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Tag: business news daily

20/05/202311/07/2024

Tucker Carlson leaves Fox News days after Dominion lawsuit settlement

April 24 (Reuters) – Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for $787.5 million a defamation lawsuit in which Carlson played a starring role roles.

The outspoken Carlson embraced conservative issues and delivered his views with a style that made his prime-time show, “Tucker Carlson Tonight”, the highest-rated cable news program in the key 25-to-54 age demographic on the most-watched US cable news network. Shares of Fox closed 2.9% lower on the news, which the company announced on Monday.

Dominion Voting Systems

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16/05/202311/07/2024

Does Canada really need a digital loonie?

The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar.

“We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point where we need help from Canadians, we need to understand what Canadians want.”

And yet the bank maintains there is neither a need nor a plan to launch a digital loonie.

So, why bother with the public consultations at all?

Rogers says more transactions are

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11/05/202311/07/2024

Inflation hit 4.9% in April, the lowest it’s been in two years

Consumer prices rose 4.9% in April — the first time annual inflation has landed below 5% in two years.

On a monthly basis, the inflation rate rose 0.4%, which was higher than the 0.1% in March.

The latest report from the Bureau of Labor Statistics showed other favorable trends: Food prices rose just 7.7% over the 12-month period — the eighth-straight month of slower price growth. And on a monthly basis, food prices have actually declined.

Stock futures jumped following the report.

Still, the “core” inflation reading for April, which excludes volatile food and energy prices, increased 5.5% on the

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11/05/202311/07/2024

What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

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06/05/202311/07/2024

Settlement reached in Fox vs Dominion lawsuit

Justin Nelson, Dominion's lead counsel, appears on CNN.
Justin Nelson, Dominion’s lead counsel, appears on CNN. (CNN)

Dominion Voting Systems had two goals in its defamation case against Fox News — accountability and “trying to make Dominion whole,” said Justin Nelson, the lead counsel election technology company.

Both were accomplished in this settlement, he told CNN on Tuesday.

The payment of more than $787 million by Fox News to Dominion and the network’s statement acknowledging that its coverage of the 2020 election was false was “a strong message of accountability” and an important victory for the employees of his client’s company.

“This is really the first time that
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06/05/202311/07/2024

New Elgin chamber committee to help minority businesses; ECC forensic team wins bronze awards at national event; Batavia campaign to educate shoppers on new bags

The Elgin Community College Forensics Team had a strong showing at the Phi Rho Pi National Tournament in Bethesda, Maryland, where more than 50 schools competed.

Students Aleah Janae of Elgin, Hannah Carpenter of Streamwood and Damian Hacz of Hampshire brought home individual and team awards and coach Tim Anderson received the Collie-Taylor Fellowship Award for outstanding coach of the year, a news release said.

The team received a bronze medal in Individual Event Sweepstakes and Overall Sweepstakes. Carpenter received a bronze medal in Speech to Entertain and Process Interpretation.

Janae received a bronze medal in International Public Debate and

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05/05/202311/07/2024

Vancouver’s April home sales down 16.5% from a year ago – Business News

Home sales are still down

The Canadian Press – May 2, 2023 / 9:13 am | Stories: 424568

Photo: The Canadian Press

The Real Estate Board of Greater Vancouver said April home sales slid 16.5 per cent from a year ago as new listings remained below historical norms.

The BC board says sales for the month totaled 2,741, almost 16 per cent below the 10-year seasonal average.

The composite benchmark price for all residential properties in Metro Vancouver hit $1,170,700 last month, down 7.4 per cent from a year ago but up 2.4 per cent from March.

There were 4,307

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03/05/202311/07/2024

HSBC expects later close of Canadian division sale to RBC – Business News

HSBC sale delayed

The Canadian Press – May 2, 2023 / 9:14 am | Stories: 424569

Photo: The Canadian Press

HSBC Holdings plc says the sale of its Canadian division to Royal Bank of Canada is going to take longer than first expected, but that the deal remains a key priority.

London-based HSBC says it now expects to complete the $13.5-billion transaction in the first quarter of 2024, rather than late this year as it guided when it announced the deal last November.

The bank says the later close is to ensure a smooth transition, while several other recent bank

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