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RBC to close 25 HSBC locations, convert others once takeover closes next week
TORONTO — Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week.
Mar 21, 2024 4:07 PM
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Micro-apartments are back after nearly a century, as need for affordable housing soars
SEATTLE (AP) — Every part of Barbara Peraza-Garcia and her family’s single-room apartment in Seattle has a double or even triple purpose.
Mar 21, 2024 1:30 PM
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US sues Apple, alleging it illegally monopolized the smartphone market
WASHINGTON (AP) — The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple , accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices arti
Mar 21, 2024 1:23 PM
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The UN adopts a resolution backing efforts to ensure artificial intelligence is safe
UNITED NATIONS (AP) — The General Assembly approved the first United Nations resolution on artificial intelligence Thursday, giving global support to an international effort to ensure the powerful new technology benefits all nations, respects human r
Mar 21, 2024 1:21 PM
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Businesses worried about ESG fraud as stakeholder pressure mounts: KPMG poll
TORONTO — Businesses are increasingly concerned about ESG fraud, which is when a company's environmental, social and governance efforts or data are exaggerated, embellished or distorted.
Mar 21, 2024 11:54 AM
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More Canadians have poor mental health. The economy is partly to blame, survey says
The double whammy of the COVID-19 pandemic and economic stressors is taking a toll on the mental health of Canadian adults, according to new data released by the Canadian Institute for Health Information on Thursday.
Mar 21, 2024 11:05 AM
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February home sales hit strongest pace in a year as mortgage rates ease and more houses hit market
LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in January from the previous month to the strongest pace in a year with homebuyers encouraged by a modest pullback in mortgage rates and more properties on the market.
Mar 21, 2024 10:15 AM
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BoC expects quantitative tightening to end in 2025, deputy governor says
OTTAWA — The Bank of Canada expects quantitative tightening to end sometime in 2025, deputy governor Toni Gravelle said in a speech Thursday about how the central bank plans to manage its balance sheet.
Mar 21, 2024 10:13 AM
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Deadlines, credits and life changes: the biggest tax pitfalls experts say to avoid
The deadline to file your taxes may feel like it’s far away, but experts say that not getting started early is one of the biggest mistakes Canadians make at tax season.
Mar 21, 2024 10:00 AM
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Federal minimum wage rising to $17.30 an hour on April 1
OTTAWA — The federal minimum wage is rising to $17.30 per hour on April 1. The increase from $16.65 reflects the increase in the annual average consumer price index for 2023.
Mar 21, 2024 9:54 AM
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