Canadian competition bureau has major concerns about proposed Bunge-Viterra merger

The Canadian Press
London Drugs announces gradual reopening of stores following cybersecurity incident
London Drugs says it is gradually reopening its stores following a cybersecurity incident that shuttered its more than 80 locations across Alberta, Saskatchewan, Manitoba and B.C. The Richmond, B.C.-based pharmacy chain says in a statement issued Saturday that it's "taking the time with each store to ensure systems are working and ready to serve customers." Because of that, it says it will not be communicating which stores are opening and when. The statement says pharmacists are on-site at all s
Moneywise
For 'the price of a new truck' you can buy a dream retirement home abroad — but consider these 3 things first
Some might be "fixer-uppers" but they're still cheaper than U.S. locations.
CBC
Toronto medical officer sees drug decriminalization as 'health issue,' despite Ford's opposition
CBC chief political correspondent Rosemary Barton speaks with Toronto's medical officer of health, Dr. Eileen de Villa, about the city's application to decriminalize drugs for personal use, which the Ontario government has refused to support.
Reuters
Berkshire pares huge Apple stake as cash, operating profit set records
Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest rates rose. The value of Berkshire's stake in Apple fell 22% to $135.4 billion as of March 31 from $174.3 billion at the end of 2023, even though the iPhone maker's share price fell just 11% in the quarter.
Moneywise
TikToker says she makes more per hour working at Domino’s than at NBC. Are fast food jobs more desirable now?
Could you really supersize your income?
Business Insider
The AI boom reminds this expert of the dot-com bubble — with one dangerous difference
Startups rode the internet wave while Big Tech companies are leading the AI charge, meaning if their stocks crash then far more investors will be hit.
Bloomberg
Oil Steadies After Weekly Slump as Saudi Arabia Raises Prices
(Bloomberg) -- Oil steadied after the biggest weekly drop since February as Saudi Arabia hiked selling prices for grades to Asia for the third month in a row, signaling confidence in the outlook with the OPEC+ cartel cutting supply.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick Wall‘
Reuters
Warren Buffett says Berkshire sold entire Paramount stake at a loss
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
The Canadian Press
As Ottawa replaces watchdog for firms operating abroad, advocates urge full reform
OTTAWA — Advocates are calling on Ottawa to profoundly change the powers of the watchdog who monitors Canadian corporations operating abroad, as the Liberals review how a new ombudsman should take on the job. The Trudeau government replaced a monitor for the mining sector five years ago with what it called the Canadian Ombudsperson for Responsible Enterprise. The office only launched its first investigations last summer and completed just one case in March, finding a Vancouver firm had not done
GOBankingRates
25 Ways To Make an Extra $500 a Month
With inflation pushing up the cost of daily life just about everywhere you go, people from all over the country are looking for ways to lower their spending -- but even that isn't enough in most...
The Canadian Press
Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, with “deliberate and systematic failures” in more than 1,500 audits. The charges include failing to abide by accounting rules, fabricating documentation
Canadian Press Videos
After Trump-era cuts, the American refugee system rebuilds across the country
Seth Hershberger, refugee settlement director for Lutheran Services Carolinas, describes the work his agency is doing to welcome and prepare refugees for a new life in the United States. (AP video: Erik Verduzco)
GOBankingRates
Jaspreet Singh Says To ‘Stop Acting Like a Broke Employee’ — Here’s How
Get a job, work and get paid: This traditional model of making money is followed by most people, but is it the best way to build wealth? Learn More: Robert Kiyosaki: 7 Ways To Become Wealthy Beyond...
SmartAsset
Should I Take a $48,000 Lump Sum or $462 Annuity From My Pension?
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.
Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
Reuters
WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker. Speaking at Berkshire’s annual meeting, the legendary investor paid tribute to his late business partner Charlie Munger and said he expected the conglomerate’s cash pile, now a record $189 billion, to keep growing. The meeting was the 60th for Buffett, who since 1965 transformed Berkshire from a failing textile company into an $862 billion colossus owning the BNSF railroad, Geico car insurance, Dairy Queen and dozens of other businesses.
Financial Post
Budgeting too scary? Try cash-flow planning instead to help your finances
Putting money away can feel like an insurmountable task, but even a little bit helps
Simply Wall St.
Wolfspeed, Inc. (NYSE:WOLF) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Shareholders might have noticed that Wolfspeed, Inc. ( NYSE:WOLF ) filed its third-quarter result this time last week...
Market Exclusive
Weekly Roundup on the Cannabis Sector & Psychedelic Sector
Key Takeaways; Cannabis Sector Canopy Growth secured $50M financing, and restructured debt with an institutional investor. High Tide appointed a new CFO, as the company eyes long-term growth. SNDL intends to move forward with Parallel and Skymint acquisitions, despites the deals facing litigation. Schwazze settled wage theft claims amidst another legal challenges. Key Takeaways; Psychedelic […]
Yahoo Finance
Apple keeps spending less to make more: Chart of the Week
Apple may be having issues keeping its revenue growth up, but its growing services business has turbocharged its margins, which continue to increase significantly overall.

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Canadian competition bureau has major concerns about proposed Bunge-Viterra merger

Latest Stories

London Drugs announces gradual reopening of stores following cybersecurity incident

For 'the price of a new truck' you can buy a dream retirement home abroad — but consider these 3 things first

Toronto medical officer sees drug decriminalization as 'health issue,' despite Ford's opposition

Berkshire pares huge Apple stake as cash, operating profit set records

TikToker says she makes more per hour working at Domino’s than at NBC. Are fast food jobs more desirable now?

The AI boom reminds this expert of the dot-com bubble — with one dangerous difference

Oil Steadies After Weekly Slump as Saudi Arabia Raises Prices

Warren Buffett says Berkshire sold entire Paramount stake at a loss

As Ottawa replaces watchdog for firms operating abroad, advocates urge full reform

25 Ways To Make an Extra $500 a Month

Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'

After Trump-era cuts, the American refugee system rebuilds across the country

Jaspreet Singh Says To ‘Stop Acting Like a Broke Employee’ — Here’s How

Should I Take a $48,000 Lump Sum or $462 Annuity From My Pension?

Ping An votes against reappointment of HSBC CEO as director, source says

WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake

Budgeting too scary? Try cash-flow planning instead to help your finances

Wolfspeed, Inc. (NYSE:WOLF) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Weekly Roundup on the Cannabis Sector & Psychedelic Sector

Apple keeps spending less to make more: Chart of the Week