A day after hitting their highest level since 2011, shares in Canadian tech firm BlackBerry went on one other wild experience Tuesday, leaping up when inventory markets opened earlier than see-sawing into optimistic and destructive territory. The firm’s shares rocketed up 23 per cent to $22.92 a share on Monday, […]
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Companies must go carbon neutral or face the financial consequences, Larry Fink’s CEO letter says | CBC News
Larry Fink, chief government of the world’s largest asset supervisor BlackRock , warned the businesses it invests in on Tuesday they might want to present a recreation plan for surviving in a world aiming for net-zero carbon emissions by mid-century. In his annual letter to the administration of firms internationally, […]
Layoffs from Cenovus-Husky merger expected to begin today | CBC News
The fallout from the merger of two oilpatch majors — Cenovus Energy and Husky Energy — is anticipated to land in downtown Calgary right this moment as employees start to obtain layoff notices. The corporations introduced the $3.8-billion deal in October, with the goal of making a single enterprise that’s stronger and extra resilient. […]
Where the lopsided economic impact of COVID-19 in Canada goes from here | CBC News
All financial downturns are unfair. Some individuals inevitably get hit tougher than others. But nearly a 12 months into the COVID-19 disaster, the information makes it abundantly clear: the influence of this disaster is uniquely unequal. More than one million Canadians stay under- or unemployed whereas tens of millions extra merely adjusted […]
Former casino CEO, actress identified as couple who flew to Yukon, got COVID-19 vaccines | CBC News
The former president and CEO of a Canadian on line casino firm and his spouse are the couple accused of breaking Yukon COVID-19 guidelines and chartering a airplane to the small neighborhood of Beaver Creek to obtain doses of the Moderna vaccine. Rodney Baker, a 55-year-old who resigned from the […]
‘Short squeeze’ pushes GameStop shares up 100% again, despite still losing money | CBC News
Shares of U.S. videogame retailer GameStop surged as a lot as 144 per cent on Monday, touching one other report excessive after already surging about 245 per cent for the reason that starting of the 12 months. The inventory pared positive factors and was final up 49.0% at $96.85. Trading was halted […]
Big advertisers balk at big Super Bowl spending amid COVID-19 gloom | CBC News
For the primary time since 1983, when Anheuser-Busch used all of its advert time to introduce a beer referred to as Bud Light, the beer big is not promoting its iconic Budweiser model in the course of the Super Bowl. Instead, it is donating the cash it might have spent […]
BlackBerry shares soar 40% to highest level since 2011 | CBC News
Shares in Canadian know-how firm BlackBerry are altering fingers at their highest degree in nearly a decade on Monday, as investor enthusiasm for the as soon as high-flying inventory has mysteriously returned. BlackBerry shares had been buying and selling at nearly $25 a share when the Toronto Stock Exchange opened […]
You’ve heard of net zero? These oil companies say they’ve reached ‘net-negative’ carbon emissions | CBC News
Banks, grocery shops, soda pop makers — it looks as if each day, one other firm is pledging to change into a “net-zero” emitter of greenhouse gases — sooner or later years or many years sooner or later. But a pair of Alberta firms say they’ve not solely achieved the mark however are literally storing extra emissions […]
The pros and cons of naming workplaces that have COVID-19 outbreaks | CBC News
Canada has a patchwork of various insurance policies in place relating to the general public disclosure of COVID-19 outbreaks in workplaces, and skilled opinion appears as divided because the laws on whether or not making outbreaks public helps or hinders the unfold of the virus. Earlier this month, the town […]