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Most Black female entrepreneurs face barriers to financing: report
The vast majority of Black women who are entrepreneurs in Canada say they face significant barriers to financing, including the cost of borrowing, a study has found.
Apr 15, 2021 12:06 PM
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Bank of America profit doubles in 1Q to $8.1 billion
NEW YORK — Bank of America's profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its loan-loss reserves that it originally set aside in the early days of the pandemic.
Apr 15, 2021 9:50 AM
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$1,400 stimulus checks helped March retail sales soar 9.8%
NEW YORK — Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.
Apr 15, 2021 9:48 AM
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Citigroup profit triples in 1Q, tops estimates; revenue down
NEW YORK — Citigroup's profits more than tripled in the first quarter, the banking conglomerate said Thursday, helped by the release of billions of dollars from its loan-loss reserves.
Apr 15, 2021 9:45 AM
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Toyota recalls Venza SUVs to fix air bag wiring problem
DETROIT — Toyota is recalling nearly 280,000 Venza SUVs in the U.S. because a wiring problem can stop the side air bags from inflating in a crash. The recall covers Venzas from the 2009 through 2015 model years. Documents posted Thursday by the U.S.
Apr 15, 2021 9:45 AM
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Strategize when ordering meal kits for one, families, picky eaters and special diets
TORONTO — For Jason Kucherawy, dinnertime requires serious organization. The Toronto tour company owner will try anything, his wife mostly sticks with a vegetarian diet but will eat chicken and their kids' tastes are anyone's guess.
Apr 15, 2021 9:08 AM
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Statistics Canada says manufacturing sales fell 1.6 per cent in February
OTTAWA — Canadian manufacturing sales fell 1.6 per cent in February as the auto sector faced a shortage of microchips that forced some assembly plants to ramp down production or shut down. Statistics Canada said Thursday manufacturing totalled $55.
Apr 15, 2021 8:15 AM
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US jobless claims plunge to 576,000, lowest since pandemic
WASHINGTON — The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
Apr 15, 2021 7:57 AM
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US industrial production warms with the weather, rising 1.4%
WASHINGTON — American industry rebounded last month as the United States recovered from an unusually frigid February. Industrial production — including output at factories, mines and utilities — rose 1.4% in March, reversing a 2.
Apr 15, 2021 7:55 AM
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Report: Dubai 'jetman' didn't deploy chute in fatal crash
DUBAI, United Arab Emirates — One of Dubai's famed “jetman” pilots killed in a crash in November failed to deploy the emergency parachute attached to the winged engines strapped to his back, an investigative report released Thursday found.
Apr 15, 2021 2:18 AM
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