Business

CBC’s Marketplace rounds up the consumer and health news you need from the week.  Consumer and health news you need from the week. Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplacenewsletter every Friday. …

WestJet is shutting down its budget airline, Swoop.  Swoop planes and staff will soon join parent airline but move means less choice for consumers. Latest Existing Swoop flights will continue to operate as planned until October WestJet is shutting down its budget airline, Swoop. The company made the announcement in …

After years as an exclusively advertisement-free subscription platform, Bell Media says it plans to launch new Crave tiers sometime this summer that include commercials during programming.  Friends, The Big Bang Theory, Letterkenny among shows offered in ad tiers. Crave is making room for commercial breaks on its streaming service. After …

A Federal Court judge has found Canadian Pacific Kansas City Ltd. guilty of contempt of court for employees working excessively long hours.  Rail operator failed 22 times to comply with cease-and-desist orders, ruling says. A Federal Court judge has found Canadian Pacific Kansas City Ltd. guilty of contempt of court …

Saying its initial response was “erroneous,” Air Canada is now making cash offers to some travellers in compensation for the airline’s recent flight disruptions.  Some passengers’ claims were rejected by accident, airline says. Saying its initial response was “erroneous,” Air Canada is now making cash offers to some travellers in …

Tim Hortons is launching a credit card that can be used through its mobile app, the latest move into an increasingly competitive rewards space. Customers will be able to earn Tims Rewards Points on most purchases, including on many gas, grocery and transit purchases, and extra points at Tim Hortons …

TOKYO: Japan’s economy expanded 0.7 percent in the January-March quarter, up from an initial estimate of 0.4 percent, government data showed on Thursday. The latest figure ― which also beat market expectations of 0.5-percent growth ― reflects strong corporate investments, data released by the Cabinet Office showed. The first-quarter number …

WASHINGTON, D.C.: British Prime Minister Rishi Sunak on Wednesday (Thursday in Manila) announced a world-first summit on artificial intelligence (AI), seeking a leading role for the United Kingdom in limiting potential doomsday risks as he visited Washington. Sunak will meet President Joe Biden at the White House on Thursday for …

Four members of Indigo’s board of directors have abruptly resigned, and the company has announced that chair Heather Reisman will retire this summer.  1 resigning board member cites ‘mistreatment’ as reason for exit, the company says. Four members of Indigo’s board of directors have abruptly resigned, and the company has …

Irving Oil, one of the largest and most powerful companies in New Brunswick, has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, according to a statement issued Wednesday.  ‘Timing is suspect,’ says Conservation Council’s Louise Comeau. Irving Oil says it …