Wednesday, November 13, 2024
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Retail sales up slightly in August as consumer spending remains muted

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OTTAWA — Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales,...
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Another bad quarter for NYCB shows CRE problems are not yet behind banks

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Regional lender New York Community Bancorp (NYCB) offered a new reminder Friday that commercial real estate problems are not totally...
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Auto dealer groups to challenge Scout Motors decision to sell directly to US consumers

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(Reuters) - Groups representing U.S. auto dealers said Friday they plan to challenge Volkswagen's Scout Motors decision to sell directly...
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Ex-Abercrombie & Fitch head to be arraigned on sex trafficking and prostitution charges

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CENTRAL ISLIP, N.Y. (AP) — The former CEO of Abercrombie & Fitch is expected to be arraigned Friday on federal...
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Elon Musk might be hurting Donald Trump more than helping: YF survey

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Republican presidential candidate Donald Trump seems to be getting a big assist from the world’s richest person in the crucial...
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World Bank gears up to launch debut debt-for-development swap, treasurer says

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By Karin Strohecker WASHINGTON (Reuters) - The World Bank will launch its first ever debt-for-development swap within weeks, its Vice...
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Colgate-Palmolive lifts lower end of 2024 results forecast on steady demand

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(Reuters) - Toothpaste maker Colgate-Palmolive raised the lower end of its annual sales and profit forecasts on Friday, after beating...
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AI is being used to send some households impacted by Helene and Milton $1,000 cash relief payments

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Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that...
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Corus Entertainment reports Q4 loss, signs amended debt deal with banks

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TORONTO — Corus Entertainment Inc. reported a fourth-quarter loss compared with a profit a year ago as its revenue fell...
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Russia’s central bank raises interest rate to 21% to fight inflation boosted by military spending

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MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high...
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Working a side hustle? Here’s what you need to know when it comes to taxes

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Financial pressure is driving more Canadians to find additional sources of income, according to a study of over 1,500 Canadians...
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Volkswagen has still not presented future plan for brand, says works council boss

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FRANKFURT (Reuters) - Volkswagen has so far not presented a plan for how to make its namesake brand more competitive,...
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