News/Business (Page 42)

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. Consumer and health news you need from the week Dexter McMillan · CBC News · Posted: Sep 08, 2024 8:00 AM EDT | Last Updated: 5 hours ago Noel, left, and Liam Gallagher of OasisContinue Reading

Business The U.S. National Highway Traffic Safety Administration said a software malfunction may result in the anti-lock brake system control module disabling the electronic stability control system. Stellantis says software problem in anti-lock brake system could increase crash risksThomson Reuters · Posted: Sep 07, 2024 1:55 PM EDT | LastContinue Reading

Business·Analysis Canada’s unemployment rate rises to 6.6%, sparking concernsCanada’s unemployment rate has climbed to the highest level seen since 2017, excluding the COVID era. It’s just the latest economic indicator flashing red and puts yet more pressure on the Bank of Canada to accelerate rate cuts. The Bank of CanadaContinue Reading

Business Canada’s unemployment rate increased to 6.6 per cent in August as students continued to face a difficult summer hiring season. For many of those with jobs, wages rose, Statistics Canada saysThe Canadian Press · Posted: Sep 06, 2024 8:59 AM EDT | Last Updated: September 6 Workers walk throughContinue Reading

Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts targeting the brands as symbols of America, and by extension Israel, atContinue Reading

Business In its third consecutive cut since June, the Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, citing the continued easing of inflation. But some experts say this pace of cuts is too gradual, and that more decisive action is needed. This is central bank’sContinue Reading

Business The Dutch data protection watchdog on Tuesday issued facial recognition startup Clearview AI with a fine of 30.5 million euros ($45.6 million Cdn) over its creation of what the agency called an “illegal database” of billions of photos of faces. The Dutch data protection watchdog said Tuesday that facialContinue Reading

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. Consumer and health news you need from the week Dexter McMillan · CBC News · Posted: Sep 01, 2024 8:00 AM EDT | Last Updated: 3 hours ago Darren Chu, managing director of Calgary-based UtilityContinue Reading

Business Canada’s gross domestic product grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell for the fifth consecutive quarter, Statistics Canada said on Friday. Growth was better than expected but ‘underlying reality is less impressive’ Jenna Benchetrit · CBC News · Posted:Continue Reading