sales

Heat pump sales have never been hotter-and they’re putting demand for AC On Ice / CBC Neambs

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A woman stands in front of her one-story brick house.

Luise Cox is upgrading her 1960s bungalow in Mississauga, Ont., this week tearing and pulling the old air conditioner and natural gas furnace. Instead, crews are replacing those units with a brand new heat pump (and some extra insulation in the attic, too). “We needed to improve, and for the environment it’s better,” the 85-year-old … Read more

Microsoft posts lukewarm sales growth as cloud business slows-BNN Bloomberg

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Microsoft posts lukewarm sales growth as cloud business slows-BNN Bloomberg

Microsoft Corp. it reported tepid fourth-quarter sales growth, hampered by slowing demand for cloud-computing services as the software maker expects a rise in revenue from new products powered by artificial intelligence. Profit in the period ended June 30 was US $ 2.69 per share and sales rose 8 per cent to US $ 56.2 billion, … Read more