Business
Canadian Press NewsAlert: Smith Financial signs deal to buy Home Capital Group
By The Canadian Press on November 21st, 2022
TORONTO – Home Capital Group Inc. has signed deal to be acquired by Smith Financial Corp. that values the company at $1.7 billion. More coming. Companies in this story: (TSX:HCG)... Read More »
1 responseToys will be ‘shining star’ of lacklustre holiday shopping season: experts
By Brett Bundale, The Canadian Press on November 20th, 2022
It’s the most resilient holiday spending category: Toys. But even toy stores are expected to feel the fallout from inflation during the biggest shopping season of the year. “Holiday spending is going to be muted,” retail analyst Bruce Winder said. “But toys are the last thing you cut back on if you have kids. You ... Read More »
5 responsesReality TV stars Todd and Julie Chrisley to be sentenced
By Kate Brumback, The Associated Press on November 20th, 2022
ATLANTA (AP) – Todd and Julie Chrisley were driven by greed as they engaged in an extensive bank fraud scheme and then hid their wealth from tax authorities while flaunting their lavish lifestyle, federal prosecutors said, arguing the reality television stars should receive lengthy prison sentences. The Chrisleys gained fame with their show “Chrisley Knows ... Read More »
4 responsesMusk restores Trump’s Twitter account after online poll
By Alex Veiga, The Associated Press on November 19th, 2022
LOS ANGELES (AP) – Elon Musk reinstated Donald Trump’s account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the announcement in ... Read More »
3 responsesMusk to restore Trump to Twitter after holding online poll
By Alex Veiga, The Associated Press on November 19th, 2022
LOS ANGELES (AP) – Elon Musk said Saturday he will reinstate Donald Trump’s account on Twitter, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the ... Read More »
3 responsesCollection of love letters written by Dylan sold for $670K
By The Associated Press on November 19th, 2022
BOSTON (AP) – A collection of touching and sometimes prescient personal letters written by a young Bob Dylan to a high school girlfriend has been sold at auction to a renowned Portuguese bookshop for nearly $670,000. The Livraria Lello in Porto, Portugal, which bills itself as “the World’s Most Beautiful Bookshop,” plans to keep the ... Read More »
3 responsesHere’s how Canada stacks up against other countries when it comes to high inflation
By Nojoud Al Mallees, The Canadian Press on November 19th, 2022
OTTAWA – Decades-high inflation has Canadians worried about the rising cost of living, but as gloomy as things may seem, Canada appears to be faring better than many other major economies. Its national inflation rate is still lower than that of the United States, the European Union and the United Kingdom – whose year-over-year inflation ... Read More »
4 responsesAsia-Pacific leaders condemn war, renew calls for open trade
By Krutika Pathi And Elaine Kurtenbach, The Associated Press on November 18th, 2022
BANGKOK (AP) – Leaders from around the Asia-Pacific called for an end to Russia’s war on Ukraine and pledged to steer the region’s economies toward sustainable growth as they wrapped up summit meetings Saturday. Host Thailand garnered a diplomatic coup in managing to bridge divisions among the 21 members of the Asia-Pacific Economic Cooperation forum ... Read More »
Be the first to comment!Elizabeth Holmes gets more than 11 years for Theranos scam
By Michael Liedtke, The Associated Press on November 18th, 2022
Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit. The sentence imposed by U.S. District Judge Edward Davila was shorter than the ... Read More »
3 responsesHolmes gets more than 11 years in prison for Theranos scam
By Michael Liedtke, The Associated Press on November 18th, 2022
A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley’s culture of audacious self-promotion. The sentence imposed by U.S. District Judge Edward Davila was shorter ... Read More »
3 responsesNew this week: Lizzo, ‘Criminal Minds’ and ‘The Woman King’
By The Associated Press on November 18th, 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 – When the Mars Rover Opportunity, nicknamed Oppy, launched in 2003, it was only supposed to last 90 sols (or Mars days). But 15 years later it was still ... Read More »
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