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NEW YORK (AP) — The pandemic forced 30-year-old Stephanie Harnen to twice postpone her wedding. When she finally did get married, in June last year, she settled for a Thursday because her venue was fully booked on weekends. That turned out to be just fine with Harnen and her husband, Trevor. Most of their 163 invited guests made it, thanks to pent-up vacation time and flexibility working from home. Plus, she saved at least $10,000, in part by taking advantage of reduced rates at the Middletown,
More than one-third of airline pilots are still not flying as the pandemic continues to take its toll on aviation globally, according to a new survey, though the situation has improved from a year earlier when the majority were grounded. A poll of more than 1700 pilots by UK-based GOOSE Recruitment and industry publication FlightGlobal, released on Wednesday, found 62% globally were employed and currently flying, up from 43% a year earlier.
(Reuters) -Boeing Co said on Wednesday it incurred $4.5 billion charges in the fourth quarter on its sidelined 787 program, obscuring the U.S. planemaker's long-awaited return to positive cash flow fueled by rebounding 737 MAX deliveries. Shares in Boeing fell 3.6% as the array of charges and uncertainty over the 787 program dwarfed a surprise return to positive free cash flow and plans to increase production on the 737 and 777. The quarterly results underscore the challenges Boeing faces as it seeks to rebound from the coronavirus pandemic and 737 MAX safety crises, while navigating industrial and regulatory currents on its bigger 787 and 777X flagship.
The Canadian dollar edged higher against the greenback on Tuesday as some of the recent disquiet in financial markets eased a notch and investors prepared for a potential interest rate hike by the Bank of Canada. The loonie was trading 0.2% higher at 1.2615 to the U.S. dollar, or 79.27 U.S. cents, after trading in a range of 1.2598 to 1.2669. On Monday, it touched its weakest intraday level in more than two weeks at 1.2701 amid equity market turbulence.
As the COVID-19 pandemic continues, governments in Canada are trying new strategies to increase vaccinations. On Jan. 15, the federal government implemented a policy requiring that truck drivers entering into Canada be fully vaccinated. Unvaccinated foreign truckers can no longer enter Canada, while unvaccinated Canadian drivers will have to test and quarantine upon entry into the country. Backlash to the policy has emerged this week, as truckers and protesters from across the country head to Ottawa for a rally against the vaccine mandate. In Quebec, Premier Francois Legault is looking at a so-called "vax tax." Legault said he plans on tabling a bill in early February that would force individuals who refuse to get vaccinated to pay a “health contribution", adding that unvaccinated Quebeckers are a significant burden on the province’s healthcare system. On this episode of Editor's Edition, Alicja Siekierska and the Public Policy Forum's Sean Speer dig into the new and proposed vaccination policies, and the response to these approaches. They also take a look at Ontario’s reopening plan and the latest report from the Parliamentary Budget Officer. If you have any policy-related questions, or feedback about the show, please email firstname.lastname@example.org.
The CFIB issued a press release on Wednesday, saying small businesses are being driven "to the brink" by supply shortages and price increases.
SILVER SPRING, Md. (AP) — Sales of new single family homes in December rose to their highest level in 10 months as buyers snapped up cheaper homes in anticipation of higher interest rates. The increase put the seasonally adjusted annual sales pace to 811,000 for the month, according to the Commerce Department, an 11.9% increase over November's figure, which was revised down to 725,000 from 744,000. The median price of a new home, the point where half the homes sold for more and half for less, fe
OTTAWA — The Canada Revenue Agency is sending out a new round of letters to pandemic aid recipients to verify they were eligible for the help, and warning of potential need for repayments. It's the second time the agency is mailing Canada Emergency Response Benefit recipients as part of a process to verify the eligibility of the millions of Canadians who received the $500-a-week benefit. The CRA sent out more than 441,000 letters to CERB recipients near the end of 2020 asking them to verify they
TORONTO — Canada's largest association of small and medium-sized businesses is urging the federal government to reverse its policy banning unvaccinated truck drivers from entering Canada. The Canadian Federation of Independent Business says the vaccine mandate is creating supply shortages and driving up shipping costs. CFIB president Dan Kelly says businesses were already facing a major supply chain crunch and price increases on everything from fuel to building materials. He says Ottawa's border
(Reuters) -Abbott Laboratories on Wednesday beat quarterly profit and sales estimates, aided by robust sales of COVID-19 test kits and strong demand for its diagnostics products, but forecast lower-than-expected COVID-19 testing sales in 2022 due to uncertainties around the future of the pandemic. Abbott said it expects $2.5 billion in sales of COVID-19 test kits in the early part of this year. The company will update its test kit estimates on a quarterly basis.
Tesla's most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory. Tesla and other auto technology companies have missed their targets for self-driving software for years. "I love the fact that they're pushing the envelope, but I think they are too aggressive," said Roth Capital Partners analyst Craig Irwin.
DUBAI, United Arab Emirates (AP) — Saudi Arabia on Tuesday ordered the restoration of full diplomatic ties with Thailand and said the countries agreed to trade ambassadors, closing the chapter on three decades of mistrust and hostility between the nations that stemmed from a sensational jewelry heist. The rapprochement came during Thai Prime Minister Prayuth Chan-ocha's official visit to the kingdom, which marked the highest-level meeting between the countries since relations soured over the 198
Enbridge Inc (TSX:ENB)(NYSE:ENB) stock has a 7% yield. Is it a buy? The post Enbridge: 7% Yield AND Dividend Growth in One Package! appeared first on The Motley Fool Canada.
NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce radioactivity results and the completion of the 2021 field programs that focused on exploration and a detailed geotechnical site confirmation program at the Arrow Deposit ("Arrow" or the "Project") at the 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
These high-quality stocks continue to pay and increase their dividends irrespective of the wild market swings. The post Passive Income: How to Earn $315/Month appeared first on The Motley Fool Canada.
A trucker convoy has left the Regina area and is expected to stop in Winnipeg today before making a final stop in Ottawa later this week. The Regina Police Service estimates about 1,200 trucks went through the city last night. They converged at a truck stop in Balgonie, Sask., after coming from Saskatoon and other western provinces. The convoy was greeted last night by supporters — including Conservative members of Parliament Andrew Scheer and Warren Steinley — and again this morning by others b
Robinhood Markets Inc became a household name ahead of its stellar IPO last year, when retail investors used its trading app to drive shares of GameStop and other "meme stocks" into the stratosphere, but name recognition has not helped its share price lately. “The market is not being very patient with them,” said Greg Martin, co-founder and managing director at Rainmaker Securities, a brokerage specializing in private company deals. Waning investor interest in retail trading has weighed on shares of the commission-free online brokerage, which saw explosive growth at the beginning of 2021 as retail investors gobbled up viral stocks https://www.reuters.com/article/us-retail-trading-robinhood-anger/robinhood-is-new-eye-of-gamestop-storm-as-outrage-grows-idUSKBN29X33D including GameStop and AMC Entertainment.
Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla" or the "Company") is pleased to provide a year-end summary of its activities at its flagship Panuco silver-gold property (the "Property" or "Panuco") located in Sinaloa, Mexico and outline the Company's key objectives/milestones for 2022.
Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCMKTS: GPPRF) (Frankfurt: N8HP) ("CDPR" or the "Company") is pleased to announce the results of a Mineral Resource estimate for the Santander Project Magistral and Pipe deposits, in Huaral, Department of Lima, Peru, prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves, adopted by the CIM Council on May 10, 2014.
(Reuters) -Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of Wall Street expectations, as the world's largest chipmaker faces challenges linked to persistent global supply chain problems. Intel shares, which initially fell about 3% in late trade, recovered some ground after the company expressed confidence in demand for its chips and the ability to manage supply chain constraints. However, Chief Executive Officer Patrick Gelsinger said on a conference call that he expected those constraints to persist this year and into next year as the "unprecedented demand" for chips continued.