News/Business (Page 6)

Business Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire’s reign and significantly dimming the possibility that the business dating back to 1670 will stay alive. Court filing says sell-off to begin Friday, effectively ending theContinue Reading

Business The companies were fined in separate cases as the European Union steps up enforcement of its Digital Markets Act, a sweeping rulebook that amounts to a set of do’s and don’ts designed to prevent Big Tech “gatekeepers” from cornering digital markets. Both companies, which were fined in separate cases,Continue Reading

Business Tesla shares rose over five per cent on Wednesday after CEO Elon Musk said he would cut back his work for U.S. President Donald Trump to a day or two per week from sometime next month. Tesla shares rebound after Musk comments, disappointing Q1 earnings reportThomson Reuters · Posted:Continue Reading

Business Hudson’s Bay Co. has stopped paying commission to hundreds of cosmeticians and fragrance advisers during liquidation sales, effectively reducing their salaries. Union has filed a grievance against retailer, arguing it’s violating members’ collective agreement Sophia Harris · CBC News · Posted: Apr 22, 2025 11:45 AM EDT | LastContinue Reading

Business U.S. President Donald Trump has been mounting attacks against the Federal Reserve chair, Jerome Powell, for his refusal to cut interest rates further. But the president’s power over the independent central banker isn’t so clear cut. The U.S. president has been mounting attacks against Powell for his refusal toContinue Reading

Think you’ve found a great deal on TikTok to buy Lululemon or Louis Vuitton directly from the factory? Experts say you might want to think again about how real the claims in that video are. In recent days, social media users claiming to have an inside scoop on how and whereContinue Reading

Business Wall Street weakened Monday as investors worldwide became more skeptical about American investments, something many economists suggest is due to Trump’s trade war and ongoing criticism of the Federal Reserve. The S&P 500 sank 2.4 per cent, the Dow Jones Industrial Average dropped 2.5 per cent and the Nasdaq compositeContinue Reading

Business A program announced this week to help some Canadian businesses faced with expensive counter-tariffs might not be enough to entirely spare some manufacturing firms from damage, say observers. And one such company in rural Manitoba is already feeling the bite.  Ottawa’s temporary relief on counter-tariffs might not be enough, CEO saysContinue Reading

Business Documents like T4 slips are still not available digitally in some cases, slowing down the filing process for Canadians and tax professionals alike. While some digital slips missing through CRA, copies can be accessed through employer, financial institutions Abby Hughes · CBC News · Posted: Apr 17, 2025 11:59Continue Reading