News: Technology

1 in 6 Canadians struggling with finances, Angus Reid survey finds

Tuesday  11:06,   17 july 2018
cbc.ca

More than a quarter of Canadians are already facing serious financial hardship, according to the findings of a new study released today as part of an examination of poverty. According to the report from the Angus Reid Institute, 21 per cent of[...]

Do not ignore Bombardier’s global turnaround

Tuesday  09:26,   17 july 2018
thestar

Do not ignore Bombardier’s global turnaroundIt would even be easy to assume that our struggles here reflect our performance around the world, as some Toronto columnists and pundits have recently urged. In one gloomy critique just last week, Toronto[...]

Jeff Bezos is now the richest man in modern history

Tuesday  01:31,   17 july 2018
cnbc

Amazon founder Jeff Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at number two. This milestone means Bezos is now the richest man in modern history on an inflation-adjusted basis. Jeff Bezos keeps[...]

Canadian miner Lundin plans to buy Nevsun Resources for C$1.4 billion

Tuesday  01:06,   17 july 2018
reuters

Canada's Lundin Mining Corp (LUN.TO) said on Monday it plans to make an offer to buy base metals company Nevsun Resources Ltd (NSU.TO) for about C$1.4 billion ($1.07 billion). Lundin, which has been eyeing Nevsun's Timok copper deposit in Serbia [...]

Netflix shares tank after subscriber numbers miss targets

Tuesday  00:57,   17 july 2018
reuters

Netflix shares tank after subscriber numbers miss targetsThe company's total monthly customers reached 130 million worldwide, 1 million fewer than forecasts from Thomson Reuters I/B/E/S, as it added new programming including "Lost in Space" and new[...]

Hydro One Continues to Slide as the Company Faces a Lot of Uncertainty Under the New Government

Monday  22:31,   16 july 2018
baystreet.ca

Hydro One Continues to Slide as the Company Faces a Lot of Uncertainty Under the New GovernmentLoad[...]

Why Dividend Stocks Don’t Always Make the Best Investments

Monday  18:41,   16 july 2018
fool

Cameco Corp. (TSX:CCO)(NYSE:CCJ) recently cut its dividend, and investors may be wondering if there's any reason left to buy the struggling stock.While companies that have long histories of paying dividends will be less likely to break their[...]

Home sales inch higher in June, but average prices still down 1.3% in past year

Monday  18:21,   16 july 2018
cbc.ca

Home sales increased last month for the first time this year, but average selling prices are still slightly lower than they were a year ago. The Canadian Real Estate Association said Monday that there were 4.1 per cent more homes sold in June than[...]

Canadian borrowers mustn't count on trade war to stop rising mortgage costs: Don Pittis

Monday  11:51,   16 july 2018
cbc.ca

A trade war might be bad for the economy, but not bad enough to stop short-term hikes in U.S. and Canadian borrowing costs.As the Canadian Real Estate Association rolls out its latest data on resale homes today, buyers and sellers should make their[...]

Bank Of Canada's Stephen Poloz Suggests Buying A Smaller Home, After Hiking Interest Rates

Monday  09:20,   16 july 2018
huffingtonpost.ca

The governor of the Bank of Canada, Stephen Poloz, had some advice this week for Canadians facing higher housing costs thanks to the Bank's interest rate hike: Just buy a smaller house. "People who don't qualify "People who[...]

Are you ready for facial recognition at concerts? It’s (probably) going to happen

Monday  09:07,   16 july 2018
globalnews.ca

You may be made to trade privacy for convenience the next time you go to a concert.It's an annoying part of the concert-going experience: lining up at the doors in the heat/cold/rain waiting for someone to scan/take/tear your ticket. It's not so bad [...]

Malls might not disappear after all, thanks to this genius formula

Monday  09:07,   16 july 2018
gobankingrates

Foursquare reveals how malls can survive the retail apocalypse.Load[...]

What does the First Air/Canadian North merger mean for northern air travel?

Sunday  07:50,   15 july 2018
cbc.ca

Since it was announced last week, plenty of questions have been asked about the proposed merger between Northern airlines First Air and Canadian North. We reached out to Robert Kokonis for answers.Load[...]

Why Twitter is finally cracking down on fake accounts

Saturday  12:01,   14 july 2018
cbc.ca

Twitter's attempt to clean its service of fake and malicious accounts may be bad news for celebrities losing millions from their follower counts, but it's likely to be good news for the company in the long run, analysts say. Shares in[...]

What not to buy on Amazon Prime Day

Saturday  07:51,   14 july 2018
marketwatch

Amazon’s annual sales promotion definitely offers consumers the chance to save—but not all deals are created equally.Load[...]