Business news

• Cure For Common Cold Found? Researchers Have Made A Vital Breakthrough

  23-02-2017 23:26 via ibtimes.com
  
  The common cold can be pesky, and always seems to come at the worst possible time, but researchers think they may have discovered the key to the “hidden code” that will help them come up with a cure.
  The code is of the chromosomes in the Human Parechovirus, a member of the Picornavirus family that includes the common cold, and other illnesses like polio and hand, foot and mouth disease.
  
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• What Exactly Is A Religious Cult? Survivor Of Notorious Australian Sect Reveals 4 Key Warning Signs

  23-02-2017 23:22 via ibtimes.com
  
  A survivor of an infamous Australian sect has revealed the key warning signs if you suspect someone may have been led into a cult. Claire Ashman, along with her eight children, was a member of the Order of St. Charbel in New South Wales for nearly 10 years before escaping in 2006.
  Having been raised in an ultra-conservative Catholic sect, Ashman would know more than most about the signs a religious community is, in fact, a sinister cult.
  
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• What Is SHA-1? Google Cracked A Fundamental Part Of Web Encrpytion

  23-02-2017 23:21 via ibtimes.com
  
  On Thursday, Google made major cryptography news by announcing that it had discovered a technique forgenerating a collision in the SHA-1 algorithm—a fundamental part of internet security protocol. The announcement effectively marks the death of SHA-1.
  
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• Nintendo Switch Pre Orders, 'Zelda' Bundles: Where You Can Buy New Console Before Its Release Date

  23-02-2017 23:11 via ibtimes.com
  
  The Nintendo Switch, which is Nintendo’s latest home console, is getting increasingly closer to its March 3 release date. Priced at $299, the Nintendo console will have a handful oforiginal and ported games available at launch. But if you’re looking to purchase a Switch, what bundle and pre-order options will be available?
  Nintendo Switch Pre-Orders
  Nintendo Switch At Amazon
  
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• Average weekly earnings increasing, but not for retail, food and accommodation workers

  23-02-2017 22:27 via cbc.ca
  
  The average weekly paycheque for non-farm workers was $961 in December, Statistics Canada says, a figure that has grown by 1.2 per cent last year but belies wide differences between types of workers.
  
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• Canadians projected to live longer, but can they afford it?

  23-02-2017 22:00 via cbc.ca
  
  A new study that projects Canadians born in 2030 will live even longer than the previous generation has prompted concerns over saving enough to enjoy those bonus years. Experts weigh in on the impact longevity could have on saving and retirement goals.
  
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• Estimated 8,000 millionaires immigrated to Canada last year, report says

  23-02-2017 21:50 via cbc.ca
  
  Canada attracted an estimated 8,000 millionaires last year, trailing only Australia and the United States on the list of top destinations, according to a recent report from New World Wealth.
  
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• Latvia becomes 1st EU country to sign on to Canada's trade deal

  23-02-2017 20:43 via cbc.ca
  
  The journey toward full ratification of Canada's trade deal with the European Union will be long and complicated, but an early step was taken Thursday as Latvia's parliament voted in favour of ratification.
  
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• Lessons the tooth fairy can't teach: Allowances can help kids learn financial savvy

  23-02-2017 18:20 via cbc.ca
  
  Giving children an allowance can help instill positive money habits, financial experts say.
  
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• Conference Board sees modest economic growth in 2017

  23-02-2017 18:14 via cbc.ca
  
  The national economy should seen see a slight pick-up this year, the Conference Board of Canada said in a new report out Thursday, with growth expected to climb to 1.9 per cent.
  
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• Bitcoin Hits 3-Year Peak, Nears Record High on U.S. ETF Approval Talk

  23-02-2017 17:43 via feeds.foxbusiness.com
  
  Digital currency bitcoin hit its highest levels in more than three years on Thursday and came within $3 of an all-time peak, on speculation that the first bitcoin exchange-traded fund (ETF) is set to receive approval from the U.S. financial regulator.
  
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• Delta Airlines wins right to appeal ruling in complaint involving obese passengers

  23-02-2017 17:37 via cbc.ca
  
  The Supreme Court of Canada has allowed Delta Airlines to appeal a ruling involving a complaint by a Nova Scotia man alleging the airline discriminates against obese people.
  
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• Fed No Longer in Driver Seat for Economic Growth Under Trump Administration

  23-02-2017 17:14 via feeds.foxbusiness.com
  
  ETF Trends publisher Tom Lydon spoke with Sharon French, Executive VP & Head of Beta Solutions at OppenheimerFunds, at Inside ETFs conference that ran Jan. 22-25, 2017. French discussed economic growth and how the Fed is no longer in the driver seat under the Trump Administration. An Asset Allocator’s Guide to 2017 Markets seesawed through…
  
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• Managing Risks and Opportunities in the ‘New Abnormal’

  23-02-2017 17:05 via feeds.foxbusiness.com
  
  Get ready to say goodbye to slow growth, low interest rates and benign inflation. Be prepared for the decline of monetary policy as defined by central banks and global institutions. Bid adieu to the embrace of globalization. And say hello to the new abnormal, says Michael Arone, chief investment strategist at State Street Global Advisors.…
  
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• As Metal Soars, Silver ETF Flows are Mixed

  23-02-2017 17:01 via feeds.foxbusiness.com
  
  Silver is one of this year’s best-performing commodities, a fact highlighted by year-to-date gains of nearly 13% for the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR). However, inflows to silver ETFs have been mixed to start the year, indicating that some investors may be concerned about the impact of the…
  
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• Big India ETFs Notch Double-Digit Year-to-Date

  23-02-2017 16:42 via feeds.foxbusiness.com
  
  Emerging markets stocks and exchange traded funds are on fire to start 2017. One of the obvious sources of that strength is India, Asia’s third-largest economy. The fine start to 2017 comes after Indian stocks and ETFs sagged to end 2016, wilting in the wake of the surprising U.S. election results. The iShares MSCI India…
  
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• How Long Will Small-Cap ETFs Remain Hot?

  23-02-2017 16:38 via feeds.foxbusiness.com
  
  Dating back to November, small-cap stocks and exchange traded funds have been one of the hottest corners of the U.S. equity market, but some market observers are concerned enthusiasm for smaller stocks is set to wane. ETFs, uch as the iShares Core S&P Small-Cap ETF (NYSEArca: IJR) and the iShares Russell 2000 ETF (NYSEArca: IWM),…
  
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• South Africa ETF in a Fragile Spot Despite 25% 12-Month Gain

  23-02-2017 16:33 via feeds.foxbusiness.com
  
  Thanks in large part to rising precious metals prices, the iShares MSCI South Africa ETF (NYSEArca: EZA) has been a solid performer emerging markets single-country exchange traded funds. Year-to-date, the South Africa ETF is higher by 8%, bringing its 12-month gain to 25%. South African equities have been rallying in the face of lingering concerns…
  
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• Tech Breakthroughs Take Backseat in Upcoming Apple iPhone Launch

  23-02-2017 14:56 via feeds.foxbusiness.com
  
  When Apple launches its much-anticipated 10th anniversary iPhone this fall, it will offer an unwitting lesson in how much the smartphone industry it pioneered has matured.
  
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• Trump taps CEOs of 5 job-offshoring firms for input on how to create jobs in America

  23-02-2017 14:52 via cbc.ca
  
  President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad.
  
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• Trump taps CEOs of 5 job-offshoring firms for input on how to create jobs

  23-02-2017 14:52 via cbc.ca
  
  President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad.
  
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• Report: Morgan Stanley Weighs Initial 300 Brexit Job Moves

  23-02-2017 14:51 via feeds.foxbusiness.com
  
  U.S. bank Morgan Stanley may initially move 300 staff from Britain following its exit from the European Union, and is scouting for office space in Frankfurt and Dublin, Bloomberg News reported on Thursday.
  
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• U.S. Jobless Claims up, Four-Week Average Lowest Since 1973

  23-02-2017 14:43 via feeds.foxbusiness.com
  
  The number of Americans filing for unemployment benefits rose slightly more than expected last week, but the four-week average of claims fell to its lowest level since 1973, pointing to strengthening labor market conditions.
  
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• Loblaw fourth-quarter profit up 57% to $201M

  23-02-2017 13:43 via cbc.ca
  
  ​Loblaw had $11.13 billion of revenue and a $201 million net profit in the fourth quarter, according to earnings announced Thursday morning.
  
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• CIBC grows first-quarter net income to $1.41B

  23-02-2017 12:42 via cbc.ca
  
  ​CIBC increased its first-quarter net income to $1.41 billion, up from $982 million a year ago, according to earnings announced Thursday morning.
  
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• Attention shoppers: There's a way to get sale items at no cost

  23-02-2017 12:00 via cbc.ca
  
  Have you ever bought an item on sale, only to get to the checkout and be charged the full price? Depending on the store and the cost of the item, you could be entitled to get it free under the Scanner Price Accuracy Voluntary Code.
  
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• Trump brand boycott gets louder with plans to protest Ivanka's line at the Bay

  23-02-2017 11:00 via cbc.ca
  
  The Trump brand boycott is gathering steam as protesters get louder and more retailers drop products. This Saturday, a group of women plan to stage a protest at the Bay for carrying Ivanka Trump's line.
  
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