Lululemon cutting over 100 jobs in Washington distribution centre closure

Global News
Loblaw boycott begins — will Canada's biggest grocer feel the pinch?
The campaign to boycott Loblaw stores has officially kicked off, but will Canadians stop shopping at the grocery giant's various banners — including the Real Canadian Superstore, Shoppers Drug Mart, No Frills, T&T, Zehrs, Provigo, and Dominion? Anne Gaviola explains what's prompted the boycott, and whether it will have a meaningful impact.
19 hours ago
Yahoo Finance Canada
Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices
"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."
25 minutes ago
Moneywise
This finance YouTuber says there’s 1 retirement trap that no one talks about — here’s what you need to know
The problem is more psychological than financial.
a day ago
The Canadian Press
Trans Mountain pipeline expansion gets green light to open for May 1
CALGARY — The long-awaited Trans Mountain pipeline expansion is complete and the Canada Energy Regulator has given the go-ahead for the project to open. The regulator said Tuesday it has approved the last remaining "leave to open" applications submitted by Trans Mountain Corp., the Crown corporation behind the project. Approval of these applications was required before the expanded pipeline could begin shipping oil. Also on Tuesday, Trans Mountain confirmed that Wednesday, May 1 will mark the co
2 days ago
CBC
Frustrated shoppers boycott Loblaw stores for month of May
Canadians frustrated with rising groceries prices have pledged to boycott Loblaw-owned stores for the month of May. On the same day it was set to begin, Canada's largest grocer reported a nearly 10 per cent increase in profits.
19 hours ago
SmartAsset
The Last 5 Years Before You Retire Are Critical: Everything You Should Do Before Time Runs Out
Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.
9 hours ago
Reuters
Rivian receives $827 million in incentives to expand Illinois facility, shares jump
The Irvine, California-based company's shares rose nearly 10% in afternoon trade after having lost more than 60% of their value this year, as of Wednesday's close. With the addition of the R2, Rivian expects a total annual capacity of 215,000 vehicles. The company said the funds from the state of Illinois would be spent on expanding the plant, improving public infrastructure and job training programs for its workforce.
2 hours ago
Reuters
Oil settles near 7-week lows, focus shifts to economy
NEW YORK (Reuters) -Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in U.S. interest rates. U.S. West Texas Intermediate crude futures fell 5 cents to settle at $78.95 a barrel, the lowest since March 12. Both benchmarks closed below their 200-day moving average, which is the key technical indicator of a bear market shift in crude oil prices, StoneX oil analyst Alex Hodes said.
20 hours ago
The Canadian Press
Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent
CALGARY — Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine's current capacity of approximately 255,000 barrels per day. The company, which is Canada's largest oil and gas producer by market capitalization, said the potential increase is a "long-term" opportunity that would depend on a number of conditions including government support for carbon capture an
4 hours ago
Reuters
Huawei's high-profile consumer CEO Richard Yu shifts role
While Yu becomes chairman, He Gang, the consumer business group's chief operating officer, will take over as the unit's CEO, the people said. Yu has headed Huawei's consumer unit, which includes its smartphone business, since 2012, a period marked by rapid growth, a hit from U.S. sanctions to the company's supply chain and more recently a rebound in sales. Yu's role as chairman of Huawei's smart car solutions business, a unit the company has said it intends to spin off into a new company, is unchanged, the person said.
2 days ago
Business Insider
Court documents reveal Google's payments to Apple increased to an eye-watering $20 billion
Documents in the antitrust case against Google revealed that the price it pays to be Apple's default search engine has increased over the years.
6 hours ago
The Canadian Press
CN, CPKC workers approve strike mandate as possible work stoppage looms
Employees at Canada's two biggest railways have authorized a strike that could see thousands of workers walk off the job in three weeks if they are unable to reach new deals on contract demands. About 6,000 employees at Canadian National Railway Co. and 3,300 at Canadian Pacific Kansas City Ltd. voted more than 97 per cent in favour of a strike mandate this week, the Teamsters Canada Rail Conference said Wednesday. “After six months of negotiations with both companies, we are no closer to reachi
21 hours ago
Reuters
Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines. Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies. BHP offered to buy Anglo last week, though Anglo rejected the proposal that would create the world's biggest copper miner, saying it undervalues the company.
2 hours ago
Simply Wall St.
Results: Transocean Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
It's been a mediocre week for Transocean Ltd. ( NYSE:RIG ) shareholders, with the stock dropping 12% to US$5.22 in the...
a day ago
Reuters
US fast-food chains may have to amp up promotions as more people eat at home
Global fast food giants may have to dole out steeper promotions to lure inflation-hit customers who are increasingly opting to eat at home, following weak sales from the likes of McDonald's and Starbucks this week. Disposable income in the United States is declining, particularly in the lower-income cohort, while the slow economic recovery in China has increased industry-wide pressures for quick-service chains including KFC owner Yum Brands that has extended across several quarters. Packaged food companies are also feeling the pinch of weak consumer spending, especially from low-income households, as their cookies and baked snacks see a slowdown in sales.
a day ago
The Canadian Press
Google and Apple now threatened by the US antitrust laws that helped build their technology empires
SAN FRANCISCO (AP) — The U.S. Justice Department's double-barreled antitrust attack on Google's dominant search and Apple's trendsetting iPhone is reviving memories of the epic battle that hobbled Microsoft before it roared back to yet again become the world's most valuable company. The parallels to the Justice Department's landmark antitrust case in 1998 could provide a window into the potential breakthroughs that could be unleashed if regulators succeed in their attempts to crack down on Googl
a day ago
GOBankingRates
4 Top Ways To Become Rich Without Getting a College Degree
You no longer need a college degree to get a high-paying job. Many of the top companies in the U.S., including Walmart, Amazon, Apple, Uber and Nike, have removed degree requirements from some job...
8 hours ago
CBC
Government confirms more details of return-to-office plan
The federal government has released more details about its plan to bring public servants back to the office three days a week, and says it expects departments to implement the updated hybrid schedule by early September.On its website Wednesday, the Government of Canada published a detailed directive on "prescribed presence in the workplace" for deputy heads of departments to follow. Earlier this week, a federal government source who was not authorized to speak publicly about the matter confirmed
23 hours ago
CNN Business
No, the electric vehicle market isn’t crashing. It just needs recharging.
When pondering what’s really happening with the auto industry’s shift to electric vehicles, it’s important to remember that two things – two very different things – can be true at the same time.
a day ago
Yahoo Finance
Starbucks stock plunges 14% after badly missing its Q2 earnings estimates
Starbucks' decaf-like start to the year continues into the second quarter.
a day ago

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Lululemon cutting over 100 jobs in Washington distribution centre closure

Latest Stories

Loblaw boycott begins — will Canada's biggest grocer feel the pinch?

Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

This finance YouTuber says there’s 1 retirement trap that no one talks about — here’s what you need to know

Trans Mountain pipeline expansion gets green light to open for May 1

Frustrated shoppers boycott Loblaw stores for month of May

The Last 5 Years Before You Retire Are Critical: Everything You Should Do Before Time Runs Out

Rivian receives $827 million in incentives to expand Illinois facility, shares jump

Oil settles near 7-week lows, focus shifts to economy

Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

Huawei's high-profile consumer CEO Richard Yu shifts role

Court documents reveal Google's payments to Apple increased to an eye-watering $20 billion

CN, CPKC workers approve strike mandate as possible work stoppage looms

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

Results: Transocean Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

US fast-food chains may have to amp up promotions as more people eat at home

Google and Apple now threatened by the US antitrust laws that helped build their technology empires

4 Top Ways To Become Rich Without Getting a College Degree

Government confirms more details of return-to-office plan

No, the electric vehicle market isn’t crashing. It just needs recharging.

Starbucks stock plunges 14% after badly missing its Q2 earnings estimates