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Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film lineup that could help drive sales.…
Bank of Canada cuts key interest rate by half point for first time since
The Bank of Canada has lowered its key interest rate to 3.75 per cent, making a 50 basis-point cut for the first time since the COVID-19 pandemic.Before Wednesday, the rate stood at 4.25 per cent. Economists were expecting the central…
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.
Read More: Frontier reportedly considering renewed merger…
Honda recalls 61,000 vehicles in Canada over fuel pump issue
Honda is voluntarily recalling 61,000 vehicles in Canada over concerns that a high-pressure fuel pump may have a defective part. The company said in a statement last week that cracks could form inside the fuel pump if there are issues…
CEO of Europe defense company says region faces ‘wake-up call’ to boost
Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.
Read More: CEO of Europe defense company says region faces ‘wake-up call’ to boost
Musk, putting up over $70M US to help Trump, raises legal questions with
Pennsylvania Gov. Josh Shapiro is among those calling for an investigation of billionaire Elon Musk, for his promise at a weekend Donald Trump rally to give away $1 million US each day until election day in the U.S.Musk on Saturday gave…
Oil settles higher after last week’s 8% drop as traders weigh China demand
Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.…
Is your friend selling Taylor Swift tickets? Make sure it’s not a hacker
As Taylor Swift is set to embark on the Canadian leg of her Eras world tour, scammers are taking advantage of the insatiable demand for tickets to the sold-out shows."It's just hard to point out who is real," said Summer Nickel. Nickel,…
Tesla reports earnings this week. The focus could shift ‘back to
When Tesla Inc. reports third-quarter earnings on Wednesday, the results, for Wall Street, could be about getting back to basics, after some investors soured on a robotics event this month that was heavily-hyped but seen by some as light…
Tobacco giants would pay out $32.5B to provinces, smokers in ‘historic’
Three tobacco giants face the prospect of paying close to $25 billion to provinces and territories and more than $4 billion to tens of thousands of Quebec smokers and their loved ones as part of a corporate restructuring process…