Business & Work News

Twitter breach troubling, undermines trust, experts say -

2020-07-16T13:42:00Z  |   by CBC News

A breach in Twitter's security that allowed hackers to break into the accounts of leaders and technology moguls is one of the worst attacks in recent years and may shake trust in a platform politicians and CEOs use to communicate with the public, experts said…

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Gold price remains under pressure as ECB holds steady course - Kitco NEWS

2020-07-16T11:59:00Z  |   by Kitco NEWS

(Kitco News) - The gold market remains under modest selling pressure as the ECB hold a steady course on interest rates and extremely accommodative monetary policy.

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Futures, Stocks Retreat; Euro Steady After ECB: Markets Wrap - Yahoo Canada Finance

2020-07-16T11:51:00Z  |   by Yahoo Entertainment

(Bloomberg) -- U.S. equity futures fell with stocks as investors parsed mixed economic data and watched earnings roll in. The dollar stayed higher after American initial jobless claims posted their smallest weekly decline since March.Bank of America Corp. dro…

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Chinese shoppers aren't splashing out again just yet - CNN

2020-07-16T11:01:00Z  |   by CNN

China's economy is growing again after its worst three-month period in decades. That's a good sign for everyone else — though investors aren't celebrating.

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What you need to know about COVID-19 in Ottawa on Thursday, July 16 -

2020-07-16T10:52:00Z  |   by CBC News

CBC Ottawa's latest roundup of key updates during the coronavirus pandemic.

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Young people living with their parents could receive $11.8 billion from CERB - Financial Post

2020-07-16T10:31:29Z  |   by Financial Post

Opinion: This federal government has discarded caution in the name of convenience, with large transfers going to Canadians whose need is questionable

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China's big bounce: Economy posts stronger-than-expected rebound -

2020-07-16T10:28:00Z  |   by Al Jazeera English

Easing of coronavirus lockdowns helped world's number two economy grow by 3.2% in Apr-Jun after plunging in Jan-March.

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Torstar takeover raises shareholders' ire, sparks calls for OSC probe - BNN

2020-07-16T09:39:52Z  |   by

Joseph Groia, a Toronto-based securities lawyer and former OSC director of enforcement who currently represents one of the aggrieved shareholders, told BNN Bloomberg that he is aware of at least three letters signed by Torstar investors that urge the regulato…

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Saskatoon rental prices on the rise; Report - CTV News Saskatoon

2020-07-16T04:29:00Z  |   by

Renters in Saskatoon are paying a little more for a one or two bedroom rentals according to a new rent report.

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Three flights from B.C. to Alberta linked to COVID-19 cases - Calgary Herald

2020-07-16T02:12:04Z  |   by Calgary Herald

Three flights from B.C. to Alberta linked to COVID-19 cases

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Ontario amends liquor laws to help hospitality sector recover from pandemic - Toronto Star

2020-07-16T02:01:05Z  |   by Toronto Star

The province says it recognizes the need for physical distancing due to COVID-19 and is amending the Liquor Licence Act to allow alcohol delivery serv...

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Dow Futures Reverse Gains as U.S.-China Tensions Simmer -

2020-07-16T01:53:00Z  |   by Crypto Coins News

Dow futures were under pressure Wednesday evening, as tensions between the United States and China continued to simmer.

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High-profile Twitter accounts hacked in apparent Bitcoin scam - CBC News

2020-07-16T01:24:42Z  |   by Google News

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After $20 Billion Jio Frenzy, Ambani Seeks Money for Retail - Yahoo Canada Finance

2020-07-16T00:33:17Z  |   by Yahoo Entertainment

(Bloomberg) -- After raising more than $20 billion for his digital venture in three months, billionaire Mukesh Ambani is readying his retail unit for global partners, as his oil-to-petrochemicals conglomerate turns to India’s billion-plus consumers for growth…

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Tesla registrations in California nearly halve in second quarter: data - Yahoo Canada Finance

2020-07-16T00:09:44Z  |   by Yahoo Entertainment

Tesla's only U.S. vehicle factory in California was shut for some six weeks of the quarter. The report released on Wednesday showed registrations in California, a bellwether market for the electric-car maker, plummeted almost 48% from a year earlier to 9,774…

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USD/CAD Rate Eyes June Low on Wait-and-See BoC Policy - DailyFX

2020-07-16T00:00:22Z  |   by DailyFX

USD/CAD may continue to give back the advance from the June low (1.3315) as the Bank of Canada (BoC) endorses a wait-and-see approach for monetary policy.

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Public Health warns of fake mask exemption cards circulating - GuelphToday

2020-07-15T23:30:00Z  |   by GuelphToday

Exemption cards for medical masks do not exist

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China buys more soybeans, ramping up U.S. crop purchases - Seeking Alpha

2020-07-15T23:24:00Z  |   by Seeking Alpha

China reportedly continues its buying spree of U.S. farm products, with private importers booking more U.S.

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FCA to get a new name after merger with Peugeot -

2020-07-15T23:11:00Z  |   by

Two of the world's biggest automakers, about to complete a merger, will get a new branding once it's closed.

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'It's up to us,' says Hirji about Niagara's COVID-19 future -

2020-07-15T23:01:43Z  |   by

Niagara residents will determine the success, or failure, of the next stage of economic reopening

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Collapse of Asian market means more spot prawns for us - Vancouver Sun

2020-07-15T22:27:41Z  |   by Vancouver Sun

Collapse of Asian market means more spot prawns for us

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Air Canada calls on Ottawa to ease 14-day quarantine rules - Yahoo Canada Finance

2020-07-15T22:09:00Z  |   by Yahoo Entertainment

Air Canada is calling on the federal government to ease restrictions that force travellers to quarantine for two weeks upon arriving in Canada.

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Four Holland America Line ships are sold and exiting in 2020 - Seatrade Cruise News

2020-07-15T22:01:03Z  |   by Seatrade Cruise News

Holland America Line's Amsterdam, Maasdam, Rotterdam and Veendam will be leaving the fleet this year, destined for undisclosed buyers.

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Oil Prices Jump 2% On Bullish Inventory Data -

2020-07-15T22:00:00Z  |   by

A number of bullish events on Wednesday including a large draw in crude inventories and strong OPEC compliance jolted oil prices

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TSX climbs to highest close since March on COVID-19 vaccine hopes - CP24 Toronto's Breaking News

2020-07-15T21:31:00Z  |   by CP24 Toronto's Breaking News

Canada's main stock index rallied to its highest closing in more than four months on positive COVID-19 vaccine news that propelled companies helped by economic reopenings.

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Texas County Lures Tesla With $15 Million Tax Breaks -

2020-07-15T21:30:00Z  |   by

Travis County in Texas voted on Tuesday to give Tesla at least US$14.7 million in tax breaks if it chooses to build its new Gigafactory near Austin

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Toronto grabs 4th spot on tech talent list, adds 66900 jobs in last five years - CP24 Toronto's Breaking News

2020-07-15T21:21:00Z  |   by CP24 Toronto's Breaking News

A new report that ranks North American cities on their ability to attract tech talent has put Toronto at No. 4, giving it the top spot in Canada.

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Region to pay Kitchener tech firm $2.7M for intelligent traffic signals -

2020-07-15T21:15:00Z  |   by

The Miovision tech will help improve traffic flow, cyclist and pedestrian safety

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Rival bid for Cirque du Soleil has been accepted by board, sources say - Montreal Gazette

2020-07-15T21:11:21Z  |   by Montreal Gazette

Rival bid for Cirque du Soleil has been accepted by board, sources say

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Dell considering spinning off VMware stake, shares surge - Reuters

2020-07-15T21:11:00Z  |   by Reuters

Dell Technologies Inc is considering spinning off its 81% stake in cloud computing software maker VMware , the PC maker said on Wednesday, adding that such a move would not occur before September 2021.

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Proposed settlement worth millions in Kelowna social worker case -

2020-07-15T21:06:14Z  |   by Global News

Robert Riley Saunders is alleged to have stolen money from clients who were under his care from 2001 until his firing in 2018.

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2021 brings new tech and trims to Toyota's Corolla and Camry - Driving

2020-07-15T20:44:00Z  |   by

The popular sedans are getting just a light, light refresh for next year

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Napoleon looking for 110 workers as Barrie company's business heats up -

2020-07-15T20:11:12Z  |   by

Company has seen surge in grill sales.

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Jeep teases new nearly silent plug-in Wrangler on Bronco reveal day - Driving

2020-07-15T20:07:00Z  |   by

If the Hemi Wrangler Concept didn't whet your appetite, perhaps the Hybrid will

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Workers can return to offices, but at 25 per cent capacity - Montreal Gazette

2020-07-15T19:41:15Z  |   by Montreal Gazette

Workers can return to offices, but at 25 per cent capacity

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Moderna's COVID-19 vaccine shows promise in first published results - Live Science

2020-07-15T19:13:00Z  |   by Live Science

After receiving two doses of the vaccine, all 45 participants developed so-called neutralizing antibodies against the virus.

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Is it time to short copper? Metal hits 2-year high this week as analysts turn cautious - Kitco NEWS

2020-07-15T18:57:00Z  |   by Kitco NEWS

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Gateway Casinos 'evaluating' capacity restrictions for reopening -

2020-07-15T18:49:00Z  |   by

The company's Thunder Bay casino will not open this Friday

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Couple finds out they're living with thousands of bees after fresh honey drips down their walls - CTV News

2020-07-15T18:34:00Z  |   by

A Pennsylvania couple didn't know they had house guests until lines of fresh honey started dripping down the walls of their home's mudroom.

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'Interest rates will be low for a long time': Canadian home sales jumped in June - Yahoo Canada Finance

2020-07-15T18:26:00Z  |   by Yahoo Entertainment

The Canadian Real Estate Association (CREA) says national home sales jumped 63 per cent month-over-month in June. Sales are up 150 per cent from April.

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Coronavirus: All U.S. Walmart stores, some Canadian ones, to require face masks -

2020-07-15T17:48:00Z  |   by Global News

The company said the policy will go into effect on Monday to allow time to inform stores and customers.

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Desjardins gets into real estate services by buying DuProprio - CTV News Montreal

2020-07-15T17:46:00Z  |   by

The Desjardins Group is getting into real estate sales services by buying the assisted sales network DuProprio and the Canadian brokerage activities of the British company Purplebricks.

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Health Officials Caution Against Public Shaming Those with COVID-19 - VOCM

2020-07-15T17:08:00Z  |   by VOCM

A warning today from the province's Chief Medical Officer of Health about the public reaction to a new case of...

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Get used to fewer employees for the next three months: Statistics Canada - Yahoo Canada Finance

2020-07-15T16:40:00Z  |   by Yahoo Entertainment

When it comes to staffing levels during the COVID-19 recovery, most Canadian businesses don’t have all hands on deck. A Canadian Federation of Independent Business (CFIB) survey found that only one third of businesses had re-hired their pre-pandemic staff cap…

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BC's farm sector set record $3.9 billion in sales last year - Business News -

2020-07-15T16:38:00Z  |   by

B.C.'s farm sector reported record sales in 2019.

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Someone is auctioning off more than 50 life-sized, animatronic dinosaurs in B.C. - CTV News

2020-07-15T16:10:00Z  |   by

According to a listing on a B.C.-based online auctions site, someone is trying to sell more than 50 life-sized animatronic dinosaurs.

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Tesla Allegedly Operating On Autopilot Slams Into Police Car And Ambulance - CarScoops

2020-07-15T16:04:00Z  |   by CarScoops

The driver of the Tesla Model S is being investigated for DUI and is currently in the hospital.

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Women charged in drug seizures at Pearson airport - Toronto Star

2020-07-15T16:03:40Z  |   by Toronto Star

More than $1.2 million in suspected cocaine was seized.

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2022 Nissan Ariya electric crossover undercuts Tesla Model Y - The Car Connection

2020-07-15T15:58:00Z  |   by The Car Connection

The all-electric crossover combines Nissan's know-how on electric vehicles with future tech.

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Bloom Energy Reveals Strategy to Enter Commercial Hydrogen Market - Motley Fool

2020-07-15T15:42:00Z  |   by Motley Fool

This fuel cell leader is charged up about the new direction in which its headed.

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Tesla Says Cheaper EVs Face One Big Tech Problem - Torque News

2020-07-15T14:44:42Z  |   by Google News

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Russia military says it's developed safe Covid-19 vaccine – latest updates - TRT World

2020-07-15T14:05:20Z  |   by TRT World

Coronavirus has infected more than 13.6 million people, of whom over 7.8 million have recovered and some 584,000 have died. Here are the updates for July 15:

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Saudi Arabia OPEC To Ease Record Cuts From August -

2020-07-15T13:30:00Z  |   by

The OPEC group is easing the record 9.7-million-bpd production cuts as of August as demand has started to recover, Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman, said at an OPEC panel meeting on Wednesday

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Here’s what Goldman Sachs gives a 90% chance of happening to the S&P 500 over the next decade - MarketWatch

2020-07-15T13:00:00Z  |   by MarketWatch

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Goldman Sachs shares surge as Q2 earnings smash expectations - CNBC Television

2020-07-15T11:57:26Z  |   by Google News

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Beyond CERB: You Can Get up to $1,500 in Tax-Free CRA Cash - Yahoo Canada Shine On

2020-07-15T11:51:00Z  |   by Yahoo Entertainment

Your $2,000 in monthly CERB payments will end in the next 60 days. But you can still get monthly cash benefits of up to $1,500 from the CRA if you are a family of four.The post Beyond CERB: You Can Get up to $1,500 in Tax-Free CRA Cash appeared first on The M…

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Bank of Canada set to make rate announcement, release economic outlook - CTV News

2020-07-15T11:36:00Z  |   by

The Bank of Canada is holding its key interest rate at 0.25 per cent in response to what it calls the 'extremely uncertain' economic outlook from the COVID-19 pandemic, and plans to keep it there until the picture improves.

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European court scraps EU order to Apple to pay $15bn in taxes -

2020-07-15T10:33:00Z  |   by Al Jazeera English

The ruling is a significant blow for the European Commission's campaign to stymie profit-shifting by multinationals.

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How the Hong Kong protests led to the downfall of a renowned Canadian jeweller -

2020-07-15T08:00:00Z  |   by CBC News

Alberta's Korite International, which produces about 90 per cent of the world's supply of the rare gem ammolite, has obtained creditor protection.

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Dow Jones Price Outlook: Bank Earnings Warn of Unusual Recession Ahead - DailyFX

2020-07-14T21:42:20Z  |   by DailyFX

Earnings from some of the largest US banks were scattered across the board, but nearly every report warned of a prolonged recession in the wake of coronavirus.

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Two from region celebrating big lottery wins -

2020-07-14T21:30:00Z  |   by

Both came on Poker Lotto All In

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Dozens of MPs, senators call for sanctions against China over human rights abuses -

2020-07-14T20:52:00Z  |   by CBC News

Sixty-eight MPs and senators have added their names to a letter to the prime minister demanding that Canada levy sanctions on top Chinese officials in response to human rights abuses perpetrated against Uighur Muslims and pro-democracy advocates in Hong Kong.

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TSX boosted by energy, materials, financials; US stocks also rise - BNN

2020-07-14T19:55:31Z  |   by

Energy and materials led the S&P/TSX composite index despite flattish oil prices and a dip in gold. Meanwhile, the heavyweight financials sector also climbed.

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WestJet increases service for August, but remains far below level from a year ago -

2020-07-14T18:39:00Z  |   by CBC News

WestJet plans to restart non-stop flights from Calgary to London and Paris next month as it slowly increases the number of flights it offers this summer.

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Making sense of trims: 2021 Ford Bronco lineup explained - Driving

2020-07-14T17:36:00Z  |   by

Your guide to wrestling the right Bronco

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Oatly raises $200m from celebrity backers including Oprah and Jay-Z - BBC News

2020-07-14T15:59:21Z  |   by BBC News

Swedish company Oatly, which has popularised oat milk, raises $200m to expand the business.

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Toronto realtors urge governments to expand housing supply in relief plan - CP24 Toronto's Breaking News

2020-07-14T14:42:00Z  |   by CP24 Toronto's Breaking News

As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply -- and be careful of stoking too much demand.

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Toronto Pearson Airport cutting 500 jobs as air travel falls to 1996 levels - CTV News

2020-07-14T13:36:00Z  |   by

Canada's busiest airport is cutting approximately 500 jobs because of a significant drop in air traffic due to the COVID-19 pandemic.

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As Tesla stock soars, Fisker intends to go public - Green Car Reports

2020-07-14T13:30:00Z  |   by Green Car Reports

An IPO would enable Fisker to push ahead on development and production plans for its Ocean electric crossover, as well as the EMotion flagship sedan.

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Canada adds almost 1 million jobs, but earns only muted cheer - BNN

2020-07-10T16:42:35Z  |   by

Canada reclaimed almost 1 million jobs of those lost to the coronavirus pandemic, a promising start to what’s expected to be an arduous recovery.

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