P.A., Canada gain jobs, Sask. Sees slight drop

Good news on the jobs front in Prince George. "That blew past expectations for a modest 5,000 gain", said Royce Mendes, an economist with CIBC Economics. In the Calgary census metropolitan area, the unemployment rate fell to 7.3 per cent from 7.5 per... More..

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National Pizza Day 2019: Where to find free and cheap pizza today
by | Sunday, February 10, 2019

National Pizza Day 2019: Where to find free and cheap pizza today

On February 9th be sure to ask the cashier for the National Pizza Day Offer and you'll be treated to a free upgrade of your large pizza to an extra large. We will do our best to keep this list up to date thro...More..

Jaguar Land Rover Bleeds $4.4 Billion In 4th Quarter Over Trade Tensions
by | Sunday, February 10, 2019

Jaguar Land Rover Bleeds $4.4 Billion In 4th Quarter Over Trade Tensions

Last month JLR said it would cut about 10 percent of its 42,500-person workforce, mostly in its home market. The home-grown automaker recorded its biggest ever quarterly loss for the December quarter at Rs 26,9...More..

German regulator bans Facebook from sharing data from WhatsApp, Instagram
by | Saturday, February 09, 2019

German regulator bans Facebook from sharing data from WhatsApp, Instagram

Facebook announced it will appeal the decision, lamenting the " fierce competition we face in Germany " and insisting the company is in compliance with both the GDPR and other European data protection laws...More..

RBI cuts inflation forecast to 2.8% for Q419
by | Saturday, February 09, 2019

RBI cuts inflation forecast to 2.8% for Q419

Its shock downgrade compares with 1.7 per cent predicted in November, while the Bank also cut its outlook for 2020 to 1.5 per cent. Mr Carney cautioned that the "fog" of Brexit was increasing the chances of...More..

Amazon reconsidering NYC location, according to report | Digital
by | Saturday, February 09, 2019

Amazon reconsidering NYC location, according to report | Digital

It looks like Rep. Alexandria Ocasio-Cortez (D-N.Y.) (shown above left) might have her way after all - Amazon is reconsidering building its second headquarters in New York City, according to a report from Th...More..

BB&T, SunTrust announce merger
by | Saturday, February 09, 2019

BB&T, SunTrust announce merger

The deal pays SunTrust shareholders 1.295 BB&T shares for each SunTrust share they own, according to a joint statement released Thursday morning. RBC and Wachtell, Lipton, Rosen & Katz advised BB&T while ...More..

French Senate rejects tougher telecoms controls despite U.S. Huawei warning
by | Saturday, February 09, 2019

French Senate rejects tougher telecoms controls despite U.S. Huawei warning

But the company's presence has sparked fears of Chinese espionage, with Defence Secretary Gavin Williamson warning past year he had "very deep concerns" about the firm's role in the UK. A spokesman from the Nat...More..

China still General Motors' biggest market
by | Friday, February 08, 2019

China still General Motors' biggest market

General Motors Company (NYSE:GM)'s price to earnings ratio stood at 6.67. The company's revenue was up 1.8% compared to the same quarter past year. In the same vein, SSgA Funds Management Inc increased its Squ...More..

Twitter 1Q revenue forecast misses estimates
by | Friday, February 08, 2019

Twitter 1Q revenue forecast misses estimates

Management's decision to prioritize the health of its platform is part of its commitment to remove "questionable accounts". However, higher operating operating expenses are expected to cut into Twitter's marg...More..

Bezos Says National Enquirer Tried to Blackmail Him With Intimate Photos
by | Friday, February 08, 2019

Bezos Says National Enquirer Tried to Blackmail Him With Intimate Photos

The story spilled into public on January 9 when Bezos and his wife, MacKenzie , revealed they would be divorcing after 25 years of marriage - roughly two days after the Enquirer had informed him it would...More..

Tesla cuts Model 3 price again as tax credit is phased out
by | Thursday, February 07, 2019

Tesla cuts Model 3 price again as tax credit is phased out

Tesla didn't comment on why it stopped this loyalty program, however, customers still hope that the Model 3 vehicle will be available at a more accessible price soon. "It's a super hard grind", he wrote. Musk...More..

India central bank cuts rates ahead of election
by | Thursday, February 07, 2019

India central bank cuts rates ahead of election

The MPC noted that retail inflation will remain soft in the near term. Assuming a normal monsoon in 2019, headline inflation estimates are revised downwards to 2.8 per cent in Q4, FY19, 3.2-3.4 per cent in th...More..

Oil slips on API report of US inventory rise
by | Thursday, February 07, 2019

Oil slips on API report of US inventory rise

Still, "more hard work is needed to turn this market unreservedly bullish". Providing global markets with price support are supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) aime...More..

Oil Edges Up As Market Eyes Tighter Supply
by | Thursday, February 07, 2019

Oil Edges Up As Market Eyes Tighter Supply

However, US crude stocks rose last week even as refineries boosted output, while gasoline and distillate stocks increased, data from industry group the American Petroleum Institute showed on Tuesday. If sanctio...More..

State of the Union: Trump vows to end China's job 'theft'
by | Wednesday, February 06, 2019

State of the Union: Trump vows to end China's job 'theft'

Countries that are expected to benefit the most from the trade war are the European Union members as exports in the bloc are likely to grow by United States dollars 70 billion. But the Obama administration an...More..

GM moving ahead with salaried job layoffs, says modest number in Canada
by | Tuesday, February 05, 2019

GM moving ahead with salaried job layoffs, says modest number in Canada

GM said that the employees who are laid off will be offered severance packages and job placement services. General Motors will begin the process of terminating over 4,000 salaried workers on Monday, Februar...More..

Canada’s Sunrise Records to buy failing HMV
by | Tuesday, February 05, 2019

Canada’s Sunrise Records to buy failing HMV

A further 122 employees at warehouses will be retained to assist in winding-down operations. Among them was Sunrise Records , a Hamilton-based music store chain led by Doug Putman , which bought HMV's Cana...More..

State of the Union Address: Unity or Emergency? - Mish Talk
by | Tuesday, February 05, 2019

State of the Union Address: Unity or Emergency? - Mish Talk

Samet later defended Trump from accusations he is inciting anti-Semitism and increased nationalism and said: "I love him for what he's doing". A makeshift memorial stands outside the Tree of Life synagogu...More..

Digital ads lift Google but shares hit by costs
by | Tuesday, February 05, 2019

Digital ads lift Google but shares hit by costs

Alphabet reported net income of $8.95 billion for the fourth quarter , with earnings per share coming in at $12.77, exceeding analysts' forecasts of $11.08 per share. When shoppers hunt for holiday gifts, ...More..

Founder of crypto exchange dies taking only password (and $190M) with him
by | Tuesday, February 05, 2019

Founder of crypto exchange dies taking only password (and $190M) with him

In an affidavit , the widow of Gerald Cotten, Quadriga's founder, CEO and sole director, said he died suddenly on December 9 due to complications from Crohn's disease. Cotten's widow said she had an expert t...More..

Elon Musk shows off first firing of SpaceX's Starship Raptor engine
by | Tuesday, February 05, 2019

Elon Musk shows off first firing of SpaceX's Starship Raptor engine

Last year, Japanese billionaire Yusaku Maezawa was announced as SpaceX's first private traveller on the moon trip, scheduled to take place in 2023. Even though the test firing propels the Raptor around the ...More..

GM set to begin 4,000 white collar layoffs on Monday
by | Monday, February 04, 2019

GM set to begin 4,000 white collar layoffs on Monday

Since then, the company has cut about 1,500 contract jobs and more than 2,250 workers have taken a voluntary buyout, the report said. A source inside this company assured NBC News that while these layoffs w...More..

May says she is
by | Monday, February 04, 2019

May says she is "armed with fresh" Brexit mandate

Britain's Prime Minister Theresa May and her husband Philip leave a church near Maidenhead, Britain February 3, 2019. The head of government wrote in the newspaper: "I'm going to be armed with a fresh mandate...More..

Huawei 'distrust' and 'irrational' United States trade war slammed by leading Chinese academic
by | Monday, February 04, 2019

Huawei 'distrust' and 'irrational' United States trade war slammed by leading Chinese academic

Huawei faces global scrutiny over its ties with the Chinese government and allegations that Beijing could use Huawei's technology for spying , which the company denies. In today's globalised world, all major I...More..

Foxconn again shifts Wisconsin plans after Trump intervenes
by | Sunday, February 03, 2019

Foxconn again shifts Wisconsin plans after Trump intervenes

Hintz said the state hasn't paid out the incentives that are associated with employment and with capital investment, which could total to $4 billion of taxpayer money. The latest Foxconn statement did not say w...More..

BP Backs Shareholder Climate Proposal
by | Sunday, February 03, 2019

BP Backs Shareholder Climate Proposal

Bruce Duguid, head of stewardship at investment firm Hermes EOS, praised BP's decision to disclose its carbon output. BP Chairman Helge Lund said the company wants to solve "the dual challenge" of providing...More..

Reliance Communications opts for insolvency route after failing to repay debt
by | Sunday, February 03, 2019

Reliance Communications opts for insolvency route after failing to repay debt

The decision was taken after a meeting called for by RCom's Board of Directors on Friday to review the progress of the company's debt resolution plans. Over twelve months, talks with forty lenders to reach a co...More..

The US economy added 304,000 jobs in January, a surprisingly strong month
by | Sunday, February 03, 2019

The US economy added 304,000 jobs in January, a surprisingly strong month

Falling confidence can cause consumers to restrain their spending, though economists note that confidence typically returns quickly after shutdowns end. The workers who took part-time jobs during the shutdown...More..

Amazon sales outlook falls short after record holiday quarter
by | Sunday, February 03, 2019

Amazon sales outlook falls short after record holiday quarter

The midpoint of the revenue-growth guidance , 14 percent, would represent the slowest quarterly growth at Amazon since at least 2012. The company forecast net sales of between $56 billion and $60 billion f...More..

Unilever Posts 3.1% Sales Growth In Full-Year 2018
by | Sunday, February 03, 2019

Unilever Posts 3.1% Sales Growth In Full-Year 2018

Unilever's new chief executive officer, Alan Jope , told analysts in his first post-results call as CEO the results are "solid" but admitted increasing the speed of growth is crucial for the business. Not...More..

China factory activity shrinks in January
by | Sunday, February 03, 2019

China factory activity shrinks in January

The official Purchasing Managers' Index edged up to 49.5 in January from 49.4 in December, better than the expected 49.3 though still below the 50-mark separating growth from contraction on a monthly basis, poi...More..

Italy falls back into recession, outlook for Europe darkens
by | Saturday, February 02, 2019

Italy falls back into recession, outlook for Europe darkens

Italy's GDP has been falling for two quarters in a row, with the key economic index dropped by 0.1 percent quarter-on-quarter from July to September, Istat specified. "It's a transitory factor", Conte said at ...More..

Moment of Brazil dam collapse caught on camera
by | Saturday, February 02, 2019

Moment of Brazil dam collapse caught on camera

Newly released footage shows the moment a dam collapsed in Brazil , sending a river of mud across the nearby town of Brumadinho. The same amount was frozen on Monday, after the state's Public Ministry of Lab...More..

British to get visa-free travel in Europe even with no deal
by | Saturday, February 02, 2019

British to get visa-free travel in Europe even with no deal

The Government says the global legal status of Gibraltar is a matter of fact, pointing out that it is listed as a "non-self-governing territory" by the UN. For a short stay visit - up to 90 days out of any 180 ...More..