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Technology companies led U.S. stocks broadly higher Monday, extending the market’s recent rally. Trading was muted following the Christmas holiday as Wall Street kicked off the final week in a banner year for the stock market.
Source: ctv business
Stocks slightly higher as traders return from holiday

Delta Air Lines said Monday that new pandemic-related cleaning requirements at a Shanghai airport were behind the turning back of a recent flight from Seattle in midair, a move that had prompted a protest from the Chinese Consulate in San Francisco.
Source: ctv business
Delta: Flight to Shanghai turned back because of COVID-19 rules

In 2021, there were times when technology misfired or failed to work entirely — from giant internet outages and crippling ransomware attacks to a series of issues for Meta, the company formerly known as Facebook. CNN Business has published its list of some of the most noteworthy tech-tastrophes of 2021.
Source: ctv business
The biggest tech fails of 2021

Airlines cancelled hundreds more flights Sunday, citing staffing problems tied to COVID-19, with no clear indication when normal schedules would resume. But shoppers shrugged off the Omicron variant, and holiday sales rose at the fastest pace in 17 years.
Source: ctv business
COVID-19 variant disrupts holiday travel but not shopping in U.S.

Turmoil could lie ahead for some Canadian retailers in the new year, with independent businesses in particular facing possible bankruptcy should the busy holiday shopping season prove to be a bust.
Source: ctv business
‘Perfect storm’ ahead for some independent stores, but niche retailers will shine, analysts say

Airlines continued to cancel hundreds of flights Saturday as staffing issues tied to COVID-19disrupted holiday celebrations during one of the busiest travel times of the year.
Source: ctv business
Flight cancellations drag on as airlines short-staffed

This Boxing Day will be a ‘little bit muted,’ compared to other years amid the ongoing COVID-19 pandemic, and global supply chain issues, according to a retail expert.
Source: ctv business
Boxing Day shopping likely to be ‘subdued’ this year amid COVID-19, supply chain issues: expert

The Finance Department said the federal government hasn’t abandoned a Liberal pledge to lower the fees merchants pay every time a shopper pays with a credit card.
Source: ctv business
Feds still plan to act on credit card fees as merchants worry over pandemic delays

The Omicron variant threatens to tamp down retail sales on Boxing Day, as COVID-19 concerns rise along with case counts and pandemic restrictions.
Source: ctv business
Omicron threatens sales on Boxing Day, increasingly overshadowed by Black Friday

Asian stock markets rose Friday after Wall Street hit a new high as fears of the coronavirus’s Omicron variant eased.
Source: ctv business
Asian stock markets follow Wall St up as Omicron fears ease