Business
Canadian National Railway Co. releases new Indigenous relations policy
By The Canadian Press on March 26th, 2024
MONTREAL – Canadian National Railway Co. has released a new Indigenous relations policy for the railway. CN chief legal officer Olivier Chouc says by acknowledging its past and embracing its responsibilities, the railway is laying a stronger foundation to continue to develop respectful, sustainable, and mutually beneficial relationships. The policy includes principles on cultural awareness ... Read More »
Be the first to comment!US consumers remain confident, but their feelings about the near future are a bit more cloudy
By Matt Ott, The Associated Press on March 26th, 2024
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February. The index measures both Americans’ assessment of ... Read More »
Be the first to comment!US consumers remain confident, but their feelings about the near future is a bit more cloudy
By Matt Ott, The Associated Press on March 26th, 2024
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February. The index measures both Americans’ assessment of ... Read More »
Be the first to comment!US consumer confidence holds steady even as high prices weigh on household budgets
By Matt Ott, The Associated Press on March 26th, 2024
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February. The index measures both Americans’ assessment of ... Read More »
Be the first to comment!Luxury parka maker Canada Goose laying off 17% of staff
By The Canadian Press on March 26th, 2024
TORONTO – Canada Goose Holdings Inc. says it is laying off 17 per cent of its global corporate workforce. In a LinkedIn note from CEO Dani Reiss, the luxury parka maker says the job cuts are meant to put the company in a better position for scaling. He says the Toronto-based business will now be ... Read More »
Be the first to comment!Financial mythbusting 101: Don’t get stuck on financial advice that doesn’t ring true
By Ritika Dubey, The Canadian Press on March 26th, 2024
TORONTO – Finance tips and advice that worked decades ago aren’t always relevant in today’s day and age. Still, well-meaning friends and family often recycle the same information for younger generations – only for them to find out the hard way the advice might be inaccurate. Financial experts say they encounter myths every day in ... Read More »
Be the first to comment!Stock market today: Wall Street opens higher, edging back toward records
By Yuri Kageyama And Matt Ott, The Associated Press on March 26th, 2024
NEW YORK (AP) – Stocks are opening higher on Wall Street. The S&P 500 rose 0.3% early Tuesday, coming off a listless performance where it edged a bit further from its all-time high set last week. The Dow Jones Industrial Average edged up 48 points, and the Nasdaq composite was up 0.5%. Krispy Kreme soared ... Read More »
Be the first to comment!Trump’s social media company soars 40% in its first day of trading on Nasdaq
By The Associated Press on March 26th, 2024
NEW YORK (AP) – Shares of Donald Trump’s social media company jumped 40% in the first day of trading on the Nasdaq, boosting the value of the former president’s large stake in the company in the process. Trump Media & Technology Group runs the social media platform Truth Social. Before trading began, Trump Media had ... Read More »
Be the first to comment!Parkland puts 157 convenience store and fuel station locations up for sale
By The Canadian Press on March 26th, 2024
CALGARY – Parkland Corp. is looking to sell 157 convenience store and fuel station locations across six provinces. The company says the assets up for sale include locations under the Chevron, Ultramar, Pioneer and FasGas brands as well as the On the Run convenience store banner. The bulk of the stations are in Quebec and ... Read More »
Be the first to comment!Need to improve Canadian productivity has reached emergency level, BoC official says
By The Canadian Press on March 26th, 2024
HALIFAX – A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, senior deputy governor Carolyn Rogers says an economy with low productivity can only ... Read More »
Be the first to comment!UK court says Assange can’t be extradited on espionage charges until US rules out death penalty
By Sylvia Hui And Jill Lawless, The Associated Press on March 26th, 2024
LONDON (AP) – A British court ruled Tuesday that Julian Assange can’t be extradited to the United States on espionage charges unless U.S. authorities guarantee he won’t get the death penalty, giving the WikiLeaks founder a partial victory in his long legal battle over the site’s publication of classified American documents. Two High Court judges ... Read More »
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