Former talk show host Oprah Winfrey is leaving the WeightWatchers board of directors and donating her stock in the weight management firm, the company said Thursday, sending its stock tumbling in early trading. Exit of celebrity shareholder comes at a time when WW is struggling to turn a profit Former …
Read More »Business World
Canadian economy not in recession, but 2023 was one of its weakest recent years
The Canadian economy expanded at an annualized rate of one per cent in the fourth quarter as high interest rates weighed on growth, but not enough to push the economy into a recession. StatsCan says aside from first year of pandemic, growth in 2023 rose at slowest pace since 2016 …
Read More »Earn a fixed salary? You might be working for free tomorrow
Hourly wage workers get another day to make money on leap years, but for salaried employees, that extra day is likely unpaid. The average salaried worker could be losing out on hundreds of dollars on leap day Rohith Krishnan was "bummed" when he found out he's not getting paid for …
Read More »Trans Mountain’s latest cost estimate climbs 10%, regulatory filing shows
The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. Company had estimated the cost of project at $30.9B last May The company building the Trans Mountain pipeline expansion now estimates the …
Read More »A fluctuating Frosty? Wendy’s will test surge pricing at some U.S. locations in 2025
Craving a Frosty? Better get it on a slow day if you're going to a Wendy's that'll be testing surge pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year. Menu items will cost more …
Read More »A fluctuating Frosty? Wendy’s will test dynamic pricing at some U.S. locations in 2025
Craving a Frosty? Better get it on a slow day if you're going to a Wendy's that'll be testing surge pricing in the U.S. The company recently announced the move for some locations as part of its new digital menus to be launched next year. Menu items will cost more …
Read More »Cineplex has made nearly $40M from online ticket fees at heart of drip-pricing lawsuit
Cineplex Inc. has made almost $40 million from online booking fees, which are central to a competition bureau lawsuit against the Canadian cinema chain. Commissioner says theatre chain being deceptive, while Cineplex wants claims tossed Cineplex Inc. has made almost $40 million from online booking fees, which are central to …
Read More »Vending machines had eyes all over this Ontario campus — until the students wised up
An Ontario university is pulling dozens of vending machines that were tracking the age and gender of customers in the latest example of pushback against technology that tests the boundaries of privacy rules. Questions raised on Reddit lead to all 29 machines being removed An Ontario university is pulling dozens …
Read More »Why drought on the Prairies is making your steak more expensive
The business of beef is changing, in large part due to consecutive years of severe drought across North America's main cattle-producing regions. From parched southern Alberta to water-scarce east Texas, ranchers have been downsizing their herds due to a lack of grass for grazing. Inflation starting to moderate in several …
Read More »Young female readers, #BookTok fuel spicy romantasy genre’s staggering sales figures
Book publishers and industry watchers are taking note of the romantasy subgenre’s enormous popularity among young female readers — author Sarah J. Maas alone has sold 40 million copies — and the power of #BookTok to elevate both its well-known, traditionally published writers, and self-published indie authors alike. Romantasy, which …
Read More »