CANADIAN PRESS/Frank Gunn

Royal Bank cutting 450 jobs, mostly in GTA

Royal Bank of Canada says it is cutting 450 jobs, primarily from its head office locations in the Greater Toronto Area as it tries to revamp its business in light of shifting client preferences.

In this Jan. 7, 2014, file photo, Yahoo president and CEO Marissa Mayer speaks during the International Consumer Electronics Show in Las Vegas. (AP Photo/Julie Jacobson, File)

Verizon completes Yahoo takeover

Verizon has taken over Yahoo, completing a US$4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the Internet’s best-known brands.

A sign marks the location of the Keebler corporate offices May 19, 2004 in Elmhurst, Illinois. Kellogg Co., which bought Keebler Foods in 2001, recently announced it would be moving 300 jobs from Elmhurst to Battle Creek, Michigan. (Photo by Scott Olson/Getty Images)

Kellogg lays off 1,000 workers

Kellogg Co. is shuttering distribution centres around the nation and cutting more than 1,000 workers, as it follows through with a cost-cutting plan amid falling sales.

Tuna caught by foreign fishermen aboard American boats are lined up at the Honolulu Fish Auction at Pier 38 in Honolulu. Criminal and civil cases allege executives at the largest canned tuna companies were agreeing to collectively raise prices and limit promotions. (AP Photo/Caleb Jones, File)

Tuna producers up to something fishy

Executives of the most popular tuna brands in the U.S. — Chicken of the Sea, Bumble Bee and StarKist — conspired regularly to keep prices high for consumers with a taste for one of America’s favourite sandwich ingredients, according to criminal and civil court records updated this week.

John Chen, right, Chief Executive Officer BlackBerry, holds the newly launched BlackBerry Z3 smartphone 'Jakarta edition' during a ceremony in Jakarta on May 13, 2014. (ADEK BERRY/AFP/Getty Images)

BlackBerry awarded US$815M in Qualcomm dispute

Shares of BlackBerry Ltd. hit their highest mark in more than a year after the company announced it had been awarded US$814.9 million in a binding interim arbitration decision in a dispute with Qualcomm Inc. over royalty overpayments.

Blue Mountain Resort has new owners

DENVER — The company behind the Mont Tremblant and Blue Mountain ski resorts has signed an agreement to be acquired in a friendly deal valued at US$1.5 billion, including debt.

In this Tuesday, Oct. 6, 2015, file photo, job applications and information for the Gap Factory Store sit on a table during a job fair at Dolphin Mall in Miami. (AP Photo/Wilfredo Lee, File)

Canada adds19,400 jobs

The nation’s labour market pumped out another 19,400 net jobs last month — and the vast majority of the new work was full-time.

Pierre Beaudoin is seen in a 2012 file photo. (Ernest Doroszuk/POSTMEDIA NETWORK)

Bombardier defends pay structure for execs

Bombardier was doing damage control Saturday in the face of an uproar over a hefty increase in compensation to senior management, but the company’s explanations didn’t satisfy all its critics.

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