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Collecting CPP while still contributing goes against expert advice

Collecting CPP while still contributing goes against expert advice

CALGARY — Canadians can begin collecting Canada Pension Plan payments as early as age 60, but financial advisers warn it rarely makes sense to do so. And there are even fewer reasons to start drawing retirement funds early when you're still working.
European Central Bank deploys stimulus to ease virus damage

European Central Bank deploys stimulus to ease virus damage

FRANKFURT — The European Central Bank deployed targeted new stimulus measures to cushion the shock to the economy from the virus outbreak, but its president said monetary policy couldn't do it alone and called for a "decisive and determined” response
Starbucks stores may go drive-thru only or limit seating

Starbucks stores may go drive-thru only or limit seating

Some Starbucks stores in the U.S. and Canada may become drive-thru only while others could limit the number of people allowed inside, the company said, one day after the World Health Organization declared the outbreak of coronavirus a pandemic.

Las Vegas movie exhibition CinemaCon cancelled due to virus

LOS ANGELES — The annual movie exhibition and trade show CinemaCon has been cancelled in Las Vegas due to coronavirus, scuttling one of Hollywood's premier hype machines.

FAA grounds operator that ran flights for pro sports teams

DALLAS — Federal officials have grounded a charter operator that carried professional baseball and hockey teams, saying the company and its pilots weren’t authorized for the kind of commercial venture they operated.
Claims for jobless benefits drop by 4,000

Claims for jobless benefits drop by 4,000

WASHINGTON — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labour market in a major way.

Dorel says factories in China delayed by COVID-19, production delayed

MONTREAL — Dorel Industries Inc. says its suppliers based in China delayed re-opening following the Chinese New Year due to the COVID-19 outbreak, with production delayed by two weeks in most cases.
Canadian Tire names Greg Hicks as new chief executive

Canadian Tire names Greg Hicks as new chief executive

TORONTO — Canadian Tire Corp. Ltd. has named Greg Hicks as president and chief executive, effective immediately. Hicks takes over from Stephen Wetmore, who is also stepping down as a member of the board.
WHO declares coronavirus a pandemic, urges aggressive action

WHO declares coronavirus a pandemic, urges aggressive action

GENEVA — The World Health Organization declared the coronavirus a pandemic and urged aggressive action from all countries to fight it, as U.S.
Asian shares sink after Dow hit bear level on pandemic news

Asian shares sink after Dow hit bear level on pandemic news

TOKYO — Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan's benchmark Nikkei 225 dived 4.2% in morning trading to 18,591.01. Australia's S&P/ASX 200 dropped 5.