business
The fast-food industry is trying to lure in Gen Z diners. Is the meal deal helping?
Fast-food chains like Chipotle and McDonald’s are lowering their sales forecasts for next year and luring people in with value meals as they foresee a pullback in spending from low-income and younger diners. Source link
You could get at least $50 from the bread price-fixing settlement. But the deadline is coming up
Your chance to get a piece of a $500-million class action settlement, following a years-long bread price fixing scheme will soon expire. Source link
Grand Theft Auto makers accused of union-busting after firing employees in Canada, U.K.
The company behind the Grand Theft Auto games fired more than 30 employees last week in what a union leader called an egregious example of union-busting, with some effects being felt in Canada. Source link
MEG takeover saga draws to a close as Cenovus completes purchase
Oilsands giant Cenovus Energy has completed its takeover of MEG Energy, and gets another 110,000 barrels of production per day with the purchase. Source link
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