CBC - Business (8 hours ago)
The browser is slated to launch in the coming weeks, according to three sources familiar with the matter who spoke with Reuters. If adopted by the 400 million weekly active users of ChatGPT, OpenAI's browser could put pressure on a key component of rival Google's ad-money spigot.
ReadCBC - Business (2 days ago)
U.S. President Donald Trump singled out Brazil for import taxes of 50 per cent on Wednesday over its treatment of former president Jair Bolsonaro, suggesting that personal grudges rather than simple economics are playing a part in the U.S. leader's use of tariffs.
ReadCBC - Business (2 days ago)
When Melissa Plett got a fraud alert call from a number at the Royal Bank of Canada last month, she didn't suspect she'd lose $14,510 as part of a scam where fraudsters pose as bank investigators. Though victims can seek reimbursement, banks often reject the request, or provide only a partial refund. Some consumer advocates argue banks need to pay...
ReadCBC - Business (3 days ago)
It's been a tough rodeo for Canada's economy so far this year, ever since U.S. President Donald Trump sparked a tumultuous trade war with wide-ranging impacts on consumer spending, jobs and travel plans. But those economic worries seem largely in the rearview mirror, at least in Alberta, as the 10-day long Calgary Stampede begins.
ReadCBC - Business (A week ago)
Microsoft says it is cutting thousands of jobs in its second round of mass layoffs in recent months. While it is unclear whether or not any Canadian jobs will be lost, the union representing 120 gaming industry workers employed by Microsoft in Quebec says it's likely the cuts will mostly impact U.S. workers.
ReadCBC - Business (A week ago)
A long-awaited liquified natural gas (LNG) export facility in Kitimat, B.C., is up and running and there are several more projects in various stages of development. Global appetite for LNG is on the rise, but some caution Canada faces significant challenges in becoming a significant industry player.
ReadCBC - Business (A week ago)
Superior Court Justice Donald Bisson limited the class action to Quebec residents because the case hinges on that province's consumer protection laws. In 2024, hundreds of thousands of customers were told via email they had won a boat, Montreal-based firm LPC Avocats says, in what Tim Hortons has called a technical error.
ReadCBC - Business (A week ago)
Bumble says it plans to lay off about a third of its workforce, amounting to about 240 employees. It's the latest heartbreaking blow to online platforms offering dating apps, prompting questions about whether it's the end of the road for this mode of meeting people.
ReadCBC - Business (A week ago)
Anne Wojcicki's nonprofit TTAM Research Institute will purchase "substantially all" of San Francisco-based 23andMe's assets. The sale comes amid a lawsuit filed by a number of U.S. states that sought to block 23andMe from selling genetic data without customers' consent.
ReadCBC - Business (2 weeks ago)
Global demand for matcha tea, with its vivid green colour and earthy taste, has gone supernova since the fall. But the popularity has led to a global shortage that is putting pressure on Japan's tea industry to ramp up production of the scarce commodity.
ReadCBC - Business (2 weeks ago)
It can be costly or difficult at the traditional banks to send money around the world, with some pointing to a lack of competition in Canada's banking sector. But newer competitors are looking to simplify the process — if customers make the effort to access options outside of a traditional wire transfer.
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