Business news

• U.S. International Trade Commission says Canadian softwood lumber caused harm

  06-01-2017 22:11 via cbc.ca
  
  The U.S. International Trade Commission says it found there was a reasonable indication that softwood lumber products from Canada materially injured American producers, setting the stage for the imposition of preliminary duties.
  
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• 6 ways to secure air-gapped computers from data breaches

  06-01-2017 21:54 via techrepublic.com
  
  Once upon a time, air-gapped computers were impossible to breach. That is no longer the case. Jack Wallen offers security advice for those who deploy such machines.
  
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• Boeing's 2016 orders lowest since 2010, deliveries hit target

  06-01-2017 21:32 via news.yahoo.com
  
  Boeing Co fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world's biggest planemaker for another year. Boeing on Friday said it delivered 748 jetliners last year and booked net orders for 668 aircraft worth about $94 billion at list prices. Boeing had predicted orders would roughly match deliveries, which it forecast at between 745 and 750 planes.
  
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• Struggling upscale U.S. retailer Neiman Marcus pulls IPO

  06-01-2017 21:28 via news.yahoo.com
  
  Neiman Marcus declined to comment on the reasons for pulling the IPO. Neiman Marcus, which also operates the Bergdorf Goodman and MyTheresa brands, was acquired by private equity firm Ares Management LP and Canada Pension Plan Investment Board three years ago for $6 billion. Late 2015 through 2016 was a notably rocky period for IPOs, plagued by market jitters and volatility.
  
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• CES 2017: Dell brings wireless charging to laptops with the Latitude 7285

  06-01-2017 21:18 via techrepublic.com
  
  Dell cuts the power cord on its new wireless charging 2-in-1 laptop. Here's how it could benefit business users.
  
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• Boosted by Apple, Wall Street parties like it's 19,999

  06-01-2017 21:17 via news.yahoo.com
  
  (Reuters) - The Dow came within one point of 20,000 for the first time ever on Friday, boosted by a rise in Apple shares and extending a two-month rally fueled by optimism that U.S. President-elect Donald Trump's policies will bolster the economy.
  
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• Starbucks to end beer, wine sales at hundreds of U.S. outlets

  06-01-2017 21:00 via cbc.ca
  
  Starbucks will stop selling beer and wine at more than 400 U.S. stores next week as it ends its "evenings" program.
  
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• Ford plant turns 'cemetery' as Trump wrenches Mexican autos

  06-01-2017 20:59 via news.yahoo.com
  
  By Christine Murray SAN LUIS POTOSI, Mexico (Reuters) - Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in anticipation of Ford's plant in the state of San Luis Potosi, where industry is "easily 70 percent" dependent on the auto sector, said Julian Eaves
  
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• In sign of more hawkish Fed, Evans nods to three rate hikes

  06-01-2017 20:54 via news.yahoo.com
  
  Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. The comments from Evans, a voting member of the Fed's policy committee this year and one of the U.S. central bank's most outspoken doves, were a fresh sign the Fed is gearing up for potentially faster rate hikes in the face of above-potential economic growth and firmer i
  
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• Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations

  06-01-2017 19:52 via news.yahoo.com
  
  By David Shepardson WASHINGTON (Reuters) - Volkswagen AG and the U.S. Justice Department are nearing an agreement to resolve the government's civil and criminal investigations that would require the German automaker to pay a penalty of more than $3 billion, sources briefed on the talks said on Friday. Volkswagen is also expected to face oversight by an outside monitor and agree to other significant reforms in connection with its diesel cheating scandal as part of a potential deferred prosecution
  
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• Automakers take differing routes to self-driving future

  06-01-2017 19:39 via cbc.ca
  
  Ford and BMW expect self-driving cars for commercial use won't arrive until 2021, but you can buy an Audi with limited autonomous capabilities later this year, writes Matthew Braga.
  
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• U.S. job growth slows, but wages rebound strongly

  06-01-2017 19:37 via news.yahoo.com
  
  U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose by 156,000 jobs last month, the Labor Department said on Friday. The gains, however, are more than sufficient to absorb new entrants into the labor market.
  
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• Competition Bureau drops probe into Apple's iPhone deals with carriers

  06-01-2017 19:34 via cbc.ca
  
  Canada's competition watchdog is dropping its investigation into Apple's iPhone contracts with the country's wireless carriers, saying it hasn't found sufficient evidence that the contract terms had a significant effect on competition.
  
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• U.S. adds 156,000 jobs as unemployment rate moves up to 4.7%

  06-01-2017 19:13 via cbc.ca
  
  U.S. employers added 156,000 jobs in December, capping a year of slower but solid hiring and providing the last major snapshot of the economy president-elect Donald Trump will inherit from President Barack Obama.
  
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• Dow comes within 1 point of 20,000; indexes at records

  06-01-2017 18:59 via news.yahoo.com
  
  A rise in Apple pushed the three major indexes to record highs. Apple's shares rose 1.1 percent to $117.86 after Canada's Competition Bureau said it did not find sufficient evidence iPhone maker had engaged in anti-competitive conduct, closing a two-year investigation into the company. The Nasdaq is on track to be the biggest gainer in Wall Street's first trading week of the year, rising about 2.6 percent.
  
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• Volkswagen, Justice Dept. nearing $3 billion agreement to resolve diesel allegations

  06-01-2017 18:53 via news.yahoo.com
  
  Volkswagen AG and the U.S. Justice Department are nearing an agreement to resolve the government's civil and criminal investigations that would require the German automaker to pay more than $3 billion, sources briefed on the talks said Friday. Volkswagen is also likely to face oversight by an outside monitor and agree to other significant reforms in connection with its diesel cheating scandal as part of a likely deferred prosecution agreement.
  
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• Boeing falls short on 2016 orders; deliveries hit target

  06-01-2017 18:29 via news.yahoo.com
  
  Boeing Co fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world's biggest planemaker for another year. Boeing on Friday said it delivered 748 jetliners last year and booked net orders for 668 aircraft worth about $94 billion at list prices. Boeing had predicted orders would roughly match deliveries, which it forecast at between 745 and 750 planes.
  
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• Wal-Mart unit Sam's Club CEO to retire next month

  06-01-2017 18:10 via news.yahoo.com
  
  Wal-Mart Stores Inc said Rosalind Brewer, the longest-serving CEO of its warehouse chain Sam's Club, would retire next month, and would be succeeded by company veteran John Furner. Brewer, the first woman and the first African American to run a top Wal-Mart business, will leave on Feb. 1 to take on a "new challenge", according to an internal memo seen by Reuters. Brewer, 54, a champion of diversity within the workplace, came under fire after she alluded that she saw a problem with an all Caucasi
  
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• Fort Mac fires push 2016 to record for insurable damage

  06-01-2017 18:04 via cbc.ca
  
  The Insurance Bureau of Canada says last year set a record for insurable damage — estimated at more than $4.9 billion, about $1.7 billion higher than the previous full-year record set in 2013.
  
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• Riot: An open team collaboration tool for everyone

  06-01-2017 17:59 via techrepublic.com
  
  If you're looking for a simple, yet flexible team collaboration tool, Riot could be the solution.
  
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• Canada records surprise November trade surplus

  06-01-2017 17:40 via cbc.ca
  
  Canada has posted its first monthly trade surplus since Sept. 2014, moving from a $1.0 billion deficit in October to a unexpected $526 million surplus in November, Statistics Canada said Friday.
  
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• Battered bitcoin slides another 12 percent after China warning

  06-01-2017 17:18 via news.yahoo.com
  
  Bitcoin plunged by as much as 12 percent on Friday after China's central bank urged investors to take a rational and cautious approach to investing in the digital currency, which is on track for its heaviest two-day drop in two years. It continued that fall on Friday, with its losses accelerating after the central bank's warning. The Shanghai head office of the People's Bank of China (PBOC) noted in a statement that bitcoin prices had shown abnormal fluctuations in recent days, and said those in
  
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• AT&T says Time Warner purchase could avoid FCC scrutiny

  06-01-2017 17:18 via news.yahoo.com
  
  AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station, analysts
  
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• CES 2017: Robots of the future

  06-01-2017 16:56 via techrepublic.com
  
  At CES 2017, dozens of companies presented robots they believe will improve life at home, work, and school. Here's a peek at what they can do.
  
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• Canada's competition watchdog closes two-year Apple probe

  06-01-2017 16:56 via news.yahoo.com
  
  Canada's Competition Bureau on Friday said it had not found sufficient evidence that Apple Inc had engaged in anti-competitive conduct, closing a two-year investigation into the iPhone maker. The watchdog launched a probe into Apple's business practices in December 2014 to investigate allegations the company's Canadian unit had used anti-competitive clauses to force domestic operators to sell rival devices at higher prices than they otherwise would have and restricting how they could market and
  
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• How to troubleshoot a faulty install using the Fix Windows Update Errors page

  06-01-2017 16:43 via techrepublic.com
  
  Microsoft offers the Fix Windows Update Errors page, which will guide you through the process of finding and correcting update installation problems. Here's an illustrated look at each step.
  
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• Factory goods orders fall, but trend points to recovery

  06-01-2017 16:05 via news.yahoo.com
  
  WASHINGTON, Jan 6 (Reuters) - New orders for U.S.-made goods fell in November, weighed down by a plunge in the volatile civilian aircraft category, but the underlying trend suggested manufacturing is gradually firming.
  
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• Wall St. loses ground after mixed jobs data

  06-01-2017 15:59 via news.yahoo.com
  
  (Reuters) - U.S. stocks edged lower on Friday after data showed employment in December rose less than expected but a rebound in wages suggested sustained growth in the labor market.
  
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• J.C. Penney holiday sales drop in latest setback to sector

  06-01-2017 15:52 via news.yahoo.com
  
  J.C. Penney's report comes a day after rivals Macy's Inc and Kohl's Corp said they had posted declines in same-store sales during the crucial holiday selling period. Along with the shift to online retailers such as Amazon.com Inc , lower spending on apparel - the top sales driver for department stores - has weighed on the sector. J.C. Penney reported a 0.8 percent drop in same-store sales for November and December.
  
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• Microsoft unveils connected car strategy at CES 2017: 'Cloud will do the heavy lifting'

  06-01-2017 15:28 via techrepublic.com
  
  The Microsoft Connected Vehicle Platform will allow automakers to build the company's productivity tools into cars, including Cortana, Office 365, and Skype for Business.
  
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• CES 2017: How the tiny Intel Compute Card could revolutionize IoT device management

  06-01-2017 15:26 via techrepublic.com
  
  Intel's new 5 mm-thick computing platform, the Compute Card, could help businesses more quickly embrace the Internet of Things.
  
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• Exclusive: Iran capitalizes on OPEC oil cut to sell millions of barrels - sources

  06-01-2017 15:25 via news.yahoo.com
  
  By Jonathan Saul LONDON (Reuters) - Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data. In the past three months, Tehran has sold almost half the oil it had held in floating storage, which had tied up many of its tankers as it struggled to offload stocks in an oversupplied global market. The amount of Iranian
  
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• Job growth slows, but wages rebound strongly

  06-01-2017 15:17 via news.yahoo.com
  
  U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. The gains, however, are more than sufficient to absorb new entrants into the labor market. Fed Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with growth in the work-age population.
  
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• Trade deficit rises for second straight month

  06-01-2017 14:58 via news.yahoo.com
  
  WASHINGTON, Jan 6 (Reuters) - - The U.S. trade deficit widened for a second straight month in November as imports rose to their highest level in more than a year on higher oil prices, suggesting that trade was a significant drag on economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap increased 6.8 percent to $45.2 billion. October's trade deficit was revised down slightly to $42.4 billion from the previously reported $42.6 billion.
  
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• Canada adds 54,000 jobs in December

  06-01-2017 14:51 via cbc.ca
  
  Canada added more than 50,000 jobs in December, bringing the total for 2016 to 214,000.
  
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• Canada added 54,000 jobs last month, making 2016 best year for jobs since 2012

  06-01-2017 14:51 via cbc.ca
  
  Canada added more than 50,000 jobs in December, bringing the total for 2016 to 214,000.
  
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• Bitcoin extends losses, slides another 12 percent on China warning

  06-01-2017 14:43 via news.yahoo.com
  
  Bitcoin plunged another 12 percent on Friday after China's central bank urged investors to take a rational approach to the digital currency, which has is on track for its heaviest two-day falls in two years. Bitcoin had gained more than 40 percent in two weeks to hit a three-year high of $1,139.89 on Wednesday, just shy of its all-time record of $1,163 on the Europe-based Bitstamp exchange. Bitcoin prices had showed abnormal fluctuations, the Shanghai head office of the People's Bank of China (P
  
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• Global stocks hold near one-and-half-year highs before U.S. jobs data

  06-01-2017 13:10 via news.yahoo.com
  
  World stocks held near 1-1/2 year highs and the dollar moved up from a three-week low on Friday, with investors looking ahead to U.S. jobs data to provide clues on the pace of U.S. interest rate rises this year. MSCI's gauge of the world's stock markets hit its highest since July 2015, taking its gains so far this year to 1.7 percent, helped by this week's generally upbeat economic readings in the U.S., China and Europe. Wall Street futures indicated a flat open ahead of the release of U.S. jobs
  
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• Airbus reached A350 delivery target in 2016: sources

  06-01-2017 12:34 via news.yahoo.com
  
  Airbus reached a target for at least 50 deliveries of its A350 wide-body jetliner in 2016, two industry sources said on Friday. Widely watched deliveries of the newest European long-haul jet had been delayed by problems in supplies of cabin equipment, notably from France's Zodiac Aerospace . Airbus declined to comment ahead of an annual news conference on orders and deliveries on Jan 11.
  
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• How to install and enable memcached on Ubuntu and CentOS

  06-01-2017 12:00 via techrepublic.com
  
  In order to improve your Apache or Nginx server performance, you might need to aid it with the help of memcached. Learn how to install this caching system on Ubuntu and CentOS.
  
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• The 'January effect' for stock markets is fading: Goldman

  06-01-2017 11:34 via news.yahoo.com
  
  U.S. and UK equity indexes holding near record highs, a brighter earnings outlook and rising forecasts for economic growth have all spurred talk of the "January effect," or the notion that the first month of the year is always bullish for stocks. A Goldman Sachs analysis of returns since 1999 noted that the January effect has faded compared to a longer history going back to 1974. Since 1999 the data shows average performance for January has been -0.5 percent against +0.2 percent for all months,
  
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• Siemens chief does not expect to be put under pressure by Trump

  06-01-2017 11:22 via news.yahoo.com
  
  SEEON, Germany (Reuters) - Siemens chief Joe Kaeser said on Friday he does not expect the German engineering group to come under pressure from U.S. President-elect Donald Trump. Kaeser made the comments after Trump singled out Japanese automaker Toyota Motor Corp and threatened to slap punitive tariffs on its Mexico-built cars. Turning to Britain's plans to leave the European Union, Kaeser said the agreed timetable on Brexit must be stuck to. British Prime Minister Theresa May intends to launch
  
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• Exclusive: China's ZTE to slash about 3,000 jobs: sources

  06-01-2017 11:20 via news.yahoo.com
  
  By Sijia Jiang HONG KONG (Reuters) - Chinese telecom equipment maker ZTE, which is facing U.S. trade sanctions that could severely disrupt its supply chain, is slashing about 3,000 jobs, including a fifth of positions in its struggling handset business in China, company sources said. Its global handset operations will shed 600 jobs, or 10 percent of the total, with the cuts concentrated in China, where it has been losing market share. "Cuts in the handset business in China will be beyond 20 perc
  
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• World stocks hold near 1-1/2 year highs before U.S. jobs data

  06-01-2017 11:19 via news.yahoo.com
  
  By Alistair Smout LONDON (Reuters) - World stocks held near 1-1/2 year highs and the dollar moved up from a three-week low on Friday, with investors looking to upcoming U.S. jobs data to provide clues on the pace of U.S. interest rate rises this year. MSCI's gauge of the world's stock markets hit its highest since July 2015, taking its gains so far this year to 1.7 percent, helped by this week's generally upbeat economic readings in the U.S., China and Europe. A Reuters survey of economists sign
  
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• As Trump targets Toyota over Mexico, Nissan faces bigger risk

  06-01-2017 11:13 via news.yahoo.com
  
  U.S. President-elect Donald Trump has threatened Toyota Motor Corp over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan Motor Co, the largest automaker operating in the country. Trump has criticized U.S. companies like General Motors and Ford Motor Co which manufacture abroad, accusing them of costing U.S. jobs. On Thursday he took on Toyota, warning the world's largest automaker that it would face a "big border tax" if it exported Mexico-bu
  
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• 'We're paying with our data': Why privacy can be a problem with apps

  06-01-2017 11:00 via cbc.ca
  
  The average Canadian has at least 18 apps on their mobile device according to research group Catalyst Canada: everything from fitness to social sharing to shopping and games. But is the fun and convenience worth all the personal information you could be giving away?
  
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• Home ownership remains a millennial measure of success: Don Pittis

  06-01-2017 11:00 via cbc.ca
  
  Owning a home may be hard for young people. Of course, it's always been hard. Getting a foot on the home ownership ladder may be a financial decision, but it is much more than that.
  
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• China sales vroom in 2016 for global automakers; dull 2017 looms

  06-01-2017 10:19 via news.yahoo.com
  
  By Jake Spring and Norihiko Shirouzu BEIJING (Reuters) - Global automakers reported a surge in China sales last year as consumers rushed to take advantage of a tax cut on small-engine cars, but cautioned 2017 would be tougher for the industry as the incentive is rolled back and the broader economy slows. Toyota Motor Corp, Ford Motor Co and Nissan Motor Co Ltd on Friday each reported sales growth of 8 percent or better for 2016, although Honda Motor Co Ltd led the pack with a 24 percent growth.
  
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• A perfect illustration of how the big data value chain works

  06-01-2017 10:05 via techrepublic.com
  
  Discover how IoT analytics may save Siemens millions in energy costs and emissions each year. Also, learn how Kone is adopting IoT analytics while building its big data value chain.
  
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• 16 OS X tweaks for business power users

  06-01-2017 09:56 via techrepublic.com
  
  Get the most out of your Mac with these OS X tips, which include time-saving features and performance-enhancing settings.
  
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