News: Money

Ivanka Trump brand dropped by Hudson Bay in Canada

Tuesday  12:30,   17 july 2018
cbsnews

The large department store company says it will remove the first daughter's products lines from 90 stores"Hudson's Bay is phasing out this brand through the fall based on its performance. As part of our regular course of business, we review our[...]

'It will kill us in the long term,' North Dakota politician says about U.S-Canada trade dispute

Tuesday  09:46,   17 july 2018
cbc.ca

Politicians from the U.S. Midwest and central and western Canada gathered in Winnipeg Monday to try to find regional trade solutions to counteract the negative impact of an ongoing trade dispute between the two countries. "It's scary," Marvin[...]

PCs move to take control of Hydro One exec salaries, would order end to York University strike

Tuesday  09:46,   17 july 2018
cbc.ca

Ontario's new Progressive Conservative government introduced legislation on Monday that would give it sweeping new powers over executive compensation at Hydro One. The bill, dubbed the Urgent Priorities Act, was introduced by Energy Minister[...]

'Strong but not stellar' quarter for Netflix shows higher profit, but slower subscriber growth

Tuesday  09:26,   17 july 2018
cbc.ca

'Strong but not stellar' quarter for Netflix shows higher profit, but slower subscriber growthLoad[...]

How rich is 'Papa John' Schnatter? You'll be amazed

Tuesday  09:25,   17 july 2018
usatoday

With $531 million in the pizza company's stock, Schnatter not only owns a massive mansion, but a fast private jet and has helicopter serviceDon’t cry for John[...]

Amazon Crashes on Prime Day, Threatening $3.4 Billion Haul

Tuesday  01:31,   17 july 2018
msn

Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. (Bloomberg) -- Amazon.com Inc. kicked off its big Prime Day sales promotion with technical[...]

Source: Uber facing probe into alleged gender discrimination

Tuesday  01:31,   17 july 2018
msn

Uber is facing a U.S. government investigation into allegations that the ride-hailing service set up a pay structure that discriminated against its female workers. The U.S. the Equal Employment Opportunity Commission opened the probe in August 2017, [...]

Energy, pot stocks pull Toronto market lower

Tuesday  01:06,   17 july 2018
msn

Canada's main stock index closed in the red as a drop in crude prices pushed energy stocks lower, while U.S. stocks were mixed. The August crude contract fell $2.95 or 4.15 per cent to close at US$68.06 after U.S. officials toned down threats [...]

Tesla shares fall 3.5 percent after CEO Musk abuses British diver

Tuesday  01:06,   17 july 2018
reuters

Shares of Tesla Inc fell 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week. A number of analysts and investors, requesting[...]

Papa John's expels John Schnatter from HQ office

Tuesday  00:07,   17 july 2018
cbsnews

It's the latest development after the pizza chain's founder admitted to using a racial slur on a business callA special committee of Papa John's board of directors has "approved and directed the company to terminate a sublease agreement[...]

Furious Amazon customers threaten to cancel their Prime membership as website crashes on its biggest shopping day of the year

Monday  23:25,   16 july 2018
msn

Furious Amazon customers threaten to cancel their Prime membership as website crashes on its biggest shopping day of the[...]

Should Tesla actually fire Elon Musk?

Monday  23:15,   16 july 2018
thestreet

In a since-deleted post on Twitter , Tesla Inc. CEO Elon Musk made some rather disparaging remarks regarding a British cave diver who aided in the rescue of 12 boys trapped in a cave in Thailand. Taking a quick step back, after some[...]

Restaurants back to targeting business diners with better food, service options

Monday  18:57,   16 july 2018
financialpost

Be it an excellent meal from a famed chef or a burger from outsourced room service, brands now get that dining well is an important part of the stayBut the ’80s marked the beginning of a slow decline. As foodie culture began to take hold among[...]

Here’s the Must-Own Stock of the Decade for Canadian Millennials!

Monday  18:51,   16 july 2018
fool

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is a must-own growth stock for millennials. Here's why.Load[...]

Big Losers of the Week: 6 Ice-Cold Stocks That Could Quench Your Contrarian Thirst This Summer

Monday  18:46,   16 july 2018
fool

These six stocks, including Canopy Growth Corp. (TSX:WEED)(NYSE:CGC), had big losses last week. But how long will the pain last?With that in mind, here are three stocks that were hit hard last[...]