County Douglas Financial News

27.12 / 16:44

IPO Digital CEO President stage Customers US online retailer Zulily says it will go into liquidation, surprising customers

online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed. The Seattle-based company said in a notice on its website that it had tried to fill all pending orders and expected to manage that within the coming two weeks. Zulily said it was trying to ensure that orders that could not be filled were cancelled and refunded and offered a contact for customers who did not get their orders or refunds.

19.12 / 12:15

Manufacturing economy pandemic show performer track dance Posthaste: Worst is yet to come for Canada's economy

With all this talk of Goldilocks lately, you might think the economy is out of the woods.

14.12 / 18:59

Reuters Cooper Aviat Corning President reports Department Exclusive-Biden poised to deliver win for ethanol makers on SAF credits

By Stephanie Kelly, Jarrett Renshaw and Leah Douglas

07.12 / 20:09

FIVE Fighting economy CIBC reports prevention Posthaste: Why these economists think the Bank of Canada will cut rates as early as April

Good morning,

07.12 / 14:39

Target FIVE Progressive Fighting economy pandemic reports Countdown to rate cuts has begun: What economists say about Bank of Canada's hold

The Bank of Canada is holding its benchmark lending rate at five per cent, but warned that it was prepared to hike rates again if necessary, adding a hawkish overtone — tinted with a “dovish undertone” — to its third consecutive hold.

27.11 / 11:51

Provident Cyber Amazon agrees deal with most Spanish workers over Cyber Monday walkout

MADRID (Reuters) — Amazon (NASDAQ:AMZN) reached an agreement with most of its workers in Spain on Monday, avoiding the full impact of a planned one-hour strike per shift on one of the busiest online shopping days of the year, according to local union group CCOO and the company.

24.11 / 04:17

Booking Death Bill donates Billionaire Warren Buffett says he will have a ‘simple’ & public will

donation of his fortune to charitable causes after his death will be open to public scrutiny, though the 93-year-old billionaire said he’s still doing fine for now. “I feel good but fully realize I am playing in extra innings,” the Berkshire Hathaway Inc. chief executive officer said in a Thanksgiving letter to shareholders.

22.11 / 00:09

IPO Provident Aware CEO McDonald’s show performer How Guzman y Gomez bungled its grand plans to be the next McDonald’s

The board of Guzman y Gomez forced its chief executive, Steven Marks, into a secret plan “involving cult-like life coaches and non-legal advisors to try to transition him to a credible, reliable executive”, the former management team responsible for the group’s expansion into North America has claimed.

21.11 / 19:51

Target economy Nov pandemic show reports travelers Cooling inflation raises odds of Bank of Canada interest rate hold

Inflation in Canada slowed to 3.1 per cent year over year in October from 3.8 per cent the month before, leading some economists to predict an interest rate cut by the Bank of Canada as early as next spring.

02.11 / 20:59

Gap economy Southern pandemic country outbreak pneumonia Posthaste: Outlook for Canadian dollar darkens in world of risks

So what’s up with the Canadian dollar?

31.10 / 20:49

Booking CEO Action PwC information reports Pioneer Credit sues PwC for $32m in long-running accounting dispute

Pioneer Credit is suing PwC Australia for almost $32 million in losses and damage, the latest chapter in a long-running dispute between the listed debt collector and its former auditor over the way its financial assets were valued.

25.10 / 17:11

UPS Target FIVE Progressive Fighting economy show 2024 end 3% by the end of 2024: What economists say about Bank of Canada's latest rate decision

The Bank of Canada held its benchmark interest rate at five per cent on Oct. 25, its second consecutive pause, meeting economist expectations amid a slowdown in the economy.

12.10 / 09:45

defi DAO BarnBridge Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting

Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.

12.10 / 09:15

regulation SEC DAO BarnBridge BarnBridge DAO votes to comply with SEC order

The decentralized autonomous organization (DAO) behind the decentralized protocol BarnBridge has conducted its voting on how to react to the United States Securities Exchange Commission’s (SEC) potential demands.

09.10 / 22:33

UPS Enterprise BBC Tesco buys Isle of Man Shoprite stores. What will happen to Shoprite stores now?

Tesco has bought supermarket chain Shoprite which has served the Isle of Man for more than 50 years. The company has said that it would rebrand all nine of the island's Shoprite stores over the next nine months. According to BBC, Shoprite's majority shareholders Deryck and Kevin Nicholson confirmed the deal and said that the sale was a «carefully considered» decision.

03.10 / 18:45

Progressive Waters President hospital 2020 Democrats in Congress ask Biden for moratorium on carbon pipeline permits

By Leah Douglas

21.09 / 17:45

Cooper Aviat CEO Corning President reports Department Ethanol groups slam US EPA advisors for report on fuel's 'minimal' climate benefit

By Leah Douglas

12.09 / 13:29

UPS RBC CIBC Posthaste: How higher oil prices could fuel another Bank of Canada interest rate hike

Good morning,

06.09 / 18:05

UPS Provident Target FIVE open Weakening economy convinces BoC to hold key rate, but door to more hikes stays open

OTTAWA — The Bank of Canada was persuaded to hold its key interest rate steady on Wednesday as signs of a faltering economy emerge, but with inflation still above target, the central bank is walking a tight line to avoid fuelling speculation of rate cuts.

17.08 / 15:21

UPS Target Puzzle CIBC show country Deal NOT Posthaste: Why Bank of Canada hike is not a done deal despite inflation 'head fake'

Good morning,

15.08 / 14:27

UPS Target Canada's inflation rises at faster pace than expected

Canada’s annual inflation rate rose at a faster pace than expected in July, threatening to complicate the Bank of Canada’s rate decision next month.

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