Southwest Airlines groper invokes the Trump defense after his arrest
‘The president of the United States says it’s OK to grab women by their private parts.’ That’s the excuse Southwest Airlines passenger Bruce Alexander reportedly used when he was arrested for allegedly touching a woman’s breast during a flight from Houston to Albuquerque, according to court documents. Alexander, of course, was referring to Donald Trump’s […]
Netflix is taking on billions more in debt to keep churning out content
Streaming giant is tapping the junk-bond market for a second time this year Netflix Inc. issued $2 billion of 10½-year junk bonds on Tuesday in a two-part deal that included a euro-denominated tranche, as it continues to raise the funds needed to produce its original content. The company NFLX, +1.10% was expected to benefit in […]
Wow, Iceland for $129
Vancouverites looking for low-cost flights to Iceland will soon have a new option when discount airline Wow Air adds a route out of the West Coast. The announcement, which stacks more competition onto a crowded market, means passengers can soon fly out of Vancouver International Airport to Reykjavik, the island nation’s capital, six days a […]
Global markets tumble
U.S. stocks slumped broadly in early trading Tuesday, sending the Dow Jones Industrial Average down more than 500 points and extending the market’s recent string of losses. The latest wave of selling came as investors grew increasingly unsettled by the prospects for China’s economy and the cost of President Donald Trump’s aggressive trade policies. China […]
Luxury home sales drop
Luxury home sales in two of Canada’s most expensive markets are down from a year, as the high-end real estate market feels the effect of foreign buyers taxes. In an annual report, realty brokerage Re/Max says sales of single-detached homes priced from $1 million to $2 million fell 35 per cent from a year ago […]
Ontario rolls back reforms
Ontario will cap minimum wage at $14 an hour until fall 2020 as part of a rollback of labour reforms introduced by the previous Liberal regime, the Progressive Conservative government announced Tuesday, drawing praise from businesses and criticism from unions and anti-poverty advocates. The government said new rules — which will link future minimum-wage increases […]