The U.S. Congress is inching toward a crackdown on the popular platform that could have far-reaching implications for social media in the country. Here's what's at stake in Wednesday's House of Representatives vote on TikTok. 5 key details about Wednesday's landmark moment in the history of social media The U.S. …
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U.S. inflation ticked up in February, driven by higher rent and gas prices
U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June interest rate cut from the Federal Reserve. Before data, markets anticipated 70 per cent chance of the Fed cutting rates in June U.S. consumer prices …
Read More »Former Boeing employee who reportedly raised concerns about company found dead
John Barnett, a former Boeing employee who had reportedly raised concerns about the company's production issues, was found dead of an apparent suicide, according to authorities in South Carolina. John Barnett died of an apparent suicide, coroner's office says, amid multiple probes into airline's safety John Barnett, a former Boeing …
Read More »Airbnb to ban hosts from using indoor security cameras in rental properties
Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world by the end of next month in an effort to "simplify" its policy while prioritizing privacy. Policy due to go into effect April 30 for all listings worldwide Airbnb said …
Read More »SaltWire Network files for creditor protection, has $94M in debt
A company that owns nearly two dozen newspapers in Atlantic Canada has filed for creditor protection, according to court documents. Court documents say company, which owns 23 newspapers in Atlantic Canada, has assets of roughly $33M A company that owns nearly two dozen newspapers in Atlantic Canada has debts of …
Read More »Equality in the boardroom? Not any time soon, says Canadian Chamber of Commerce
Women are a minority in Canadian boardrooms and the “glacial” pace of progress means it could take decades to reach gender parity, according to a report released this week by the Canadian Chamber of Commerce. Still just 1 in 5 board seats are held by women, chamber finds in new …
Read More »Canada’s economy added 41,000 jobs in February
Canada's economy added 41,000 jobs in February while the unemployment rate rose to 5.8 per cent, Statistics Canada said Friday. Unemployment rose to 5.8 per cent, according to Labour Force Survey The Canadian economy added 41,000 jobs in February, fuelled by strong population growth that continues to outpace employment gains. …
Read More »Bank of Canada worries a rate cut now could overheat the spring housing market
The Bank of Canada left interest rates unchanged this week, at least in part because it doesn't want to add fuel to a real estate market that's already heating up. As housing market heats up, central bank leaves interest rates unchanged at 5% The Bank of Canada is trying to …
Read More »Former Google engineer charged with stealing AI tech while secretly working with Chinese firms
A former software engineer at Google has been charged with stealing artificial intelligence technology from the company while secretly working with two companies based in China, the U.S. Justice Department said Wednesday. Chinese national Linwei Ding arrested in California on 4 counts of federal trade secret theft A former software …
Read More »Finance deal struck help Indigenous communities build infrastructure
The Canada Infrastructure Bank has signed a $100-million deal with the First Nations Bank of Canada to help Indigenous communities borrow money to build infrastructure. Canada Infrastructure Bank signs $100M agreement with First Nations Bank of Canada Today, the Canada Infrastructure Bank (CIB) and the First Nations Bank of Canada …
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