Business Headlines

On Home Capital, Warren Buffett doubles his money before he even starts

Warren Buffett is no stranger to taking advantage of dark times to turn a much-needed investment to his advantage. The Oracle of Omaha, whose Berkshire Hathaway emerged late Wednesday as a major owner of shares in Home Capital Group Inc., as well as a ... Read Full Article

'Zero chance' of a cabinet shuffle this summer, senior official says

As cabinet ministers head back to their ridings this summer, a senior government official says they can be secure in the knowledge that they won't be shuffled out of their job before Parliament resumes sitting this fall. Despite rumours of prorogation as ... Read Full Article

Retail Giant Amazon Plans to Buy Whole Foods for $13.7 Billion

Beyond the romantic metaphor, Mackey also said the companies discussed what they could do together, though he could not share those plans until the transaction closed. Some shoppers worry about the quality of their produce and say they're rather pick their ... Read Full Article

You can become wealthy working for someone else

Most people have daydreams about getting rich, but your employer likely isn’t in any of them. However, not all millionaires acquired their wealth through the lottery or a brilliant business idea, as we usually imagine. It is possible to become wealthy ... Read Full Article

Sears Canada announces closure of St. Albert location

When he received a call Thursday, the last thing he expected was the news that his Sears Canada store would be closing in St. Albert. Now left with a two-year lease on his store, Shawn Nawaz is anxious for the future. He has four employees at the store on ... Read Full Article

Amazon's Purchase: What this Means for other Grocery Stores

Inc just announced a deal to purchase Whole Foods Market Inc for US$13.7 billion, marking a move into the realm of brick-and-mortar stores that is already sending shockwaves through the economy. None other than John Mackey, Whole Foods chief executive ... Read Full Article

Growing missing middle spells serious consequences

They’ve refused to do what economists, policy analysts and wonks have been saying for years, which is downsize their homes and move into condo towers. They’ve created a housing problem that the national Canadian Home Builders’ Association (CHBA) says ... Read Full Article

1,075 Bitcoins will get you a home in Coquitlam

A luxury seven-bedroom, six-bathroom home located near the 18th hole of the Westwood Plateau Golf and Country Club can be yours for 1,075 Bitcoins, according to an ad posted on the Beijing Craigslist website. The posting went live 29 days ago and was ... Read Full Article

Morgan Sindall Group PLC (MGNS) Insider Sells 13174 Shares of Stock

Therefore 78% are positive. Chemring Group PLC had 62 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 11 by Canaccord Genuity. On Friday, January 27 the stock rating was maintained by HSBC ... Read Full Article

Expansion And Diversification: Papua New Guinea’s Energy Sector

Rising demand and a need to boost connectivity to the national grid are driving rapid expansion in Papua New Guinea’s electricity sector, with a range of sources tapped to meet the government’s power access targets. Currently, PNG has less than 600 MW ... Read Full Article

Mississauga set to build boxed soccer pitch

The pitch is part of the city's ongoing efforts to bring recreational spaces to its dense urban centre. Councillor John Kovac stands next to a boxed soccer pitch the City of Mississauga piloted. (Courtesy the City of Mississauga) Councillor John ... Read Full Article

SeaWorld subject of federal probes related to documentary

NEW YORK (CNNMoney) - SeaWorld revealed in a public filing Friday that two federal agencies are investigating the company for matters related to CNN's "Blackfish" documentary. The company said it's the subject of separate probes -- one from the Justice ... Read Full Article

TBay CHAMBER CONCERNED ABOUT IMPACTS OF PROPOSED LABOUR REFORMS

THUNDER BAY,ONTARIO – May 31, 2017 (LSN) The Thunder Bay Chamber of Commerce is expressing concern that the Ontario Government’s Fair Workplaces and Better Jobs Plan does not fully consider the impacts of such broad changes on jobs, consumer costs and ... Read Full Article

U.S. E&P’s See Reserves Drop As Oil Sands Struggle

Independent E&P companies saw liquids reserves decline again in 2016, as lower prices continued to squeeze producers. Oil prices in early 2016 dropped to the lowest levels in more than a decade. While OPEC’s output cut did improve the price environment ... Read Full Article