Canada Markets close in 2 hrs 34 mins

Disney unveils Disney+ streaming service to take on Netflix

  • Three tips to get a good credit score before you need it
    Finance
    Yahoo Finance

    Three tips to get a good credit score before you need it

    As young adults approach the time to apply for their first apartment or car loan, they may have to pay more or risk getting denied because they can't prove they can pay. Experts share their tips on how to get a good credit score before you need one.

  • Innovation in Canada: How homegrown companies are blazing a trail in the plant-based food space
    Finance
    Yahoo Finance Canada

    Innovation in Canada: How homegrown companies are blazing a trail in the plant-based food space

    Plant-based foods are increasing in popularity in Canada, and companies, industry groups and the government are all racing to keep up.

  • Deutsche Bank Said to Lose Money on Risk-Management Trades
    Finance
    Bloomberg

    Deutsche Bank Said to Lose Money on Risk-Management Trades

    Traders in New York pooled billions of dollars of positions into one portfolio, known as a central risk book, in an attempt to avert losses and potentially make more money, people familiar with the strategy said. The fallout forced Deutsche Bank to slash the book’s size, while one of the traders in

  • Crude Gains Most in 5 Months, Shrugging Off U.S. Inventory Gain
    Finance
    Bloomberg

    Crude Gains Most in 5 Months, Shrugging Off U.S. Inventory Gain

    Futures in New York rose as much as 4.6 percent on Wednesday, clawing back more than half their losses from the previous day’s rout. The Organization of Petroleum Exporting Countries is due to meet with other major producers in Vienna next month, with Saudi Arabia proposing at least a 1 million barrel

  • Finance
    The Canadian Press

    Experimental plane flies silently, may lead to quiet drones

    A nearly silent, drone-sized aircraft has shown it can fly, thanks to a scientist who was inspired by watching "Star Trek" as a child. With neither propellers nor jets, the airplane gets its thrust by applying a strong electric field to the air. "Not anytime soon," says Steven Barrett

  • Stocks rally after Tuesday's rout
    Finance
    Yahoo Finance

    Stocks rally after Tuesday's rout

    Stock futures pointed to a higher open following a crushing Tuesday session that turned both the S&P 500 and the Dow negative for the year.

  • Canada's E. coli outbreak steps lag U.S. because of caseloads: experts
    Finance
    The Canadian Press

    Canada's E. coli outbreak steps lag U.S. because of caseloads: experts

    When news broke Tuesday that consumers should avoid eating romaine lettuce because of an E. coli outbreak, the U.S. Centers for Disease Control and Prevention swiftly demanded retailers remove the vegetable from store shelves and restaurants stop including it in meals. Norman Neumann, the vice-dean

  • Finance
    Bloomberg

    Rudy Giuliani Surfs Uruguay’s Crime Wave

    When he’s not counseling President Donald Trump on how to stay out of legal trouble, he’s likely jetting off to some distant land with a plan to save it from murder and criminal mayhem. Politicians are also under increasing economic pressure to curb criminal violence.

  • As Ghosn heads for Nissan exit, Renault merger hopes fade
    Finance
    The Canadian Press

    As Ghosn heads for Nissan exit, Renault merger hopes fade

    The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company's CEO has publicly opposed. Ghosn had this year said he was open to the idea of a merger between Nissan and Renault, where he is chief executive and

  • Ikea to cut about 100 jobs in Canada as it adjusts to customer behaviour changes
    Finance
    The Canadian Press

    Ikea to cut about 100 jobs in Canada as it adjusts to customer behaviour changes

    Swedish home furnishings giant Ikea says about 100 jobs in Canada could be impacted over two years as it adjusts to changing customer behaviour. The retailer expects to cut 7,500 jobs worldwide as addresses urbanization, new technology and digitalization that are changing the way customers live and

  • Abu Dhabi's IPIC files lawsuit against Goldman Sachs, others over 1MDB case
    Finance
    Reuters

    Abu Dhabi's IPIC files lawsuit against Goldman Sachs, others over 1MDB case

    Abu Dhabi's International Petroleum Investment Co (IPIC) said on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs and others to recover losses suffered through its dealings with Malaysian state fund 1MDB. 1Malaysia Development Bhd (1MDB) [TERRN.UL] is the subject of corruption

  • Tech Rebound, Small Cap Strength Pace Stocks Rally: Markets Wrap
    Finance
    Bloomberg

    Tech Rebound, Small Cap Strength Pace Stocks Rally: Markets Wrap

    Treasuries rose and the dollar fell amid speculation the Federal Reserve may soften its stance on raising interest rates. All major equity benchmarks were higher, with the small-capitalization Russell 2000 Index rose nearly 2 percent to lead the gains, and the Nasdaq 100 Index wiped out much of its

  • Confessions of a mortgage underwriter
    Finance
    Yahoo Finance

    Confessions of a mortgage underwriter

    Mortgage underwriter Linda Weekes has tips for navigating the mortgage loan application process.

  • Goldman’s 1MDB Scandal Deepens With Abu Dhabi Funds’ Lawsuit
    Finance
    Bloomberg

    Goldman’s 1MDB Scandal Deepens With Abu Dhabi Funds’ Lawsuit

    The furor surrounding Goldman Sachs’s role in raising money for the Malaysian state investment fund, known as 1MDB, has weighed on the bank’s shares, which fell the most in seven years on Nov. 12 after Malaysia’s finance minister said he would seek a full refund of all the fees it paid for 1MDB deals

  • Finance
    The Canadian Press

    Quebec paint manufacturers seize on Sico's exit to grab market share

    Quebec paint manufacturers are seizing on the American-owned Sico paint company's move to Ontario from Quebec by launching marketing campaigns and tapping into renewed sensitivity around local ownership after a string of closures and layoffs. Sico, an 81-year-old company bought by American giant

  • World stocks, oil climb after rout; euro rises on Italy budget hopes
    Finance
    Reuters

    World stocks, oil climb after rout; euro rises on Italy budget hopes

    The recovery in U.S. tech and other momentum stocks boosted the benchmark S&P 500 stock index after it fell 3.5 percent over the previous two sessions. Strong earnings from Foot Locker Inc and Gap Inc boosted consumer discretionary stocks. The small-cap Russell 2000 index rallied nearly 2 percent.

  • Finance
    The Canadian Press

    US mortgage rates fall: 30-year at 4.81 per cent

    U.S. long-term mortgage rates recorded the biggest drop in nearly four years this week, but remain much higher than they were a year ago. Mortgage giant Freddie Mac said Wednesday that the average rate on the benchmark 30-year, fixed-rate mortgage fell to 4.81 per cent this week, down from 4.94 per

  • How to invest now that the stock market has crashed
    Finance
    Yahoo Finance

    How to invest now that the stock market has crashed

    The bull market on Wall Street has come under big-time selling pressure ahead of 2019. Here's how you should go about looking at what companies to buy on the cheap.

  • Finance
    Bloomberg

    Buffett Solar Farm Downgraded as PG&E Credit at Edge of Junk

    Fitch Ratings Ltd. downgraded the debt of two solar farms in California on Wednesday, citing concern about PG&E’s finances. The utility, which was downgraded last week, is the sole electricity customer for Berkshire Hathaway Energy’s 550-megawatt Topaz Solar Farms and NextEra Energy Inc.’s 250-megawatt

  • Apple's stock rout starts and ends with the iPhone
    Finance
    CNBC

    Apple's stock rout starts and ends with the iPhone

    Apple's stock, once a safe haven from market turmoil, is more than 20 percent below all-time highs and clinging to modest year-to-date gains.

  • Finance
    Bloomberg

    N.J. Republicans Fear Wipeout in Democrats' Redistricting Plan

    A bill backed by Democrats, who control the governor’s office as well as the Assembly and Senate, seeks to put redistricting in the control of a 12-member panel, chosen in part by legislative leaders. Currently, those appointments are by Democratic and Republican state party chairmen. “This is a Democratic

  • Stock market volatility: Options traders expect more, more, more
    Finance
    Reuters

    Stock market volatility: Options traders expect more, more, more

    For the second time this year, volatility has returned with a vengeance, and traders in the equity options market are betting ongoing market gyrations are not about to let up any time soon. This year's regular bouts of volatility mark a sharp departure from 2017 when daily stock gyrations plunged

  • Fiscal update to lay out competitiveness plan, close loop on some Liberal vows
    Finance
    The Canadian Press

    Fiscal update to lay out competitiveness plan, close loop on some Liberal vows

    The federal government will release a fall economic update Wednesday that will seek to close the loop on some of its outstanding mandate commitments, leaving the door open for the Liberals to use next year's budget as their 2019 election platform. The document will also include Finance Minister

  • Finance
    The Canadian Press

    Company can be ordered to drill to end 14-year-old oil leak

    The company failing to end a 14-year-old oil leak in the Gulf of Mexico can be required to perform more underwater drilling and excavation work to stop the flow of crude, a federal regulatory board has ruled. The Interior Board of Land Appeals refused to excuse Taylor Energy Co. from requirements to

  • American Airlines glitch prevented passengers from getting tickets in Phoenix
    Finance
    Yahoo Finance

    American Airlines glitch prevented passengers from getting tickets in Phoenix

    A glitch in Phoenix took down American Airlines' systems, preventing people from getting their tickets at the airport.