Unify your inbox: GoDaddy integrates Gmail and Microsoft 365 into Conversations

The Canadian Press
LifeLabs class-action payments of $7.86 start flowing to more than 900,000 claimants
TORONTO — Canadians who applied to be part of a class-action lawsuit against LifeLabs Inc. are now receiving cheques and e-transfers. KPMG, which is administering the claims, says on the class-action website that more than 900,000 valid claims were received. Given the large number of valid claims, KPMG says claimants will receive an e-transfer of $7.86. Those receiving a cheque will get $5.86, after deducting a $2 processing fee. The class action was launched against LifeLabs after a 2019 data b
GOBankingRates
I’m a Baby Boomer Who Had To Un-Retire: 3 Money Lessons I Wish I’d Known
The youngest baby boomers turn 60 years old in 2024, meaning they are only a couple years away from qualifying for Social Security retirement benefits. Their oldest boomer compatriots, born in 1946,...
Reuters
Chinese firms make headway in producing high bandwidth memory for AI chipsets
SINGAPORE/BEIJING (Reuters) -Two Chinese chipmakers are in the early stages of producing high bandwidth memory (HBM) semiconductors used in artificial intelligence chipsets, according to sources and documents. The progress in HBM - even if only in older versions of HBM - represents a major step forward in China's efforts to reduce its reliance on foreign suppliers amid tensions with Washington that have led to restrictions on U.S. exports of advanced chipsets to Chinese firms. CXMT, China's top manufacturer of DRAM chips, has developed sample HBM chips in partnership with chip packaging and testing company Tongfu Microelectronics, according to three people briefed on the matter.
Global News
Fears of trade war escalating as Honda unveils home of new EV supply chain plant
Honda has selected Port Colborne, Ont., as the future site of a lithium ion separator plant, the first of its kind in Canada and a key part of the country's multibillion-dollar electric vehicle supply chain. The news coincides with the U.S. slapping heavy tariffs on Chinese electric cars, batteries, and minerals used to make those batteries. Mike Drolet explains what's behind the White House's decision, what it likely mean for Canada, and the broader ripple effects of a trade war.
CNN Business
McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore
For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less safe as price wars erupt.
Reuters
Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users
(Reuters) -Uber Technologies is introducing a shuttle service in the U.S. and widening a delivery tie-up with membership-only retailer Costco as part of a series of initiatives unveiled on Wednesday to attract price-conscious consumers amid competition from rival Lyft. The initiatives were unveiled at the company's GO-GET annual event for new products and are meant to maintain growth at the ride-share and delivery giant after a strong 2023 that saw it reporting its first-ever annual profit. The San Francisco, California-based company said it will allow Uber Shuttle users to reserve up to five seats in advance on buses operating in high-traffic areas like airports, concerts, and sports events.
WXYZ-Detroit Videos
Should restaurants be banned from adding service or inflation fees on your bill?
While dining out, you know that you're going to add gratuity, but lately, more restaurants have been adding more fees. Some call it a service fee. Others, a credit card fee, or an inflation charge. It's a practice happening so frequently in the state of California that lawmakers are putting a stop to it.
GOBankingRates
5 Simple, Effective Ways To Set Yourself Up for a Financially Secure Future
One of the easiest ways to set yourself up for a financially secure future is to contribute to your workplace retirement savings account -- but many women are not doing this. In fact, only 52% of...
Associated Press Finance
Walmart lays off hundreds of employees and requires others to relocate
Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant’s campus offices. It also said it will require most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to its primary offices in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area. The news, conveyed via a Walmart staff memo provided to The Associated Press, said the relocations will serve the goal of “bringing more of us together more often.”
Bloomberg
OPEC+ Reopens the Fraught Debate Over Its Members’ Oil Production Capacity
(Bloomberg) -- OPEC+ is once again grappling with the thorny question of how much oil its members are actually capable of pumping, an issue that poses risks for the group’s efforts to stabilize world markets. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesMacron Puts French Banks in Play With Plan to Transform EuropeHow One of the World's
GOBankingRates
Middle-Class Retirement: 6 Tips To Save for Your Golden Years
Although the definition of "middle class" has evolved over the years, the one thing that has remained constant is that middle-income earnings are not keeping up with inflation. According to government...
Reuters
UPDATE 2-Converse to cut jobs as part of Nike's cost-savings plan
Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid out a costs saving plan in December that would stretch over the next three years and also include tightening the supply of some products and reducing management layers. The cost-saving plan has prompted a slew of job cuts over the past few months at the world's largest sportswear maker.
United Press International
Red Lobster closes dozens of restaurants amid bankruptcy reports
U.S.-based Red Lobster abruptly closed more than 50 of its seafood restaurants across the country on Monday, as the company is reported to be considering Chapter 11 bankruptcy protection.
GOBankingRates
Want an ‘Unfair’ Wealth-Building Advantage? 3 Things Ramit Sethi Says To Do
Building wealth over the long term is crucial to financial success, especially later in life when you enter retirement. Building wealth can seem overwhelming, but it certainly doesn't have to be....
CoinDesk
Huobi Hong Kong Withdraws License Application for the Second Time
Huobi Hong Kong has withdrawn its license for a second time. Neither Hong Kong's market regulator nor Huobi have commented on the withdrawal. The Hong Kong-based subsidiary of HTX has once again withdrawn its application for a virtual asset trading license in the country, according to a notice on the Securities and Futures Commission’s website.
SWNS
Serial Gen-Z job hopper says staying in a role for "stability" is "miserable"
A Gen-Z job hopper who has changed roles 17 times says older generations want her to be "miserable" by staying in a job for "stability". Mich Marie, 26, has job hopped since she had her first job in a supermarket aged 14. She spent her school years in different part-time roles such as in retail and restaurants. After graduating with a degree in human services from New York City College of Technology, Brooklyn, Mich went on to try different positions such as a case manager, window install assistant and care coordinator. Mich's longest role was a direct support professional which she held for two years and she tends to stay in her jobs for no longer than six months.
GOBankingRates
I’m a Financial Planner: 5 Ways Not To Spend Down Your Savings in Retirement
When you're working, saving for retirement feels like the hard part. But once you're retired, the challenge becomes spending in a disciplined fashion and according to a well-thought-out plan....
CBC
This substitute teacher says she's being forced to leave N.L. to get full-time work
Samantha Hicks, a teacher from Newfoundland's Codroy Valley, says she's leaving the province because it's too difficult to land a full-time position in the province. (Submitted by Samantha Hicks)A substitute teacher from the Codroy Valley says Newfoundland and Labrador's hiring practices are forcing her to leave the province for a job in the Northwest Territories.Samantha Hicks told CBC News in a recent interview she's tired of hearing about a shortage of teachers in the province. The problem is
Bloomberg
Oil Edges Up While Cloudy Outlook Keeps Prices Locked in Range
(Bloomberg) -- Oil edged higher as signs of a tighter market vied with decreased geopolitical risks to keep prices locked in a narrow band. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Retail FrenzyMacron Puts French Banks in Play With Plan to Transform EuropeChina to Start $138 Billion Bond Sale on Friday to Boost EconomyWest Texas Intermediat
Reuters
Swedish investor AP7 to back study on Mondelez Russia business
At least one Mondelez investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent study of the risks of continuing to do business in Russia, which faces a vote at the company's annual meeting this month. McDonald's and Starbucks are among the brands that departed Russia after its 2022 Ukraine invasion, while others such as Nestle remained there. AP7, which holds roughly 1.7 million Mondelez shares as of May, will support the resolution, said Johan Floren, the firm's chief environmental, social and governance and communication officer, in an email.

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

STOCKS JUMP AFTER U.S. INFLATION REPORT RELEASE

Unify your inbox: GoDaddy integrates Gmail and Microsoft 365 into Conversations

Latest Stories

LifeLabs class-action payments of $7.86 start flowing to more than 900,000 claimants

I’m a Baby Boomer Who Had To Un-Retire: 3 Money Lessons I Wish I’d Known

Chinese firms make headway in producing high bandwidth memory for AI chipsets

Fears of trade war escalating as Honda unveils home of new EV supply chain plant

McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore

Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users

Should restaurants be banned from adding service or inflation fees on your bill?

5 Simple, Effective Ways To Set Yourself Up for a Financially Secure Future

Walmart lays off hundreds of employees and requires others to relocate

OPEC+ Reopens the Fraught Debate Over Its Members’ Oil Production Capacity

Middle-Class Retirement: 6 Tips To Save for Your Golden Years

UPDATE 2-Converse to cut jobs as part of Nike's cost-savings plan

Red Lobster closes dozens of restaurants amid bankruptcy reports

Want an ‘Unfair’ Wealth-Building Advantage? 3 Things Ramit Sethi Says To Do

Huobi Hong Kong Withdraws License Application for the Second Time

Serial Gen-Z job hopper says staying in a role for "stability" is "miserable"

I’m a Financial Planner: 5 Ways Not To Spend Down Your Savings in Retirement

This substitute teacher says she's being forced to leave N.L. to get full-time work

Oil Edges Up While Cloudy Outlook Keeps Prices Locked in Range

Swedish investor AP7 to back study on Mondelez Russia business