Business

Ejection of a Chinese diplomat who interfered in Canada’s internal affairs has led to a tit for tat expulsion. It’s only the latest skid toward “global fragmentation” that economists fear will damage trade and impede cooperation on important issues including climate and artificial intelligence.  Cold War effect could slow the …

Elon Musk has confirmed that the new CEO for Twitter, or X Corp. as it’s now called, will be NBCUniversal’s Linda Yaccarino, an executive with deep ties to the advertising industry.  Background in advertising will allow company to turn the page from Musk, analyst says. Elon Musk has confirmed that …

Federally regulated workplaces are expected to begin offering free menstrual products to workers starting in mid-December.  Government promised in 2021 election to make free tampons and pads available. Federally regulated workplaces are expected to begin offering free menstrual products to workers starting in mid-December. Labour Minister Seamus O’Regan has announced …

Air Canada reported first-quarter revenue nearly doubled compared with a year earlier as travellers hopped back on airplanes en masse — even as higher costs tamped down net earnings.  Airline ekes out tiny quarterly profit for the first time since 2020. Air Canada reported first-quarter revenue nearly doubled compared with …

Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organizations, CEO Bjoern Gulden said on Thursday.  CEO says ‘burning the goods would not be a solution.’ Adidas will sell some of the merchandise from its …

Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference at Shoreline Amphitheatre on May 10, 2023 in Mountain View, California. Google held its annual Google I/O developers conference where they unveiled the new Pixel Fold foldable smartphone. Justin Sullivan/Getty Images/AFP Photo by JUSTIN SULLIVAN / …

Consumer insolvencies have risen to their highest level since 2019, new numbers showed Wednesday, in a troubling sign that Canadians are having trouble staying on top of their debt load.  Proposals to creditors rise to highest level since 2011. Consumer insolvencies have risen to their highest level since 2019, new …

POSTPONED Senate Minority Leader Mitch McConnell of Kentucky (left), standing with House Speaker Kevin McCarthy of California, speaks to reporters at the White House in Washington, D.C. on Tuesday, May 9, 2023. The White House announced that talks on the debt ceiling were moved next week. AP PHOTO WASHINGTON, D.C.: …

CRUCIAL MEET A passerby walks past the logo of the G7 Finance Ministers and Central Bank Governors’ meeting at Niigata station in Niigata, Japan on Wednesday, May 10, 2023. The G7 Niigata meeting is scheduled on May 11 to 13. AP PHOTO NIIGATA, Japan: The financial leaders of the Group …

In this file photo taken on April 18, 2023 Twitter CEO Elon Musk speaks at the “Twitter 2.0: From Conversations to Partnerships,” marketing conference in Miami Beach, Florida. Elon Musk on May 11, 2023 said that he has hired someone to replace him as boss of Twitter and its newly …