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Business News

Wildfires cast smoky shadow over tourism industry ahead of unofficial start of summer

Wildfires cast smoky shadow over tourism industry ahead of unofficial start of summer

May 17, 2024 / 6:13 am

At Andrew Lake Lodge — a remote camp in the extreme northeast corner of Alberta — owner Dan Wettlaufer is looking forward to welcoming the first of...

Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since

Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since

United States May 17, 2024 / 5:52 am

For bicycle shops in the United States, the past few years have probably felt like the business version of the Tour de France. Early in the pandemic, a surge of...

Google wants judge, not jury, decide upcoming antitrust case in Virginia

Google wants judge, not jury, decide upcoming antitrust case in Virginia

May 16, 2024 / 5:32 pm

Google on Thursday asked that a judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers...

Loblaw agrees to sign grocery code of conduct after months of negotiations

Loblaw agrees to sign grocery code of conduct after months of negotiations

May 16, 2024 / 10:05 am

Loblaw Cos. Ltd. said Thursday it's ready to sign on to the grocery code of conduct, paving the way for an agreement that’s been years in the making....

Luxury parka maker Canada Goose reports $5M Q4 profit, revenue up 22% from year ago

Luxury parka maker Canada Goose reports $5M Q4 profit, revenue up 22% from year ago

May 16, 2024 / 6:09 am

Canada Goose Holdings Inc. reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22 per cent. The luxury parka maker...

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

May 16, 2024 / 5:50 am

Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen ($65 billion) through fiscal 2031 to...

Half of telecom providers not following website complaints section rules: watchdog

Half of telecom providers not following website complaints section rules: watchdog

May 16, 2024 / 5:45 am

Canada's telecom and television complaints watchdog says many telecom providers aren't following complaints section rules on their websites, and...

RBC integrates HSBC, reveals details about Vancouver banking hub

RBC integrates HSBC, reveals details about Vancouver banking hub

May 15, 2024 / 10:00 am

Passersby outside the iconic HSBC Bank Canada pendulum building at 885 West Georgia Street on Good Friday were able to witness workers in a crane covering HSBC...

Billionaire Frank McCourt says he's putting together a consortium to buy TikTok

Billionaire Frank McCourt says he's putting together a consortium to buy TikTok

United States May 15, 2024 / 7:01 am

Billionaire businessman and real estate mogul Frank McCourt said he’s putting together a consortium to purchase TikTok’s U.S. business, adding to...

Statistics Canada says manufacturing sales down 2.1% at $69.9B in March

Statistics Canada says manufacturing sales down 2.1% at $69.9B in March

Canada May 15, 2024 / 6:32 am

Statistics Canada says manufacturing sales fell 2.1 per cent to $69.9 billion in March as sales of petroleum and coal products and motor vehicles fell. The...

Retail sales were unchanged in April from March as inflation and interest rates curb spending

Retail sales were unchanged in April from March as inflation and interest rates curb spending

United States May 15, 2024 / 5:54 am

Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. The number...

Miniature poodle named Sage wins Westminster Kennel Club dog show

Miniature poodle named Sage wins Westminster Kennel Club dog show

New York May 15, 2024 / 5:52 am

For a last hurrah, it was a Sage decision. A miniature poodle named Sage won the top prize Tuesday night at the Westminster Kennel Club dog show, in what...

Meme stocks are roaring again. This time may be different

Meme stocks are roaring again. This time may be different

May 14, 2024 / 1:40 pm

Meme stocks are shaking Wall Street once again. That shouldn't be much of a surprise. Ever since bands of smaller-pocketed and novice investors began taking...

TikTok content creators sue the U.S. government over law that could ban the popular platform

TikTok content creators sue the U.S. government over law that could ban the popular platform

United States May 14, 2024 / 12:18 pm

Eight TikTok content creators sued the U.S. government on Tuesday, issuing another challenge to the new federal law that would ban the popular social media...

Google unleashes AI in search, raising hopes for better results and fears about less web traffic

Google unleashes AI in search, raising hopes for better results and fears about less web traffic

May 14, 2024 / 11:20 am

Google on Tuesday rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website links, a shift...

There's bird flu in US dairy cows. Raw milk drinkers aren't deterred

There's bird flu in US dairy cows. Raw milk drinkers aren't deterred

United States May 14, 2024 / 6:35 am

Sales of raw milk appear to be on the rise, despite years of warnings about the health risks of drinking the unpasteurized products — and an outbreak of...

Will AI replace doctors who read X-rays, or just make them better than ever?

Will AI replace doctors who read X-rays, or just make them better than ever?

May 14, 2024 / 6:21 am

How good would an algorithm have to be to take over your job? It’s a new question for many workers amid the rise of ChatGPT and other AI programs that can...

Statistics Canada reports wholesale sales down 1.1% in March

Statistics Canada reports wholesale sales down 1.1% in March

May 14, 2024 / 6:20 am

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4...

Wholesale price increases accelerated in April as inflation remains sticky

Wholesale price increases accelerated in April as inflation remains sticky

United States May 14, 2024 / 5:46 am

U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the...

Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum  -  adding to tensions with Beijing

Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum - adding to tensions with Beijing

May 14, 2024 / 5:31 am

The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical...

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