Bitcoin on track for 10th consecutive session below $4,000
Expect university endowments to be large players in the cryptocurrency market, says Nigel Green Cryptocurrency prices are trading in mixed fashion on Friday with bitcoin, the best-known digital currency, marginally lower. In midafternoon trading, one bitcoin BTCUSD, +0.42% was fetching $3,806.21, down 0.9% since 5 p.m. Eastern Time on the Kraken crypto exchange. If the […]
Markets Right Now: Stocks Soar, Erasing Thursday’s Plunge
Wall Street roared back, wiping out all of the losses from the previous day, as a barrage of positive news eased concerns about the economy and interest rates. 4 p.m. Wall Street roared back, wiping out all of the market’s losses from the previous day, as a barrage of positive news eased concerns about the […]
Proof carding doesn’t work
An Ontario judge who issued a report on the police practice of street checks, widely known as carding, is set to discuss his findings today. Justice Michael Tulloch issued a report earlier this week saying carding has little to no value as a law enforcement tool and should be significantly limited in the province. The […]
Railways ‘well-poised’
Canada’s two major railways are well-positioned to weather potential economic headwinds and the U.S.-China trade war, analysts say, as ongoing investments in new cars and track bolster crude-by-rail and commodities shipments. Canadian National Railway Co. and Canadian Pacific Railway Ltd. shipped 23 per cent more oil and petroleum in 2018 to drive a four per […]
Ship ablaze in stormy sea
A fire was burning aboard a large container ship about 1,200 kilometres off Canada’s east coast on Friday, but the crew suspended fighting the blaze because of worsening weather. The international shipping company Hapag-Lloyd issued a statement saying the 320-metre Yantian Express was en route to Halifax on Thursday when a fire started inside a […]
Calgary offices empty
A commercial realtor says a 32 per cent decline in Calgary’s downtown office building property assessment this year will likely translate into lower costs for some tenants, but he doesn’t expect much improvement in the vacancy rate. Greg Kwong, Alberta managing director for realtor CBRE, says companies will have to start replacing the thousands of […]