Money


Canada loses 7000 jobs in March, unemployment still 5.8% Canada loses 7000 jobs in March, unemployment still 5.8%
- April 07, 2019

Wage gains rose 0.14 percent last month with paychecks 3.2 percent bigger, year-over-year. Unemployment and labor force numbers come from the household survey . Doug Duncan, Fannie Mae's chief economist, said that the rebound "suggests that the labor market remains solid overall and February's discouraging increase was 'an aberration'". (more...)
Corona maker Constellation to sell about 30 brands for $1.7 billion Corona maker Constellation to sell about 30 brands for $1.7 billion
- April 06, 2019

The $4 billion investment was made official in November . The company reported comparable earnings per share of US$1.84, beating analysts' average estimate of US$1.71. Constellation Brands (NYSE: STZ ) said on Wednesday it would sell about 30 of its low-end wine and spirits brands to E. & J. Gallo Winery for $1.7 billion, as the Corona beer maker focuses on more profitable brands. (more...)
Amazon will launch +3000 satellites to provide internet around the world Amazon will launch +3000 satellites to provide internet around the world
- April 06, 2019

Amazon will vie with Elon Musk's Starlink network, which a year ago launched the first two test satellites of a potential network of 12,000 that would provide speedy space-based internet access. It means Amazon is at least looking at a region containing about 95 percent of the world's population. Amazon is to join the likes of Facebook , Google , SpaceX in the race to mark interstellar territory via its Project Kuiper initiative. (more...)
United Kingdom 'in pole position' for £62bn economic boost from driverless cars United Kingdom 'in pole position' for £62bn economic boost from driverless cars
- April 06, 2019

Data from the Society of Motor Manufacturers and Traders (SMMT) showed that registrations in March dipped by 16,015 on the same month a year ago, coming in at 458,054. New vehicle registrations for March. The Ford Fiesta was the most popular vehicle last month, followed by the Vauxhall Corsa and the VW Golf. Sean Kemple, director of sales at Close Brothers Motor Finance, said: "This fall in auto sales will come as something of a surprise to the sector, which was expecting a slight increase ... (more...)
Those who disagree with BJP are not anti-national, says Advani Those who disagree with BJP are not anti-national, says Advani
- April 06, 2019

Taking to Twitter, she said, "BJP Patriarch questioning current brass for terming entire opposition as anti national is surprising. The party has been committed to freedom of choice of every citizen at personal as well as political level", Advani said. (more...)
Hunt's recalls limited amount of tomato paste Hunt's recalls limited amount of tomato paste
- April 06, 2019

The company became aware of the problem after getting calls from consumers. Consumers with questions can call Conagra Brands Consumer Care at 1-888-280-0301 from 9 a.m.to 5 p.m. The item batch/lot code is 2105902510. They also have a best by date of October 16, 2020, according to the release. No other Hunt's products or Conagra Brands' products are impacted by this recall , according to the FDA. (more...)
United Kingdom government would accept parliament decision for soft Brexit-Barclay United Kingdom government would accept parliament decision for soft Brexit-Barclay
- April 06, 2019

May has agreed to sit down with Corbyn after British lawmakers chose to reject her Brexit deal for a third time, with MPs in the House of Commons on deeply divided over the terms of the UK's future relationship with the EU. "It was raised by me at the beginning of the meeting". Labour lawmaker Paul Sweeney said May's outreach to his party "shows the desperation that she's in". (more...)
Chocolate Masters at BETA5 Invite Vancouverites Out for Instagram Easter Bunny Hunt Chocolate Masters at BETA5 Invite Vancouverites Out for Instagram Easter Bunny Hunt
- April 06, 2019

He's getting in shape for the Kiwanis Easter Egg Hunt On April 20. You might want to go ahead and bookmark that webpage while you're there, because new events are being added frequently and you won't want to miss a minute of the egg-tastic fun! The giant fiberglass bunnies that traditionally decorate the courthouse lawn will arrive the week before Easter, just in time for the hunt, Barrera said. (more...)
Gov't Vows to Speed Up Development of Renewable Energy Gov't Vows to Speed Up Development of Renewable Energy
- April 06, 2019

The investment provides for the continued growth of CleanCapital as it expands into new markets and new renewable energy asset classes, with a specific focus on distributed solar and energy storage. Asia continued to lead the way with 64 GW - accounting for around 70% of the global expansion previous year - thanks to dominant performances from China, India, Japan, and South Korea. (more...)
Family finds hidden camera livestreaming from their Airbnb
- April 06, 2019

Ms Barker also highlighted the issue on facebook . After she got through to them two weeks later, the company told her that the host had been "exonerated", and the listing reinstated. According to the home sharing platform's official policies , hosts are required to inform guests if there is a surveillance device in or around their property - even if it's not turned on for use. (more...)
Is that wheat protein in your Whopper? Plant-based meat sales rising Is that wheat protein in your Whopper? Plant-based meat sales rising
- April 06, 2019

The plant-based patty can be found in 59 locations in and around St. Louis during the trial run. Nestle SA has reportedly revealed plans to roll out its meatless soy-protein-based burgers throughout Europe and the USA this year. "There's a lot of interest in plant-based burgers", he said, according to CNN. "We wanted to make sure we had something that lived up to the expectations of the Whopper", Burger King's North America President Christopher Finazzo told Reuters. (more...)
10 infants die from Fisher-Price sleeper, company issues warning 10 infants die from Fisher-Price sleeper, company issues warning
- April 06, 2019

Fisher-Price had previously warned consumers to stop using the product when infants can roll over and possibly fall. Fisher-Price and the U.S. Consumer Product Safety Commission on Friday warned parents and caregivers about the toymaker's Rock 'n Play Sleeper, which they said is linked to 10 infant deaths. (more...)
Supreme Court quashes RBI's debt resolution circular, says it is unconstitutional Supreme Court quashes RBI's debt resolution circular, says it is unconstitutional
- April 06, 2019

What the Supreme Court basically said is that the powers of the RBI under Section 35AA have to be exercised in a particular manner and henceforth we have to comply with the directions of the Supreme Court in this regard and act accordingly. (more...)
United Kingdom construction activity falls again as Brexit uncertainty grows United Kingdom construction activity falls again as Brexit uncertainty grows
- April 06, 2019

It was also the first back-to-back contraction since August 2016, reflecting "subdued underlying demand" and delays to decision-making among clients. While anecdotal evidence from the survey implies that this was in part related to "domestic political uncertainty had constrained demand", it also reflects another marked fall in new work from overseas. (more...)
Trump adviser: White House ‘fully behind’ Moore for Fed Trump adviser: White House ‘fully behind’ Moore for Fed
- April 06, 2019

At the end of March, Trump lambasted Powell for hindering economic growth, telling FOX Business' Maria Bartiromo that the U.S. GDP would have climbed higher than 4 percent in 2018 if the Fed had not voted to raise interest rates four times that same year. (more...)
Target to raise its minimum wage to $13 per hour in June Target to raise its minimum wage to $13 per hour in June
- April 05, 2019

The Minneapolis-based retailer announced in 2017 a plan to raise its starting hourly wages for workers to $15 by the end of 2020 and raised its starting hourly wage to $11. Target is not the only company that has increased its hourly minimum wage in recent years. Improvements have included renovations and investments in technology to help the chain adapt to changing consumer shopping preferences. (more...)
Abusing Air India staff in flight lands top United Kingdom lawyer in jail Abusing Air India staff in flight lands top United Kingdom lawyer in jail
- April 05, 2019

The charges were made against Burns for being drunk on an airplane and she was also smacked with two months of assault after beseeching guilty to the charges. Burns, since then, has been facing flak from all over the world for her abusive rant which was exclusively directed towards Air India and Indians. The judge told Burns: "The fact remains that you were drunk and obnoxious nearly from the beginning to the end". (more...)
Ford teases all-new Puma crossover Ford teases all-new Puma crossover
- April 05, 2019

The shield-shaped trapezoidal grille is inspired by the sixth-generation Mustang , while the lower front end is inspired by the Ford GT . The Ford Kuga is also the first vehicle from the American-brand to be offered with electric powertrains, which include mild, plug-in and full-hybrid systems. (more...)
Trump recommends Herman Cain for Federal Reserve seat Trump recommends Herman Cain for Federal Reserve seat
- April 05, 2019

A candidate for the Republican Party's nomination in the 2012 presidential elections, he suspended his campaign following allegations of sexual misconduct, which he denied. Asked if he was sending any signal to the Fed by putting up Mr Cain and Mr Moore, the President said "none whatsoever". Romney was referring to Cain's proposal from his 2012 presidential campaign that would erase all existing taxes and implement a 9 percent personal income tax, a 9 percent federal sales tax, and a 9 ... (more...)
RBI cuts repo rate by 25 basis points RBI cuts repo rate by 25 basis points
- April 05, 2019

One basis point is a hundredth of a percentage point. Manish Lunia - Co-Founder at FlexiLoans said, "The rate cuts by the Central bank will act as a balm to the subdued economic activity components that have a lot of political and macroeconomic uncertainties to handle in the near to medium term". (more...)

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