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News: Money

Saputo urges end to milk ingredients pricing system opposed by U.S.

Wednesday  10:27,   20 june 2018
cbc.ca

Saputo Inc. wants an end to a domestic milk ingredient pricing system that has angered the United States , chief executive Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country's sheltered dairy[...]

GE to end more than 100-year run on Dow; Walgreens added

Wednesday  10:06,   20 june 2018
msn

General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate's more than 100-year run in the 30-company blue chip index. S&P Dow Jones Indices said Tuesday that GE will be removed from the index[...]

Paint your front door this color and boost your home’s selling price by $8,200

Wednesday  09:26,   20 june 2018
marketwatch

Picking the wrong color could cost homeowners when it comes time to sell.Houses with front doors in shades of black — from charcoal to jet — fetched $6,271 (C$8,200) more than expected when sold, according to the latest paint color analysis from[...]

Starbucks to close 150 US stores as sales growth underwhelms

Wednesday  05:40,   20 june 2018
fortune

<p>Starbucks said on Tuesday that it would close U.S. 150 stores, about triple the number it usually shutters annually. The overall number of stores will continue to increase, but that growth will be focused.</p>If you sometimes get the[...]

Canadian workplaces unready for legal pot: report

Wednesday  03:56,   20 june 2018
cbc.ca

Most Canadian workplaces are simply not ready for the impact of legalized recreational cannabis, according to report by the Conference Board of Canada.The board, which conducts research on behalf a variety of organizations from both the private and[...]

A Canadian Firm Prepares To Mine Land Trump Cut From Monument Protection

Wednesday  03:55,   20 june 2018
huffingtonpost.ca

A Canadian company is looking to extract copper and other minerals from the site of a former mine that was, until recently, within the boundary of Grand Staircase-Escalante National Monument and off limits to such development. The land was part of[...]

Iran rebuffs Trump's call for OPEC to increase oil output

Wednesday  02:55,   20 june 2018
msn

Iran lashed out Tuesday against U.S. President Donald Trump's call on OPEC to increase oil production and limit global energy prices, saying the cartel "is not an American organization."The OPEC oil ministers began arriving in Vienna[...]

At $9.7 Million a Pop, Private Jets Are Luring Buyers Again

Wednesday  02:51,   20 june 2018
msn

If anyone’s looking for further evidence of a strong economy, here’s a sign: Wealthy individuals and companies are starting to snap up used private jets before they get too expensive. Take Steven Myers. A private-equity financier and a licensed[...]

As Kim Visits China, Xi Flaunts Bargaining Chip in Trade Dispute

Wednesday  02:51,   20 june 2018
msn

As if on cue, Kim Jong Un returned to Beijing on Tuesday in an illustration of how President Donald Trump’s tariff threats against China could spiral into a broader conflict between the world’s two largest economies. The North Korean leader was[...]

Trump says 'getting there' in NAFTA talks with Canada, Mexico

Wednesday  02:36,   20 june 2018
reuters

U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal[...]

Is taking CPP at age 60 the best option for a lower income earner?

Tuesday  22:51,   19 june 2018
moneysense.ca

Is taking CPP at age 60 the best option for a lower income[...]

Are millennials skimping on tips?

Tuesday  20:07,   19 june 2018
247wallst

About 10% of millennials say they usually leave nothing as a tip for a server when dining out at a restaurant, but they aren't the only demographic that is stingy.About 10% of millennials say they usually leave nothing as a tip for a server when [...]

Lustre may be set to return to gold mining stocks after long decline

Tuesday  19:57,   19 june 2018
financialpost

After a five-year decline, beaten-down Canadian gold miners may be setting themselves up for a turnaround in 2019, analysts say , as healthier cash flows lead to more spending on exploration and development, and more attractive dividends.The price[...]

Activist Icahn gains control of board in proxy fight at SandRidge Energy

Tuesday  19:57,   19 june 2018
reuters

By Heide[...]

Shopify Inc. (TSX:SHOP): Can this stock still double your investment?

Tuesday  19:57,   19 june 2018
fool

Investors who'd bought Shopify Inc. (TSX:SHOP)(NYSE:SHOP) stock 12 months ago have almost doubled their money. Is this tech company still a buy?This e-commerce platform provider to small- and medium-sized businesses has gained 60% so far this[...]