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CBC Business News

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Updated: 1 hour 41 min ago

Amazon is ending remote work. Its employees hope the company reconsiders

Mon, 2025-01-06 01:00

It's a new year with a new full-time return-to-office mandate for Amazon's global workforce, including those who work in Canada, and not everyone is pleased with the change.

Categories: Business News

Apple to pay $95M to settle lawsuit accusing Siri of eavesdropping

Fri, 2025-01-03 04:13

Apple has agreed to pay $95 million US to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.

Categories: Business News

AI and robotic arms flex new tech muscles to boost lagging home construction in Canada

Fri, 2025-01-03 01:00

Entrepreneurs who are adapting robotic arms used for manufacturing automobiles to help with homebuilding say the construction industry in Canada needs to innovate. Using robots to do more on construction sites could speed things up and help with the shortage of skilled labour.

Categories: Business News

Toys 'R' Us Canada closing 5 stores in Ontario, revamping others and expanding HMV

Thu, 2025-01-02 13:07

Toys "R" Us Canada says it is closing five Ontario stores and revamping several others as it works to "optimize" its business.

Categories: Business News

Tesla has sluggish start to the year with first annual sales decline since 2011

Thu, 2025-01-02 08:22

Tesla's global sales rose 2.3 per cent in the fourth quarter after a sluggish start to the year contributed to the electric car company's first year-over-year sales decline since 2011.

Categories: Business News

The CEO-to-worker pay gap is still enormous — but a new report says it narrowed slightly in 2023

Thu, 2025-01-02 01:00

Canada's top-paid CEOs made over 200 times more than the average worker in 2023, says a new report — yet the gap between executives and employees narrowed slightly that year, as workers' wages rose and corporate profits declined during the comedown from high inflation.

Categories: Business News

Vancouver's Bench Accounting to be acquired by California-based HR tech company

Mon, 2024-12-30 20:47

A California-based HR tech company says it will acquire a Vancouver-based bookkeeping service that abruptly halted operations last week.

Categories: Business News

Get one of those $36.29 direct deposits from Facebook? Here's what you should know

Mon, 2024-12-30 14:47

Did you recently get a direct deposit of $36.29 from Meta and are wondering if you can keep it? The company Facebook hired to manage the process, says, yes you can, but with conditions.

Categories: Business News

Shopping on Sundays was illegal until this Calgary drug mart fought a $40 fine to the Supreme Court

Sun, 2024-12-29 04:00

Nearly 40 years ago, Calgary’s Big M Drug Mart challenged the Lord’s Day Act, sparking a Supreme Court case that redefined religious freedom and paved the way for Sunday shopping in Canada.

Categories: Business News

Nordic spas booming amid 'unlimited' consumer appetite for wellness

Fri, 2024-12-27 01:00

A Canadian trend that started in Quebec has since spread east and west, with a growing number of spas planned and opening.

Categories: Business News

How one Canadian is trying to keep a fast-growing social media platform troll-free

Fri, 2024-12-27 01:00

Canadian Aaron Rodericks is head of trust and safety for Bluesky Social. Can he keep the rapidly growing social media platform free of trolls and misinformation, and stop foreign actors from using Bluesky to try to interfere in Canada's next election?

Categories: Business News

Streamers like Netflix, Disney Plus get court reprieve from paying for Canadian content

Tue, 2024-12-24 16:13

In June, the CRTC said foreign streamers like Netflix and Disney Plus must contribute five per cent of their annual Canadian revenues to a fund devoted to producing Canadian content — a decision the companies are challenging in Federal Court.

Categories: Business News

Canada’s only Amazon workers’ union braces for 1st offer from employer

Mon, 2024-12-23 15:11

After successfully unionizing in May of 2024, workers at an Amazon facility in Laval, Que., are expecting a first offer from the company in January after six months of negotiations and demands for wage increases.

Categories: Business News

Passengers facing flight disruptions could get more protections under Canadian proposals

Mon, 2024-12-23 15:05

The Canadian Transportation Agency, the quasi-judicial tribunal and regulator tasked with enforcing air passenger rights and compensation rules, has unveiled proposed amendments to the Air Passenger Protection Regulations.

Categories: Business News

Competition Bureau sues Rogers for allegedly misleading customers about unlimited data

Mon, 2024-12-23 13:19

Canada's antitrust regulator said on Monday it was suing Rogers Communications Inc. for allegedly misleading consumers about offering unlimited data under some phone plans.

Categories: Business News

Canadian economy grew 0.3% in October, lifted by manufacturing, oil and gas extraction

Mon, 2024-12-23 07:05

The Canadian economy grew 0.3 per cent in October, Statistics Canada said in its monthly GDP release, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.

Categories: Business News

Influencer's TikTok blows up the Swedish candy business

Mon, 2024-12-23 05:58

A New York influencer's viral TikTok sparked a Swedish candy craze, but the sudden global surge in demand has left Canadian candy sellers scrambling to get enough supply to fill orders.

Categories: Business News

Honda and Nissan announce plans to merge, creating world's third-largest automaker

Mon, 2024-12-23 03:19

Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels.

Categories: Business News

Air Canada was ordered to pay him $15K for his delayed flights. Now they're fighting back

Mon, 2024-12-23 01:00

For the last two and a half years, Rejean Landry has been seeking compensation from Air Canada after his family arrived at their final destination more than 24 hours late. He won a settlement in Ontario's small claims court, but the airline has decided to appeal.

Categories: Business News

How a viral TikTok video led to a year-long global shortage of Swedish candy

Mon, 2024-12-23 01:00

How a TikTok influencer's video showing off a bag of Swedish candy sent the internet spinning, resulting in an ongoing global shortage of the nation's prized sweets.

Categories: Business News

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