Business
Apple, Google partner to combat creepy tracking tactics
By The Associated Press on May 2nd, 2023
SAN FRANCISCO (AP) – Apple and Google are teaming up to thwart unwanted tracking through Bluetooth devices that were created to help people find lost keys, keep tabs on luggage or to locate other things that have a tendency to be misplaced or lost. The two companies behind the iPhone and the software that powers ... Read More »
Be the first to comment!Canadian Pacific hit with violation notice after derailment in Maine
By Christopher Reynolds, The Canadian Press on May 2nd, 2023
MONTREAL – State authorities in Maine have hit Canadian Pacific Kansas City Ltd. with a violation notice over fallout from its cleanup efforts after a freight train went off the tracks last month. Officials sent a notice of violation to the railway after heavy construction equipment deployed to access the crash site caused a “significant ... Read More »
Be the first to comment!Public employees’ remote work agreement just the beginning: labour expert
By The Canadian Press on May 2nd, 2023
A labour expert says the agreement on remote work between public sector workers and the federal government could set the stage for future union negotiations. Armine Yalnizyan, an economist and the Atkinson Fellow on the Future of Workers, says we are entering a brand-new phase of what gets discussed in labour negotiations in the wake ... Read More »
Be the first to comment!Hollywood writers begin strike, late-night shows go dark
By Jake Coyle, The Associated Press on May 2nd, 2023
NEW YORK (AP) – Late-night TV shows including “The Tonight Show” and “The Daily Show” will begin airing reruns as unionized writers soured by Hollywood’s low pay in the streaming era went on strike Tuesday for the first time in 15 years. The labor dispute could have a cascading effect on TV and film productions ... Read More »
Be the first to comment!Tim Hortons posts double-digit bump in sales as menu expands beyond double doubles
By Brett Bundale, The Canadian Press on May 2nd, 2023
Tim Hortons restaurants in Canada kicked off the year with a double-digit increase in sales, fuelled by higher customer traffic and faster service at the coffee and doughnut chain, its parent company said on Tuesday. Restaurant Brands International Inc. reported a first-quarter profit of US$277 million, up from US$270 million a year earlier, as its ... Read More »
Be the first to comment!HSBC expects later close of Canadian division sale to RBC
By The Canadian Press on May 2nd, 2023
VANCOUVER – HSBC Holdings plc says the sale of its Canadian division to Royal Bank of Canada is going to take longer than first expected, but that the deal remains a key priority. London-based HSBC says it now expects to complete the $13.5-billion transaction in the first quarter of 2024, rather than late this year ... Read More »
Be the first to comment!Osisko signs 50-50 joint-venture deal with Gold Fields to develop Windfall project
By The Canadian Press on May 2nd, 2023
TORONTO – Osisko Mining Inc. has signed a deal to form a 50-50 joint venture with South African company Gold Fields Ltd. to develop the Windfall gold project in Quebec. Under the agreement, Gold Fields will make a $300-million initial cash payment to Osisko plus an additional payment of $300 million on issuance of the ... Read More »
Be the first to comment!S&P/TSX composite down more than 300 points, U.S. markets also lower
By The Canadian Press on May 2nd, 2023
TORONTO – Canada’s main stock index plunged more than 300 points in a broad-based decline led by the energy and base metal stocks, while U.S. stock markets also fell in late-morning trading. The S&P/TSX composite index was down 308.09 points at 20,307.01. In New York, the Dow Jones industrial average was down 578.08 points at ... Read More »
Be the first to comment!Vancouver’s April home sales down 16.5% from a year ago: board
By The Canadian Press on May 2nd, 2023
VANCOUVER – The Real Estate Board of Greater Vancouver says April home sales slid 16.5 per cent from a year ago as new listings remained below historical norms. The B.C. board says sales for the month totalled 2,741, almost 16 per cent below the 10-year seasonal average. The composite benchmark price for all residential properties ... Read More »
Be the first to comment!CPKC railway hit with violation notice after derailment in Maine
By The Canadian Press on May 2nd, 2023
MONTREAL – State authorities in Maine have hit Canadian Pacific Kansas City Ltd. with a violation notice over fallout from its cleanup efforts after a freight train went off the tracks last month. On April 15, a CPKC train hit a track washout in a wooded area near Moosehead Lake in northwestern Maine, some 220 ... Read More »
Be the first to comment!Stock exchange operator TMX Group reports Q1 revenue hits record $299.1M
By The Canadian Press on May 2nd, 2023
TORONTO – TMX Group Ltd. reported a profit of $89.0 million attributable to shareholders in its first quarter as its revenue rose four per cent to hit a record $299.1 million. The operator of the Toronto Stock Exchange says its revenue for the quarter was up from $287.4 million in the same quarter last year. ... Read More »
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