Business

Microchip maker Nvidia Corp. was poised to join an exclusive list of companies worth more than $1 trillion on Thursday as the company said that feverish demand for AI technology was causing booming demand for its products.  Stock gain makes chip maker the 5th-most valuable company in the U.S. Microchip …

A brief ground stop order for all Air Canada and Rouge flights in the U.S. due to an unspecified computer issue has been lifted.  Unspecified computer issue cited as reason for brief grounding. A brief ground stop order for all Air Canada and Rouge flights in the U.S. due to …

CYBER WARFARE A security surveillance camera is seen near the Microsoft office building in Beijing on July 20, 2021. State-backed Chinese hackers have been targeting US critical infrastructure and could be laying the technical groundwork for the potential disruption of critical communications between the US and Asia during future crises, …

Peloton is undergoing a significant rebrand, dumping its identity as a seller of luxury exercise bikes and equipment for one of health technology for all.  Since peak in 2021, high-end health tech company has lost over 90% of its value. Peloton is undergoing a significant rebrand, dumping its identity as …

25 YEARS European Central Bank President Christine Lagarde (right) welcomes President of the European Commission Ursula von der Leyen (left) during a ceremony to celebrate the 25th anniversary of the ECB in Frankfurt, Germany on Wednesday, May 24, 2023. AP PHOTO FRANKFURT: As it marks its 25th anniversary on Wednesday, …

Small businesses owners in Nova Scotia are voicing mixed reactions to the federal government’s announcement last week that it has negotiated lower interchange fees which businesses have to pay each time a customer uses a Visa and Mastercard credit card.  Beginning in the fall of 2024, in-store credit card interchange …

DEEPEN TIES Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, addresses the China-Russia business forum in east China’s Shanghai on Tuesday, May 23, 2023. XINHUA PHOTO SHANGHAI: Chinese Vice Premier He Lifeng attended the China-Russia business forum on …

After an April email was sent out to season-ticket holders on the next phase of the $300-million Rogers Centre renovations, some longtime fans were dismayed to realize their coveted seats in the lower bowl will no longer exist where they used to, and they face a steep price increase for …

The group trying to leverage star power for its bid to own the Ottawa Senators continues to add more known names to its list.  Comedian Russell Peters has also joined Neko Sparks team. Who are the latest additions to Neko Sparks’s star-studded Sens bid Natalia Goodwin breaks down the latest …

Two of Canada’s biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada’s economy, with sharply lower profits and a large jump in the amount of money they’re setting aside to cover bad loans.  Both banks raise quarterly dividend payout despite lower profits. Two of Canada’s …