Photo: The Canadian Press App-based ride hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled Monday, allowing the tech giants to bypass other state laws requiring worker protections and benefits. The ruling mostly upholds a voter-approved law, called Proposition 22, that…
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What is a Power of Attorney?
Many of our clients have heard of the powers of attorney, but do not know what they actually entail. 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). It is important to know that there…
The world struggles to predict financial fallout from California bank collapse
As the millionaire depositors in Silicon Valley Bank got all their money back courtesy of a US government agency, there were no doubt sighs of relief among those bank customers who would otherwise have been taken a severe financial beating. Until the US government swoops in Monday, that included the vast majority of deposits at…
Nordstrom closed all of its Canadian stores, cutting 2,500 jobs
Breadcrumb Trail Links Retail & Marketing News “We do not see a realistic path to profitability for the Canadian business,” said the CEO Author of the article: The Canadian Press Tara Deschamps Published March 02, 2023 • Last updated 1 week ago • 2 minute read 10 Comments Shoppers take the escalators at a Nordstrom…
Stocks rally as Salesforce’s 11% gain lifts Dow while S&P, Nasdaq reverse early losses
Stocks rallied on Thursday with the Dow leading markets higher as a result from Salesforce (CRM) lifted the index, and the S&P 500 and Nasdaq shook off early losses to finish on the green. At the close on Thursday, the S&P 500 was up 0.76%, the Nasdaq higher by 0.73%, and the blue chip Dow…
What Russia’s economic resilience means for the war in Ukraine
Since the Russian invasion of Ukraine nearly a year ago, attempts have been made to clobber its economy. Russian businesses have been cut off from the vast tracts of the Western world. Its oligarchs have been sanctioned and had their yachts seized. And yet, by almost every measure, the Russian economy has weathered the last…
Asian Shares Advance As Investors Await US Inflation Data
Asian stocks rose on Tuesday, the dollar slipped, and Treasury bond yields remained pressured as investors remained convinced that key US inflation data due later in the day would show an easing in price pressures on an annual basis. Gold edged higher in Asian trading on dollar weakness while oil prices dropped around 1 percent…
Toronto home sales forecast to fall to levels not seen in two decades
Breadcrumb Trail Links Real Estate News TREB also predicts prices will rise this year, but will still be lower than in 2022 A real estate sign outside a home in Toronto. Photo by Peter J. Thompson/National Post Article content Home sales in the Greater Toronto Area (GTA) will decline to their lowest level since 2001…