this week in business The Canadian Press – Jul 10, 2023 / 6:24 am | Stories: 436107 Photo: The Canadian Press Bank of Canada Governor Tiff Macklem. Five things to watch for in the Canadian business world in the coming week: MTY earnings MTY Food Group Inc. will release its second-quarter results and hold a…
Tag: business news this week
As Canadian cities make pandemic patios permanent, experts call for clear standards – Business News
Photo: The Canadian Press A server clears a table on a patio at a restaurant, in Vancouver, on Friday, April 2, 2021. COVID-19 showed Canadian cities the benefits of extended patio programs for businesses and citizens, but experts say cities in the middle of transitioning to permanent versions of temporary policies are undermining pandemic-spurred improvements….
Overstock.com buys rights to Bed Bath & Beyond
NEW YORK – Bed & Bath & Beyond will live on, online at least, after Overstock.com acquired the bankrupt retail chain’s intellectual property assets for $21.5 million. The online retailer Overstock.com is dumping its name online and will become Bed & Bath & Beyond, which declared bankruptcy earlier this year. Overstock.com’s CEO Jonathan Johnson told…
The Zacks Analyst Blog Highlights PGT Innovations , Owens Corning, Watsco, James Hardie Industries and Arcosa
For Immediate Release Chicago, IL – July 6, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PGT Innovations, Inc. PGTI, Owens Corning OC, Watsco,…
What’s opening and what’s closing? Check out Center County business news from June
A new fireworks store opened just in time for July Fourth and plans were announced for a new donut shop and hotel. Here’s a roundup of Center County business news in June. What’s opening Wholesale Fireworks is now open at 2000 E. College Ave., the former Sheetz near Lemont. Owners Jon and Meredith Houser announced…
BoC debated waiting until July to hike rates
OTTAWA – The Bank of Canada’s governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data. The central bank released Wednesday its summary of deliberations for its June interest rate announcement, shedding light into the decision to raise its key interest rate…
Father’s Day Provides Sales Boost for Menswear Retailers
Last year was unquestionably the year of the wedding and menswear retailers reaped the benefits with soaring sales of suits and furnishings. Although the wedding frenzy has weakened a bit, merchants are still experiencing a heightened demand for dressier apparel and accessories, whether it’s for weddings, proms or returning to the office. But in addition…
Ex-TikTok executive says Chinese government used app to locate, identify Hong Kong protesters
A former executive at ByteDance, the Chinese company that owns the popular short-video app TikTok, says in a legal filing that some members of the ruling Communist Party used data held by the company to identify and locate protesters in Hong Kong. Yintao Yu, formerly head of engineering for ByteDance in the United States, says…