Tag: small business blogs australia

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 by a quarter of a percentage point to 4.75 per cent.

That’s the highest it’s been since 2001.

The rate hike came after the central bank declared a pause earlier in the year, appearing cautiously optimistic that interest rates were high enough to quash inflation.

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Broadcaster faces backlash for news special to air after Titan sub runs out of oxygen

An upcoming news special on the Titan submersible, which vanished after losing signal days ago, is sparking backlash for its timing while crews continue to search for the vessel at sea.

ITN’s “Titanic Sub: Lost at Sea” is scheduled to air on Britain’s Channel 5 on Thursday at 2 pm ET, hours after The Titan had been expected to run out of oxygen. Members of the public have slammed the program due to its timing.

The special is being presented by Channel 5 host Dan Walker and produced by ITN, an Oscar-nominated production company that specializes in “non-fiction content” with

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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 those same people had access to US user data, an allegation that the company denies.

Yu, who worked for the company in 2018, made the allegations in a recent filing for a wrongful dismissal case filed in May in the San Francisco Superior Court. In

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WestJet to wind down Swoop, integrate into main operation – Business News

WestJet to absorb Swoop

The Canadian Press – | Stories: 431105

WestJet says it will wind down its Swoop brand by late October as it integrates the budget carrier’s operations into its main banner.

The move comes after ratification of a new collective agreement

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Fox News chryon text called Biden a ‘wannabe dictator’ who got ‘his political rival arrested’ during broadcast of Trump’s post-courtroom speech

A screengrab of Fox News on Tuesday night shows Biden and Trump both giving speeches

A screengrab of Fox News on Tuesday nightFoxNews

  • A Fox News chyron called Biden a “wannabe dictator” who had “his political rival arrested.”

  • The text accompanied footage of Trump speaking after he was arrested and arranged on Tuesday.

  • Trump pleaded not guilty to 37 counts brought against him over handling of classified documents.

On Tuesday night, as Fox News aired footage of both former President Donald Trump and President Joe Biden, the onscreen text read “wannabe dictator speaks at the White House after having his political rival arrested.”

“Fox News Tonight” carried clips of Trump’s speech after he was

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Need a Practical High School Graduation Gift?

We’ve got you covered. If you know a recent high school graduate, you should find out if they have a simple estate plan to allow their parents or guardians to make medical and financial decisions if they are incapacitated.

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 ).

With high school graduation season in full swing, it is essential to remember that at age 18, parents no longer have the right to make medical and financial decisions for their

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Net benefits to Canada went unquestioned in big forestry buyouts – Business News

Earlier this year, Paper Excellence capped off an unprecedented series of multibillion-dollar buyouts to become the largest forestry company in Canada.

Members of Parliament investigating the company’s business ties and corporate structure learned Friday that Industry Canada did not conduct a net benefit analysis to see if the company’s recent US$3-billion purchase of Domtar and US$2.7-billion buyout of Resolute Forest Products were in the economic interests of Canadians.

NDP natural resource critic Charlie Angus said he was

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FAA orders grounding of all Air Canada and Rouge flights in US lifted

A brief ground stop order for all Air Canada and Rouge flights in the US due to an unspecified computer issue has been lifted.

A little after 11 am ET on Thursday, the US Federal Aviation Administration (FAA) ordered what’s known as a “ground stop” to all of the airline’s destinations in the US due to unspecified “internal computer issues.”

According to the FAA, the order came at the request of the airline.

Peter Fitzpatrick, a spokesperson for the airline, confirmed that the FAA directive was lifted after about an hour, and that all systems are returning to normal.

“Air

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