Business News

Inflation rate unexpectedly increased in April, jumping up to 4.4%

Canada's inflation rate reversed its cooling trend last month and moved higher, to a 4.4 per cent annual rate.Economists had been expecting new data released by Statistics Canada on Tuesday…

May 30, 2023

Business News

Air Canada briefly grounds flights due to computer system problem – Business News

Glitch grounds flightsThe Canadian Press - May 25, 2023 / 11:06 am | Stories: 428570 Photo: The Canadian Press Air Canada planes sit on the tarmac at Pearson International Airport…

May 29, 2023

Business News

Chile’s plan for state control in lithium dismays business

SANTIAGO, Chile (AP) — The Chilean government's newly announced plan to have the state take a majority stake in the lithium industry disconcerted business leaders, though analysts cautioned that the…

May 27, 2023

Business News

Google, Meta executives push back against Canada online news bill

[1/2] A Google logo is displayed at the entrance to the internet based company's offices in Toronto, Ontario, Canada September 9, 2018. REUTERS/Chris HelgrenTORONTO, May 3 (Reuters) - Google and…

May 26, 2023

Business News

Berkshire Hathaway shareholder meeting takeaways: Warren Buffett’s remarks

Warren Buffett, chairman and CEO of Berkshire Hathaway, criticized the government's intervention in recent bank failures, saying on Saturday it averted what could have become an even bigger crisis.Yet he…

May 24, 2023

Business News

How Ryan Reynolds became Canada’s unlikeliest business mogul

UPDATE: After this story was originally published, Wrexham Football Club — which Ryan Reynolds and actor Rob McElhenney bought in 2021 — qualified for the fourth tier of the English…

May 23, 2023

Business News

Prices, digital growth benefits Walmart

BENTONVILLE, ARK. — Lower prices compared to competitors and convenience brought about through digital capabilities lifted Walmart US to same-store sales growth of 7% in the first quarter ended April…

May 22, 2023

Business News

Tucker Carlson leaves Fox News days after Dominion lawsuit settlement

April 24 (Reuters) - Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for…

May 20, 2023

Business News

Bank of Canada appoints Rhys Mendes as deputy governor – Business News

BoC has new deputy gov.The Canadian Press - May 12, 2023 / 12:15 pm | Stories: 426434 Photo: The Canadian Press The Bank of Canada has appointed Rhys Mendes as…

May 19, 2023

Business News

Mass event will let hackers test limits of AI technology – Business News

Photo: The Canadian Press Rumman Chowdhury, co-founder of Humane Intelligence, a nonprofit developing accountable AI systems. No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot…

May 18, 2023