Business News

Business News

Business News

First class could be cut on busy trains, says Grayling

The transport secretary is "absolutely" committed to scrapping first class seats on commuter routes.
Author:
Posted: July 22, 2017, 10:49 am

Why Wynne will win, or lose, in 2018 - Toronto Sun


Toronto Sun

Why Wynne will win, or lose, in 2018
Toronto Sun
Don't look now, but Premier Kathleen Wynne and the Ontario Liberals are climbing in the polls just in time for next spring's election. The Liberals' rebounding prospects aren't surprising. For several months the Wynne government has concentrated on ...
Blackberry QNX takes autonomous car for a spin at Kanata North Technology ParkCTV News
High price of hydro is Wynne's Achilles heel as she prepares for electionTheRecord.com
Don't give Ontario another Wynne-Wynne -- Community editorial boardStandard Freeholder
www.muskokaregion.com/ -Ottawa Business Journal -Canoe -London Free Press
all 8 news articles »
Author:
Posted: July 22, 2017, 1:48 am

BC Hydro shuffles leadership as NDP government prepares review of Site C - The Globe and Mail


The Globe and Mail

BC Hydro shuffles leadership as NDP government prepares review of Site C
The Globe and Mail
British Columbia's Crown-owned electricity company has replaced its president and chief executive officer – a shift that comes as the province's new NDP government prepares to place BC Hydro's signature project, the $8.8-billion Site C dam, under fresh ...
Premier Horgan goes headhunting to fire, hire BC Hydro leaderVancouver Sun
BC Hydro CEO Jessica McDonald firedCBC.ca
BC Hydro president Jessica McDonald firedGlobalnews.ca
CTV News -Times Colonist -News1130 -Straight.com
all 76 news articles »
Author:
Posted: July 22, 2017, 1:41 am

Kushner and Ivanka Trump detail big tech stake, art and up to $762 million in assets

Jared Kushner and Ivanka Trump filed disclosure documents on Friday that reveal new information about their extensive business holdings and investments that could be worth more than $762 million.
Author:
Posted: July 22, 2017, 12:48 am

Metrolinx opts out of legal battle with Bombardier but won't let it bid to operate GO trains - CBC.ca


CBC.ca

Metrolinx opts out of legal battle with Bombardier but won't let it bid to operate GO trains
CBC.ca
Metrolinx has decided against appealing a judge's ruling that blocked the transit agency from its bid to drop a $770-million contract with Bombardier — but will exclude the Montreal-based company from bidding to operate GO Transit trains as it has ...
Metrolinx abandons court appeal but says Bombardier cannot bid to operate GO trainsCTV News
Metrolinx drops appeal of court decision over Bombardier contractThe Globe and Mail
Metrolinx drops appeal of Bombardier court decisionToronto Star

all 5 news articles »
Author:
Posted: July 21, 2017, 11:33 pm

Comic book success

How Comic-Con has become an annual festival of costumes and comic books - and a multi-million dollar industry.
Author:
Posted: July 21, 2017, 11:22 pm

Spirit of 1973

When England's women won the first Cricket World Cup in 1973 they did it solely for the love of the game.
Author:
Posted: July 21, 2017, 11:15 pm

What's next for online black markets?

Read full story for latest details.
Author:
Posted: July 21, 2017, 11:11 pm

In search of donations: NASA's famed Apollo Mission Control Center

Houston, we have a problem.
Author:
Posted: July 21, 2017, 11:10 pm

Musk touts approval of New York-Washington 'hyperloop' - New York Daily News


New York Daily News

Musk touts approval of New York-Washington 'hyperloop'
New York Daily News
Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, U.S., July 19, 2017. REUTERS/Aaron P. Bernstein. (Reuters). Reuters.
Hyperloop could transform transportation in the NortheastCBS News
Musk says he has verbal US government to build high-speed tunnelPLANT
Hyperloop or hyperbole? Musk promises NY-DC run in 29 minsYahoo News Canada (blog)
New Jersey Herald -RenewEconomy -American Enterprise Institute -Tech Times
all 31 news articles »
Author:
Posted: July 21, 2017, 10:44 pm

Sask. deficit for last year triple what was predicted - CBC.ca


CBC.ca

Sask. deficit for last year triple what was predicted
CBC.ca
It's the final word on what turned out to be a bad year for the province's finances. Last year ended with a deficit of $1.2 billion —three times the original deficit the Saskatchewan government had initially predicted. "The prolonged downturn in ...
Province releases 2016-2017 Public Accounts; finishes fiscal year with $1.22 billion dollar deficitGlobalnews.ca
It's final: Saskatchewan end-of-year numbers confirm $1.2B deficitNational Post
Province ends fiscal year with $1.22-billion deficitRegina Leader-Post
620 CKRM.com -News Talk 650 CKOM
all 6 news articles »
Author:
Posted: July 21, 2017, 10:27 pm

The Amazon effect: How e-commerce is driving a real estate revolution

As e-commerce players scale up, they're driving demand for massive warehouse space
Author: Mark Rendell and Janet McFarland
Posted: July 21, 2017, 10:27 pm

Out of step: Low inflation poses hurdle for Bank of Canada

Statistics Canada reported that the country’s 12-month inflation rate sank to its lowest level in nearly two years in June
Author: DAVID PARKINSON
Posted: July 21, 2017, 10:15 pm

Pro-Trump media celebrates Spicer's departure, Scaramucci's appointment

President Donald Trump's most fervent online supporters don't seem to care about some of the liberal views held by new White House Communications Director Anthony Scaramucci. They want a fighter loyal to the president and his cause, and they believe they got that with Scaramucci's appointment and Sean Spicer's resignation.
Author:
Posted: July 21, 2017, 9:58 pm

Encana and Husky post diverging results amid oil price slump - Financial Post


Financial Post

Encana and Husky post diverging results amid oil price slump
Financial Post
CALGARY • Shares in Husky Energy Inc. tumbled while Encana Corp. jumped after the two competing energy companies released divergent earnings results Friday. Executives at both companies have worked to transform their companies and reduce debt ...
Encana reports US$331M profit on earlier than expected 'production bounce'CanadianBusiness.com
Encana hikes production targets amid OPEC uncertaintyThe Globe and Mail
Encana Q2: 25% Sequential Margin Growth from Q1Oil & Gas 360
OilPrice.com -CBC.ca -The Motley Fool Canada -Community Financial News
all 107 news articles »
Author:
Posted: July 21, 2017, 9:52 pm

In Trump’s America, not everyone is anti-NAFTA

In Kansas and Missouri, 56 per cent of voters cast their ballots for Donald Trump. But many did so despite his virulent anti-trade views, not because of them
Author: ADRIAN MORROW
Posted: July 21, 2017, 9:13 pm

Willis: Selling public utilities is controversial but necessary

Utilities such as Fortis and Hydro One tap public markets to pay for projects
Author: ANDREW WILLIS
Posted: July 21, 2017, 9:09 pm

Scaramucci sorry for calling Trump a 'hack' with a 'big mouth' in 2015

Read full story for latest details.
Author:
Posted: July 21, 2017, 8:50 pm

New Canadian funds are offering ways to invest in bitcoin. Use caution

As tempting as investing in cryptocurrencies may be, you may want to engage in a bit of unencrypted skepticism before swapping your loonies for virtual tokens
Author: Ian McGugan
Posted: July 21, 2017, 8:42 pm

Tech giants spend record amounts on lobbying under Trump

The tech industry is spending big in President Trump's Washington.
Author:
Posted: July 21, 2017, 8:16 pm

The close: TSX falls as oil price slide weighs on energy stocks

GE drags Wall Street lower; S&P, Nasdaq rise for the week
Author: Tanya Agrawal and Alastair Sharp
Posted: July 21, 2017, 8:12 pm

One year after Roger Ailes' departure, Fox News thrives as an unabashed Trump booster

When Roger Ailes resigned from Fox News one year ago, critics questioned whether the network could stay dominant without its visionary founder.
Author:
Posted: July 21, 2017, 8:08 pm

Germany’s export surplus is more about politics than economics

Despite the vitality of the German economic engine, criticism of the country’s massive external surplus is mounting
Author: CLEMENS FUEST
Posted: July 21, 2017, 8:07 pm

Wells Fargo ordered to rehire whistleblower and pay $577,500 in back wages

A federal agency has ordered Wells Fargo to give a whistleblower her job back, along with $577,500 in back pay and damages.
Author:
Posted: July 21, 2017, 8:03 pm

Steve Jobs' life is now an opera

The life of Steve Jobs is headed for the opera.
Author:
Posted: July 21, 2017, 7:57 pm

Armstrong moon bag NASA lost sells for $1.8 million

Read full story for latest details.
Author:
Posted: July 21, 2017, 7:48 pm

Health scare leads to a walk and a fight against cancer

A health scare put things into perspective for Salima Virani
Author: Paul Waldie
Posted: July 21, 2017, 7:38 pm

Time to get selective about dividend equities, where the loonie will peak, and summer stock picks

A roundup of investment ideas for active investors
Author:
Posted: July 21, 2017, 7:37 pm

Sixteen marijuana companies enlist help to develop marketing guidelines

The marijuana sector has been lobbying Ottawa for the right to brand their products
Author: Alexandra Posadzki
Posted: July 21, 2017, 7:32 pm

Calendar: What investors need to know for the week ahead

A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead
Author:
Posted: July 21, 2017, 7:10 pm

JetBlue considers new JFK terminal

JetBlue Airways might build a new terminal at New York City's much maligned John F. Kennedy airport.
Author:
Posted: July 21, 2017, 7:10 pm

Sean Spicer's resignation may mean the end of Melissa McCarthy's 'SNL' character

Sean Spicer's resignation Friday doesn't just mean the end of his time as White House press secretary. It also likely means the end of one of the all-time great "Saturday Night Live" impersonations: Melissa McCarthy's Sean "Spicy" Spicer.
Author:
Posted: July 21, 2017, 7:06 pm

Why you should see 'Dunkirk' in 70mm

Christopher Nolan's critically acclaimed "Dunkirk" is the latest film to use an old piece of Hollywood technology: 70 millimeter film.
Author:
Posted: July 21, 2017, 6:07 pm

FedEx Office stores closing in Canada at the cost of 214 jobs - CTV News


CTV News

FedEx Office stores closing in Canada at the cost of 214 jobs
CTV News
TORONTO -- Shipping giant FedEx is closing its FedEx Office stores in Canada after 32 years in the country. Spokeswoman Stacey Sullivan says FedEx Office will close its 24 stores, a manufacturing plant in Markham, Ont., and its head office in Toronto.
FedEx closing all retail office stores in CanadaCBC.ca
FedEx Canada set to close all retail office locations, more than 200 layoffs expectedGlobalnews.ca
FedEx closing all Office Print and Ship Centres in CanadaNews1130
BlackburnNews.com -570 News -insauga.com -The Loop (blog)
all 12 news articles »
Author:
Posted: July 21, 2017, 6:06 pm

Will stocks plunge if Trump's tax plan implodes? Maybe not

The post-election rally on Wall Street, often referred to as the Trump rally, may not actually need the Trump agenda to survive.
Author:
Posted: July 21, 2017, 5:38 pm

FedEx Office stores closing in Canada

Move will cost 214 jobs, but won’t affect FedEx’s shipping businesses in the country
Author: TORONTO
Posted: July 21, 2017, 5:33 pm

This credit card offers great rewards ... if you spend $7,500

What would you buy with $7,500?
Author:
Posted: July 21, 2017, 4:49 pm

At midday: TSX falls, greenback hits year-low

Loonie rises, nearing the 80 cents (U.S.) mark
Author:
Posted: July 21, 2017, 4:29 pm

MoneySuperMarket fined for sending seven million unwanted emails

The price comparison website sent seven million emails to people who had opted out of receiving messages.
Author:
Posted: July 21, 2017, 4:27 pm

Car buying pushes retail sales up for third month in a row in May

Stock car dealer lot

Strong auto sector activity helped Canadian retail sales activity rise for a third straight month in May, climbing by 0.6 per cent to $48.9 billion, Statistics Canada said Friday.

Author:
Posted: July 21, 2017, 4:26 pm

Paysafe shares jump on bid approach

The FTSE 100 loses ground but Paysafe shares leap on news of a £2.9bn takeover offer.
Author:
Posted: July 21, 2017, 4:10 pm

What’s behind the tech industry’s toxic masculinity problem? Inside the Valley of the Bros

As new tales emerge of the high-tech world’s toxic masculinity, Tamsin McMahon reports on the men behind the machismo, the women fighting back, and what it all may mean for the economy, and the workplace, of the future
Author: TAMSIN McMAHON
Posted: July 21, 2017, 4:02 pm

FedEx closing all retail office stores in Canada

FedEx Office

Shipping giant FedEx is set to close office retail stores in Canada putting 214 employees in three provinces out of work

Author:
Posted: July 21, 2017, 3:49 pm

Ford to petition to avoid recall of 2.5 million vehicles with Takata air bags

Cars contain Takata air-bag inflators that supplier declared defective
Author: David Shepardson
Posted: July 21, 2017, 3:48 pm

Toronto house sales continue to slide

Sales data for the first two weeks of July show a 39-per-cent drop in home sales in the Greater Toronto Area compared to the same two-week period last year
Author: JANET McFARLAND
Posted: July 21, 2017, 3:33 pm

China will import American rice for the first time

Read full story for latest details.
Author:
Posted: July 21, 2017, 3:22 pm

Bank of America picks Dublin for EU hub

It becomes the first US bank to confirm the Irish capital as its preferred site for post-Brexit operations.
Author:
Posted: July 21, 2017, 3:15 pm

Lyft accelerates efforts to build self-driving car with new unit

Lyft’s engineers with collaborate with autonomous vehicle experts from other companies to build self-driving systems
Author: Heather Somerville
Posted: July 21, 2017, 3:13 pm

Self-professed 'Netflix of sports' app DAZN launches in Canada with all NFL games

DAZN

Streaming video service DAZN is set to launch in Canada and will offer subscribers the ability to watch every NFL game this coming season without the need of a television subscription.

Author:
Posted: July 21, 2017, 3:05 pm