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US consumer confidence wanes

AMERICANS are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend. There were also signs Tuesday of cooling in what has been a very resilient US jobs market. The Conference Board, a business research group, said its …

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Competition Bureau ordered to pay $13M to Rogers for lengthy court battle

Canada’s merger court asked the Competition Bureau to pay about $13 million to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms’ $20-billion merger.  Competition Tribunal called commissioner’s approach ‘unreasonable’ in Aug. 28 ruling. Canada’s merger court has ordered the …

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Toyota factories in Japan hit by massive glitch

TOYOTA said Tuesday it halted operations at 12 of its 14 factories in Japan due to a system glitch, but that it did not appear to be a cyberattack. The world’s biggest automaker refrained from discussing other details of the incident, which began Tuesday morning. “Twelve vehicle factories, affecting 25 …

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ChatGPT’s business version launched

SAN FRANCISCO, California: OpenAI on Monday said it was launching a business version of ChatGPT as its artificial intelligence (AI) sensation grapples with declining usership nine months after its historic debut. ChatGPT Enterprise will offer business customers a premium version of the bot with “enterprise grade” security and privacy enhancements …

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Amazon is raising free shipping minimums

NEW YORK CITY: Amazon has been quietly raising the amount some customers must spend on its site to get free shipping. To qualify for no-cost deliveries, some Amazon customers who do not have Prime memberships now need to spend $35, up from $25 previously. Amazon spokesman Kristina Pressentin confirmed the …

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