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Crowdfunding campaign raises $3 million to protect Princess Louisa Inlet property

CBC News | Sep 3, 2019 The fundraising campaign to buy a swath of remote coastal wilderness on the Sunshine Coast has been a success. The B.C. Parks Foundation, an independent charity that works with B.C. Parks, was able to raise $3 million to buy 800 hectares in Princess Louisa Inlet from a private seller. The

5 years ago

Wall St. dips, dollar climbs on weak factory data, trade jitters

Wall Street lost ground and the U.S. dollar strengthened to its highest level in more than two years on Tuesday as trade worries persisted and U.S. factory activity entered contraction territory for the first time since February 2016.



5 years ago

Goldman's Marty Chavez, who helped transform the investment bank, is leaving

The move comes a year after Chavez's long ascent at Goldman appeared to stall.

5 years ago

Morgan Stanley: Investors should short growth stocks, get defensive as 'recession fears emerge'

Morgan Stanley is advising clients to dump growth stocks and buy defensive names, saying "demand destructive" tariffs are fanning recession fears.

5 years ago

Plunging bond yields have lifted these two stock sectors to record levels

The real estate and utilities sectors are hovering at record levels thanks to the current low interest rate environment.

5 years ago

Burger King to launch meatless 'Rebel Whopper' in Brazil

Burger King will launch a plant-based burger imitating meat called the "Rebel Whopper" in Brazil in November, the company said on Tuesday, amid an international rush for mass-market chains to cater to vegetarian and vegan diners.



5 years ago

NTSB says Autopilot engaged in 2018 California Tesla crash

The National Transportation Safety Board said Tuesday a Tesla Model S was in Autopilot mode when it struck a fire truck in Culver City, California -- one of a series of crashes the board is investigating involving Tesla's driver assistance system.



5 years ago

Austria's AMS makes $4.8 billion counterbid for Germany's Osram

Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle .



5 years ago

Consumer watchdog agency shows one way to help improve your savings

Research from the Consumer Financial Protection Bureau and H&R Block suggests consumers might save more of their tax refunds if they receive encouragement or a small financial incentive.

5 years ago

Wall Street bogged down by weak manufacturing data, trade worries

U.S. stocks fell on Tuesday as data showed factory activity shrank for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world's largest economy into recession.



5 years ago

Illinois joins lawsuit to stop T-Mobile, Sprint merger

Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the effort along with California, said on Tuesday.



5 years ago

U.S. manufacturing contracts as trade war with China bites

U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining sharply as trade tensions weighed on business confidence, raising financial market fears of a recession.



5 years ago

Walmart to stop selling short-barrel rifle ammunition

Walmart Inc said on Tuesday it would discontinue sales of some ammunition in stores across the United States, in response to the mass shootings in Texas last month that killed several people.



5 years ago

On days when President Trump tweets a lot, the stock market falls, investment bank finds

Days when President Donald Trump tweets a lot are associated with negative stock market returns, Bank of America Merrill Lynch says.

5 years ago

Marks & Spencer to be kicked out of FTSE 100 for first time

Marks & Spencer will be relegated from London's FTSE 100 index for the first time since the inception of the blue-chip index in 1984, according to Reuters calculations based on Tuesday's closing prices.



5 years ago