Home | Business (page 10)

Business

Mojito with Your Manicure?

VANCOUVER—From book stores to barber shops, businesses across British Columbia can now ask the provincial government for permission to serve liquor. Under new legislation that came into effect Monday, any business can now apply for a liquor licence, unless it caters primarily to minors and or is based inside a motor vehicle. A barber shop in Vancouver’s trendy Gastown neighbourhood …

Read More »

May Set to Announce Britain’s Plans for a Clean Break from the EU

LONDON—Britain will make a clean break from the European Union and not seek to remain “half-in, half-out,” Prime Minister Theresa May will say Tuesday, disappointing businesses and voters who want the country to stay in the bloc’s single market. In her most detailed speech on the U.K.’s exit strategy, May will promise to forge “a new and equal partnership” with …

Read More »

Competition Bureau Drops Probe into Apple’s iPhone Deals with Canadian Carriers

OTTAWA—Canada’s competition watchdog is dropping its investigation into Apple’s iPhone contracts with the country’s wireless carriers. The regulator launched the probe in 2014 after it received information suggesting Apple’s agreements with the Canadian carriers imposed potentially anti-competitive sales and marketing requirements. But the federal agency says it hasn’t found sufficient evidence that Apple’s contract terms had a significant effect on …

Read More »

Part-time Work Fuels Canada’s Labour Market in 2016

Canada’s job market ended 2016 with a bang — recording an unexpected boost in full-time work in December — even though last year was all about the part-timers. Statistics Canada’s year-end employment review Friday said the country added 153,700 net new part-time jobs last year and just 60,400 full-time positions — a number so low it was statistically insignificant. The …

Read More »

Auto Sales in Canada Hit Record High in 2016

Canadians bought vehicles in record numbers last year, driven by consumers who bought SUVs, pickup trucks and high-end models such as Jaguars and Porsches, DesRosiers Automotive Consultants said Wednesday. Overall, there were 1.948 million sales of light vehicles last year, an increase of 2.7 per cent compared to 2015, the Richmond Hill, Ont.-based consulting firm said. Ford took the top …

Read More »

Oprah Winfrey Helps Boost Weight Watchers

Weight Watchers International Inc. shares rose the most in more than a year after an analyst increased his price target on the stock, saying that a new advertising campaign featuring Oprah Winfrey will help boost profit this year. The shares advanced as much as 26 per cent to $13.99 — the biggest intraday gain since November 2015 — after Sidoti & …

Read More »

Faraday Future Unveils Tesla-beating Electric car: the FF91

Faraday Future staked its claim to the world’s fastest electric car with its FF91 production model, showing footage of it outracing Tesla Motors Inc.’s Model S in a glitzy event in Las Vegas. The startup electric-car maker backed by Chinese billionaire Jia Yueting is counting on its debut offering to drum up support from investors, many of whom had been …

Read More »

Police Investigating Possible Cyber Threat Against Hydro One

A cyber attack on an archaic, unused IP address at Hydro One could be part of a broader hacking campaign, security experts say. Rick Haier, chief security officer of Hydro One, said the electricity provider was contacted by the RCMP on Dec. 29, alerting them to an IP address in their system that had been targeted by hackers. “The address …

Read More »

British Airways Braces for Cabin Crew Walkout Next Week

LONDON—British Airways flight attendants will walk out next week after the carrier declined to extend their right to strike in return for renewed pay talks following the rejection of the latest offer, according to the Unite union. So-called “mixed fleet” cabin crew, who work on both short- and long-haul flights from London’s Heathrow airport, will take action for 48 hours from Tuesday, …

Read More »

Tesla’s fourth-quarter Deliveries Trail Automaker’s Projections

Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts, sending shares lower in after-market trading, as production delays continue to plague the carmaker led by chief executive officer Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a …

Read More »