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Spain fines Apple and Amazon $218 million for elbowing out small retailers
MADRID (AP) — Amazon and Apple were fined a total of 194 million euros ($218 million) Tuesday for colluding to box out competitors by favoring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said.
Jul 18, 2023 9:36 AM
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The architect of Detroit's bankruptcy filing 10 years ago says it was the best fix for a broken city
DETROIT (AP) — Detroit's newly hired emergency manager, Kevyn Orr, stood before reporters in March 2013 and issued a warning to city creditors, unions, vendors and others: “Don’t make me go to bankruptcy court. You won't enjoy it.
Jul 18, 2023 9:09 AM
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Looking for financial advice? Try AI, suggest some in the sector
From writing cover letters to drafting academic articles, generative AI programs are transforming the way business is conducted -- including in the financial planning field.
Jul 18, 2023 9:05 AM
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Quick grants from tech billionaires aim to speed up science research. But not all scientists approve
In March 2020, an experiment in science philanthropy was hatched in the span of a five-minute call.
Jul 18, 2023 9:04 AM
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Here's a list of June inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 2.8 per cent in June, Statistics Canada says.
Jul 18, 2023 7:09 AM
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Here's a list June inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 2.8 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 1.7 per cent (1.7) — Prince Edward Island: 0.
Jul 18, 2023 7:09 AM
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China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors
BEIJING (AP) — China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year.
Jul 18, 2023 6:20 AM
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Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof
AMSTERDAM (AP) — Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering it
Jul 18, 2023 5:41 AM
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Millennial Money: 4 takeaways from Netflix's money shows
In the past year, streaming service Netflix has released two financially focused offerings: the film “Get Smart With Money” and the series “How to Get Rich.
Jul 18, 2023 5:01 AM
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Canadian cinemas brace for film release slowdown as Hollywood strikes continue
Canadian movie theatre owners say they're nervously watching for developments in dual Hollywood strikes and plan to show more classics, cult favourites and live events if the labour disruptions stretch on.
Jul 18, 2023 2:00 AM
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