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As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy
With Canadians’ debt on the riseas they deal with surging pricesand interest rates, experts say many people are in the dark about the insolvency process, even though it could help those in dire straits get a clean slate.
Sep 21, 2023 11:44 AM
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Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens
Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence.
Sep 21, 2023 9:44 AM
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Bank of England joins US Fed in keeping interest rates unchanged after inflation declines
LONDON (AP) — The Bank of England on Thursday paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises.
Sep 21, 2023 8:02 AM
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Toronto Pearson Airport ranks low in customer satisfaction: study
Toronto and Montreal airports were near-bottom in the race for passenger satisfaction this year, according to a study by J.D. Power.
Sep 20, 2023 9:47 PM
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Airbnb says it's cracking down on fake listings and has removed 59,000 of them this year
Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.
Sep 20, 2023 6:12 PM
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Fed keeps rates unchanged and signals optimism about a potential 'soft landing'
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased.
Sep 20, 2023 6:06 PM
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Growing number of forecasts predict oil will reach US$100 this fall
CALGARY — A growing number of forecasts are calling for the return of US$100 oil before the end of the year — a prospect that could put even more pressure on consumers and make it harder for central bankers to rein in inflation.
Sep 20, 2023 6:00 PM
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Travellers rattled by Canada-India row, but trip plans remain unchanged
MONTREAL — Travellers and the transportation sector at large have been rattled by the sudden ramp-up in tensions between Canada and India, but see no reason to rethink their overseas plans for now.
Sep 20, 2023 5:35 PM
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Air Canada system briefly breached, customer info and flight ops unaffected
MONTREAL — Canada's biggest airline says an unauthorized group briefly breached an internal system linked to the personal information and records of some employees.
Sep 20, 2023 5:10 PM
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U.S. stocks slump Wednesday afternoon following rate decision, TSX little changed
TORONTO — Weakness in energy and mining stocks outweighed strength elsewhere on Canada's main stock index Wednesday, which lost just a handful of points, while U.S. markets fell near the end of the day after the U.S.
Sep 20, 2023 4:48 PM
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