Air Canada, the country’s largest airline, is one of the lowest-ranked airlines when it comes to customer satisfaction according to a new J.D. power North American airline satisfaction survey. Anne Gaviola has this story and more in Business Matters for Thursday, May 9, 2024.
American automakers and their Chinese rivals are heading in different directions. Able to produce far more cars than they can sell in China, Chinese companies like BYD are entering markets all over the world. Their global expansion comes as major U.S. carmakers - whose once-lucrative China sales are withering - have withdrawn from promising markets such as India, Indonesia and Thailand to focus on their North American base.Subscribe to The Post Most newsletter for the most important and interest
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthOne of the Last Big Bears on Wall Street Turns Bullish on US StocksEbrahim Raisi, Iranian President Confronting West, Dies at 63T
Trump is alleged to have sought $1 billion from oil execs for his 2024 campaign in a deal worth $110 billion to energy giants, The Guardian reported.
A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions.The lawsuits were filed by St Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazpro
A free promotional tumbler handed out with Nütrl beverages at Ontario's alcohol retailer is being recalled over safety concerns. Nütrl Canada says the container's manufacturer has informed the company of a voluntary recall for the items given as a free gift at LCBO stores in April and May. They say a manufacturing defect could lead the tumblers to release a contaminant when the containers are filled with liquid. The tumbler came with the purchase of Nütrl vodka soda products. A representative fo
Alberta's population boom is increasing pressure on the construction sector to build the infrastructure to accommodate growth and business owners say they're already feeling the labour crunch.A shortfall of workers in skilled trades is an issue across Canada, but with Alberta adding more than 200,000 new residents last year, the industry needs to find a way to keep up with more road and bridge repairs, new housing development and major infrastructure work."It's literally the No. 1 issue on every
Cloud Light Technology, a maker of optical modules based out of the government-backed incubator Hong Kong Science and Technology Parks (HKSTP), anticipates a steady 50 per cent annual growth rate after its acquisition by a US company owing to the artificial intelligence (AI) boom that is boosting data centre demand. The 6-year-old start-up is a manufacturer of fibre-optic transceivers, a device used in data centres to transmit data over fibre optic cables. The company was acquired last November
Planning for retirement can be challenging. It's hard to know exactly how much you'll need to set aside and, perhaps more importantly, to save enough in the first place. We have a few factors working...
VIENNA (AP) — A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany’s Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The order is in response to a lawsuit over the planned construction of a liquefied natural gas terminal in the Baltic Sea. The banks were among the guarantors in the contract for building a gas processing plant by a multinational construction firm, Renaissance Heavy Industries, and German company Linde. Bu
Despite decades of progress for women in the workplace, in many families, moms are still the ones who handle much of the childcare logistics, scheduling and other issues that require being available...
(Bloomberg) -- Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. directors, saying the oil giant is undermining shareholder rights.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthOne of the Last Big Bears on Wall Street Turns Bullish on US StocksEbrahim Raisi, Iranian President Confronting West
With current gas prices constantly fluctuating, many people find themselves unsure of how to properly budget their gas costs.Be Aware: Toilet Paper to Discontinued Items: 7 Ways Shrinkflation Has Come...
According to data company CEIC, Morocco produced 535,825 motor vehicles in 2023, up from 464,864 in 2022.
The 401(k) is a staple in the U.S. retirement system, with these employer-sponsored plans offering workers the opportunity to save for retirement in a tax-advantaged way.Contributions to traditional...
Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell. Three of the biggest U.S. independent oil refiners - Marathon Petroleum, Phillips 66, and Valero Energy - earned combined adjusted profits of $2.93 billion and returned $5.5 billion to shareholders through stock repurchases and dividends in the first quarter, according to Reuters calculations. Refiners are tapping into their exiting cash to pay for buybacks and capital returns to shareholders, said Matthew Blair, managing director at TPH&Co. Many companies are carrying excess cash because spending on growth projects has been limited, he said.
One of the perks of making it to retirement is finally collecting the Social Security benefits you've been paying into all of your working life. Depending on what other retirement savings you have at...
Warren Buffett warned humanity has let the genie out of the bottle again with AI. Nuclear power may be a better analogy given its risks and benefits.
Volkswagen’s Audi premium group is pushing deeper into the Chinese market with domestic partnerships, signing a deal with state-owned SAIC to develop new EVs for the mainland. This comes as global rivals like GM and Ford look to minimize losses in the region.
Income gaps that exist in the working world continue once you start collecting Social Security retirement benefits, although on a smaller scale. Benefits are based on the amount of money you earn...
Here's how to course-correct.
