economy of the country
McKinsey faces US criminal investigation over opioid industry work: Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemic
ft.com/content/d88492df-238d-4ff1-b8a4-1b4c9b117c6c
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Bank of Canada Sees Gradual Pace of Rate Cuts to Balance Risks: Bank of Canada officials said monetary policy easing is expected to be “gradual ...
bloomberg.com/news/articles/2024-04-24/bank-of-canada-sees-gradual-pace-of-rate-cuts-to-balance-risks
Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...
bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada
Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
We Tried Artizia’s Butter Sway Romper – Best Workout Onesies: If you’ve worn your exercise dress to death, consider replacing it with the Aritzia Butter Sway ...
thecut.com/article/artizia-butter-sway-romper-review.html
First Quantum Minerals cuts debt by over $1 bln in first quarter: Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1 ...
reuters.com/markets/commodities/first-quantum-minerals-cuts-debt-by-over-1-bln-first-quarter-2024-04-23/
Quick Glance: First Quantum Minerals Reduces Debt by Over $1 Bln in First Quarter
- Canadian mining company First Quantum Minerals announced a $1.14 billion debt reduction in the first quarter.
- With a series of capital restructuring measures, the company aims to strengthen its balance sheet and cut debt to achieve operational goals.
- The company's total debt as of March 31 is $5.99 billion, down from the previous $7.38 billion.
- Despite a $159 million net loss due to the closure of the Cobre Panama mine, the company posted a $75 million profit in the year-ago quarter.
Morning Bid: Yen on the brink, but Tesla pulls back: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-24/
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say: Senior Bank of Canada officials were divided on how soon the central bank could ...
wsj.com/articles/bank-of-canada-officials-split-on-how-soon-rate-cuts-could-start-minutes-say-b3d33899
Trans Mountain oil shippers raise concerns about risk of delay to full service: Some shippers on Canada's Trans Mountain expansion project are raising concerns ...
reuters.com/markets/commodities/trans-mountain-expects-first-ship-load-expanded-pipeline-second-half-may-2024-04-23/
Honda to build electric vehicles and batteries in Ontario, says source: Honda will build electric vehicles and their parts in Ontario with financial support from ...
reut.rs/3UrdpUj
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Non-stop from Toronto, Canada to the Bahamas for only $352 CAD roundtrip: Non-stop flights from Toronto, Canada to the Bahamas for only $352 CAD roundtrip with ...
secretflying.com/posts/toronto-canada-to-the-bahamas-for-only-386-cad-roundtrip/
Five Eyes countries working to fight critical minerals dumping, Canada minister says
reut.rs/3JxKgQY
Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports
reuters.com/business/autos-transportation/asahi-kasai-build-ev-battery-component-plant-canada-supply-honda-nikkei-reports-2024-04-24/
Starbucks loses appeal over union election at Seattle store: A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at ...
reuters.com/legal/starbucks-loses-appeal-over-union-election-seattle-store-2024-04-24/
First Nations Bank of Canada Plans Major Expansion: Canada’s biggest Indigenous-owned bank is planning a major expansion that will raise as much as C$50 million ...
bloomberg.com/news/articles/2024-04-24/biggest-indigenous-owned-bank-in-canada-plans-major-expansion
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Borealis at Gardens by the Bay: Witness the 'Northern Lights' at this free installation
cnalifestyle.channelnewsasia.com/entertainment/borealis-gardens-bay-northern-lights-389036
Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...
reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
Toulouse, France to Toronto, Canada for only €365 roundtrip: Cheap flights from Toulouse, France to Toronto, Canada for only €365 roundtrip with Lufthansa and ...
secretflying.com/posts/toulouse-france-toronto-canada-e287-roundtrip/
Tesla Drops Its Full Self-Driving Price To $8,000: The drop represents a $4,000 price drop in the United States
pcmag.com/news/tesla-drops-its-full-self-driving-price-to-8000
The Buds bounce back 🍁
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Tesla makes its controversial Full Self-Driving software cheaper by $4,000: Tesla shared on X this weekend that it's reduced the price of its Full Self-Driving ...
engt.co/3Qamy0M
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
The Aston Martin driver's collision with Daniel Ricciardo in China should be the last straw. www.thedrive.com/news/its-time-for-lance-strolls-f1-experiment-to-end
Rumour: Watch Dogs Is Dead, and Legion Reportedly Killed It: Taken out back
pushsquare.com/news/2024/04/rumour-watch-dogs-is-dead-and-legion-reportedly-killed-it
Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
Canada will take bigger economic hit than U.S. if Trump wins election: report - National | Globalnews.ca
trib.al/fYbQT6P
Lower prices, stubborn costs could weigh on copper miners' quarterly results: North American copper miners are expected to report a decline in first-quarter ...
reuters.com/markets/commodities/lower-prices-stubborn-costs-could-weigh-copper-miners-quarterly-results-2024-04-22/
Quick Glance: Copper Miners Facing Challenges from Lower Prices and Higher Costs
- North American copper miners are expected to report a decline in first-quarter earnings due to lower copper prices and persistently high costs.
- The miners are also grappling with a labor shortage, especially in countries like the U.S., and lower grades of ore, raising per-unit production costs.
- Analysts suggest that a surge in gold prices could provide relief to miners like Freeport, as gold is often mined as a by-product.
- The late rally in copper prices is likely to boost the free cash flow of miners in the second quarter, as predicted by analysts.
Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
Dave Portnoy blasts PGA Tour 'morons' as RBC Heritage delay threatens $1.6 million bet
nypost.com/2024/04/22/sports/dave-portnoy-blasts-pga-tour-morons-for-rbc-heritage-delay/
Non-stop from Los Angeles to Vancouver, Canada for only $193 roundtrip: Non-stop flights from Los Angeles to Vancouver, Canada for only $193 roundtrip with Air ...
secretflying.com/posts/los-angeles-vancouver-canada-180-roundtrip/
Luke Bryan slips on phone midshow — and fans praise him for 'grace and even humor'
today.com/popculture/music/luke-bryan-falls-concert-rcna148806
Rania Amine, a psychology major at McGill University, talks about participating in a hunger strike to get the university to divest from Israeli-linked ... Show more
Rideshare platform Uber expands to Newfoundland and Labrador: Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador.
ctvnews.ca/business/rideshare-platform-uber-expands-to-newfoundland-and-labrador-1.6858874
People are really annoyed about the price of fast food: Diners say they're cutting back on how often they get fast food because of rising prices.
businessinsider.com/fast-food-is-expensive-people-annoyed-eating-out-restaurant-2024
Paris, France to Montreal, Canada for only €325 roundtrip: Cheap flights from Paris, France to Montreal, Canada for only €325 roundtrip with TAP Air Portugal.
secretflying.com/posts/paris-france-montreal-canada-e375-roundtrip/
Switzerland says UBS may need more cash. The bank is fuming: A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as ...
cnn.com/2024/04/24/investing/ubs-switzerland-too-big-to-fail/
The Panthers pounce to win Game 2! 😼
Gas station clerk stabbed several times during violent attack at Ultramar in Montreal | Globalnews.ca
trib.al/GDKN0gS
Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
Paid articlePaid Non-stop from Vancouver, Canada to Nashville, USA for only $358 CAD roundtrip: Non-stop flights from Vancouver, Canada to Nashville, USA for only $358 CAD ...
secretflying.com/posts/vancouver-canada-to-nashville-usa-for-only-353-cad-roundtrip/
Travel firm Viking Holdings aims for up to $10.8 bln valuation in US IPO: Travel firm Viking Holdings said on Monday it is seeking a valuation of up to $10 ...
reuters.com/markets/deals/travel-firm-viking-holdings-seeks-raise-11-bln-us-ipo-2024-04-22/
Compass Point listed for nearly $20 million: The five-storey Compass Point building on the outside edge of the City of Hamilton is up for sale, listed for $19 ...
royalgazette.com/local-business/business/article/20240422/compass-point-listed-for-nearly-20-million/
U.S. Supreme Court rejects Vanda Pharmaceuticals case over sleep-drug patents: The U.S. Supreme Court on Monday declined to hear a bid by Vanda Pharmaceuticals ...
reuters.com/legal/us-supreme-court-rejects-vanda-pharmaceuticals-case-over-sleep-drug-patents-2024-04-22/
Canada’s Big 3 Airlines Play To Their Strengths: Although Canada often takes a backseat to the U.S. in North America’s market, the reality is Canada was dynamic ...
aviationweek.com/air-transport/airlines-lessors/canadas-big-3-airlines-play-their-strengths
Canada’s oddly specific EV credits for Honda amounts to poor industrial policy : The federal government and Ontario’s a multibillion-dollar deal with Honda would ...
theglobeandmail.com/business/commentary/article-canada-honda-electric-vehicle-chain/
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Harbour Air signs letter of intent to buy electric engines for its seaplanes: The company says it has signed a letter of intent with Washington-based magniX to ...
timescolonist.com/business/harbour-air-signs-letter-of-intent-to-buy-electric-engines-for-its-seaplanes-8643292
LISTEN: Supreme Court appears to favor Starbucks in case on union organizing protections
pbs.org/newshour/politics/listen-live-supreme-court-hears-case-involving-starbucks-and-protection-for-union-organizing
Rita Waeni murder: Do you know this man?: Have you seen this man? This is the appeal detectives looking into the gruesome murder of Rita Waeni are making to ...
nation.africa/kenya/videos/rita-waeni-murder-do-you-know-this-man--4601834
London Marathon 2024's fastest celebrities as Adele Roberts sets record: There were a number of celebrities that enjoyed good times on the London Marathon course ...
mirror.co.uk/3am/celebrity-news/london-marathon-2024-fastest-celebrities-32636785
Asylum claims by international students have skyrocketed since 2018, figures show
theglobeandmail.com/politics/article-international-students-asylum-claims-increase/
Paid articlePaid MEC basketball: Osborne, Kelly step down as coaches at UC: The University of Charleston has lost its men’s and women’s basketball coaches.
wvgazettemail.com/sports/mec_sports/mec-basketball-osborne-kelly-step-down-as-coaches-at-uc/article_99097cec-6ef1-5dd3-a81c-05c551330d4b.html
Montreal, Canada to Portland, Oregon for only $380 CAD roundtrip: Cheap flights from Montreal, Canada to Portland, Oregon for only $380 CAD roundtrip with ...
secretflying.com/posts/montreal-canada-to-portland-oregon-for-only-346-cad-roundtrip/
"We know how you feel, Chris." 😂 www.mirror.co.uk/tv/tv-news/chris-packhams-reaction-matt-hancock-32636836
Hereditary [87], a Metacritic Must-See, comes to IMAX tomorrow for the first time: www.metacritic.com/movie/hereditary/ "An exquisitely crafted box of nightmares ... Show more
Scottie Scheffler's run of dominance not seen since Tiger Woods, and these seven statistics prove it
cbssports.com/golf/news/scottie-schefflers-run-of-dominance-not-seen-since-tiger-woods-and-these-seven-statistics-prove-it/
More than half of Canadians say 2nd job needed to buy a home: RBC survey | Globalnews.ca
trib.al/DuENC3N
What's happening with global plastic treaty talks?: Global leaders are in Canada's capital for the fourth round of negotiations towards what would become the ...
theglobeandmail.com/world/video-whats-happening-with-global-plastic-treaty-talks/
Gildan’s Incoming Chairman Tim Hodgson Urges End to Shareholder Fight: The former Goldman Sachs executive who’s taking over as board chair at Gildan Activewear ...
bloomberg.com/news/articles/2024-04-22/ex-goldman-executive-tears-into-drama-seekers-in-gildan-boardroom-battle
These two fixes for the housing crisis have a bigger impact than Ottawa’s policies
theglobeandmail.com/business/commentary/article-these-two-fixes-for-the-housing-crisis-have-a-bigger-impact-than/
Paid articlePaid Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip: Cheap flights from Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip ...
secretflying.com/posts/toronto-canada-to-puerto-vallarta-mexico-for-only-390-cad-roundtrip/
Points and payouts: Scottie Scheffler takes home $3.6M, 700 FedExCup points at RBC Heritage - PGA TOUR
pgatour.com/article/news/betting-dfs/2024/04/22/points-and-payouts-prize-money-fedexcup-points-scottie-scheffler-rbc-heritage-harbour-town
Fickle home buyers tiptoe into spring market: A swell in new listings after the Easter long weekend may point to a pickup in sales ahead as buyers absorb the new ...
theglobeandmail.com/real-estate/toronto/article-fickle-home-buyers-tiptoe-into-spring-market/
Paid articlePaid Taylor Swift shows off trips to Singapore's Gardens by the Bay and Koma restaurant in YouTube Shorts video
cnalifestyle.channelnewsasia.com/entertainment/taylor-swift-gardens-bay-koma-trips-388826
Atlantic Superstore defends use of plexiglass to prevent ‘organized crime.’ Shoppers unconvinced | Globalnews.ca
trib.al/K7N2FQP
Tackle obstacles to ease the transition of CBC: Challenges should be solved to ease the CBC transition.
nation.africa/kenya/blogs-opinion/editorials/tackle-obstacles-to-ease-the-transition-of-cbc-4597950
Even in Canada, the station wagon won’t die. Long live the station wagon: Car companies and wagonheads refuse to let these long-roofed wonders die ...
theglobeandmail.com/drive/culture/article-even-in-canada-the-station-wagon-wont-die-long-live-the-station-wagon/
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