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Global News
Canada Post CEO says he'd like to see delivery 7 days a week
Canada Post has been asking the federal government to consider amending legislation to remove the mandate for delivery five days a week, raising concerns that daily delivery could end. But Canada Post's CEO told MPs on Wednesday there's no plans to cut back on delivery, even saying he'd like to see delivery every day of the week including weekends. Sean Previl reports on what was said and why experts say the corporation needs to evolve.
The Canadian Press
Hitachi Rail to add 1,000 Canadian employees as Thales deal closes
TORONTO — Hitachi Rail says it is adding around 1,000 employees in Canada through its $2.5-billion acquisition of Thales' Ground Transportation Systems.
GOBankingRates
I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
Bloomberg
Saudi Arabia Puts Wall Street on Notice to Set Up Shop in Riyadh
(Bloomberg) -- Saudi Arabia’s wealth fund is starting to add some new fine print to the documents it sends to bankers hoping to do business with the $925 billion investor. It wants to know whether their firms have obtained a regional headquarters license in the kingdom.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedModi Set for Landslide Election Win in India, Exit Polls ShowTrump Is Guilty on All Counts in Hush-Money Case. Now What?Here Are the Late
South China Morning Post
Huawei overtakes Samsung as world's top 5G foldable smartphone vendor in first quarter, Counterpoint data shows
Huawei Technologies beat Samsung Electronics to become the world's bestselling foldable smartphone brand in the first quarter, marking the first time that the US-sanctioned Chinese giant has topped that segment, according to a consultancy report. Shenzhen-based Huawei saw its foldable smartphone shipments in the first three months of the year jump 257 per cent year on year, according to data published by research firm Counterpoint on Thursday. In the same period last year, Samsung commanded 58 p
GOBankingRates
Can You Realistically Follow Dave Ramsey’s 8% Retirement Rule?
Radio show host and financial guru Dave Ramsey doesn't seem to mind taking a contrarian view of personal finance. So he probably wasn't surprised at the pushback he got for proposing an 8% retirement...
Hilton Head Island Packet
Former Beaufort County employee alleges harassment and retaliation in federal lawsuit
While the federal lawsuit is filed only against the county, former administrator Eric Greenway’s name appears 87 times in the document.
Business Insider
Woman says 'near-vertical' Disney waterslide knocked her unconscious and caused brain damage in new lawsuit
The lawsuit says the Florida woman fell unconscious after "banging inside the ride" and that her family found her limp at the end of the waterslide.
Insider Monkey
Top Mining Company in the World by Revenue
In this article, we will take a look at the Top Mining Company in the World by Revenue. Taking into account the revenues of other mining companies, we have compiled a full free list of Top 15 Mining Companies in the World by Revenue. Mining is the process of extracting useful materials from the earth. […]
GOBankingRates
3 Key Signs You’re Saving Enough in Your 401(k) To Retire Comfortably — and 3 You Aren’t
The majority of employees who are utilizing their 401(k) plans believe they are saving enough to have the type of retirement they desire, a recent Bank of America report found. According to the 2024...
The Canadian Press
Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
DETROIT (AP) — A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge. ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion. Shareholders of the electric vehicle and solar panel company are voting on the package, with the results to be tabulated at Tesla's June 13 annual meetin
Variety
Vince McMahon Sexual Assault Lawsuit Paused Pending Ongoing DOJ Investigation, Ex-WWE Employee’s Lawyer Says
A civil lawsuit accusing WWE founder Vince McMahon of sexual assault and sex trafficking has been put on hold pending the ongoing investigation being conducted by the Justice Department, according to the lawyer representing the former WWE employee who sued McMahon. McMahon in January 2024 resigned from the board of TKO Group, the holding company majority …
The Canadian Press
US Labor Department sues Hyundai, suppliers in Alabama over alleged child employment
MONTGOMERY, Ala. (AP) — The U.S. Department of Labor wants a federal judge to prevent Hyundai and two other Alabama companies from what the government contends is the illegal employment of children.
SmartAsset
Is $2 Million Enough to Retire on at 55?
It's often said that a million dollars isn't as much as it used to be – but how about $2 million? A retirement fund of that amount can provide $80,000 in annual income - without even touching the principal. While … Continue reading → The post Is $2 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.
CBC
Montreal restaurateur hits immigration roadblock when trying to recruit staff from Haiti
Michael Lafaille, co-owner of Kwizinn restaurant in Montreal's Old Port, has spent upwards of $20,000 to recruit workers from abroad after years of struggling with a staff shortage. Despite his efforts, the foreign worker applications of four Haitian employees were rejected, with Immigration Canada stating that the candidates did not meet the job requirements."This isn't something that would happen in Ireland, France or Germany. This is really something that has to do with Haiti," said Lafaille.
The Canadian Press
Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million
MIAMI (AP) — Two Citgo oil executives detained for nearly five years in Venezuela have sued their former employer for more than $400 million, alleging it conspired to lure them to the South American country under a false pretext and then abandoned them as they endured horrendous prison conditions for crimes they didn't commit. Brothers Alirio and Jose Luis Zambrano were among six executives at Citgo who traveled to Venezuela right before Thanksgiving in 2017 to attend a meeting at the headquarte
Reuters
Factbox-Who is Kimbal Musk, the Tesla director in cowboy hat?
Also coming up is the re-election of directors, including Musk's younger brother, Kimbal. Usually seen posing in a cowboy hat, Kimbal's bio on the Tesla website says he is an entrepreneur, activist and a chef. * Born a year after Elon Musk, Kimbal grew up in South Africa with his brother before moving to Canada to pursue a business degree at Queen's University.
The Canadian Press
Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuit
NEW YORK (AP) — Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially discriminating against its Black financial advisers. The lawsuit alleges that African American advisers employed by Bank of America-owned Merrill received less compensation and promotions than their white counterparts — and were terminated at higher rates than their white colleagues, with fewer advancing to more senior roles. The case allege
Bloomberg
Oil Extends Decline With Supply in Focus Before OPEC+ Meeting
(Bloomberg) -- Oil fell for a third day as a key market gauge highlighted oversupply concerns before an OPEC+ supply meeting on Sunday.Most Read from BloombergWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedDonald Trump Becomes First Former US President Guilty of CrimesSouth Africa Election Results With 29% Voting Districts InTrump Is Guilty on All Counts in Hush-Money Case. Now What?Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly DropsBrent crude for August was n
Reuters
Dell shares slump as heavy AI investments expected to dent margin
Dell is on track to lose more than $21 billion in market value, if losses hold. Companies, including Dell, have been investing heavily in pricey hardware to build-out advanced servers with the ability to process complex artificial intelligence tasks as more businesses rush to adopt the technology. It forecast adjusted profit per share of $1.65, plus or minus 10 cents, for the second quarter, versus LSEG estimates of $1.84 at the time Dell reported results on Thursday.

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Ichor Announces Upcoming Investor Events

Latest Stories

Canada Post CEO says he'd like to see delivery 7 days a week

Hitachi Rail to add 1,000 Canadian employees as Thales deal closes

I’m an Average Middle-Class Retiree: Here’s How Much Savings I Have

Saudi Arabia Puts Wall Street on Notice to Set Up Shop in Riyadh

Huawei overtakes Samsung as world's top 5G foldable smartphone vendor in first quarter, Counterpoint data shows

Can You Realistically Follow Dave Ramsey’s 8% Retirement Rule?

Former Beaufort County employee alleges harassment and retaliation in federal lawsuit

Woman says 'near-vertical' Disney waterslide knocked her unconscious and caused brain damage in new lawsuit

Top Mining Company in the World by Revenue

3 Key Signs You’re Saving Enough in Your 401(k) To Retire Comfortably — and 3 You Aren’t

Elon Musk sees another big advisory firm come out against his multibillion dollar pay package

Vince McMahon Sexual Assault Lawsuit Paused Pending Ongoing DOJ Investigation, Ex-WWE Employee’s Lawyer Says

US Labor Department sues Hyundai, suppliers in Alabama over alleged child employment

Is $2 Million Enough to Retire on at 55?

Montreal restaurateur hits immigration roadblock when trying to recruit staff from Haiti

Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million

Factbox-Who is Kimbal Musk, the Tesla director in cowboy hat?

Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuit

Oil Extends Decline With Supply in Focus Before OPEC+ Meeting

Dell shares slump as heavy AI investments expected to dent margin