Quebecor complains to Competition Bureau about Loblaw-Glentel agreement

Bloomberg
Canada Finds It’s Cheaper to Ship Oil Via Stop in California
(Bloomberg) -- Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California is making for a longer but potentially cheaper journey.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionSupreme Court Ends OxyContin Settlement, Cracking Sackler ShieldChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksBolivia’s President Arce Swears i
Reuters
Potential China action against EU pork may be double-edged sword for Brazil
China's potential imposition of anti-dumping measures on European Union pork imports, a disastrous scenario for the bloc, could benefit Brazil's exporters but also affect the country's ability to compete elsewhere, analysts and industry sources said. Chinese companies have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media have reported. The potential for additional demand from China as a consequence of any anti-dumping measures is welcome for Brazilian exporters.
The Canadian Press
The Supreme Court strips the SEC of a critical enforcement tool in fraud cases
WASHINGTON (AP) — The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies.
Reuters
Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say
WARSAW (Reuters) -Poland's biggest energy company Orlen warned gas companies in Hungary, Slovakia and Austria that it could seize their payments for imports from Russia's Gazprom, sources familiar with the matter said. The warnings, in letters sent over a month ago, are linked to claims for losses Poland incurred after being cut off from Russian supplies in 2022, two sources with knowledge of the letters told Reuters. Poland was cut off for not paying in roubles as Western nations imposed sanctions on Russia following its invasion of Ukraine.
GOBankingRates
I’m Planning To Run Out of Money in Retirement — Here’s Why
The concept of running out of money intentionally in retirement might initially seem a bit strange. After all, we're so often taught the importance of saving, investing and preparing ourselves for...
Bloomberg
Banker-Lawyer duo make billions from audacious natural gas bet
(Bloomberg) -- The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYouTuber Dr Disr
Fortune
The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike
Boeing’s employees are battling for a new contract—and it appears management is facing two choices: one bad and the other worse.
The Motley Fool
1 Canadian Mining Stock Worth a Long-Term Investment
This mining stock has a huge future ahead of it, especially as copper surges in demand around the world. And the dividend is the cherry on top! The post 1 Canadian Mining Stock Worth a Long-Term Investment appeared first on The Motley Fool Canada.
Canadian Press Videos
Father of opioid victim reacts to the Supreme Court ruling on opioid settlement
The Supreme Court has rejected a nationwide settlement with Purdue Pharma that would've shielded Sackler family members who own the company from civil lawsuits over the toll of opioids. (AP Video: Tassanee Vejpongsa)
Business Insider
LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.
Warren Buffett, 93, reportedly wrote to Arnault, 75, about the cap. Buffett has long argued that great bosses, like fine wines, get better with age.
South China Morning Post
Huawei smartphone sales see biggest growth in 618 shopping festival, but Apple stays ahead
Huawei Technologies has emerged as the big winner in China's smartphone market for the recently-concluded midyear 618 shopping festival with the biggest jump in sales and the smallest discounts, according to the latest data from Counterpoint Research. Huawei sales jumped 42.4 per cent during the one-month 618 sales period that started May 20, according to Counterpoint, which attributed the rise to continued strong demand for the company's latest handsets, including those from the Mate 60 and Pur
Investing.com
EU Electric Vehicle Tariff Implications: China Takes The EV Lead
After spectacular gains sales of electric vehicles are struggling in the West, with China taking the lead. Barclays takes a look at the situation. Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany.
GOBankingRates
4 Middle-Class Retirement Traps That Deplete Your Savings
Did you know that 46% of retirees have no plan if their retirement savings run out? How about that 79% of Americans agree that there is a retirement savings crisis? With prices rising across the...
Reuters
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
AMSTERDAM/HAMBURG (Reuters) -Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expand capacity at its main production site in Hamburg, Germany. The investment by Dutch-headquartered Nexperia, owned by Chinese electronics maker WingTech, is a rare example of a computer chip investment made in Europe without assistance from state subsidies under the EU's Chips Act launched in 2023. It also comes as the European Union is considering whether China is unfairly subsidising domestic Chinese production of simple "legacy" chips, found in cars, electric systems, smartphones and industrial applications.
Yahoo Finance
Chipotle sales have been on fire. Here are 3 ways the burrito chain can keep them sizzling.
Chipotle is winning over investors, and one analyst thinks there are more levers the fast-casual restaurant could pull to keep the flame burning long-term.
Reuters
Elon Musk won $56 billion payday because of vote, Tesla argues in court
Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to a court filing made public on Thursday. The company's filing comes two weeks after Tesla shareholders voted to ratify the 2018 package of stock options. Tesla held the vote following a January ruling by a Delaware judge to void the compensation because Musk improperly controlled the negotiation process and the company misled shareholders about key details.
Canadian Press Videos
Volunteers distribute food after Arkansas mass shooting closes town's only grocery store
After a gunman killed four people and injured 10 at the Mad Butcher grocery in Fordyce, Arkansas, the town of 3,200 residents has been grieving with the shock of a mass killing and coming together after the loss of their only grocery store.
CBC
How inflation took a bite out of workers' wages as they rose over the past decade
There's a stark difference when 32-year-old Olivia Polk compares her life to how her mom's looked at the same age.In terms of owning a home and a car, or having a family, "I don't have any of those things, and I don't imagine that I will any time soon," she said.Until recently, Polk worked for a Halifax organization that provides affordable housing, saw herself as middle class and made well above minimum wage.But despite sharing living expenses with her partner, she said they still live paychequ
Reuters
Meta must face lawsuit claiming it prefers foreign workers over US citizens
(Reuters) -A U.S. appeals court on Thursday revived a software engineer's proposed class action claiming Meta Platforms refused to hire him because it preferred to give jobs to foreign workers who are paid lower wages. The San Francisco-based 9th U.S. Circuit Court of Appeals in a 2-1 ruling said that a Civil War-era law barring discrimination in contracts based on "alienage" extends to bias against U.S. citizens. The decision reverses a California federal judge's dismissal of a lawsuit by Purushothaman Rajaram, a naturalized U.S. citizen who says Meta passes over American workers for jobs in favor of cheaper visa recipients.
South China Morning Post
MWC Shanghai: AI in focus as China's telecoms operators and gear makers seek new growth
Artificial intelligence (AI) took centre stage at MWC Shanghai, the regional edition of the world's largest mobile communications industry trade show, as China's telecommunications network operators and equipment suppliers look to advances in the technology to bolster their businesses. Senior executives from China Mobile, China Unicom, China Telecom, Huawei Technologies and ZTE Corp presented their AI strategies at Wednesday's opening of MWC Shanghai, which runs until Friday. The event's main th

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Quebecor complains to Competition Bureau about Loblaw-Glentel agreement

Latest Stories

Canada Finds It’s Cheaper to Ship Oil Via Stop in California

Potential China action against EU pork may be double-edged sword for Brazil

The Supreme Court strips the SEC of a critical enforcement tool in fraud cases

Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say

I’m Planning To Run Out of Money in Retirement — Here’s Why

Banker-Lawyer duo make billions from audacious natural gas bet

The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike

1 Canadian Mining Stock Worth a Long-Term Investment

Father of opioid victim reacts to the Supreme Court ruling on opioid settlement

LVMH boss Bernard Arnault raised his job's retirement age to 80. Warren Buffett told him that age limit was too low.

Huawei smartphone sales see biggest growth in 618 shopping festival, but Apple stays ahead

EU Electric Vehicle Tariff Implications: China Takes The EV Lead

4 Middle-Class Retirement Traps That Deplete Your Savings

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Chipotle sales have been on fire. Here are 3 ways the burrito chain can keep them sizzling.

Elon Musk won $56 billion payday because of vote, Tesla argues in court

Volunteers distribute food after Arkansas mass shooting closes town's only grocery store

How inflation took a bite out of workers' wages as they rose over the past decade

Meta must face lawsuit claiming it prefers foreign workers over US citizens

MWC Shanghai: AI in focus as China's telecoms operators and gear makers seek new growth