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Top News: Business

Jeremy Scahill of The Intercept talks drones, war journalism Special

Toronto - Jeremy Scahill's work with the intercept and his reporting abroad made for fascinating conversation in a wide-ranging discussion with David Walmsley (Globe & Mail).

Inside the future of payroll technology

If there’s one way to inadvertently drive your business into the ground it’s by making mistakes on how you pay people—or by failing to pay them at all.

Desert plant may soon give us an alternative to rubber

Rubber tree plantations in Southeast Asia have supplied most of the world's natural rubber for truck, car and airplane tires for the last century. But a number of issues can interupt its flow to the world market.

'Flash Crash' trader to appear in London court

London - A British trader accused of contributing to a US stock market crash and fraudulently making $40 million in high-frequency trading from his modest London home was due to appear in court on Wednesday.

H5N2 bird flu hits Iowa farm, infecting 5.3 million chickens

Almost 5.3 million laying hens at an Iowa farm will have to be destroyed after the highly infectious and deadly bird flu was identified, the U.S. Department of Agriculture said on Monday.

Ontario to allow beer sales in some grocery stores

Toronto - The premier of the province of Ontario, Kathleen Wynne, announced the government will allow beer to be sold in up to 450 grocery stores.

Biotech company Cellectis floats on stock exchange

Paris - The biotech start-up company Cellectis has gone public for a massive $228 million. This is nearly double the value the company filed for in February 2015.

Bracing for deep losses, McDonald's Japan to close 131 outlets

McDonald's Corporation-Japan is forecasting deeper losses this year with the planned renovation of 2,000 of its 3,100 stores, along with closing 131 under-performing stores, putting 100 employees out of a job.

Op-Ed: Harper government privatizing Canadian Wheat Board

Ottawa - Canadian Agriculture Minister Gerry Ritz announced the deal with the multinational G3 Global Grain Group. The G3 are actually paying not one cent for the 50.1 per cent share they will get in the company.

Wal-Mart suddenly closes 5 stores, lays off thousands of workers

Wal-Mart suddenly closed five stores in four states on Monday for alleged plumbing problems. The closures could last up to six months and affect roughly 2,200 workers in Texas, California, Oklahoma, and Florida, CNN Money reports.

China gets 40-year rights to Pakistan port, access to Arabian Sea

Gwadar - China is investing over $1.62 billion on Pakistan's Gwadar Port facility and the added infrastructure, including an expressway, international airport, breakwater and cargo terminal. In return, Beijing will have the right to operate the port for 40 years.

Bank of Canada leaves lending rate at 0.75 per cent

Ottawa - The Bank of Canada announced that it will be maintaining the overnight interest rate at a low 0.75. The bank rate will be one per cent and the rate on deposits 0.50 per cent.

Standard and Poor downgrades Greece's credit rating further

Athens - Greece's credit grade is already in junk status but on April 15 rating agency Standard and Poor downgraded the status of Greek credit even further.

What to look for when you’re hiring a data analytics manager

Few jobs today typify the “knowledge economy” as does the role of a data analytics professional. Learn how to hire one of these rare specialists.

Can the editorial team also write sponsored content? Commissioned

Is sponsored content jeopardizing a publication's integrity? Or this trend a trusted revenue source for news outlets across the world?

Gravity Payments CEO Dan Price to set $70K company minimum wage

Seattle - Concerned about growing economic inequality, the CEO of a credit card processing company is taking a nearly $1 million pay cut and raising the firm's minimum salary to $70,000.

IMF slightly reduces growth outlook for Canada this year and next

Ottawa - The International Monetary Fund(IMF) has slightly reduced its forecast for Canadian economic growth both for this year and next. Reduction in oil prices is partly responsible for the reduction in the growth outlook.

Kanye West says he rejected multimillion-dollar Apple partnership

Kanye West claims that he turned down a chance to work with Apple, according to a profile in The New York Times' T Magazine.

FDA says farmers are still using medically important antibiotics

The Food and Drug Administration released its 2013 annual report last week on the sale of medically important antibiotics to meat producers. The report shows that sales increased three percent in 2013, and 20 percent between 2009 and 2013.
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