July 18th, 2018

Business

Luxury tents, gourmet meals redefine camping on NYC island

By Deepti Hajela, The Associated Press on July 6th, 2018

NEW YORK – Just imagine it, a luxurious room on an island, with chef-prepared meals and a view of the Statue of Liberty and the Manhattan skyline. Hotel? Not exactly. It’s actually a campground of high-end tents on New York City’s Governors Island, the latest outpost for glamping, or glamorous camping. Rates that can run ... Read More »

Be the first to comment!

Tech and energy sectors help lift Toronto stocks, while U.S. markets climb

By The Canadian Press on July 6th, 2018

TORONTO – The energy and technology sectors helped lift Canada’s main stock index in late-morning trading, while U.S. markets also climbed higher. The S&P/TSX composite index was up 46.43 points to 16,313.04, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 97.89 points to 24,454.63. The S&P 500 index ... Read More »

Be the first to comment!

Hudson’s Bay in joint-venture talks with European retailer Signa Holding

By The Canadian Press on July 6th, 2018

TORONTO – Hudson’s Bay Co. says it is in talks with European retailer Signa Holding GmbH regarding a potential joint venture. The Canadian retailer says it has signed a non-binding letter of intent with respect to the exploration of the idea. The retailer made the comments following reports of a possible deal between the two ... Read More »

Be the first to comment!

US adds a solid 213,000 jobs; unemployment up to 4 pct.

By Josh Boak, The Associated Press on July 6th, 2018

WASHINGTON – U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs in a sign of confidence despite the start of a potentially punishing trade war with China. At the same time, the unemployment rate rose to 4 per cent from 3.8 per cent, the government said Friday, as more people ... Read More »

Be the first to comment!

Toxic tanneries polluting again at new Bangladesh site

By Julhas Alam And Martha Mendoza, The Associated Press on July 6th, 2018

SAVAR, Bangladesh – Bangladesh tanneries prepping leather for shoes, belts, wallets and purses are dumping toxic chemicals into a river at a new industrial complex more than a year after the government shut them down for poisoning a different river and using child labour. “It’s killing the river. The colour of the water has changed,” ... Read More »

Be the first to comment!

National employment numbers for June from Statistics Canada, at a glance

By The Canadian Press on July 6th, 2018

OTTAWA – A quick look at June employment (numbers from the previous month in brackets): Unemployment rate: 6.0 per cent (5.8) Employment rate: 61.5 per cent (61.5) Participation rate: 65.5 per cent (65.3) Number unemployed: 1,195,300 (1,151,600) Number working: 18,628,000 (18,596,200) Youth (15-24 years) unemployment rate: 11.7 per cent (11.1) Men (25 plus) unemployment rate: ... Read More »

Be the first to comment!

Hudson’s Bay Co in joint-venture talks with European retailer Signa Holding

By The Canadian Press on July 6th, 2018

TORONTO – Hudson’s Bay Co. says it is in talks with European retailer Signa Holding GmbH regarding a potential joint venture. The Canadian retailer says it has signed a non-binding letter of intent with respect to the exploration of the idea. The retailer made the comments following reports of a possible deal between the two ... Read More »

Be the first to comment!

Here’s a quick glance at unemployment rates for June, by province

By The Canadian Press on July 6th, 2018

OTTAWA – Canada’s national unemployment rate was 6.0 per cent in June. Here are the jobless rates last month by province (numbers from the previous month in brackets): – Newfoundland and Labrador per cent 15.5 (14.5) – Prince Edward Island 8.9 (9.3) – Nova Scotia 7.9 (7.2) – New Brunswick 7.5 (7.3) – Quebec 5.4 ... Read More »

Be the first to comment!

Here’s a quick glance at unemployment rates for June, by Canadian city

By The Canadian Press on July 6th, 2018

OTTAWA – The national unemployment rate was 6.0 per cent in June. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the ... Read More »

Be the first to comment!

Economy adds 31,800 jobs in June, unemployment rate rises to 6.0%

By The Canadian Press on July 6th, 2018

OTTAWA – A healthy gain of 31,800 jobs last month wasn’t enough to keep Canada’s unemployment rate from rising to six per cent as more people searched for work. Statistics Canada’s latest labour force survey showed the jobless rate for June increased from 5.8 per cent in May to break the six per cent barrier ... Read More »

Be the first to comment!