Amazon bars off-duty warehouse workers from its buildings

Amazon bars off-duty warehouse workers from its buildings

FILE – A truck arrives at the Amazon warehouse facility on the Staten Island borough of New York, April 1, 2022. Amazon is barring off-duty warehouse workers from the company’s facilities, a move organizers say can hamper union drives. (AP Photo/Eduardo Munoz Alvarez, File)Eduardo Munoz Avarez/The Associated Press Amazon is barring off-duty warehouse workers from … Read more

Imperial Oil, ExxonMobil Canada sell Alberta energy assets for $1.7-billion

Imperial Oil, ExxonMobil Canada sell Alberta energy assets for .7-billion

Imperial Oil Ltd. IMO-T and ExxonMobil Canada XOM-N are parting ways with significant shale oil and gas assets they co-own in northwest Alberta’s Montney and Duvernay plays, selling them to Calgary-based Whitecap Resources Inc. WCP-T for $1.7-billion. Whitecap announced the acquisition of XTO Energy Canada Tuesday evening. In an investor call Wednesday, executives said the … Read more

These indicators will tell you when it’s time to load up on stocks again. More, China bulls make a return

These indicators will tell you when it’s time to load up on stocks again.  More, China bulls make a return

Michael Cembalest, the chairman of Market and Investment Strategy for JP Morgan Asset Management, is providing some important guideposts that will allow investors to gauge when equity markets have bottomed. In the most recent edition of his popular Eye on the Market report, he notes that US purchasing managers indices (PMIs) have been the best … Read more

How the world’s ‘most high-profile kleptocracy case’ didn’t stop the sale of this Hong Kong penthouse

How the world’s ‘most high-profile kleptocracy case’ didn’t stop the sale of this Hong Kong penthouse

The Arch in West Kowloon next to other residential and commercial building.Jonathan Wong/South China Morning Post/Getty Images Looming over downtown Kowloon like a giant, orange, lowercase n, The Arch is one of Hong Kong’s swankiest property developments. In 2008, a penthouse unit sold for $36.5-million to a company linked to Gulnara Karimova, daughter of the … Read more

US real estate giant Blackstone says it will not target single-family homes in its Canadian expansion

US real estate giant Blackstone says it will not target single-family homes in its Canadian expansion

Blackstone Inc. BX-N said Monday it has no interest in investing in single-family homes in Canada, laying to rest speculation the giant global asset manager would scoop up hundreds of Canadian houses and turn them into rental properties. After Blackstone announced plans in May to establish a Canadian office in Toronto, rumors abounded that the … Read more

12 outperforming TSX dividend stocks with low levels of ESG risk

12 outperforming TSX dividend stocks with low levels of ESG risk

What are we looking for? Outperforming Canadian stocks that have low levels of ESG risk. The screen Given the rocky Canadian equity markets of late, younger investors, who are often enthusiastic consumers of newsfeeds and social media, are reminded that what may appear to be the end of the world today will likely seem like … Read more

TSX-listed crypto company Voyager Digital warns of US$655-million loan default, shares plummet 53 per cent

TSX-listed crypto company Voyager Digital warns of US5-million loan default, shares plummet 53 per cent

TSX-listed Voyager Digital Ltd.’s VOYG-T stock lost half its value in a single day after management warned of a potential default on a US$655-million loan to a troubled hedge fund, as investors continue to fear financial contagion owing to the crypto sector’s recent crash. Voyager, which went public in Canada in 2019, was historically known … Read more

Amazon has a plan to make Alexa mimic anyone’s voice

Amazon has a plan to make Alexa mimic anyone’s voice

Amazon.com Inc AMZN-Q wants to give customers the chance to make Alexa, the company’s voice assistant, sound just like their grandmother – or anyone else. The online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute of audio, said Rohit Prasad, an Amazon senior vice president, at … Read more