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Ottawa making financing cheaper for more builders to spur rental construction

Sep 27, 2023

The Liberal government’s latest plan to get more rental housing built is to expand a program that helps developers secure cheaper mortgage rates as higher interest costs affect the viability of new projects.

Target says it will close nine stores in major cities, citing violence and theft

Sep 27, 2023

Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime.

Indigo’s future at stake amid executive exits, economic fears: analysts

Sep 27, 2023

A wave of top executive departures marks the latest worrying chapter in the story of Indigo Books & Music Inc., which analysts say faces a cooling economy — and a bit of an identity crisis — heading into the fall.

A 'valuation reset' hits the IPO market as Better stock crashes 90% after debut

Sep 27, 2023

With the IPO and SPAC markets under pressure, no stock had yet been given the reception that online mortgage lender Better.com (BETR) received this week.

Better Home & Finance Holding Company's (NASDAQ:BETR) stock price dropped 95% last week; retail investors would not be happy

Sep 27, 2023

The considerable ownership by retail investors in Better Home & Finance Holding indicates that they collectively have a greater say in management and business strategy

Electric car rules could cost carmakers billions

Sep 25, 2023

New Brexit trade rules covering electric vehicles could cost European manufacturers £3.75bn over the next three years, an industry body has said.

Richest oil states should pay climate tax, says Gordon Brown

Sep 25, 2023

The world's richest oil states should pay a global windfall tax to help poorer nations combat climate change, ex-PM Gordon Brown has said.

The shadowy Chinese firm that owns chunks of Cambodia

Sep 25, 2023

The highway runs through the forest like a black ribbon, down to the sea and to what must be one of the world's largest tourism projects.

Hollywood writers in deal to end US studio strike

Sep 25, 2023

Screenwriters in the US say they have reached a tentative deal with studio bosses that could see them end a strike that has lasted nearly five months.

U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

Sep 20, 2023

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates.

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