News/Business (Page 25)

Business U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that Tokyo-based SoftBank would invest $100 billion US in the country over the next four years in what they said would be a boost to its economy. Investment to create 100,000 jobs focused on AI, relatedContinue Reading

Business The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains. Number of homes sold in November rose 26 per cent from a year ago, says CREAThe Canadian PressContinue Reading

Business A U.S. federal appeals court on Friday left in place a mid-January deadline for TikTok to be sold or face a ban in the United States, rejecting the company’s request for a delay until the Supreme Court reviews its challenge. Government has said it sees app owned by China-basedContinue Reading

Business With the federal government’s GST holiday kicking in Saturday, small retailers say they’re preparing as best as they can for what could be a period of shopping chaos. Small business lobby groups concerned the policy will cause chaos and confusion for retailers and consumers Jenna Benchetrit · CBC News ·Continue Reading

Business·Analysis Bitcoin has climbed above $100,000 US since Donald Trump won the presidential election. Now, he’s filling his administration with pro-crypto advisers, and seems to be backing the idea of a bitcoin reserve held by the U.S. Treasury. Analysts say that could boost the price by another 50 per cent.Continue Reading

Business A small claims court has ordered Air Canada to pay a couple $10,000, after an overbooked flight resulted in the two being sent to multiple Canadian airports under the promise of a replacement flight that never materialized, ruining a vacation that had been planned for years.  The couple hadContinue Reading

Business The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank. Former employee, 24, allegedly assisted money laundering networkThe Canadian Press · Posted: Dec 11, 2024 2:52 PM EST | Last Updated: December 11 AContinue Reading

Business Several batches of the popular granola bar brand MadeGood have been recalled by its parent company over concerns that the bars may contain metal fragments. Recalled products were made between January and November 2024 Jenna Benchetrit · CBC News · Posted: Dec 11, 2024 10:04 AM EST | LastContinue Reading

Business The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward. Macklem says bank has highlighted Trump tariff threats as a potential risk Jenna Benchetrit · CBC News · Posted: Dec 11, 2024 9:51Continue Reading