Last month, Consumer Reports (CR) revealed that dozens of dark chocolate products sold in the U.S. contain cadmium and lead — two heavy metals that can cause various health problems in children and adults, such as kidney damage and immune system suppression. Some of the products listed in the report included chocolates from Hershey’s, Theo, …
GIC yields are once again attractive to investors, but at least one money manager says choosing a five-year GIC may not be the best choice. With Guaranteed Investment Certificates (GIC) yields now above five percent and interest rates widely believed to have potentially peaked, some investors may be considering locking in those high yields. However, …
GICs are ‘tempting’ but only for a shorter period, money manager says Read More »
In BC, where the company has five offices, there were no similar orders. A life insurance agency operating five branches in BC has been sanctioned by Ontario’s financial regulator for potentially deceptive sales tactics. Agents of Greatway Financial Inc. they can be located in offices in Abbotsford, Kelowna, Surrey, Burnaby and Victoria. While their counterparts …
Insurance company operating in BC ordered retraining of Ontario agents Read More »
Photo: Peterson Group Dilworth Mall Redevelopment Proposal The City of Kelowna says it has done a lot to address housing affordability over the past few years, but it can and must do more. That’s at the heart of a report which looks at the city’s housing affordability crisis before the council and highlights what needs …
Kelowna still struggles with housing affordability: report – Kelowna News Read More »
Quebec Premier Francois Legault speaks during a news conference at the Legislative Assembly in Quebec City on January 18.Jacques Boissinot/The Canadian Press Quebec must press ahead with plans to build new hydroelectric plants to boost its bargaining power in upcoming talks with Newfoundland and Labrador on a power purchase agreement at Churchill Falls, Premier François …
CNBC’s Jim Cramer warned investors on Friday not to make trading decisions fresh off a company’s earnings report. Stocks rebounded on Friday after initially falling on quarterly earnings reports and recession warnings from major banks. All three major indexes ended the week in the red as investors shrugged off a slew of earnings reports and …
Cramer’s week ahead: Wait to trade the company’s earnings Read More »
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can login right here. You can listen to the audio version of the newsletter by clicking on the same link. New York CNN — Investors are holding their breath in anticipation of Thursday morning’s Consumer Price Index …
Investors again underestimate inflation | CNN Business Read More »
Tourists visit ice sculptures in Harbin, Heilongjiang Province on New Year 2023. Chinese Intelligence Service | VCG | Getty Images BEIJING — It will take time for Chinese consumers to start spending again, despite China’s sudden move toward reopening. About a month after the city of Guangzhou resumed in-store dining, local cafe owner Timothy Chong …
China’s large consumer market is not yet rebounding to pre-pandemic levels Read More »
Photo: Contributed The number of Canadians declaring insolvency has been on the rise in recent months, and the trend is being seen locally. The latest data released Thursday by the Bankruptcy Review Board showed that total insolvencies across Canada, including individual and business insolvencies, rose 7.3 per cent in November 2022 compared to the previous …
Thompson-Okanagan bankruptcies follow growing national trend – Kelowna News Read More »
Elon Musk is trying to cut Twitter expenses as close to zero as possible while his personal wealth dwindles — and that apparently included falling behind on rent payments on the company’s offices. Twitter owes $136,260 (£113,601) in back rent at its offices on the 30th floor of a downtown San Francisco building, according to …
Twitter sues Elon Musk for $136,260 in unpaid rent after takeover Read More »
Also coming into the New Year will be the federal government’s promised ban on foreign home buyers amid a growing push to make housing more affordable for Canadians. Starting Jan. 1, 2023, foreign commercial businesses and people will be banned from buying residential property in Canada for two years in an effort to cool the …
Sunwing Vacations has come under scrutiny for telling passengers they would be compensated far less than the legal obligation for their missing and lost luggage. The travel company told several passengers it would reimburse them up to $450 — roughly $600 CAD — for what they spent replacing essential items in luggage that didn’t arrive …
