Inflation is decelerating quickly. It peaked at 8.1 per cent last summer. It fell to 5.9 per cent in January, and the Bank of Canada predicts it will fall to three per cent by the end of this year. But economists say that’s the easy part. The Bank of Canada has repeatedly said it’s committed…
Category: Business News
Here’s what to know about Hartman’s Bakery reopening, and other Manitowoc business news
A North 11th St. view of Hartman’s Bakery, LLC as seen, Wednesday, August 24, 2022, in Manitowoc, Wis. MANITOWOC – Can’t you almost smell the deliciousness of bread-baking and cake-making wafting from North 11th Street in Manitowoc? After months of waiting, the iconic Hartman’s Bakery will reopen on March 10. Perhaps you want to get…
No more clumpy lip gloss: How TikTok’s ‘deinfluencing’ trend became a marketing tactic
Just a few weeks ago, Lauren Rutherglen’s 10,000 TikTok followers would have expected advice on what beauty products to buy. But as she rummaged through the creamy Glossier eyeshadows, Ilia serums and Charlotte Tilbury liquid bronzers in her drawer, the Calgary-based content creator was reminded of the expensive but disappointing products that the Internet had…
Russian banks say debit cards may stop working due to Western sanctions
Russian banks are warning debit card holders that new sanctions from the US and UK could mean their cards stop working abroad. Emails from multiple Russian banks urging their customers to withdraw money from accounts linked to UnionPay-branded cards as soon as possible came one day after the US and UK implemented sweeping new sanctions…
Is Bing too belligerent? Microsoft looks to tame AI chatbot – Business News
Photo: The Canadian Press File – The Microsoft Bing logo and the website’s page are shown in this photo taken in New York on Tuesday, Feb. 7, 2023. Microsoft is promising to make improvements to its new artificially intelligent Bing search engine after it’s been insulting and threatening some of its early users. (AP Photo/Richard…
Indigo creates temporary website for browsing after cyberattack – Business News
Photo: The Canadian Press An Indigo bookstore is seen Wednesday, November 4, 2020 in Laval, Que. Indigo says it has created a temporary website for customers to use for browsing after a cybersecurity incident hit the company. THE CANADIAN PRESS/Ryan Remiorz Indigo Books & Music Inc. has created a temporary website for its customers to…
Boeing Halts Delivery Of 787 Dreamliners
Boeing Co. temporarily stopped deliveries of its 787 Dreamliners as directed by the Federal Aviation Administration, pending an additional analysis on a fuselage component, reports said. The FAA stated that the company cannot resume deliveries of the plane, which was halted earlier too to a series of manufacturing flaws until the agency is satisfied that…
Tesla recalling nearly 363,000 vehicles over ‘full self-driving’ software that could lead to crashes
Tesla is recalling 362,758 vehicles because a version of its “full self-driving” software may increase the risk of crashes, according to the National Highway Traffic Safety Administration in response to a notice Tesla sent the agency on Wednesday. According to the recall document, the FSD’s “beta” release may cause affected Tesla vehicles to act unsafely…