Tag Archives: Canada

Fast rise in consumer spending could speed up job market recovery, BoC deputy says

OTTAWA — A deputy governor at the Bank of Canada says higher-than-expected spending by households could help the country recover tens of thousands of lost jobs over the next two years. Canadians have accumulated on average of $5,800 in extra savings as spending dropped over the last year as many businesses were closed or faced […]

Barbie’s friend Ken celebrates a milestone birthday: 60

Ken is turning 60, two years after his best friend Barbie did. Mattel launched a reproduction of the original Ken doll on Thursday to commemorate his 1961 debut. That slender doll with blond felt hair wears a red bathing suit and comes with red sandals and a yellow towel. Over the years, Ken’s body type, […]

Molson Coors says cyberattack impacting brewing operations

Molson Coors Beverage Co. said Thursday it has been hit by a cyberattack that disrupted its brewing operations and shipments. In a regulatory filing, the Chicago-based company said it has hired forensic information technology experts and legal counsel to help it investigate the incident. “The company is working around the clock to get its systems […]

Sobeys says request to use personal information of COVID-19 vaccine recipients was a mistake – National

Along with following public health guidelines during the COVID-19 pandemic, Canadians are also facing questionable demands on their personal information. The grocery giant Sobeys has been inviting people to register online for vaccinations at company-owned pharmacies across Canada, operating as Sobeys, Safeway, Lawtons, Thrifty Foods, FreshCo and Foodland. Before people could sign up, a […]

WestJet cancels orders for 15 Boeing 737 Max planes as industry struggles

CALGARY — WestJet Airlines Ltd. says it has cancelled orders for 15 Boeing 737 Max aircraft as the industry-wide downturn in aviation continues. The cancellations leave WestJet with 27 Max aircraft remaining on order, the company says. “WestJet remains committed to our 737 MAX aircraft and have safely returned the first three of our 14 […]

Warren Buffett’s fortune tops US$100B as his stock soars

OMAHA, NEB. — Investor Warren Buffett’s fortune surged above US$100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece. Berkshire Hathaway’s Class A shares climbed to $407,750 Wednesday before giving up some ground to close the day at $398,840. The Class B shares of the Omaha, Nebraska, based conglomerate […]

Global shares advance as yields, inflation fears moderate

Stocks climbed in Europe and Asia on Thursday after a key measure of inflation in the U.S. came in lower than expected, easing worries that price pressures could push interest rates higher. Shares rose in Paris, Frankfurt and Tokyo on Thursday and U.S. futures also were higher. The Shanghai Composite index jumped 2.4% as China […]

Asian shares advance as yields, inflation fears moderate

Stocks climbed in Asia on Thursday after a key measure of inflation in the U.S. came in lower than expected, easing worries that price pressures could push interest rates higher. Shares rose in Tokyo, Shanghai and Hong Kong but were flat in Sydney. On Wall Street, energy and financial stocks rose while Big Tech shares […]

U.S. tire company Bridgestone offers employees US$100 to vaccinate

NASHVILLE — Bridgestone said Wednesday it will offer its 33,000 U.S. employees $100 payments to get vaccinated against COVID-19, joining a group of large companies offering incentives for the shots. The tire company is also exploring the possibility of similar programs for employees in Canada and Latin America, according to a news release. Bridgestone has […]

From vaccines to puppies: Don’t fall for these pandemic scams – National

One of the most current financial scams that target seniors involves a caller asking people for their financial information to book a COVID-19 vaccine appointment. Financial investment expert Kelley Keehn says fraudsters are often looking for something new they can hone in on when it comes to scams. She says in this vaccine scam […]