WorldCom severance payments approved by bankruptcy court
The U.S. Bankruptcy Court in Manhattan has agreed to let WorldCom Inc. disburse US$36 million in severance payments. Despite earlier concerns they would get less than they were eligible for (NL, Aug. 13/02), 4,000 laid-off workers will receive an additional US$9,000 on average.

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Patrick Pichette has been named CFO of Bell Canada. Previously EVP planning and performance management at BCE, he has experience at McKinsey & Co. and Call-Net Enterprises Inc. He replaces David McLennan, who will be given other duties at BCE.

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Donations to Ernie Eves’ leadership campaign
Elections Ontario has released the list of contributors who gave more than $100 to the candidates in the leadership campaign of the provincial Progressive Conservative Party. Here are some of the noteworthy donors to the winner, Ernie Eves.

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The growing demand for educated staff in the high-tech field has become the basis for Canada’s newest university. The University of Ontario Institute of Technology (UOIT), located in Oshawa, will not begin teaching students until next year, but it is already working with the sector to harmonize relations.

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