Markets
Rents in most Canadian cities are unaffordable for lower-income earners, behold says
- July 20, 2019
The report also assumes the rule of thumb that a person should spend no more than 30 per cent of income on housing to avoid having other financial issues. One-bedroom rentals make up 36% of apartments, with the bachelor and three-bedroom (or more) categories each making up less than 10% of units. "In a country as rich as Canada everyone deserves a reasonable place to live", he said. (more...)
- July 20, 2019
The report also assumes the rule of thumb that a person should spend no more than 30 per cent of income on housing to avoid having other financial issues. One-bedroom rentals make up 36% of apartments, with the bachelor and three-bedroom (or more) categories each making up less than 10% of units. "In a country as rich as Canada everyone deserves a reasonable place to live", he said. (more...)
NY signs biggest deal yet for offshore wind energy
- July 20, 2019
As the city seeks to meet its climate change goals-we urge Mayor De Blasio to buy American and put New Yorkers to work building and operating offshore wind farms rather than importing hydropower from outside of the country", said Andrew Gohn, Director, Eastern Region State Affairs, AWEA . (more...)
- July 20, 2019
As the city seeks to meet its climate change goals-we urge Mayor De Blasio to buy American and put New Yorkers to work building and operating offshore wind farms rather than importing hydropower from outside of the country", said Andrew Gohn, Director, Eastern Region State Affairs, AWEA . (more...)
The C8 is the first Corvette available as right-hand drive
- July 20, 2019
That's all properly dazzling but perhaps the greatest shock from our first look at the 2020 Corvette is the price. Pricing for the new 2020 Corvette in the US starts under $US60,000 and while that equates to $A85,000 in Australia, things like luxury auto tax will see that price rise to well over $A100,000. (more...)
- July 20, 2019
That's all properly dazzling but perhaps the greatest shock from our first look at the 2020 Corvette is the price. Pricing for the new 2020 Corvette in the US starts under $US60,000 and while that equates to $A85,000 in Australia, things like luxury auto tax will see that price rise to well over $A100,000. (more...)
Trump tweets he liked Fed's Williams' 'first statement' better than second
- July 20, 2019
Williams' remarks came as the market is all but certain that the Fed will cut the federal funds rate, now in a range of 2.25 percent to 2.5 percent, at its July 30-31 policy meeting. However, the bank later said Mr. Williams didn't intend to signal any specific policy changes. USA stock futures traded higher in early pre-market trade, ahead of earnings from American Express Company (NYSE: AXP ) and ManpowerGroup Inc . (more...)
- July 20, 2019
Williams' remarks came as the market is all but certain that the Fed will cut the federal funds rate, now in a range of 2.25 percent to 2.5 percent, at its July 30-31 policy meeting. However, the bank later said Mr. Williams didn't intend to signal any specific policy changes. USA stock futures traded higher in early pre-market trade, ahead of earnings from American Express Company (NYSE: AXP ) and ManpowerGroup Inc . (more...)
PepsiCo Offers $1.7bn To Buy South Africa's Pioneer Foods
- July 20, 2019
American beverage company PepsiCo has entered into an agreement to buy South African food company Pioneer Foods. "As we look to accelerate our growth in key markets around the world and achieve our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with goal, we are absolutely thrilled to join forces with Pioneer Foods, one of South Africa's leading food and beverage companies", said Laguarta. (more...)
- July 20, 2019
American beverage company PepsiCo has entered into an agreement to buy South African food company Pioneer Foods. "As we look to accelerate our growth in key markets around the world and achieve our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with goal, we are absolutely thrilled to join forces with Pioneer Foods, one of South Africa's leading food and beverage companies", said Laguarta. (more...)
Bernard Arnault, Louis Vuitton boss, overtakes Bill Gates on billionaire index
- July 20, 2019
Occupying the top spot is Amazon founder Jeff Bezos , who has a net worth of around 124 billion dollars. The $38 billion divorce settlement made her the world's fourth-richest woman. As for Arnault, his massive fortune comes from his 50% control of French luxury brand LVMH. This is based on the fact that Gates is estimated to have donated some $35 billion and counting to his own Bill & Melinda Gates Foundation over the years. (more...)
- July 20, 2019
Occupying the top spot is Amazon founder Jeff Bezos , who has a net worth of around 124 billion dollars. The $38 billion divorce settlement made her the world's fourth-richest woman. As for Arnault, his massive fortune comes from his 50% control of French luxury brand LVMH. This is based on the fact that Gates is estimated to have donated some $35 billion and counting to his own Bill & Melinda Gates Foundation over the years. (more...)
AB InBev keeps Asia IPO hopes alive as Asahi buys Australian unit
- July 20, 2019
AB InBev signaled Friday that it could return with a plan to sell Budweiser Brewing Co. This makes the company, according to the world's largest brewer, more interesting for its shareholders. AB InBev beer brewery is selling its Australian brand Carlton & United Breweries. Included in the transaction for Asahi is the rights to sell A-B InBev's portfolio of global and worldwide brands - including Budweiser, Stella Artois and Corona (outside of the U.S.) - in Australia. (more...)
- July 20, 2019
AB InBev signaled Friday that it could return with a plan to sell Budweiser Brewing Co. This makes the company, according to the world's largest brewer, more interesting for its shareholders. AB InBev beer brewery is selling its Australian brand Carlton & United Breweries. Included in the transaction for Asahi is the rights to sell A-B InBev's portfolio of global and worldwide brands - including Budweiser, Stella Artois and Corona (outside of the U.S.) - in Australia. (more...)
Toys ‘R’ Us is making a comeback in the United States
- July 20, 2019
You can check the official Toys "R" Us website for updates on future locales. Tru Kids Brands became the parent company of Toys "R" Us , Babies "R" Us and Geoffrey the Giraffe in January, according to a February news release . After all, Toys R Us had annual sales of $11.5 billion when it filed for bankruptcy. The joint partnership plans to open 10 additional stores in "prime, high-traffic retail markets" within the US throughout 2020. (more...)
- July 20, 2019
You can check the official Toys "R" Us website for updates on future locales. Tru Kids Brands became the parent company of Toys "R" Us , Babies "R" Us and Geoffrey the Giraffe in January, according to a February news release . After all, Toys R Us had annual sales of $11.5 billion when it filed for bankruptcy. The joint partnership plans to open 10 additional stores in "prime, high-traffic retail markets" within the US throughout 2020. (more...)
KLM under fire over breastfeeding tweet
- July 19, 2019
In 2015, United Airlines was in a similar position after a flight attendant allegedly tossed a blanket for a breastfeeding mother in an attempt to get her to cover up; last year, American apologized to a breastfeeding mother after a flight attendant stopped her from boarding with a milk cooler and a carry-on bag; and this year, Delta was accused of not accommodating a breastfeeding mother who wanted to pump in first class after plugs in her cabin didn't work. (more...)
- July 19, 2019
In 2015, United Airlines was in a similar position after a flight attendant allegedly tossed a blanket for a breastfeeding mother in an attempt to get her to cover up; last year, American apologized to a breastfeeding mother after a flight attendant stopped her from boarding with a milk cooler and a carry-on bag; and this year, Delta was accused of not accommodating a breastfeeding mother who wanted to pump in first class after plugs in her cabin didn't work. (more...)
Amazon’s made-up holiday Prime Day enjoyed 175 million sales
- July 19, 2019
Amazon said top sellers in the U.S. included the LifeStraw Personal Water Filter, Instant Pot DUO60, and 23andMe Health and Ancestry kits. "This year we're thrilled that members in the United Kingdom had access to more deals than ever before, helping make Prime Day 2019, the biggest global shopping event in Amazon history". (more...)
- July 19, 2019
Amazon said top sellers in the U.S. included the LifeStraw Personal Water Filter, Instant Pot DUO60, and 23andMe Health and Ancestry kits. "This year we're thrilled that members in the United Kingdom had access to more deals than ever before, helping make Prime Day 2019, the biggest global shopping event in Amazon history". (more...)
The long & winding road to the mid-engined Corvette
- July 19, 2019
Chevrolet will toss this heritage out the window when it shortly releases the mid-engined, eighth-generation Corvette during the 2020 model year. We now also know that it will retain its signature V8 engine as well as the Stingray moniker which it revived for the seventh generation auto that was launched in 2014. (more...)
- July 19, 2019
Chevrolet will toss this heritage out the window when it shortly releases the mid-engined, eighth-generation Corvette during the 2020 model year. We now also know that it will retain its signature V8 engine as well as the Stingray moniker which it revived for the seventh generation auto that was launched in 2014. (more...)
Rep. Ben McAdams votes with House Republicans against minimum wage bill
- July 19, 2019
Only three Republicans voted for it, while six Democrats opposed it. Amazon recently pledged to raise its minimum to $15 after feeling political pressure, with Costco following suit and Target moving to $15 an hour next year. At time of wage stagnation and grave income inequality that's playing out on the campaign trail, Democrats led by Rep. Bobby Scott, D-Va., the chairman of the House Education and Labor Committee, are willing to accept that tradeoff. (more...)
- July 19, 2019
Only three Republicans voted for it, while six Democrats opposed it. Amazon recently pledged to raise its minimum to $15 after feeling political pressure, with Costco following suit and Target moving to $15 an hour next year. At time of wage stagnation and grave income inequality that's playing out on the campaign trail, Democrats led by Rep. Bobby Scott, D-Va., the chairman of the House Education and Labor Committee, are willing to accept that tradeoff. (more...)
Lotus Evija Electric Hypercar Debuts With 1973 bhp
- July 18, 2019
Lotus says the 3,703-pound vehicle, built on carbon-fiber monocoque architecture, sprints to 62 mph in less than three seconds, has a top speed of more than 200 mph and a driving range of 250 miles. It has been developed by technical partner Williams Advanced Engineering, famed for success in motorsport, from Formula One to electrifying the first four seasons of Formula E. (more...)
- July 18, 2019
Lotus says the 3,703-pound vehicle, built on carbon-fiber monocoque architecture, sprints to 62 mph in less than three seconds, has a top speed of more than 200 mph and a driving range of 250 miles. It has been developed by technical partner Williams Advanced Engineering, famed for success in motorsport, from Formula One to electrifying the first four seasons of Formula E. (more...)
Facebook's Libra cryptocurrency gets frosty reception from G7 finance chiefs
- July 18, 2019
French finance minister Bruno Le Maire echoed previous concerns over the threat to the dominance of national currencies by a token launched by a tech firm with billions of users, saying: "The sovereignty of nations might be weakened or jeopardised by these new currencies". (more...)
- July 18, 2019
French finance minister Bruno Le Maire echoed previous concerns over the threat to the dominance of national currencies by a token launched by a tech firm with billions of users, saying: "The sovereignty of nations might be weakened or jeopardised by these new currencies". (more...)
Australian employment report for June
- July 18, 2019
Unemployment Rate: 5.2% expected %, prior 5.2%. The unemployment rate remains stuck at 5.2 per cent, despite a marginal increase of 500 jobs in June. "We remain of the view that (the RBA) will still have to cut rates further later this year ultimately taking the cash rate down to 0.5% early next year". (more...)
- July 18, 2019
Unemployment Rate: 5.2% expected %, prior 5.2%. The unemployment rate remains stuck at 5.2 per cent, despite a marginal increase of 500 jobs in June. "We remain of the view that (the RBA) will still have to cut rates further later this year ultimately taking the cash rate down to 0.5% early next year". (more...)
Prime Day 2019: Best Xbox One Deals Available So Far
- July 18, 2019
As part of Amazon's Prime Day , an exclusive, limited-time sale for Amazon Prime members, sporting goods are just one of countless categories available at discounted summer rates. Amazon enrolled more new Prime members on July 15 than on any previous day in company history, and nearly as many on July 16, making those the two biggest days ever for member signups, the company maintained. (more...)
- July 18, 2019
As part of Amazon's Prime Day , an exclusive, limited-time sale for Amazon Prime members, sporting goods are just one of countless categories available at discounted summer rates. Amazon enrolled more new Prime members on July 15 than on any previous day in company history, and nearly as many on July 16, making those the two biggest days ever for member signups, the company maintained. (more...)
Google bans controversial ticket reseller Viagogo from top search results
- July 18, 2019
In a statement to Yahoo Finance , a Google spokesperson said people using the Google platform should have "an experience they can trust". "We had approached Google some time ago for action to be taken over Viagogo's advertising in Google's paid search, and we're delighted this has now been done". (more...)
- July 18, 2019
In a statement to Yahoo Finance , a Google spokesperson said people using the Google platform should have "an experience they can trust". "We had approached Google some time ago for action to be taken over Viagogo's advertising in Google's paid search, and we're delighted this has now been done". (more...)
Canadian Pacific Chugs Higher On Q2 Earnings Beat
- July 18, 2019
About 218,438 shares traded. The Canadian Pacific railyard is pictured in Port Coquitlam, British Columbia February 15, 2015. LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Canadian National Railway Company ($CNI) has been trading over the last 2 weeks and the past day especially. (more...)
- July 18, 2019
About 218,438 shares traded. The Canadian Pacific railyard is pictured in Port Coquitlam, British Columbia February 15, 2015. LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Canadian National Railway Company ($CNI) has been trading over the last 2 weeks and the past day especially. (more...)
South Korea cuts interest rate as Japan trade row simmers
- July 18, 2019
The 15% spike in DRAM chip prices over a week - in a sector dogged by oversupply and weak demand for more than a year - comes after Japan tightened curbs on exports of some chipmaking materials to South Korea - home to the world's top two memory chipmakers, Samsung (005930.KS) and SK Hynix Inc (000660.KS). (more...)
- July 18, 2019
The 15% spike in DRAM chip prices over a week - in a sector dogged by oversupply and weak demand for more than a year - comes after Japan tightened curbs on exports of some chipmaking materials to South Korea - home to the world's top two memory chipmakers, Samsung (005930.KS) and SK Hynix Inc (000660.KS). (more...)
Ground bison produced in Canada recalled, likely linked to E. coli outbreak
- July 18, 2019
The recalled Bison Burgers & Bison Ground were distributed across eastern & central U. The records indicate that ground bison produced by Northfolk Bison Distributions, Inc., was served in multiple restaurants where the ill ate ground bison prior to falling ill. (more...)
- July 18, 2019
The recalled Bison Burgers & Bison Ground were distributed across eastern & central U. The records indicate that ground bison produced by Northfolk Bison Distributions, Inc., was served in multiple restaurants where the ill ate ground bison prior to falling ill. (more...)
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