A new economic system is needed to tackle rampant inequality, says a new Oxfam report.. The gap between rich and poor is fracturing society, poisoning politics and fueling public anger, according to a new report from anti-poverty nonprofit Oxfam, which found that last year just 26 people owned the same...
Mastercard is changing its logo. The interlocking red and yellow circles are here to stay, but Mastercard’s rebrand is missing something big: its name. Raja Rajamannar, the company’s chief marketing and communications officer, told the Wall Street Journal that Mastercard conducted nearly two years of research to make sure people...
US stock futures fell and Asian shares stumbled on Thursday after a rare revenue warning from Apple added to worries about slowing global growth and weaker earnings and jolted currency markets. European markets were expected to follow, with bookmakers predicting London's FTSE and Frankfurt's DAX would open 0.4pc lower and...
On Thursday, relatively new legal marijuana player Green Growth Brands (OTCQB:GGBXF) offered to swap GGBXF shares for all outstanding shares of Aphria (NYSE:APHA), suggesting the offer was worth $11.00 (Canadian, or roughly $8 in U.S. dollars) per share of Aphria stock. All told, the suitor says the proposed deal...
The country's two major railways exceeded their grain cap in 2017-18, despite shipping less of the stuff than last year, according to the Canadian Transportation Agency. Canadian National Railway Co. reaped $1.05 million more than its maximum revenue entitlement of $787.01 million for the crop year, which ended July 31,...
Air Canada has signed a definitive agreement to buy the Aeroplan loyalty program from Aimia Inc. for $450 million in cash. Under the deal, Air Canada will also assume $1.9 billion of Aeroplan miles liability. The definitive agreement follows an announcement in August of a tentative sale. Air Canada says it...
Mark Zuckerberg loses $3 billion as world's richest get pummelled by market swoon. It’s been an expensive week for the world’s richest people. Mark Zuckerberg is nursing the biggest fall after losing $3.2 billion as large cap stocks disappointed for a fourth straight day. Losses for the Facebook Inc. chief...
John Cronin is crazy about socks. Actually, he is crazy about crazy socks. Hence the name for his online sock company, John's Crazy Socks, that sells crazy, unusual, distinctively fun socks. John and his father/co-founder, Mark, were in town for New Avenues to Independence's gala Applause at the Zoo...
Sweatcoin, a free smartphone app that pays people to be physically active, said on Wednesday it has secured its first round of institutional funding after topping download charts in Britain and the United States. Sweatcoin lets users earn “sweatcoins” for working out, and the app is taking off fast. The...
A giant tuna fetches $632,000 in New Year auction at Tokyo's Tsukiji market. A Japanese sushi chain boss bid a winning 74.2 million yen ($632,000) Thursday for a 466 pound bluefin tuna in what may be Tsukiji market’s last auction at its current site in downtown Tokyo. The winning bid Thursday...