business
A post-shutdown fog will hang over the U.S. economy for months
Key economic data was not gathered during the U.S. government shut down — casting a fog of uncertainty over the state of the U.S. economy at a crucial time. The Canada-U.S. trade war has dragged on and the tariffs have begun to bite, but no one can say for certain whether that has slowed the […]
Guests left stranded after boutique hotel chain Sonder goes bankrupt, Marriott terminates licensing deal
Guests and staff both found out about the bankruptcy on Sunday, with the business mandating all guests leave the Sonder properties the following morning. Sonder, originally founded in Montreal, had about 9,000 units in over 40 cities around the world. Source link
Visa and Mastercard reach swipe-fee settlement with merchants in U.S.
Businesses accused the card companies of charging them too much to accept their cards as payment. The settlement, if approved by a judge, would see the companies lower their fees and allow merchants to not accept some cards. Source link
Why your booze-free drink costs just as much as the alcoholic kind
You might skip the alcohol, but you won’t skip the price tag. Here’s why booze-free drinks cost almost as much as the real thing. Source link
Starbucks apologizes for its bear cup drama. What's behind the 'Bearista' frenzy?
Coffee chain Starbucks released a $43.95 “Bearista” glass cold cup Thursday as part of its new holiday collection, and not only did the hat-topped tumbler sell out almost immediately, but videos circulating online show customers fighting each other to get their paws on one. Source link
Canada's unemployment rate edges down to 6.9% in October
The Canadian economy added 67,000 jobs in October and the unemployment rate ticked down to 6.9 per cent, Statistics Canada said on Friday. Source link
Worried about being fingerprinted? What snowbirds need to know about U.S. registration requirement
As snowbirds flock to the border to escape the Canadian winter, many are encountering confusion as they try to comply with new U.S. registration requirements. Here’s what we know about the new rules. Source link
Low prices are hurting the oil sector, but Canada has a few advantages
Canadian oil producers are grappling with low commodity prices, but analysts say the sector is buoyed by certain advantages unique to this side of the border. Source link
Boeing officially off the hook for criminal charges in deadly crashes that killed 346 people
A U.S. judge on Thursday approved a request by the Justice Department to dismiss a criminal case against Boeing stemming from two fatal 737 MAX plane crashes that killed 346 people including 18 Canadians. Source link
MEG-Cenovus deal clears key shareholder vote after delays
MEG Energy Corp. shareholders have given their blessing to an $8.6-billion takeover by fellow oilsands producer Cenovus Energy Inc. Source link