Business news

• Live TV is coming to YouTube — unless you live in Canada

  28-02-2017 23:53 via cbc.ca
  
  U.S. subscribers will be able to watch more than 40 live television channels on YouTube for $35 US a month.
  
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• Hersheys to Reduce Global Workforce by 15%

  28-02-2017 22:55 via feeds.foxbusiness.com
  
  Hershey Co, maker of Hershey's Kisses and Reese's Peanut Butter Cups, said will make certain changes to its operations, resulting in a 15% reduction of its global workforce.
  
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• Could the $1.3T of College Debt Spark the Next Financial Crisis?

  28-02-2017 22:55 via feeds.foxbusiness.com
  
  As President Trump addresses Congress over tax reform and defense spending in a joint session Tuesday night, one agenda that might not be covered could very well spark the next financial crisis: student loan debt default.
  
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• How to buy a home the right way, according to CMHC

  28-02-2017 22:50 via cbc.ca
  
  Canada Mortgage and Housing Corp. has updated its free guide to the process of buying a home, with an emphasis on encouraging Canadians to think long term about what kind of home they should buy — or whether they would be better off renting.
  
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• TransCanada suspends $15B NAFTA suit on Keystone XL as project advances

  28-02-2017 22:46 via cbc.ca
  
  The company filed the North American Free Trade Agreement challenge last year alleging the U.S. government failed in its commitment to protect Canadian investors and ensure the company was treated in accordance with international law.
  
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• Dow Halts Record Run, February Was Still Mighty for Markets

  28-02-2017 21:55 via feeds.foxbusiness.com
  
  Despite ending Tuesday’s session slightly lower, the major averages notched substantial monthly gains and continued to sit just below all-time highs.
  
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• Adrian Peterson Rumors: Dallas Cowboys, Green Bay Packers, Oakland Raiders In The Mix For Vikings’ Running Back

  28-02-2017 21:47 via ibtimes.com
  
  For the first time in his illustrious career, Adrian Peterson might play for someone other than the Minnesota Vikings. The team declined to pick up the running back’s option for the 2017 NFL season.
  Peterson isn’t ready to retire, making him potentially one of the most sought-after free agents this offseason. Even though he’s coming off a season plagued by injuries and unimpressive numbers, he’s certain to have plenty of suitors.
  
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• Who Is Narges Shafeirad? Maryland Mother Sentenced To 50 Years After 5-Year-Old Son Overdoses On Antihistamine

  28-02-2017 21:39 via ibtimes.com
  
  A woman in Maryland accused of giving her five-year-old a fatal overdose before leaving his body in a burning car was sentenced to 50 years in prison Monday, according to reports.
  
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• Olathe Shooting Update: Americans Split on Immigration After Deadly Racism In Kansas

  28-02-2017 21:33 via ibtimes.com
  
  When it comes to immigration, Americans were equally divided: 43 percent of voters believe immigrants strengthen the country, while 43 percent don’t. Those were the results of a Morning Consult/POLITICO poll released Tuesday morning, after nearly six weeks of President Donald Trump’s presidency.
  
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• Raspberry Pi Zero W: New Single-Board Computer Features Wi-Fi, Bluetooth 4.0 And Costs Just $10

  28-02-2017 21:26 via ibtimes.com
  
  Raspberry Pi has long been a favorite tool for techies to build all sorts of computer-powered projects. Tuesday brought theintroduction of a new version of the single-board computer that includes Wi-Fi and Bluetooth connectivity.
  While most computers come with massive towers—and price tags—the Raspberry Pi is entirely the opposite. It’s tiny and cheap, but still plenty powerful. The modules are commonly used by do-it-yourselfers and for educational projects.
  
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• Diversity At Apple: Minority Hiring Requirement Proposed At Apple Shareholders Meeting Shot Down

  28-02-2017 21:14 via ibtimes.com
  
  AnApple shareholders’ proposal which urged the company to implement an accelerated recruitment policy that would increase diversity at senior levels and its Board of Directors was shot down in a vote Tuesday.
  
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• ‘Outlander’ Star Caitriona Balfe Says Fans Ask Her This All The Time

  28-02-2017 21:12 via ibtimes.com
  
  “Outlander” fans are very passionate, and no one knows that better than star Caitriona Balfe. At the Oscar Wilde Awards in Los Angeles, the actress told reporters that audiences are always asking about what’s coming up next on the Starz drama.
  “They want to know everything about the show,” she laughed to Red Carpet Report. “They want all the spoilers, but of course, I can’t give them any.”
  
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• What To Give Up For Lent: Why You Should Choose Facebook, Social Media

  28-02-2017 21:08 via ibtimes.com
  
  Every year Ash Wednesday comes around kicking off the start of Lent, and every year you’re probably surprised when you Google it and find that it’s 40 days long (not including Sundays). Lent begins on Ash Wednesday and lasts until Holy Thursday (the Thursday before Good Friday and Easter), spanning all of March and a good portion of April.
  
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• Android 7.0 Nougat Download Is Here: T-Mobile Galaxy S7 Receives New OS; First Hand Update Review And Bug Check

  28-02-2017 21:00 via ibtimes.com
  
  The Samsung Galaxy S7 for T-Mobile is next in line to update to Android 7.0 Nougat. Reports of T-Mobile Galaxy S7 handsets updatingfirst surfaced Feb. 17; at the time it appeared only beta models were receiving the new software. However, IBTimes can confirm the update is now hitting general carrier models, as a notification hit our T-Mobile Galaxy S7 Edge over the weekend and we installed the update Monday.
  
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• French Election 2017 Polls, Odds: Will Marine Le Pen Hold Off Challenge Of Emmanuel Macron To Become France’s President?

  28-02-2017 20:54 via ibtimes.com
  
  Leader of the far-right political party National Front, Marine Le Pen, was the frontrunner for the first round of April’s French presidential election, but she was losing ground to independent candidate Emmanuel Macron. If, as currently seems likely, the vote were to go to a second round between the two, Macron would be a comfortable victor, according to latest opinion polls.
  
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• Bermuda fines Sun Life unit $1.5M for compliance gaps

  28-02-2017 20:51 via cbc.ca
  
  A division of Canadian financial conglomerate Sun Life has been fined $1.5 million and had its business licence restricted for failure to comply with Bermuda's regulations against money laundering and terrorist financing.
  
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• WWE Returns 2017: Kurt Angle, The Hardy Boyz Involved In Latest Rumors Before WrestleMania 33

  28-02-2017 20:50 via ibtimes.com
  
  There are often rumors about stars potentially returning to WWE during WrestleMania season, and this year is no different. Plenty of speculation is surrounding the futures of a few former WWE champions.
  
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• Nintendo Switch Launch Games: 'Blaster Master Zero' Release Date Announced

  28-02-2017 20:47 via ibtimes.com
  
  Gamers with an appreciation for older titles in the Nintendo catalog will likely appreciate the company’s latest announcement. Nintendo confirmed on Twitter TuesdayBlaster Master Zero will release for the upcoming Nintendo Switch and Nintendo 3DS March 9.
  
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• iPhone 8 Rumors: Augmented Reality Could Be On 10th Anniversary iPhone With 1K Engineers Working on AR, Report Says

  28-02-2017 20:43 via ibtimes.com
  
  Apple reportedly has 1,000 engineers working on augmented reality and could implement the technology in the upcoming iPhone 8 (iPhone X), a research note by analyst Steven Milunovich and his team at UBS obtained byBusiness Insider revealed.
  In the memo, Milunovich pointed out Apple CEO Tim Cook has repeatedly "broken the silence on future products with regards to AR," and included various comments Cook has made about AR in the past.
  
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• ‘Feud: Charles And Diana’: 13 Stars We’d Love To See Play The Royal Family In Season 2 Of Ryan Murphy’s FX Series

  28-02-2017 20:40 via ibtimes.com
  
  Ryan Murphy can do no wrong. With successful shows like “Glee” and “American Horror Story” on his resume, it’s clear that anything he touches turns to gold.
  Murphy is now working on a limited series called “Feud,” which premieres on FX March 5. Although the show isn’t out yet, the network seems pretty keen on it. On Tuesday, FX sent out a release announcing Season 2 of “Feud.”
  The second installment will focus on Prince Charles and Prin
  
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• Hate In America: Muslims Help Jewish Cemeteries After Vandals Strike In Philadelphia, Near St. Louis

  28-02-2017 20:38 via ibtimes.com
  
  Community groups have offered their support and solidarity to the Jewish community after two cemeteries, one in Philadelphia and one in St. Louis, were vandalized in the past week, with hundreds of headstones knocked over. The latest groups to reach out: two unions in Philadelphia.
  
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• VR Headsets Price: HTC Vive Financing Plans Now Available

  28-02-2017 20:29 via ibtimes.com
  
  Financing plans are usually found on major purchases like a car, but would you use one on a virtual reality headset? Several retailers are offering financing plans on the HTC Vive VR headset, according toUploadVR.
  AsUploadVR reports, JD.com will sell the Vive with 0 percent financing with either $138 payments over six months or $66.58 payments over 12 months. A longer two-year plan runs for $40.13 and has a 7.99 percent financing plan.
  
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• ‘Cash Me Outside’ Girl Danielle Bregoli Could Get Her Own Reality TV Show

  28-02-2017 20:27 via ibtimes.com
  
  Danielle Bregoli of “Cash Me Ousside” fame could have her very own reality television show soon. The Dr. Phil star-cum-internet-celebrity will be heading to Hollywood Wednesday to meet with show producers, TMZ reported Tuesday. 
  
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• What Is The AWS Outage? Amazon S3 Issue Takes Trello, Quora, IFTTT Down

  28-02-2017 20:12 via ibtimes.com
  
  UPDATE: 2:45 p.m. EST — More websites and apps were having issues or completely down Tuesday after Amazon Web Services experienced a problem with its hosting platform. 
  Popular audiobook service Audible described issues in the United Kingdom, and filesharing wasn't working in the messaging system Slack. Down entirely were digital library JSTOR, daily fantasy sports site DraftKings, biking app Strava and home improvement site Build Direct, among others.
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• DJ Khaled Buys $10 Million Beverly Hills Mansion From Robbie Williams

  28-02-2017 20:12 via ibtimes.com
  
  DJ Khaled is having one of his best year's yet.
  The hip-hop impresario and social media superstar, who is gearing up to release his tenth studio album titled "Grateful," just snagged a $9.9 million mansion in Beverly Hills. 
  The Miami native bought the seven-bedroom, 11-bathroom spread from British singer Robbie Williams! According to Trulia, the home was originally listed at $11 million. 
  
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• Was Obama A Good President? Trump Blames Barack For Wars, Economy, But Americans Don't Agree

  28-02-2017 20:04 via ibtimes.com
  
  The majority of U.S. citizens think former President Barack Obama did a good job, but that might not stop President Donald Trump from ripping into the work of his predecessor Tuesday evening in his first major speech in office.
  
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• Beyoncé Pregnancy Update: Singer Caresses Baby Bump In Several New Photos

  28-02-2017 19:57 via ibtimes.com
  
  Although people only saw glimpses of Beyoncé this past weekend at Oscar parties, it looks like the singer had a blast in between events, according to recent photos shared on her official website.
  On Tuesday the singer, who is pregnant with twins, posted several snapshots of private moments to her official site, which included moments of her cradling her growing baby bump.
  
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• Is Trump Good For Businesses? President Criticizes AT&T-Time Warner Deal As Bad For 'Competition In The Marketplace'

  28-02-2017 19:54 via ibtimes.com
  
  Providing some regulatory relief for AT&T Inc. and Time Warner Inc., Federal Communications Commission Chair Ajit Pai told the Wall Street Journal Monday that he would not review the two companies’ proposed $85.4 billion merger.
  
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• Confederate Flag: Georgia Couple Get 19 Years In Prison For Hate Crime,Threatening Black Family At Child's Birthday Party

  28-02-2017 19:51 via ibtimes.com
  
  A Georgia judge sentenced a couple to prison Monday for threatening a group of black people with weapons and the Confederate flag at a an 8-year-old child’s birthday party.
  Jose Torres, 26, and Kayla Norton, 25, were convicted earlier this month of aggravated assault, terroristic threats and street-gang terrorism for a July 2015 confrontation in Douglas County near Atlanta. The duo apparently drove up to a birthday party in trucks, waving the American, military and Confederate flags.&
  
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• March 2017 Scholarship Deadlines: 22 Applications Due This Month

  28-02-2017 19:45 via ibtimes.com
  
  With every month that passes, college admissions decisions draw closer — and the need to start saving tuition money becomes more urgent. Luckily, March is chock-full of scholarship deadlines that can help make your transition to college a little easier on your wallet.
  Pull up some instrumental music on Spotify, put your phone on "do not disturb" and open a Word document. It's time to earn some money.
  Here are 22 awards to apply for in March:
  
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• Who Is Ashley Moore? Justin Bieber Seen Getting Close With 23-Year-Old Model

  28-02-2017 19:42 via ibtimes.com
  
  If you’re looking to find out who Justin Bieber is dating, you may have to look no further than recent photos of him out for a hike.
  
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• Netflix Buffering: Reed Hastings Says Company Will Figure Out How To Stop Issue

  28-02-2017 19:37 via ibtimes.com
  
  Soon the days of waiting for Netflix to buffer will be gone, at least that’s what Netflix CEO Reed Hastings envisions for the streaming service.
  
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• Bernie Sanders Said Israel Must End '50 Year Occupation' Of Palestinian Land

  28-02-2017 19:36 via ibtimes.com
  
  Vermont Sen. Bernie Sanders called on Israel to end its decades-long occupation of Palestinian territories in a speech to a liberal Jewish organization in Washington on Monday.
  
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• Legal Marijuana: Jeff Sessions Says There's 'Real Violence' Surrounding Cannabis Industry

  28-02-2017 19:31 via ibtimes.com
  
  Despite the fact that more than half of voters across the U.S. are in support of recreational marijuana laws, Attorney General Jeff Sessions has no intentions to take it easy on states that are not enforcing federal laws.
  
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• iPhone 8 Rumors: USB-C To Replace Lightning Port, iPhone X Price Could Be $1,000

  28-02-2017 19:21 via ibtimes.com
  
  Apple’s iPhone generation this year will include a device that will reportedly come with a curved OLED display supplied by Samsung, could cost $1,000 and is likely to switch from a lightning port to a USB-C, aWall Street Journalreport said Tuesday.
  
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• What’s Next For ‘Nashville’ Star Connie Britton After Rayna’s Death?

  28-02-2017 19:19 via ibtimes.com
  
  Connie Britton has spent the better part of the last decade on TV. After starring roles in “Friday Night Lights,” “American Horror Story: Murder House” and “Nashville,” she’s ready for a well-deserved vacation. Of course, that’s after she works on a couple of movies.
  
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• Drug Price Reform 2017: Bernie Sanders, Cory Booker Battle Trump With Bill To Lower Skyrocketing Costs Of Medicine

  28-02-2017 19:19 via ibtimes.com
  
  Vermont Sen. Bernie Sanders and New Jersey Sen. Cory Booker introduced new legislation Tuesday that will effectively lower the price Americans pay for prescription drugs by providing citizens the ability to import low-cost alternatives from Canada. The bill was accompanied by a piece of companion legislation introduced in the House by Reps. Elijah E. Cumming, D-Md, and Lloyd Doggett, D-Tx.
  
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• U.S. Banks See Record Profits in 2016

  28-02-2017 19:14 via feeds.foxbusiness.com
  
  The U.S. banking industry booked record profits last year, according to regulatory data released on Tuesday, as lenders grew a stronger book of loans and fewer banks failed.
  
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• Private Prison Firms Gain as Trump Plans to Crack Down on Crime, Illegal Immigration

  28-02-2017 18:53 via feeds.foxbusiness.com
  
  President Donald Trump’s tough stance on fighting crime and illegal immigration has led to a spike in the share prices of the leading private prison companies.
  
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• Should Investors Wait Until After the IPO to Get in on Snapchat?

  28-02-2017 17:46 via feeds.foxbusiness.com
  
  When clients ask financial adviser Michael Busch about buying shares in Snap Inc.'s initial public offering this week, he warns them to consider it a speculative play.
  
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• New FCC Chair Vows 'Light-Touch' Approach to Regulation

  28-02-2017 17:34 via feeds.foxbusiness.com
  
  The new Republican head of the U.S. Federal Communications Commission promised "light-touch" regulation of areas such as the internet, a dramatic shift away from the Obama administration's approach to telecommunications oversight.
  
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• More than a third of millennial homeowners hit their parents up to pay costs: HSBC survey

  28-02-2017 16:48 via cbc.ca
  
  A global housing market survey released today by HSBC bank includes some eye-popping numbers about the buying habits of individuals between ages 18 and 35, including in Canada.
  
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• Honda Chases Silicon Valley With New Artificial-Intelligence Center

  28-02-2017 15:49 via feeds.foxbusiness.com
  
  Honda is creating a research arm focused on artificial intelligence.
  
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• U.S. Home Prices End 2016 On High Note, Case-Shiller Says

  28-02-2017 15:25 via feeds.foxbusiness.com
  
  Home prices grew at the fastest rate in 2.5 years in December, shrugging off higher interest rates to cap a year of robust growth.
  
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• BMO reports $1.49B of net income in 1st quarter, up 39%

  28-02-2017 13:28 via cbc.ca
  
  ​The Bank of Montreal had net income of $1.49 billion during its first quarter, up 39 per cent from a year ago, according to results posted early Tuesday.
  
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• Scotiabank profit rises 10% to $2.01B of net income

  28-02-2017 12:51 via cbc.ca
  
  ​Scotiabank had $2.01 billion of net income during the first quarter, up 10 per cent from the same period last year on strong results from its Canadian and international banking operations, according to results released early Tuesday.
  
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• Why Toronto's condo rental market is described as 'ridiculous'

  28-02-2017 11:00 via cbc.ca
  
  As part of our No Fixed Address series, we ask the experts to weigh in on Toronto’s increasingly tough rental market.
  
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• Why Toronto's condo rental market is being described as 'ridiculous'

  28-02-2017 11:00 via cbc.ca
  
  As part of our No Fixed Address series, we ask the experts to weigh in on Toronto’s increasingly tough rental market.
  
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• Trump speaks, and Wall Street listens for an economic plan

  28-02-2017 11:00 via cbc.ca
  
  Corporations and investors around the world will be tuned into U.S. President Donald Trump's prime-time address tonight, watching to see if the president plans to act on campaign pledges to lower corporate taxes, cut regulations and spend big-league on infrastructure and defence.
  
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• Business, labour brace for changes to Ontario's workplace laws

  28-02-2017 11:00 via cbc.ca
  
  Businesses in Ontario are spooked by the wide scope of possible changes to the province's labour and employment laws currently under consideration.
  
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