Economy

McDonald's 'worldwide favorites' brings international menu to US stores

McDonald's 'worldwide favorites' brings international menu to US stores

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Dressers recalled over tip-over risks after death of toddler

Dressers recalled over tip-over risks after death of toddler

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Etihad Airways among three to submit financial bid for Jet Airways

Etihad Airways among three to submit financial bid for Jet Airways

In a statement, Etihad said that it can not be expected to be the sole investor, and that, amongst other requirements, additional investors would need to bring in the bulk of the money required to r...

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Plane and fuel truck collide at Toronto Pearson airport

Plane and fuel truck collide at Toronto Pearson airport

Upon a successful landing at Toronto's Pearson International Airport, the aircraft collided with a fuel tanker truck during its taxi to a gate in Terminal 1 around 1:36 a.m. Flight 8615 had been bou...

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Facebook celebrates National Small Business Week with new products

Facebook celebrates National Small Business Week with new products

According to recent data from the National Federation of Independent Business (NFIB), small business hiring is so robust that business owners are having trouble finding enough qualified employees. In ...

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China Vows Retaliation as New Tariffs Take Effect

China Vows Retaliation as New Tariffs Take Effect

China and the United States have agreed to hold more trade talks in Beijing , Vice Premier Liu He told Chinese state media in the United States on Friday, following a round of discussions in Wash...

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Helium Shortage a Party Pooper for Party City

Helium Shortage a Party Pooper for Party City

National party store chain Party City plans to close 45 stores this year, the company said in a letter to investors. It is common for massive chains to close down shops that are not performing well ...

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Economy adds a record 106,500 jobs in April, unemployment rate dips

Economy adds a record 106,500 jobs in April, unemployment rate dips

The Canadian dollar jumped after the report, gaining 0.4 per cent to $1.3421 per USA dollar at 8:34 a.m.in Toronto trading. The jump wipes out the 7.2K in job losses that were reported in March. Thoma...

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Vodafone challenges ACCC decision on TPG merger

Vodafone challenges ACCC decision on TPG merger

The telcos will file a case on the basis that the potential merger will not substantially lessen competition on the supply of mobile services, one of ACCC's reasons to opposing to the merger. "The cou...

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Uber Trades Below Last Private Value in Rocky Start After IPO

Uber Trades Below Last Private Value in Rocky Start After IPO

SharesPost principal analyst Alejandro Ortiz said the timing for Uber to start trading was bad given the uncertainty over the trade spat with China. The listing gives Uber another roughly $8 billion...

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Amazon's Echo Dot Kids violates privacy regulations, child advocates say

Amazon's Echo Dot Kids violates privacy regulations, child advocates say

The 98-page complaint is the latest in a series by consumer and privacy groups urging the Federal Trade Commission to intensify its enforcement of how leading technology companies treat children...

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Ocasio-Cortez, Sanders call for 15% cap on credit card interest rates

Ocasio-Cortez, Sanders call for 15% cap on credit card interest rates

A cap on credit card interest rates isn't a new idea. Ocasio-Cortez discussed her observations as a representative from an urban congressional district in NY. "We're talking about economic brutali...

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Donald Trump Says He Has Received

Donald Trump Says He Has Received "Beautiful Letter" From Xi Jinping

Earlier in the day China had asked the United States to meet it halfway in the hope of staving off threat of a USA tariff hike on $200 billion of Chinese goods to 25 percent from 10 percent at 0400 GM...

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Oil rallies on hopes for U.S.-China trade deal

Oil rallies on hopes for U.S.-China trade deal

WTI (futures on Comex) is seen struggling to extend the recovery above the 62 handle, having reversed a sharp drop to 61.35 levels after a fresh risk-aversion wave gripped the European markets on the ...

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Dyson patents hint at design of its electric crossover

Dyson patents hint at design of its electric crossover

The first details of Dyson's electric auto have emerged with the publication of patents and a memo from the company's billionaire founder which call on staff to keep the automotive plans secret. A ska...

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Facebook co-founder says it is time to break up the company

Facebook co-founder says it is time to break up the company

Saying he still believed that Zuckerberg was a "good, kind person", Hughes argued that the billionaire's incessant " focus on growth led him to sacrifice security and civility for clicks ", going on...

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Lawmakers criticize potential Facebook settlement with FTC

Lawmakers criticize potential Facebook settlement with FTC

The letter also repeated calls that Facebook executives, including CEO Mark Zuckerberg, should be held personally accountable for the company's privacy missteps. "The FTC must set a resounding precede...

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Report highlights role of luxury auto sales in B.C. money laundering

Report highlights role of luxury auto sales in B.C. money laundering

German recounted one instance in which a one-of-a-kind luxury vehicle was purchased with a bag of $240,000 in cash. The dealer then took several employees to the bank to deposit the money. The provinc...

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BHP to defend Samarco claim in the United Kingdom | 8 May 2019

BHP to defend Samarco claim in the United Kingdom | 8 May 2019

When the walls of the dam crumbled it released deadly toxic sludge that destroyed the village of Bento Rodrigues and spilled into rivers, eventually seeping into the Atlantic Ocean. Most of the £5bill...

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EU commission cuts growth outlook over trade pressures | AP business

EU commission cuts growth outlook over trade pressures | AP business

The European Commission cut its eurozone growth forecast for 2019 on Tuesday, with overspending by populist-run Italy again a concern. It also warned that "substantial risks" to growth remained i...

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Noront picks the Sault for ferrochrome plant

Noront picks the Sault for ferrochrome plant

The smelter would process chromite mined from Noront's deposits in the Ring of the Fire in the James Bay lowlands. "The project team has developed a great relationship with Noront and its management...

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USA starts collecting tariffs on Mexican tomatoes

USA starts collecting tariffs on Mexican tomatoes

Ross said the United States will refund any tariff deposits if a new deal is reached or if the U.S. International Trade Commission determines there is no injury based on its own independent investigat...

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Australia's central bank prints 46 million $50 notes with a typo

Australia's central bank prints 46 million $50 notes with a typo

Australia's new $50 bill, introduced last October, has been discovered to contain a typo. It took seven months for the public to notice "responsibility" was repeatedly misspelt in the text of Cowan's ...

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New Zealand central bank cuts rates for first time since 2016

New Zealand central bank cuts rates for first time since 2016

ASB chief economist Nick Tuffley said the cut was against a backdrop of divided market opinion on whether there would be a cut or not. Since then, inflation has been lower than expected and while ...

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Lebanon stock trading Frozen above central bank strike

Lebanon stock trading Frozen above central bank strike

A soaring debt of $85 billion — equivalent to about 150 percent of gross domestic product — and unemployment believed to be around 36 percent are compounding concerns that the country will finally cav...

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Pre-Booking Your 2020 Volkswagen ID3 Costs EUR1,000

Pre-Booking Your 2020 Volkswagen ID3 Costs EUR1,000

Volkswagen has chosen out a name for its new electric vehicle, a hatchback that will be called the ID.3. At the entry-level, there'll be a battery expected to get around 205 miles on the WLTP cycle...

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Australia's interest rate held at 1.5 pct for 33rd month

Australia's interest rate held at 1.5 pct for 33rd month

While markets are now only pricing in a 20% chance of the rate cut when the RBA next meets in June, the odds rise to 100% by the end of the summer. "We'd expect both investment and hiring to cool ra...

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China's April exports fall ahead of United States tariff talks

China's April exports fall ahead of United States tariff talks

Those comments followed President Donald Trump's unexpected statement on Sunday that he would raise tariffs on $200 billion worth of Chinese goods to 25 per cent from 10 per cent. These includ...

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Huawei executive Meng Wanzhou in Vancouver court Tuesday for extradition case

Huawei executive Meng Wanzhou in Vancouver court Tuesday for extradition case

The British Columbia Supreme Court is expected to set key court dates today for the extradition case of Huawei executive Meng Wanzhou. Two Canadians are believed to have been detained in retaliati...

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Donald Trump had losses of $1.17 billion over a decade

Donald Trump had losses of $1.17 billion over a decade

Over the course of those 10 years, Donald Trump took on $1.17 billion in losses. Over the 10 years, Trump's core businesses, including casinos, hotels and apartment buildings, lost US$1.17 billion...

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GM, Unifor make joint announcement about Oshawa, Ont., plant

GM, Unifor make joint announcement about Oshawa, Ont., plant

About 300 of nearly 3,000 jobs will be maintained, with potential for more in the coming years. Canada and Unifor announced that the current facility, which manufacturers several vehicles, will tran...

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China Trade Surplus Narrows as Exports Fall

China Trade Surplus Narrows as Exports Fall

Despite Trump's tweets and threats, China is sending its top trade envoy to Washington to resume negotiations and confront USA demands that Beijing detail the laws it would change as a part of a trade...

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Honda's Urban EV concept gets a real name: 'e'

Honda's Urban EV concept gets a real name: 'e'

A production-ready version of the vehicle was unveiled earlier this year at the Geneva Motor Show, which showed a auto true to the concept but with a less boxy overall exterior. The Honda e is sch...

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GM selling plant to electric truck maker, Trump tweets

GM selling plant to electric truck maker, Trump tweets

Ohio Republican Sen. Rob Portman said in a tweet that he's optimistic about the news and that he has worked with Workhorse and looks forward to further developments. "The U.S. economy and our core b...

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Kraft to restate accounts over misconduct

Kraft to restate accounts over misconduct

The revelation came weeks after Kraft Heinz shocked Wall Street by revealing that the Securities and Exchange Commission was investigating alleged irregularities. Kraft also disclosed Monday it ha...

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