Business
Musk polls Twitter users about whether he should step down
By Matt O'brien And Brian P. D. Hannon, The Associated Press on December 18th, 2022
Elon Musk is asking Twitter’s users to decide if he should stay in charge of the social media platform after acknowledging he made a mistake Sunday in launching new speech restrictions that sought to ban mentions of rival social media platforms. In yet another drastic policy change, Twitter had announced that users will no longer ... Read More »
1 responsePaid-by-the-page ebook subscription model a boon for genre writers
By Nicole Thompson, The Canadian Press on December 18th, 2022
Though her knitwear patterns had previously been published in books and magazines, Reagan Davis was ready to spin a different kind of yarn. A longtime fan of the cozy mystery – wholesome whodunits more in the vein of Agatha Christie than John Grisham – the Ontario-based Davis decided to self-publish the first three books in ... Read More »
1 responseNon-alcoholic beer, wine and spirits on the rise as demand grows
By Rosa Saba, The Canadian Press on December 18th, 2022
With the holiday season in full swing and “Dry January” around the corner, Canadians who don’t drink alcohol or want to cut back may find more options on menus and store shelves. Beer giants are launching non-alcoholic brews, specialty producers are creating innovative alternatives to spirits and those in the industry say it’s becoming more ... Read More »
1 responseAs politicians played inflation blame game in 2022, what really drove rising prices?
By Nojoud Al Mallees, The Canadian Press on December 17th, 2022
OTTAWA – Some called it “Justinflation.” Others called it “greedflation.” But reality might be a lot less catchy than the wordplay that has taken off in Canadian politics this year. After enjoying decades of a relatively low and stable inflation rate, Canadians spent 2022 grappling with the highest levels of inflation seen in nearly 40 ... Read More »
1 responseFriendly rivals: with EV tensions in past, Canada poised to compete with biggest ally
By James McCarten, The Canadian Press on December 17th, 2022
WASHINGTON – Friends, partners, allies – and rivals. With cross-border auto tensions now in the rear-view mirror, Prime Minister Justin Trudeau is talking about Canada’s next big bilateral challenge: head-to-head economic competition with the United States. From a Canadian perspective, the first two years of President Joe Biden’s term were all about countering a persistent ... Read More »
1 responsealpha brand Plant-Based Breakfast Sandwich recalled over undeclared milk
By The Canadian Press on December 16th, 2022
The Canadian Food Inspection Agency has issued a recall for alpha brand Plant-Based Breakfast Sandwich — meatless sausage because the product contains milk that is not listed on the label. The sandwich was sold in 156g packages across Canada. The recall was triggered by Canadian Food Inspection Agency test results. The agency says further recalls ... Read More »
1 responseSuncor faces charges related to injury of offshore Nfld. worker: regulator
By The Canadian Press on December 16th, 2022
ST. JOHN’S, N.L. – Newfoundland and Labrador’s offshore oil and gas regulator says it has laid charges against Suncor Energy Inc. for alleged offenses related to the injury of a worker on the company’s Terra Nova offshore platform. The Canada-Newfoundland and Labrador Offshore Petroleum Board says the charges are related to the injury of a ... Read More »
1 responseS&P/TSX composite slides again as hopes for ‘Santa Claus rally’ fade
By The Canadian Press on December 16th, 2022
TORONTO – Investor hopes for a “Santa Claus rally” this December were dampened yet again Friday, as broad-based declines capped a week of losses on North American markets. The S&P/TSX composite index was down 157.35 points at 19,443.28. In New York, the Dow Jones industrial average was down 281.76 points at 32,920.46. The S&P 500 ... Read More »
1 responseWall Street loses ground, marking 2nd straight weekly loss
By Damian J. Troise And Alex Veiga, The Associated Press on December 16th, 2022
NEW YORK – Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to get inflation under control. The S&P 500 fell 1.1% Friday, closing out its second straight weekly loss. The Dow and the Nasdaq ... Read More »
1 responseCourt case against ex-CannTrust leaders should prompt OSC ‘soul-searching’: experts
By The Canadian Press on December 16th, 2022
TORONTO – Legal experts say the Thursday acquittal of three former cannabis executives should prompt the Ontario Securities Commission to do some “deep soul searching.” Doug Sarro, a lawyer and adjunct professor at the University of Toronto, says the high-profile case against the ex-CannTrust Holdings Inc. executives was supposed to change the perception of the ... Read More »
1 responseOntario and British Columbia headed for a buyer’s market, RBC says
By The Canadian Press on December 16th, 2022
TORONTO – A new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. The report by RBC says those purchasing real estate in Ontario and B.C. in 2023 will hold a stronger hand as conditions in these provinces continue to favour buyers as ... Read More »
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