News/Business (Page 21)

Business Some are grieving; some will dance on its grave. Hershey Canada says it’s discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk chocolate. Divisive, Canadian-made chocolate treats came in iconic yellow packaging Jenna Benchetrit · CBC News · Posted: Jan 17, 2025 2:26Continue Reading

Business A Bank of Canada internal review found that the extraordinary measures it took during the pandemic could have been communicated more clearly, including an explanation of how its actions would be eased after a crisis has passed. Report also says that bank underestimated strength of inflation in 2021-2022The Canadian PressContinue Reading

Business Apple is pulling a feature that uses artificial intelligence to produce summaries of news stories after it repeatedly sent out error-ridden headlines, drawing the ire of news organizations like the BBC and the Washington Post. Feature attributed wrong headlines to news organizations like BBC, Washington Post Jenna Benchetrit ·Continue Reading

Business Canada’s housing market saw a two per cent increase in the number of new homes in construction in 2024. Alberta, Quebec and the Atlantic provinces saw a rise in new home construction last year Berly Thomas · CBC News · Posted: Jan 16, 2025 2:54 PM EST | LastContinue Reading

Business The U.S. Supreme Court upheld a ban of social media platform TikTok on Friday. Whether the ban will be enforced is still up in the air, but the Chinese-owned platform is preparing to go dark on Sunday — and Americans who use the app might start to notice some changes. App will likelyContinue Reading

Business A chocolate bar sold by the Swiss company Milka has been recalled across Canada for containing undeclared hazelnuts, according to the Canadian Food Inspection Agency. Chocolate bar is sold across Canada and online via Amazon Jenna Benchetrit · CBC News · Posted: Jan 16, 2025 9:06 AM EST |Continue Reading

Business Trump’s inaugural fund is reportedly the largest in recent history, having raised more from corporate donors than any other inauguration in the last 16 years. The donations, while symbolic, show that some corporations are vying for a friendly relationship with the president-elect and his incoming administration. ‘Stigma is gone’Continue Reading

Business Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company’s Loulo-Gounkoto complex. Dispute escalates as military-led government moves $245M in gold to custodial bankCBC News · Posted: Jan 15, 2025 5:27 PM EST | Last Updated: JanuaryContinue Reading

Business The number of homes that changed hands across the country in December was up 19.2 per cent compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025. Solid home sales gain expected, but couldContinue Reading