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New York City pension funds call for absolute GHG emission targets at RBC
New York City comptroller Brad Lander and three of the city's pension funds are offering shareholder proposals calling on several banks including Royal Bank of Canada to disclose absolute greenhouse gas emissions targets for 2030.
Jan 24, 2023 3:51 PM
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U.S. Justice Deptartment sues Google over digital advertising dominance
WASHINGTON (AP) — The Justice Department and eight states filed an antitrust suit against Google on Tuesday, seeking to shatter its alleged monopoly on the entire ecosystem of online advertising as a hurtful burden to advertisers, consumers and even the U.S. government
Jan 24, 2023 3:41 PM
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Alphabet to close Edmonton office of AI subsidiary DeepMind
EDMONTON — Alphabet Inc. says it will close the Edmonton office owned by its artificial intelligence subsidiary DeepMind.
Jan 24, 2023 3:15 PM
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Uganda begins oil drilling, hopes for production by 2025
KAMPALA, Uganda (AP) — Oil drilling has begun in a Chinese-operated field in Uganda and the East African country expects to start production by 2025, an official said Tuesday.
Jan 24, 2023 1:57 PM
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Metro hikes dividend 10%, reports higher profit and sales in first quarter
Metro Inc., the first of Canada's big three grocers to release earnings this year, reported Tuesday a double-digit increase in profits and a 10 per cent dividend hike following a period that saw food prices rise at the fastest pace in decades.
Jan 24, 2023 1:55 PM
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Companies' diversity commitments at risk amid possible recession: study
TORONTO — A new report says that pledges made by companies to support diversity are at risk as the corporate sector prepares for a possible recession.
Jan 24, 2023 12:57 PM
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Elon Musk takes stand for 3rd day in Tesla investors lawsuit
SAN FRANCISCO (AP) — Elon Musk returned to the stand for a third day Tuesday in federal court in San Francisco to testify in a trial stemming from a class action lawsuit brought by Tesla investors who allege he misled them with a tweet.
Jan 24, 2023 11:43 AM
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Thinking about doing a no-buy challenge? Here's what to consider
As inflation continues to weigh on Canadians' budgets, some may have entered the new year taking on a self-imposed "no-buy challenge.
Jan 24, 2023 10:00 AM
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Stocks open lower on Wall Street as earnings reports rev up
NEW YORK (AP) — Stocks are opening lower on Wall Street as more big U.S. companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading to drops in the stock prices.
Jan 24, 2023 9:50 AM
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Twitter faces lawsuits over unpaid rent for US HQ, UK office
LONDON (AP) — More landlords are taking Twitter to court over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices — the latest sign that owner Elon Musk's extreme cost-cutting strategy includes s
Jan 24, 2023 9:23 AM
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