Should Workers Be Paid for Time Spent Commuting?
Commuting to work has generally been considered a necessary evil. You have to get to the office somehow, and time spent in your car, on the train, taking the bus, or using whatever transportation you use has long been something workers have had to put up with. The average worker spends 26 minutes commuting according […]
Surprise! Debit Cards Have Fees
Most consumers know that credit cards can come with fees other than interest charges applied to balances. Annual fees, late payment fees, balance transfer fees, cash advance fees, foreign transaction fees … the list goes on. Did you know that debit cards could have fees as well? If not, don’t feel bad. In a recent […]
Energy & pot push stocks up
Canada’s main stock index posted a triple-digit gain in late-morning trading, boosted by the energy sector and gains in the health-care sector, which includes the big marijuana companies. The S&P/TSX composite index was up 138.79 points at 15,033.29. In New York, the Dow Jones industrial average was up 269.91 points at 25,144.55. The S&P 500 […]
Molson profits climb
Molson Coors Brewing Co. topped expectations as it reported its third-quarter profit increased compared with a year ago, helped by higher sales. The brewer, which keeps its books in U.S. dollars, says it earned US$338.3 million or $1.56 per diluted share for the quarter ended Sept. 30. That compared with a profit of $287.0 million […]
Torstar reports loss
Torstar Corp. reported a loss of $18.8 million in its third quarter as its revenue fell by 13 per cent. The publisher of the Toronto Star newspaper says the loss amounted to 23 cents per share for the quarter ended Sept. 30. The result compared with a loss of $6.6 million or eight cents per […]
GM offers buyouts to 18K
As General Motors reported a healthy $2.5 billion third-quarter profit, the Detroit automaker ramped up its cost-cutting efforts by offering buyouts to 18,000 white-collar workers. The company, while acknowledging it’s in good shape now, said Wednesday it needs to be smaller to prepare for tougher times that might be ahead as it continues to get […]