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CBC Business News
Having a newborn can be tough. This business will help — for $850 a night
A business billing itself as Canada's first postnatal retreat has launched in Toronto. For a minimum of $850 a night, new parents get 24/7 support adjusting to life with their babies — a business model some doctors say points to a need for better postpartum care across the board.
South Asian liquor lovers in Ontario frustrated by absence of favourite brands at LCBO
Distributors of South Asian alcoholic brands in Ontario say that they do not receive adequate shelf space, and the absence of a destination store for South Asian brands makes it challenging to sell in Ontario.
Flair Airlines CEO bullish on future of discount airlines. Others aren't so sure
With Swoop folded into WestJet and Lynx folded altogether, Edmonton-based Flair Airlines has emerged as the only ultra-low cost carrier left standing in Canada.
Canada unexpectedly added 90,000 jobs in April, though unemployment stayed flat at 6.1%
The Canadian economy gained 90,000 jobs in April, much higher than many economists predicted. However, the unemployment rate stayed the same as the month before, according to the latest numbers from Statistics Canada.
Business groups walk back claim about share of Canadians hit by capital gains changes
Prominent business groups are backtracking on their claim that one in five Canadians would be affected by the federal government's proposed changes to capital gains taxation.
Apple gets crushing backlash to its 'gross' iPad ad from celebrities and artists
The spot went viral as critics denounced its message. Some found it particularly hard to stomach the imagery of big tech crushing creative tools as artists grapple with the threats posed by artificial intelligence.
Canada's foreign student push 'mismatched' job market, data shows
Canada’s recruitment of international students has tilted strongly toward filling spots in business programs, while doing little to meet the demand for workers in health care and the skilled trades, according to a CBC News analysis of federal data.
The shadow fleet of oil tankers enabling Russia's war and undermining global sanctions
Despite Western sanctions meant to curtail energy exports and squeeze its economy, experts say Russia is using its so-called shadow fleet of tankers to make as much as $1 billion a day selling oil, skirting a global price cap and funding its war in Ukraine.
Shopify's shares hit a 6-month low after quarterly growth slows
Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 per cent on Wednesday.
FTX says most customers will get all their money back less than 2 years after crypto fraud crisis
FTX says that nearly all of its customers will receive the money back that they are owed — and some will get more than that — nearly two years after the cryptocurrency exchange imploded.
TikTok is suing the U.S. over 'obviously unconstitutional' law that would ban it
TikTok and its Chinese parent company, ByteDance, are suing the U.S. over a law that would ban the popular video-sharing app unless it's sold to another company, arguing that it relies on vaguely painting it as a threat to national security to get around the First Amendment.
Boeing under investigation after workers falsified inspection records on some Dreamliners
The Federal Aviation Administration said Monday it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes. Boeing said its engineers have determined that misconduct did not create "an immediate safety of flight issue."
Hundreds strike at Nestle chocolate plant in Toronto: Unifor
Hundreds of Nestle workers walked off the job in Toronto on Sunday after rejecting a tentative agreement the union reached with the chocolate maker.
Competition Bureau investigating Lululemon over greenwashing allegations
Canada's Competition Bureau has opened a formal investigation into Lululemon's environmental claims in its marketing campaigns, a spokesperson for the agency told CBC News on Monday.
Work stoppage averted as WestJet, aircraft engineers' union reach tentative deal
WestJet and the union representing its maintenance engineers reached a tentative agreement late Sunday, averting a work stoppage that could have started disrupting flights as early as Tuesday afternoon.
Provincial governments facing higher debts and more financial pressure
After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder.
London Drugs begins to gradually reopen stores after cyberattack
London Drugs says it is gradually reopening its stores across Western Canada, six days after the retail and pharmacy chain shuttered all locations, due to a cybersecurity incident.
WestJet issues lockout notice to mechanics' union
Airline president says work stoppages could begin as early as Tuesday at noon MT.
Canada Post lost $748 million last year, warns of 'critical' financial situation
Canada Post warns its financial situation is so grim it could run out of operating money in less than a year, citing declining revenue and increased competition from private delivery companies.
Is the Loblaw boycott privileged? Here's why some people aren't shopping around
Location. Costs. Time and convenience. There are many reasons people aren't participating in the Loblaw boycott, a movement fuelled by customers fed up with high prices at the grocery retailer.