Regional unemployment rate dips below 4 per cent

Meanwhile, 16,000 jobs were added in British Columbia in November but the unemployment rate rose by 0.3 percentage points to 4.4 per cent after holding a rate of 4.1 in October. But the opposite has been happening - wage growth has dropped every mo... More..

by | Published more than a month ago
Amazon targets airports for new checkout-free stores
by | Sunday, December 09, 2018

Amazon targets airports for new checkout-free stores

Public records requests to several other airports revealed that " Amazon is evaluating top USA airports for new locations". "Yes. Thanks!" the concessions official replied. More than 350 million passengers b...More..

US Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low
by | Sunday, December 09, 2018

US Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low

Within healthcare, ambulatory healthcare services showed the most employment growth last month, adding 19,200 jobs. Sectors in which employment expanded included health care (up 32,000 jobs); professional and...More..

Skoda has introduced a new hatchback of a Golf class Scala
by | Sunday, December 09, 2018

Skoda has introduced a new hatchback of a Golf class Scala

The new auto - SCALA means "ladder" or "stairs" in Latin they tell me - is due in Ireland next June so it will make it for the 192-reg plate season. Scala is a Latin word that means "ladder", and represents Sk...More..

Bank of Canada maintains key interest rate at 1.75 percent
by | Saturday, December 08, 2018

Bank of Canada maintains key interest rate at 1.75 percent

The bank's overnight interest rate stays at 1.75 percent, still well below the "neutral" rate of 2.5-3.5 percent where monetary policy is neither stimulative or accommodative. Recent data, the bank noted, also ...More..

ESL Plans $4.6 Billion Bid for Sears Holdings
by | Saturday, December 08, 2018

ESL Plans $4.6 Billion Bid for Sears Holdings

It then said it would shutter 142 unprofitable stores in the hopes that it could stay in business. ESL made its intent known in a regulatory filing with the Securities and Exchange Commission. The company's...More..

France Has Highest Taxes of Any Wealthy Country, Says OECD
by | Saturday, December 08, 2018

France Has Highest Taxes of Any Wealthy Country, Says OECD

In the meantime, GDP fell by 25% when tax revenue from USD 95.9 billion in 2010 was USD 71.6 billion in 2015 and skyrocketed to USD 78.9 billion in 2017. Macron's government, which aims to gradually reduce the ...More..

Lyft files for IPO, beating out rival Uber
by | Saturday, December 08, 2018

Lyft files for IPO, beating out rival Uber

However, sources told Reuters that the IPO would take place in the first half of next year. The two IPOs will give investors their first chance to buy stakes in the ride-hailing phenomenon that has transforme...More..

by | Saturday, December 08, 2018

Trump says China trade talks 'going very well'

But consumers are also paying a price, according to Tariffs Hurt the Heartland, a lobbying coalition of manufacturing, farming and technology groups. 01, 2018. On Thursday and again on Friday , Trump twe...More..

Fiat Chrysler announces plans to open new factory in Detroit
by | Saturday, December 08, 2018

Fiat Chrysler announces plans to open new factory in Detroit

It would be the first new assembly line to open in Detroit in 27 years, and the first new USA assembly plant to be built by GM, Ford and Chrysler in more than a decade. Sales of the Ram line jumped 44 p...More..

Marlboro maker Altria Group places $2.6 billion bet on marijuana
by | Saturday, December 08, 2018

Marlboro maker Altria Group places $2.6 billion bet on marijuana

Canada legalized recreational cannabis in October. In June, British tobacco giant Imperial Brands was among investors taking a stake in Oxford Cannabinoid Technologies, a United Kingdom-based medical cannabi...More..

Southwest Airlines Plane Slides Off Runway in Burbank During Landing
by | Saturday, December 08, 2018

Southwest Airlines Plane Slides Off Runway in Burbank During Landing

Although the cause of the overrun has yet to be determined, the airport was reporting inclement weather conditions at the time of the event. "The Southwest Team is working diligently to get Customers to their...More..

Australia encrypted data bill passes first hurdle
by | Saturday, December 08, 2018

Australia encrypted data bill passes first hurdle

But in Australia, even that may not be enough. "Should governments continue to encounter impediments to lawful access to information necessary to aid the protection of the citizens of our countries, we may pu...More..

Aston Martin unveils reversible EV conversion for classics
by | Saturday, December 08, 2018

Aston Martin unveils reversible EV conversion for classics

The cassette contains the battery, motor and electric control units and features external cables that feed power to the car's various electrical systems. This electrification concept has been led by Aston Ma...More..

New Jeep Wrangler Disappoints With 1 Star In Europe NCAP Crash Tests
by | Saturday, December 08, 2018

New Jeep Wrangler Disappoints With 1 Star In Europe NCAP Crash Tests

You can dive deep into the Euro NCAP website to read the entire report on the Wrangler , but I'll dish out a few salient details here. Other safety equipment includes driver and passenger airbags, side head ...More..

Gov. Cooper orders flags fly half-staff in remembrance of George HW Bush
by | Saturday, December 08, 2018

Gov. Cooper orders flags fly half-staff in remembrance of George HW Bush

President Donald Trump is expected to attend. He will also designate Wednesday as a national day of mourning. The chairman of the National Governor's Association at the time was then-Arkansas Gov. Bush Sr was...More..

'China talks are going very well'
by | Friday, December 07, 2018

'China talks are going very well'

Asked to confirm whether Beijing promised to buy American goods immediately, Gao said China will "immediately implement the consensus reached by the two sides on farm products, cars and energy". China and the U...More..

China prepares to resume LNG and soybean imports from the US
by | Friday, December 07, 2018

China prepares to resume LNG and soybean imports from the US

On Wednesday, the Global Times tabloid, which is run by the Chinese Communist Party's main newspaper, said the Trump administration's statements about the deal - including the agreement that China would buy...More..

The
by | Friday, December 07, 2018

The "yield curve" is inverting (gasp!) - should investors freak out?

But when investors are anxious that growth will fall off sharply, perhaps as a result of the Federal Reserve pushing short-term rates higher, they're willing to accept less in interest for a Treasury maturi...More..

VW's next-gen cars could be its last with internal combustion engines
by | Friday, December 07, 2018

VW's next-gen cars could be its last with internal combustion engines

Volkswagen has already committed to made a shift toward battery-driven vehicles in the wake of a damaging diesel-emissions cheating scandal in 2015, which forced the carmaker to pay more than 27 billion euros i...More..

Free Cheesecake Today From The Cheesecake Factory
by | Friday, December 07, 2018

Free Cheesecake Today From The Cheesecake Factory

What's happening: In celebration of their 40th anniversary, The Cheesecake Factory is giving away 40,000 slices of free cheesecake via DoorDash. The huge slew of orders led to the restaurant being swamped with...More..

Get a Burger King Whopper for only a penny
by | Friday, December 07, 2018

Get a Burger King Whopper for only a penny

But, and here comes the sneaky part, customers have to be using the Burger King app to order - and be at a McDonald's . The one-cent Whopper promotion runs from now until Wednesday, December 12th. Another pe...More..

China demands release of Huawei executive arrested in Canada
by | Friday, December 07, 2018

China demands release of Huawei executive arrested in Canada

US prosecutors in NY have been investigating whether Huawei violated USA sanctions in relation to Iran. News of her detention rippled through Asian stock markets, with Shanghai and Hong Kong falling and t...More..

US stocks tumble on US-China trade jitters, oil price slide
by | Thursday, December 06, 2018

US stocks tumble on US-China trade jitters, oil price slide

Jasper Lawler, head of research at London Capital Group, responded: "Traders have quickly moved out of riskier assets reflecting nerves that the arrest is likely to escalate tensions between the U.S. Japan's ...More..

What We Know About George H.W Bush's Funeral Services
by | Thursday, December 06, 2018

What We Know About George H.W Bush's Funeral Services

Trump also announced that he'll be sending one of the Boeing 747s that serves as Air Force One to Houston to transport Bush's casket to Washington, D.C. "He was preceded in death by his wife of 73 years, Barbar...More..

Oil Prices as Stockpiles Rise
by | Thursday, December 06, 2018

Oil Prices as Stockpiles Rise

The price of Brent has slumped by more than 30 percent from a four-year high above $86 in early October, pressured by concerns that supply will exceed demand in 2019 as economic growth slows. This weekend, Puti...More..

Trump asks OPEC not to cut production
by | Thursday, December 06, 2018

Trump asks OPEC not to cut production

Saudi Arabia has indicated it wants the Organization of the Petroleum Exporting Countries and its allies to cut output by at least 1.3 million barrels per day, or 1.3 percent of global production. Those differe...More..

by | Thursday, December 06, 2018

Stocks fall as declining United States yields, trade woes knock sentiment

The spread between the 10-year yield over its 2-year counterpart also shrank to the smallest since the start of the financial crisis in January 2008, signaling to some investors an approaching USA economic slow...More..

RBI keeps key policy rates on hold as uncertainties loom
by | Thursday, December 06, 2018

RBI keeps key policy rates on hold as uncertainties loom

In its last monetary policy in October, RBI had maintained status quo on the benchmark interest rate but warned that volatile and rising oil prices, and tightening of global financial conditions pose substantia...More..

Dow Jones falls almost 800 points amid trade war, recession fears
by | Thursday, December 06, 2018

Dow Jones falls almost 800 points amid trade war, recession fears

The Dow Jones Industrial Average lost 799.36 points, or 3.1%. ASIA'S DAY: Hong Kong's Hang Seng index fell 1.6 percent to 26,819.58 and the Shanghai Composite Index declined 0.6 percent to 2,649.81. About 9...More..