Open this photo in the gallery: Earlier in July, Rogers offered to provide start-up packages for employees in certain areas of the business if they decided to leave the company.Sean Kilpatrick / The Canadian Press About 1,200 employees have left Rogers Communications Inc. RCI-B-t as part of a voluntary staff layoff program launched to eliminate … Read more
Elon Musk put so much of his wealth into X.com he had only $ 4 million in the world. This wasn’t the 21st century X.com. this was 1999, the peak of the dotcom boom. Musk had just sold his first startup, a city guide website called zip2 — pc maker Compaq loved it for its … Read more
Get all the essential market news and expert opinions in one place with our daily newsletter. Get a comprehensive overview of the day’s top stories straight to your inbox. Register here! After treading water for much of the week and taking the Fed’s 25 basis point growth in stride, gold sold sharply … Read more
But the even better news is that fast DC charging with a NACS connector is about to get a big jump in power output. Currently, Tesla Superchargers produce 250 kilowatts of electricity-that’s enough to charge the Model 3 from 10% to 80% in about 25 minutes. The new JV charger will supply even more juice … Read more
OTTAPORA – The Canadian economy grew by 0.3 percent in May, despite downward pressure from wildfire-hit oil and gas production, but appears to have slowed in June, Statistics Canada said on Friday. In its latest economic growth report, the federal agency’s preliminary estimate suggests that real gross domestic product grew at an annualized … Read more
Open this photo in the gallery: The headquarters of Laurentian Bank is seen on Tuesday, April 5, 2022 in Montreal.Ryan Remiorz / The Canadian Press The share price of Canada’s Laurentian Bank slumped early Friday after a falling group of buy-back contenders prompted analysts to lower their expectations for a sell-off. Laurentian’s share price fell … Read more
Lobla Finance Companies Ltd. it appears to be taking efforts to defend its brand against accusations of profiteering from higher prices, but experts say the communications moves may be “too little, too late,” now more than a year into growing customer frustration with high grocery costs. In an earnings announcement on Wednesday, the company noted … Read more
Open this photo in the gallery: Customers shop at a store in Vernon Hills, Ill. on June 12th.Nam Y. Huh / Associated Press Signs that inflation pressures in the United States are steadily easing emerged on Friday in reports that consumer prices rose in June at their slowest pace in more than two years and … Read more
Get all the essential market news and expert opinions in one place with our daily newsletter. Get a comprehensive overview of the day’s top stories straight to your inbox. Register here! Gold prices are moderately higher and silver prices only slightly higher at the start of trading in the US on … Read more
BANGKOK (AP) — Asian shares were mixed Friday after the Bank of Japan adjusted its bond-buying policy but kept the negative interest rate unchanged. Tokyo and Sydney moved while Hong Kong and Shanghai Advanced. U.S. futures were lower and oil prices fell. Japan’s central bank chose to keep its interest rate at minus 0.1%, but … Read more
Amid a summer plagued by ferry cancellations, delays and long waits, a trucking company says a BC Ferries Freight trade policy is making matters worse. The program, known as the” drop trailer service”, allows some commercial operators to drop their truck trailers at a BC Ferries terminal. BC Ferries workers then load the trailer onto … Read more
Today the Federal Reserve wrapped up its fomc meeting in July leaving just three meetings left this year. As expected, the Federal Reserve raised rates by Yankee % by bringing its benchmark terminal rate to between 5siban % and 5ympanum%, no wonder there. This brought the fed Funds rate (which is used to set … Read more