Business Highlights + MORE Oct 26th
Your New Way to Pay + MORE Sep 18th
At the open: TSX flat as energy stocks fall, banks push higher + MORE Jan 18th
Economists slash growth forecasts in meeting with Morneau Feb 13th
In wake of Brexit, financial stability report coming from Bank of England Jul 4th
Top 50 socially responsible corporations: 2014
– macleans.ca
Suncor Energy: The company spent $1.3 billion on a tailings-reclamation process. (Suncor Energy Inc.)
See more from our special feature on Canada’s top 50 socially responsible corporations:
Risk and reputation: What the Rana Plaza collapse has taught companies in all industries about managing their supply chains
Unloading on fossil fuels: Universities and other institutions are taking steps to rid their investment portfolios of companies that contribute to climate change
BANKS
PERSONAL, COMMERCIAL, CORPORATE, INVESTMENT BANKING, AND CREDIT UNIONS
In recent years, banks have been at the centre of a global economic upheaval that has changed the financial industry. As they continue to face scrutiny for their lending and investment activities, some banks are now using their market power to back high-impact sustainable projects and develop sustainability-related financial products and services, such as green mortgages and green bonds. Credit unions and co-operatives maintain their influence, thanks to prudent lending practices and their unique focus on local communities…
Microsoft to go on the offensive against hackers
– canada.com
US stocks move higher after European Central Bank steps up stimulus efforts; Rite Aid sinks
– canadianbusiness.com
The Standard & Poor’s 500 index rose eight points, or 0.4 per cent, to 1,936 as of noon Eastern time Thursday.
The Dow Jones industrial average rose 77 points, or 0.5 per cent, to 16,815. The Nasdaq composite increased 26 points, or 0.6 per cent, to 4,278.
The ECB cut two key interest rates Thursday in an effort to get that region’s economy growing faster and banks lending more. European markets closed higher.
In the U.S., Rite Aid fell 9 per cent after cutting its earnings forecast. The drugstore chain had to deal with higher-than-expected drug costs and lower reimbursement rates.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.58 per cent.
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