TORONTO – Sunwing Vacations Inc. says it is sending out dozens of recovery flights this week to bring home thousands of passengers stranded in Mexico after winter storms disrupted its operations. “We continue to navigate unprecedented operational challenges, resulting in a number of ongoing flight delays,” said airline president Len Corrado in a statement. “We […]
Category Archives: Business
As 2022 comes to a close and the cost of living continues to climb, many Canadians are looking for ways to cut back on spending — and some are looking to trim down on subscriptions. But with subscription services offered in almost every category these days, it can be hard to keep track of exactly […]
Thousands of Twitter Inc. users reported glitches and other issues with the social media service, one of the more significant disruptions since Elon Musk’s $44 billion takeover triggered the loss of three-quarters of its workforce. More than 9,000 users reported problems accessing the service, data from DownDetector showed. Users from San Francisco to Tokyo and […]
The Southwest Airlines Co. meltdown that’s stranded thousands of passengers across the US has its root in outdated technology that analysts and its unions have warned about for years. “People have a right to be really angry and annoyed,” Cowen Inc. analyst Helane Becker said Wednesday in a Bloomberg Television interview. “They should have invested […]
Local Toronto businesses noticed more foot traffic at their stores this holiday season, but consumers are tightening the purse strings amid soaring inflation and an impending recession. Compared to last year’s holiday season, which experienced a lockdown due to the Omicron variant, this year was already a positive step forward with in-person shopping, said Eric […]
TOPEKA, Kan. (AP) — Kansas Gov. Laura Kelly banned the use of TikTok on the state-issued devices of government workers under her control on Wednesday, becoming one of the first Democratic governors to restrict the popular social media app. Kelly’s action came five days after Congress approved the $1.7 trillion omnibus spending bill that banned […]
TORONTO – First Quantum Minerals Ltd. says it is back in discussions with the government of Panama over a benefits sharing agreement as it looks to avoid a shutdown of its Cobre Panamá mine. Toronto-based First Quantum said on Dec. 16 that the government had cut off talks and ordered the mine closed, but says […]
As hundreds of Canadians scramble to get home after their Sunwing flights from Mexico were cancelled last week, a passengers’ rights advocate says stranded travellers should consider legal action if they aren’t compensated by the airline. Gabor Lukacs, president and founder of the Air Passenger Rights group, says passengers grappling with cancelled flights and inadequate […]
The good news is that interest rates likely won’t be going up much, if at all, in 2023. The bad news? Don’t count on them coming down any time soon, either. After a year in which the Bank of Canada raised its key overnight lending rate seven times in an attempt to slow down soaring […]
CALGARY – Canadian oil and gas companies are expected to increase spending in 2023, but analysts say it will be another year of modest growth and not a return to boom times. For Canada’s energy industry, 2022 was the year that finally snapped a decade of weak commodity prices and brought prosperity back to the […]