Business
Twitter removes policy against deadnaming transgender people
By Barbara Ortutay, The Associated Press on April 19th, 2023
SAN FRANCISCO (AP) – Twitter has quietly removed a policy against the “targeted misgendering or deadnaming of transgender individuals,” raising concerns that the Elon Musk-owned platform is becoming less safe for marginalized groups. Twitter enacted the policy against deadnaming, or using a transgender person’s name before they transitioned, as well as purposefully using the wrong ... Read More »
Be the first to comment!Tech companies shouldn’t be labelling media companies in ad hoc way: academic
By The Canadian Press on April 19th, 2023
TORONTO – One academic says it’s “terrible” to have tech companies labelling media accounts in the ad hoc and reactionary way Twitter has recently. Sara Grimes says public- and government-funded classifications like Twitter gave the BBC and CBC are only valid and helpful, when they are based on an informed process. The director of the ... Read More »
Be the first to comment!CMHC reports annual pace of housing starts in Canada slowed in March
By The Canadian Press on April 19th, 2023
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in March fell 11 per cent compared with February. The national housing agency says the seasonally adjusted annual rate of housing starts in March came in at 213,865 units, down from 240,927 in February. The drop came as the annual rate ... Read More »
Be the first to comment!Grocery retailer Metro reports Q2 profits up 10% from year ago, as sales rise
By The Canadian Press on April 19th, 2023
MONTREAL – Metro Inc. says it earned $218.8 million in its latest quarter, up from $198.1 million in the same quarter last year, as its sales rose 6.6 per cent. The grocery and drugstore retailer says the profit amounted to 93 cents per diluted share for the 12-week period ended March 11, up from 82 ... Read More »
Be the first to comment!Glencore open to improving Teck offer, but shareholders must reject plan to split
By The Canadian Press on April 19th, 2023
VANCOUVER – Glencore says it is willing to consider making improvements to its offer to acquire Teck Resources Ltd., but the Swiss company says shareholders of the Canadian miner must first reject a plan to separate its base metals and steelmaking coal businesses. In an open letter to Teck shareholders, Glencore CEO Gary Nagle says ... Read More »
Be the first to comment!Competition Ltd.: Why big banks dominate Canada’s financial landscape
By Ian Bickis, The Canadian Press on April 19th, 2023
TORONTO – Whether you’re catching a flight, opening a new bank account or picking up groceries, a small group of big names takes up most of the market share. Competition Ltd. is a Canadian Press series that explores what this means for products – and prices – in the country. – – – At the ... Read More »
Be the first to comment!‘Slap in the face’: Freeland’s Disney Plus comment made her a villain, records show
By Sarah Ritchie, The Canadian Press on April 19th, 2023
OTTAWA – Once upon a time, Chrystia Freeland attempted to relate to Canadians’ cost-of-living concerns with a personal anecdote – and it didn’t produce a fairy-tale ending. “I personally, as a mother and wife, look carefully at my credit card bill once a month, and last Sunday I said to the kids, ‘You’re older now. ... Read More »
Be the first to comment!Fox, Dominion reach $787M settlement over election claims
By David Bauder, Randall Chase And Geoff Mulvihill, The Associated Press on April 18th, 2023
WILMINGTON, Del. (AP) – Fox and Dominion Voting Systems reached a $787 million settlement Tuesday in the voting machine company’s defamation lawsuit, averting a trial in a case that exposed how the top-rated network chased viewers by promoting lies about the 2020 presidential election. “The truth matters. Lies have consequences,” Dominion lawyer Justin Nelson said ... Read More »
Be the first to comment!S&P/TSX composite ticks upward Tuesday, U.S. markets mixed
By The Canadian Press on April 18th, 2023
TORONTO – Canada’s main stock index ticked upward Tuesday with varying results across sectors, while U.S. markets were mixed. The S&P/TSX composite index was up 42.71 points at 20,684.68. In New York, the Dow Jones industrial average was down 10.55 points at 33,976.63. The S&P 500 index was up 3.55 points at 4,154.87, while the ... Read More »
Be the first to comment!Fox, Dominion reach settlement over false election claims
By David Bauder, Randall Chase And Geoff Mulvihill, The Associated Press on April 18th, 2023
WILMINGTON, Del. (AP) – Fox and Dominion Voting Systems reached a settlement Tuesday in the voting machine company’s defamation lawsuit, averting a trial in a case that exposed how the top-rated network chased viewers by promoting lies about the 2020 presidential election. The terms of the settlement were not immediately clear. Dominion had asked for ... Read More »
Be the first to comment!Stock market today: S&P 500 posts slight gain, Dow flat
By Stan Choe, The Associated Press on April 18th, 2023
NEW YORK (AP) – U.S. stock indexes are closing little changed on Wall Street following a mixed set of earnings results from big companies. The S&P 500 rose 0.1% Tuesday after drifting between small gains and losses throughout the day. The Dow and Nasdaq barely moved. Lockheed Martin rose after reporting a bigger profit than ... Read More »
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