Report on Business - The Globe and Mail

interest rates

Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing

Chair says the Fed has made ‘considerable progress’ toward its goal of defeating the worst inflation spike in four decades

cybersecurity

Ticketmaster notice of privacy breach months after hack triggers customer backlash

The ticket sales giant sent e-mails to potentially affected customers this week, warning that their personal information may have been compromised in a security breach

food processing

Maple Leaf Foods to spin off pork business into new public company

The split, in which Maple Leaf will retain a 19.9 per cent stake in the as-yet-unnamed company, comes after three bad years for the sector

retail

LCBO union demands guarantee no one will lose job in Ontario alcohol expansion plan

OPSEU president says talks will remain at a standstill unless the Ontario government provides job protection for workers

Striking LCBO workers are making Doug Ford’s case for him

local news

After four years, a newspaper returns to Haida Gwaii

The Haida Gwaii News is one of only a handful of new community papers to have opened in Canada since 2023 as local outlets continue to bear the brunt of a shrinking media landscape

Today’s highlights

U.S. charges one of world’s richest people with defrauding investors, hiding plan to bribe Indian officials

Paper Excellence owner to take control of contentious Asia family company, raising environmental concerns

Ontario to crack down on ‘bad actors’ in immigration system

Canadians love these payment cards, but they don’t all protect your money the same way

PIMCO bullish on stocks on U.S. soft landing hopes, cautious on inflation

Ottawa takes aim at corporate investors buying single-family homes

Time ticks down for negotiators at UN climate talks to find deal to curb global warming

Google must divest Chrome to restore competition in online search, DOJ says

The future of work requires us to embrace lifelong learning. AI is an essential tool

Opinion

Canada can learn from Trump and cut its bloated bureaucracy

With Canada Post workers striking, it’s time to revive the privatization debate

Larry MacDonald

Booming bitcoin is a reminder that Canada must get serious about crypto and blockchain

Canada should get closer to the non-Western BRICS economic alliance

Toronto and Vancouver must seize the economic opportunity that is Taylor Swift

Personal Finance

Concert ticket scams are rampant. Here’s how to avoid falling for one

Stocks are turning into just another thing you buy online, and that’s a good thing

Canadians love these payment cards, but they don’t all protect your money the same way

charting retirement

Should retirees buy dividend stocks instead of bonds?

Frederick Vettese

Q&A: How can I maximize my TFSA? Submit your questions to our investment experts

The great wealth transfer is under way. But what if you don’t trust your kids with the money?

How do I transfer wealth to my friends or non-family members?

carrick on money

The Scotiabank online glitch is a win for alternative banks

Interact with The Globe

Streetwise

Former Caisse executives face U.S. charges in alleged bribery scheme involving Indian billionaire

Three former executives of Quebec-based pension fund manager Caisse de dépôt et placement du Québec have been charged with obstructing an investigation into the alleged scheme involving Gautam Adani

Rogers Sports & Media lays off ‘a few dozen’ employees in radio business, podcast division

Canadian pension funds exposed as battery maker Northvolt struggles to survive

Dye & Durham in crosshairs: Company accepts notice for rival board slate as shares rise on takeover rumor

Dye & Durham pauses sale process in face of cool reception from big shareholders

Economy

Booming bitcoin is a reminder that Canada must get serious about crypto and blockchain

Canadian dollar weakens on rising global risk aversion

Canada should get closer to the non-Western BRICS economic alliance

Financial services

Former Caisse executives face U.S. charges in alleged bribery scheme involving Indian billionaire

Private real estate investor KingSett halts distributions and redemptions on $1.9-billion flagship fund

Alberta appoints former prime minister Stephen Harper to chair AIMCo board

Globe Investor Quick Links

Energy and Resources

U.S. crude and gasoline inventories rose last week, while distillates post drop: EIA

Oil settles down on strong US supply, losses capped by Ukraine escalation

Company aiming to build wind-to-hydrogen project in N.L. eyes data centre as international market lags

Technology

U.S. gathers allies to talk AI safety measures after Trump vows to repeal Biden’s signature policy

Comcast to spin off some cable TV networks as streaming dominates

Elon Musk’s X adds Twitch as defendant in lawsuit over advertising ‘boycott’ of social media platform

International Business

Google must divest Chrome to restore competition in online search, DOJ says

Former Caisse executives face U.S. charges in alleged bribery scheme involving Indian billionaire

U.S. gathers allies to talk AI safety measures after Trump vows to repeal Biden’s signature policy

ROB Magazine

Meet the 2024 Fast 50

Deloitte Technology Fast 50 program tracks top-growing Canadian tech companies over three years

All eyes on the fastest growing tech companies

Blowing smoke: Big Tobacco is getting a whole new generation hooked on nicotine

Download the November 2024 edition of Report on Business magazine

Onno Rutten knows gold and silver can lag for long periods then soar

More business news

Google must divest Chrome to restore competition in online search, DOJ says

Former Caisse executives face U.S. charges in alleged bribery scheme involving Indian billionaire

Private real estate investor KingSett halts distributions and redemptions on $1.9-billion flagship fund

Paper Excellence owner to take control of contentious Asia family company, raising environmental concerns

Concert ticket scams are rampant. Here’s how to avoid falling for one

U.S. charges one of world’s richest people with defrauding investors, hiding plan to bribe Indian officials

Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Booming bitcoin is a reminder that Canada must get serious about crypto and blockchain

Video

Trump gives Elon Musk mission to cut costs, slash red tapeVideo2:18

Race for Japanese 7-Eleven ownership heats up with founding family bidVideo1:22

Spirit Airlines jet hit by gunfire over Haiti lands safelyVideo1:07

Shell wins appeal against landmark Dutch climate rulingVideo1:03

Fed cuts rates, says election has no bearing on policyVideo1:00

Australia proposes ban on social media use under age 16Video1:33

Germany faces snap election as Scholz sacks finance ministerVideo1:49

Freeland reassures Canadians on trade effects of second Trump presidencyVideo0:58

In case you missed it

Bitcoin got a bump from Trump but enthusiasts should note the paradox of going mainstream

A handful of funeral homes in Canada have been accused of mishandling funds. Are prepaid funerals still a safe bet?

My EV delivers plenty of perks... and parking tickets

Don’t get this type of mortgage without knowing the downsides

Sections

Future of work

Can’t get a salary bump? Here’s what to negotiate for instead

Earn while you learn: How apprenticeships give students a leg up in the trades

My workplace is cracking down on ‘hush trips’ – what’s the problem if the work gets done?

Careers

I want to start an employee resource group at my workplace. How can I get management on board?

The future of work requires us to embrace lifelong learning. AI is an essential tool

My employer is reducing everyone’s wages. Do I have any recourse?

Taxes

Poilievre vows to remove GST on new homes under $1-million

Pierre Poilievre promises to abolish federal sales tax on new homes under $1-million

Ontario moves to extend 5.7 cent gas tax cut to June 2025

Small business

carrick on money

Do retailers really prefer to be paid in cash?

Employees should consider these tax strategies before year-end

Indigenous fitness leaders go beyond physical wellness

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