Canada’s 100 highest-paid chief executive officers earned 209-times more than the average worker in 2016, according to a new report by the Canadian Centre for Policy Alternatives. The study shows CEOs make an average of $10.4 million a year. This is 209 times the average income of $49,738. On an hourly...
Apple Stock Price Falls As Analysts Warn iPhone X Sales Are Dropping. Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lacklustre demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers. Sinolink...
PARIS (Reuters) - Boeing Co (BA.N) is eyeing a broad partnership with Embraer (EMBR3.SA) reaching beyond commercial aircraft to defense and global services, but its shape hinges on talks with the Brazilian government.     The U.S. aerospace group has yet to make a formal offer and its final...
(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general has announced. The settlement announced on Friday by California Attorney General Xavier Becerra was the...
(Reuters) - A U.S. judge on Friday overturned a $150 million verdict against AbbVie Inc that was the first to result from lawsuits claiming that the company fraudulently misrepresented the risks of its testosterone replacement drug AndroGel. U.S. District Judge Matthew Kennelly in Chicago ruled that...
TORONTO (Reuters) - Canada’s benchmark stock index slipped on Friday but notched its sharpest weekly gain in almost three months, as big banks and some miners pulled back. - The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended down 17.36 points, or 0.11 percent, at 16,165.27. -...