Business
Toronto Star parent company names new CEO, newspaper ‘parting ways’ with ex-president
By The Canadian Press on November 25th, 2022
TORONTO – Torstar Corp. says Neil Oliver will become the new chief executive of the Toronto Star newspaper’s parent company. Torstar spokesperson Bob Hepburn confirmed the appointment of the Metroland newspaper group president in an email to The Canadian Press. He adds that the company has “parted ways” with Marina Glogovac, who joined the Star ... Read More »
1 responseAlberta’s famous ‘wage premium’ rapidly eroding, experts say
By The Canadian Press on November 25th, 2022
CALGARY – Experts say Alberta businesses are poised to face a reckoning on wages next year because the province has not kept up with the rest of the country when it comes to wage increases. For years, Alberta workers have been the highest paid in the country thanks to the province’s lucrative oil and gas ... Read More »
Be the first to comment!New this week: ‘Riches,’ Robert Downey Sr. and BTS’ RM
By The Associated Press on November 25th, 2022
Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week. MOVIES – Robert Downey Jr. affectionately pays tribute to this late father, Robert Downey Sr. in “Sr.,” an intimate documentary the younger Downey spent three years filming with his dad ... Read More »
Be the first to comment!S&P/TSX composite up more than 100 points, U.S. markets mixed
By The Canadian Press on November 25th, 2022
TORONTO – Canada’s main stock index was up in late-morning trading amid gains in the industrials, financial and battery metals sectors, while U.S. stock markets were mixed upon reopening following the Thanksgiving holiday closure. The S&P/TSX composite index was up 101.58 points at 20,445.65. In New York, the Dow Jones industrial average was up 160.78 ... Read More »
Be the first to comment!Global movement pushing Amazon for better wages to reach Quebec facilities
By The Canadian Press on November 25th, 2022
LACHINE, Que. – Former Amazon.com Inc. workers and labour organizers will visit some of the e-commerce giant’s Quebec locations today as part of a global movement urging the company to stop “squeezing” workers, communities and the planet. Mostafa Henaway, a former Amazon worker and labour activist with the Immigrant Workers Center, says he and others ... Read More »
Be the first to comment!Federal government posts $1.7 billion surplus for April to September period
By The Canadian Press on November 25th, 2022
OTTAWA – The federal government posted a surplus of $1.7 billion during the first six months of the 2022-23 fiscal year. In its monthly fiscal monitor, the finance department says the surplus between April and September compares to a deficit of $68.6 billion reported for the same period last year. Compared to the same period ... Read More »
Be the first to comment!Adidas investigates after ex-workers allege Ye misconduct
By The Associated Press on November 25th, 2022
LONDON (AP) – Adidas says it is investigating allegations of inappropriate workplace conduct by the rapper formerly known as Kanye West that ex-employees made in an anonymous letter also accusing the German sportswear brand of looking the other way. Adidas, which made his Yeezy line, cut ties with Ye last month over his offensive and ... Read More »
Be the first to comment!Black Friday off to quiet start in stores as deals spread out, offers matched online
By Brett Bundale, The Canadian Press on November 25th, 2022
Shoppers are out deal hunting this Black Friday despite decades-high inflation and rising interest rates. Retailers have increasingly stretched deals over several weeks and offered similar discounts online, taking some of the urgency out of the early morning shopping trips. “We’re seeing a dilution of Black Friday as a physical shopping event where you go ... Read More »
Be the first to comment!Musk plans to relaunch Twitter premium service, again
By Kelvin Chan, The Associated Press on November 25th, 2022
LONDON (AP) – Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different colored check marks to accounts next week, in a fresh move to revamp the service after a previous attempt backfired. It’s the latest change to the social media platform that the billionaire Tesla CEO bought last ... Read More »
Be the first to comment!Inflation hovers over shoppers heading into Black Friday
By Anne D'innocenzio, The Associated Press on November 25th, 2022
NEW YORK (AP) – Shoppers returned to familiar holiday shopping patterns but were weighed down by inflation this Black Friday after two seasons marked by pandemic worries and supply issues. Due to elevated prices for food, rent, gasoline and other household costs, many were reluctant to spend unless there was a big sale. Shoppers were ... Read More »
Be the first to comment!Black Friday off to quiet start as deals spread over weeks, offers matched online
By The Canadian Press on November 25th, 2022
TORONTO – Black Friday is off to a quiet start at some stores in Canada, with fewer pre-dawn lineups that once epitomized the spending event. Retailers have increasingly stretched deals over several weeks and offered similar discounts online, taking some of the urgency out of the early morning shopping trips. Retail analyst Bruce Winder says ... Read More »
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