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SoftBank could take control of WeWork

Mon, 10/14/2019 - 08:56

Japanese investment firm SoftBank could take control of WeWork as part of a financial package to address the company's cash crunch since its botched effort to sell the public its stock, according to The Wall Street Journal.

Alamos Gold halts construction at Turkish project amid protests

Mon, 10/14/2019 - 08:36

Alamos Gold has halted construction work at its Kirazli project in western Turkey, the Canadian gold miner said on Monday, after its mining concessions expired on Sunday amid protests against the project.

Little environmental backlash to semi-solid Alberta bitumen shipment despite B.C. tanker ban

Mon, 10/14/2019 - 05:00

News of the first shipment of semi-solid Alberta bitumen to international markets from a B.C. port is facing minimal backlash from environmental groups.

How a P.E.I. couple went from being on EI to providing 50 jobs at their clam factory

Mon, 10/14/2019 - 04:00

From collecting EI in the off-season to starting their own company: A P.E.I. couple that started selling bottled clams from a building in their backyard four years ago now employs more than 50 people.

Nobel in economics awarded to 3 based in U.S. for work on alleviating global poverty

Mon, 10/14/2019 - 03:25

The Nobel in economics has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer, all based in the U.S., "for their experimental approach to alleviating global poverty."

Prairies 'bright spot' in Canadian cannabis market as legalization anniversary nears, expert says

Mon, 10/14/2019 - 01:00

After nearly a full year of legalized recreational cannabis, "Manitoba and Saskatchewan are making Ontario and Quebec look very bad," in terms of sales, says industry analyst Chris Damas.

Canada's top plastic polluters, service centres under scrutiny: CBC's Marketplace consumer cheat sheet

Sun, 10/13/2019 - 06:00

CBC's Marketplace rounds up the consumer and health news you need from the week.

Beyond Meat drops claims that eating meat ups risk of heart disease, cancer

Sun, 10/13/2019 - 01:00

Beyond Meat has dropped from its website statistics about the health risks of eating meat. The move follows criticism from experts about the company's health claims, but Beyond Meat said it's simply updating its site.

How it suddenly became chill to tax Netflix and other web giants

Sat, 10/12/2019 - 01:00

Let's take a closer look at the three issues that sometimes get lumped together under the heading of a "Netflix tax."

How board members at Alberta Energy Regulator were duped repeatedly

Sat, 10/12/2019 - 01:00

If business school professors are looking for new material about the importance of having an effective board of directors, the Alberta Energy Regulator provides a gripping case study of what not to do.

MasterCard, Visa exit Facebook's Libra digital currency plan

Fri, 10/11/2019 - 14:16

Visa and MasterCard are dropping out of Facebook's Libra project, a potentially fatal blow to the social network's plan for a worldwide digital currency.

General Motors appeals directly to employees as strike losses mount

Fri, 10/11/2019 - 09:37

General Motors Co. took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker's latest offer aimed at ending a month-long strike, angering the union with which it is negotiating.

Trump sees 'good things' in trade talks, China dangles partial deal

Fri, 10/11/2019 - 08:59

U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day, while Beijing indicated it was open to a "partial" deal that would avoid a planned hike in tariffs on its goods this month.

United Airlines cancels plans to return Boeing 737 Max jets to service this year

Fri, 10/11/2019 - 08:13

United Airlines is the third and final U.S. airline to give up plans to return a grounded Boeing plane to service this year.

Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires

Fri, 10/11/2019 - 07:29

Hyundai Motor Co. and affiliate Kia Motors Corp. have earmarked 900 billion won ($758 million US) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea.

Canada added 54,000 jobs in September, StatsCan says

Fri, 10/11/2019 - 05:58

Canada's economy added 54,000 jobs in September, bringing the unemployment rate down to 5.5 per cent from 5.7 per cent, according to Statistics Canada.

Health Canada issues safety alert, prohibits the sale of some ethanol-fuelled firepots

Fri, 10/11/2019 - 01:00

This week, Health Canada alerted consumers, retailers and manufacturers that certain types of firepots and portable fireplaces are now prohibited. The department said it has received reports of 12 flame-jetting incidents resulting in two deaths and 26 burn injuries.

Not many young Canadians expect a woman as CEO, survey suggests

Fri, 10/11/2019 - 01:00

While progress is being made to shrink the leadership gender gap, many young Canadians still picture a man when they think of a modern-day CEO. A new online survey found that only 10 per cent of Canadian youth envision a woman when they think of a CEO. 

Why 4 websites give you 4 different credit scores — and none is the number most lenders actually see

Fri, 10/11/2019 - 01:00

It's easier than ever to check your credit score online, but a new Marketplace investigation reveals there's a catch. Find out what happened when we had three people check their credit score using four different websites.

Cracks found in 38 of 800 Boeing 737 NG jets inspected globally

Thu, 10/10/2019 - 09:54

Boeing Co said Thursday that airlines had inspected 810 of the company's 737 NG jets around the world, and found 38 structural cracks requiring repair and replacement.


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