OTTAWA—The Bank of Canada is holding interest rates steady as the economy navigates a temporary period of softness created by the sharp drop in oil prices, governor Stephen Poloz said yesterday.
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A legal gram of cannabis in Canada costs nearly 50 per cent more than illicit pot, according to a new analysis of price quotes compiled by Statistics Canada.
The average price of a legal gram of medical or non-medical weed during the fourth quarter last year was $9.70, compared to the black market price of $6.51, the Ottawa-based agency said on Wednesday.
TORONTO—Shares of New Gold Inc. climbed more than 10 percent in early trading yesterday after the company reported improved fourth-quarter performance at its troubled Rainy River mine.
The Toronto-based company said gold production at its Rainy River mine in Northwestern Ontario surged 39 percent in the fourth quarter to 77,202 ounces.
TORONTO — Shares of New Gold Inc. climbed more than 10 per cent in early trading after the company reported improved fourth-quarter performance at its troubled Rainy River mine.
SAN FRANCISCO — Netflix said 45 million subscriber accounts worldwide watched the Sandra Bullock thriller “Bird Box” during its first seven days on the service, the biggest first-week success of any movie made for the company’s nearly 12-year-old streaming service.
NEW YORK — After 104 years, Lord & Taylor’s flagship store on Fifth Avenue locked its doors forever.
The venerable department store famed for its animated holiday windows closed down Wednesday afternoon, ending a blowout sale that left whole floors empty. By the end, clothes that once sold for as much as $100 were going for $5.99, and $600 designer shoes for $99.
LOS ANGELES — The origins of a suspected computer attack that disrupted the Los Angeles Times and Tribune Publishing newspapers remained unclear Sunday after causing delivery delays and being brought to the attention of federal investigators.
The average monthly payment for a new car is hovering around $530, according to the most recent Experian auto finance report. The average lease payment is $430. While these payments will fit some budgets, they’re painfully steep for others.
DETROIT Ford is recalling more than 874,000 F-Series pickup trucks with engine block heaters in the U.S. and Canada because they can catch fire.
The recall covers certain F-150s from the 2015 through 2019 model years, as well as the 2017 through 2019 F-250, 350, 450 and 550.
NEW YORK—The “Fearless Girl” is making her stand outside the very temple of American capitalism.
The hands-on-her-hips statue that spent most of the past two years staring down Wall Street's “Charging Bull” sculpture, becoming a spunky symbol of feminine empowerment, was unveiled yesterday at her new permanent home in front of the New York Stock Exchange.