Canada's financial intelligence agency says it has been hit by a cyberattack. Agency takes corporate systems offline to protect data Canada's financial intelligence agency says it has been hit by a cyberattack. The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) says it has taken its corporate systems offline …
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Equifax says mortgage-holders in B.C., Ontario, increasingly missed payments during Q4
Consumers in Ontario and B.C. increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said. Financially stressed homeowners in those provinces are also increasingly missing credit payments, the agency said, a trend primarily driven by homeowners who are 36 and younger. Rates rising …
Read More »Meta says Facebook, Instagram issues resolved after outage hits hundreds of thousands of users
Meta Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. Disruptions started at about 10 a.m. ET Meta Platforms said it resolved issues with Facebook and Instagram on Tuesday afternoon following a global outage that hit …
Read More »Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents. Canadian branch announced Friday it will close 33 of 105 stores, end online shopping The …
Read More »Apple to pay up to $14.4M in iPhone throttling settlement approved by B.C. judge
A B.C. Supreme Court judge has approved a proposed maximum $14.4 million settlement from Apple to eligible members of a class-action lawsuit that accused the company of deliberately providing software updates that slowed its iPhone 6 and 7 models. Tech giant accused of throttling iPhones with software updates that slow …
Read More »The Body Shop Canada to close 33 stores, end online sales
The Body Shop will close 33 of its Canadian stores and end online sales, the Canadian subsidiary of the U.K. beauty and cosmetics shop announced. Retailer previously said Canadian stores would not be impacted by U.K. branch's woes The Body Shop to close 33 Canadian stores 9 hours ago Duration …
Read More »First-time homebuyer incentive is discontinued, says federal housing agency
The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation, the federal agency announced on Thursday. Deadline for last round of new or resubmitted applications is midnight ET on March 21, 2024 The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation …
Read More »Elon Musk sues OpenAI and Sam Altman, saying startup abandoned its mission to serve humanity
Elon Musk has sued ChatGPT-maker OpenAI and its CEO, Sam Altman, saying they abandoned the startup's original mission to develop artificial intelligence for the benefit of humanity and not for profit. Musk sought court ruling asking startup to make research, tech available to public Elon Musk has sued ChatGPT-maker OpenAI …
Read More »Air Canada joins WestJet in hiking checked-bag fee. Could carry-on charges be next?
It comes as no surprise to some industry experts: Air Canada hiked its first checked-bag fee by $5 for economy-type fares this week, just two weeks after WestJet did the same. Domestic checked-bag fees have climbed 40% since they were introduced in 2014 It comes as no surprise to some …
Read More »Oprah Winfrey’s departure from WeightWatchers sends stock tumbling
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 …
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