Photo: Thinkstock.com British Columbians are more anxious about their debt situation while an increasing number is slipping deeper into debt by paying only the minimum balance on their credit cards, according to a new MNP Consumer Debt Index report released this morning. The news follows recent data from Canada’s Office of the Superintendent of Bankruptcy…
Category: Business News
Business English Meaning
The Code of Hammurabi dates again to about 1772 BC for instance and incorporates provisions that relate, among other issues, to shipping prices and dealings between merchants and brokers. The word “corporation” derives from the Latin corpus, that means physique, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities. “Going public”…
Elon Musk depicted as wild, visionary in Tesla tweet trial – Business News
Photo: The Canadian Press FILE – Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. A federal judge on Friday, Jan. 13 2023 rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker,…
Mortgage rate buydowns are on the rise as homebuyers can cope with high interest rates
Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting. Then, in December, their real estate agent presented an offer too good to pass. A home in Longmont was up for…
Tesla video promoting self-driving was staged, engineer testifies
A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior engineer. The video, which remains archived on Tesla’s website, was released in October 2016 and…
Lawyers spar over whether Elon Musk misled investors with his tweets
Opening arguments kicked off Wednesday in a trial that was pitting Tesla against shareholders accusing the company of misleading them over a tweet by Elon Musk stating funding had been “secured” to take the electric car company private. A lawyer for Tesla investors told a nine-person jury that Musk “lied” when he sent the Aug….
Priciest home sales in Setauket
Priciest home sales in Setauket (11733) December 2022 The three highest-priced home sales in Setauket last month ranged from $1.1 million to $3.775 million. The priciest Setauket home sold in December was a 5-bedroom, 3.55-bath waterfront colonial on 15 acres at 76 Mount Gray Road that sold for $3.775 million in cash. It was listed…
Why your grocery bills remain high even as inflation slows down
this section is presented This section was produced by the editorial department. The client was not given the opportunity to place restrictions on the content or review it prior to publication. by HSBC Breadcrumb Trail Links News economy Commodities Agriculture FP Explains: Why are Canadians’ grocery bills still climbing? It’s complicated Published January 19, 2023…