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Ottawa’s new ‘it’ neighbourhood + MORE Mar 8th
Wellington West was once a rough part of town. But the city’s multimillion-dollar investment in infrastructure launched its transformation into a hip haven for shopping, culture and food
.... More »
Where to buy Nvidia RTX 5080 and 5090 GPUs: Latest stock updates from Newegg, Best Buy, and Amazon - Business Insider Jan 30th
Where to buy Nvidia RTX 5080 and 5090 GPUs: Latest stock updates from Newegg, Best Buy, and Amazon Business InsiderASUS reveals launch pricing for GeForce RTX 5090/5080, up to $3,099 for 5090 ROG ASTRAL LC VideoCardz.comI spent a week pushing the Nvidia RTX 5080 to its limit an.... More »
Orders for US durable goods rebounded in July + MORE Aug 25th
WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.
Orders for durable goods jumped 4.4 per cent in July, rebounding from a 4.2 per cent plunge in June, the Commerce.... More »
Stock market news for investors: Canadian banks report Q1 earnings + MORE Feb 28th
Companies that reported earnings this week
BMO
Scotiabank
National Bank
CIBC
RBC
TD
Laurentian
Also read
.... More »
What Justin Trudeau hopes to achieve in Japan + MORE May 22nd
Justin Trudeau makes his first major push into Asia this week in Japan, where he hopes to broaden business links with a country that was once Canada’s No. 2 trading partner.
The prime minister will depart Sunday for his first overseas bilateral visit since taking office last fall.
He will meet.... More »
Get #MoneyFit in 2016
– moneysense.ca
Resolutions are tough to keep but MoneySense is here to help. Think of us as your money coach or trainer and our #MoneyFit club as your personal gym.
Learn to tone your money muscles all year long. Each month, our interactive calendar will be there with tips and resources you need to get in the best financial shape of your life. Look to the #MoneyFit calendar to meet these financial challenges:
Curb spending
Boost your earnings
Bulk up your TFSA
Lower your taxes
Maximize your home value
Build the perfect your portfolio
Save money with the best deals
Buy quality when you buy what you love
Get a head-start on January and sign up for our weekly Money Fit newsletter to get tips and advice straight to your inbox each week.
8 MoneySense staffers share their #MoneyFit goals »
Here’s what January has in store:
Get a free #MoneyFit Makeover and a year’s worth of advice!
How would you like to have our team of MoneySense experts as your own personal money coach all year long? Tell us how you want to get financially fit in 2016 or let us know your money problems and you could be featured in MoneySense and get free advice on everything from:
Learning smart money habits
Getting a better mortgage rate
Mastering your retirement plan
Saving for education
Raising rich kids
Tell us your #MoneyFit goals and money problems and we’ll try to help »
The post Get #MoneyFit in 2016 appeared first on MoneySense.
Mullen Group cuts 2016 capital spending, dividend; cites hardship in the oilpatch
– canadianbusiness.com
OKOTOKS, Alta. – The Mullen Group Ltd. (TSX:MTL) says it is slashing both its capital budget and dividend as the oilfield services company faced a “challenging and difficult” year in the oilpatch in 2015 and doesn’t expect any improvement in 2016.
In an announcement Wednesday after markets closed, the company said its board had approved a capital budget of $25 million for 2016, down $55 million from 2015.
It added that the majority of that budget will be focused on acquiring trucks, trailers and specialized equipment to support operations for its trucking/logistics segment.
Meanwhile, the company said it will cut its annual dividend to 96 cents from $1.20.
Chairman and CEO Murray Mullen said the company could have maintain the 2015 payout given its outlook for the markets its serves.
“However, this does not provide the margin of safety that I, or the board, believe is necessary given the challenges faced in light of the steep declines in commodity prices,” he said…
In an announcement Wednesday after markets closed, the company said its board had approved a capital budget of $25 million for 2016, down $55 million from 2015.
It added that the majority of that budget will be focused on acquiring trucks, trailers and specialized equipment to support operations for its trucking/logistics segment.
Meanwhile, the company said it will cut its annual dividend to 96 cents from $1.20.
Chairman and CEO Murray Mullen said the company could have maintain the 2015 payout given its outlook for the markets its serves.
“However, this does not provide the margin of safety that I, or the board, believe is necessary given the challenges faced in light of the steep declines in commodity prices,” he said…
Business Highlights
– canadianbusiness.com
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Fed finally lifts key interest rate from near zero
WASHINGTON (AP) — The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.
The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy strengthens further and inflation rises from undesirably low levels.
The central bank said in a statement after its latest meeting that it was lifting its key rate by a quarter-point to a range of 0.25 per cent to 0.5 per cent. Its move ends an extraordinary seven-year period of near-zero borrowing rates.
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Lamar Odom’s downfall tops Google’s list of 2015 searches
SAN FRANCISCO (AP) — Lamar Odom’s bizarre downfall from a former Los Angeles Lakers star to a lost soul in a Nevada brothel had the world searching Google for answers more than any other topic this year.
A four-day binge that culminated in Odom being found unconscious placed him atop Google’s list of hottest searches during 2015…
Fed finally lifts key interest rate from near zero
WASHINGTON (AP) — The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.
The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy strengthens further and inflation rises from undesirably low levels.
The central bank said in a statement after its latest meeting that it was lifting its key rate by a quarter-point to a range of 0.25 per cent to 0.5 per cent. Its move ends an extraordinary seven-year period of near-zero borrowing rates.
___
Lamar Odom’s downfall tops Google’s list of 2015 searches
SAN FRANCISCO (AP) — Lamar Odom’s bizarre downfall from a former Los Angeles Lakers star to a lost soul in a Nevada brothel had the world searching Google for answers more than any other topic this year.
A four-day binge that culminated in Odom being found unconscious placed him atop Google’s list of hottest searches during 2015…
Twitter abuzz as politicians, staffers weigh in on mystery of Las Vegas Review-Journal buyers
– canadianbusiness.com
LAS VEGAS, Nev. – The ownership mystery surrounding the sale of the Las Vegas Review-Journal has captured the attention of the media industry as the newspaper’s staff and some politicians demand to know who the new boss is.
The timing of the deal and the purchase price have Twitter buzzing and rumours flying that a wealthy GOP donor bought the largest newspaper in a swing state to influence the presidential election. Even a White House hopeful has weighed in.
The recently incorporated News + Media Capital Group LLC announced last week that it bought the Las Vegas Review-Journal and some affiliated publications for $140 million. That’s a markup of about 37 per cent from the paper’s last sale earlier this year, when the similarly named New Media Investment Group bought it.
Newspaper officials have not identified those behind the new company. Publisher Jason Taylor didn’t return calls for comment Tuesday but has previously said he can’t identify the group’s backers, who approached the paper months ago…
The timing of the deal and the purchase price have Twitter buzzing and rumours flying that a wealthy GOP donor bought the largest newspaper in a swing state to influence the presidential election. Even a White House hopeful has weighed in.
The recently incorporated News + Media Capital Group LLC announced last week that it bought the Las Vegas Review-Journal and some affiliated publications for $140 million. That’s a markup of about 37 per cent from the paper’s last sale earlier this year, when the similarly named New Media Investment Group bought it.
Newspaper officials have not identified those behind the new company. Publisher Jason Taylor didn’t return calls for comment Tuesday but has previously said he can’t identify the group’s backers, who approached the paper months ago…
US Fed raises key interest rate for first time in 9 years – CTV News
– news.google.ca
CTV NewsUS Fed raises key interest rate for first time in 9 yearsCTV NewsWASHINGTON — The U.S. Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. The Fed coupled its first rate hike in nine years with a signal …Overoptimistic Fed strains credibility on economic forecastsThe Globe and MailUS Federal Reserve hikes interest rates, but Canada not likely to follow suitToronto SunFed aggressively ramps up new tool to pry rates higherReuters CanadaUSA TODAY -Washington Post -New York Timesall 6,640 news articles »
