CBC - Business (2 days ago)
Canadians under 35 are seeking debt relief services in higher numbers and missing credit payments at higher rates. Student loans, first credit cards and slow wage growth aren't helping, but experts say the ubiquity of "buy now, pay later" plans are making the problem worse.
ReadCBC - Business (5 days ago)
If you've been in the market recently for RAM, you've probably noticed a major spike in prices as memory manufacturers pivot more of their production capacity away from consumer products to supplying AI companies instead, which are rapidly building out data centres that need massive amounts of memory to operate.
ReadCBC - Business (A week ago)
Paramount Skydance on Monday launched a hostile bid worth $108.4 billion US for Warner Bros Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.
ReadCBC - Business (A week ago)
The popular listening platform Spotify has dominated the streaming industry for years. But there have been recent calls to boycott the platform over controversies surrounding issues like artist compensation, its CEO and ICE ads. Are listeners finally fed up?
ReadCBC - Business (A week ago)
Elon Musk's social media company X was fined 120 million euros ($193.3 million Cdn) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the U.S. government.
ReadCBC - Business (2 weeks ago)
Internet infrastructure company Cloudflare on Friday said it was investigating an outage that took place in the morning that brought down several global websites, including LinkedIn and Zoom, the second such crash to affect the company in less than three weeks.
ReadCBC - Business (2 weeks ago)
Jason Huang says a WestJet employee grabbed his phone and threatened to deny him boarding when he began recording his conversation during airport check-in. Legal expert say passengers are within their rights to record these interactions, and video and audio recordings may help in battles for compensation.
ReadCBC - Business (2 weeks ago)
Fairstone Bank of Canada has agreed to acquire Laurentian Bank of Canada for $1.9 billion in cash. As part of the deal, Laurentian Bank will sell its retail and small-and-medium-sized business banking portfolios and syndicated loan portfolio to National Bank of Canada.
ReadCBC - Business (2 weeks ago)
The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion US ($1.93 billion Cdn) cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada's "ugly chic" aesthetic and Miu Miu's youth-driven appeal.
ReadCBC - Business (2 weeks ago)
With the top kidfluencers in the world earning millions a year, leaders in the EU are worried the lure of lucrative sponsorship deals may tempt some parents to expliot their children in sponsored posts online. So this week, the EU announced plans to ban social media platforms from providing financial or material incentives for kidfluencing. Experts...
ReadCBC - Business (2 weeks ago)
While U.S. President Donald Trump's tariffs have been a nightmare for many Canadian businesses, some entrepreneurs see an opportunity. For The National, CBC's Nick Purdon visits three Canadian companies to learn more about how they're surviving — even thriving — in the face of trade uncertainty.
ReadCBC - Business (2 weeks ago)
Prime Minister Mark Carney and Alberta Premier Danielle Smith have jointly agreed on a path forward for a new bitumen pipeline to the B.C. coast — a hugely significant development that the federal government is framing as a chance to further develop Alberta's energy sector, diversify Canada's economy and lessen dependence on the U.S.
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