News/Business (Page 47)

Business The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. ‘Drip pricing’ violates consumer protection laws, says D.C. attorney generalThe Associated Press · Posted: Jul 31, 2024 10:08 AM EDT |Continue Reading

Business Canada’s economy grew 0.2 per cent in May, Statistics Canada said on Wednesday. Latest rise comes after GDP increased 0.3% in April Jenna Benchetrit · CBC News · Posted: Jul 31, 2024 8:37 AM EDT | Last Updated: July 31 Cars are parked at the Toyota Motor Manufacturing plantContinue Reading

Business Once a delicacy found only in Asian specialty stores, the Korean frozen dessert bar brand Melona eventually became a staple in Canadian grocery stores. But shoppers and suppliers have notices that they’ve recently disappeared. CBC News looks into what’s behind the missing treats. Export of the icy treats halted afterContinue Reading

Business Global disruption hits Microsoft’s 365 and Azure servicesCustomers worldwide were unable to connect with Microsoft’s 365 services and its cloud platform Azure on Tuesday, a problem the company says it is investigating and which has now been partly resolved.  Number of reports surged just before 9 a.m. ET, accordingContinue Reading

Business Scotiabank says it has resolved the issue that prevented paycheques from being deposited in customer accounts and clients will start seeing payments land in their accounts. Users still reporting that the bank’s mobile banking application is down Jenna Benchetrit · CBC News · Posted: Jul 26, 2024 10:34 AMContinue Reading

Business Walmart Canada said on Thursday it invested $53 million to increase hourly wages for about 40,000 of its store associates earlier this month. Retailer also increasing investments to retain employees in the U.S.Thomson Reuters · Posted: Jul 26, 2024 9:17 AM EDT | Last Updated: July 26 Walmart CanadaContinue Reading

Business More than 97 per cent of Windows sensors are back online, CrowdStrike’s CEO George Kurtz said on Thursday, nearly a week after a software update by the cybersecurity firm triggered a global outage. Microsoft said about 8.5 million Windows devices were affected by outageThomson Reuters · Posted: Jul 26, 2024Continue Reading

Business Without mentioning boycott, Loblaw execs suggest it was a factor in weaker food salesDuring the company’s second quarter earnings call on Thursday morning, Loblaw executives fielded questions from analysts about the grocery giant’s soft food retail sales — and whether a boycott organized online had impacted the company’s profits at all.Continue Reading

Business Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme. ‘This should have never happened,’ CEO Galen Weston says in apologyThe Canadian Press · Posted: Jul 25, 2024Continue Reading