Business news

• Apple beats profit expectations, plans $100B US cash return boost

  01-05-2018 23:15 via cbc.ca
  Apple Inc. on Tuesday beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes.
  
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• Poloz says Canadians owe $2 trillion as central bank mulls next rate hike

  01-05-2018 22:12 via cbc.ca
  Bank of Canada governor Stephen Poloz says Canadians have amassed a $2-trillion mountain of household debt that is now casting a big shadow over the timing of his next interest rate hike.
  
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• Poloz says Canadian household debt of $2T demands cautious approach on rate hikes

  01-05-2018 22:12 via cbc.ca
  Bank of Canada governor Stephen Poloz says Canadians have amassed a $2-trillion mountain of household debt that is casting a big shadow over the timing of his next interest rate hike.
  
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• Facebook wants to get you a date

  01-05-2018 20:31 via cbc.ca
  Facebook Inc. plans to add a dating service, chief executive Mark Zuckerberg said on Tuesday, marking the first time the world's largest social media network has actively tried to help people form romantic relationships.
  
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• Vista Outdoor, U.S. firm dropped by MEC after school shooting, to exit gun manufacturing

  01-05-2018 20:22 via cbc.ca
  A U.S. outdoor gear company that was dropped by Canadian retailer MEC in the wake of the Marjorie Stoneman Douglas High School massacre plans to exit the gun manufacturing business.
  
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• Shopify reports Q1 loss, revenue up 68% from a year ago

  01-05-2018 18:04 via cbc.ca
  Shopify Inc. says it lost $15.9 million US in its latest quarter as its revenue grew 68 per cent compared with a year ago.
  
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• Blac Chyna Pregnant? 5 Facts About Star’s Boyfriend YBN Almighty Jay And Relationship

  01-05-2018 16:59 via ibtimes.com
  After more than a month of dating, Blac Chyna is reportedly pregnant by her boyfriend YBN Almighty Jay. The “Rob & Chyna” star first confirmed her romance with the upcoming rapper on March 1 after the two were spotted out on a date at Pinz Bowling Alley in Los Angeles.
  
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• Apple's Cross-Platform iOS, macOS Apps Feature Won't Arrive Until 2019

  01-05-2018 16:59 via ibtimes.com
  Apple is believed to be planning to bring iOS apps to macOS later this year, but it looks like the company's plans have changed. A new report claims that the new cross-platform feature for iOS and macOS apps won’t be happening until 2019.
  
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• Guitar legend Gibson seeks bankruptcy protection

  01-05-2018 16:53 via cbc.ca
  The maker of the Gibson guitar, omnipresent for decades on the rock `n' roll stage, is filing for bankruptcy protection after wrestling for years with debt.
  
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• 'We're in the money' — CEO caught on tape singing show tune after buying grocery chain from Walmart

  01-05-2018 16:43 via cbc.ca
  The CEO of British supermarket chain Sainsbury's has apologized after being caught on camera singing 'We're in the Money' following the takeover of Walmart's unit Asda.
  
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• Warriors vs. Pelicans Game 2: Prediction, Odds With Stephen Curry Likely Returning

  01-05-2018 16:28 via ibtimes.com
  The Golden State Warriors didn’t need their most important player to cruise to a Game 1 victory over the New Orleans Pelicans Saturday. With the teams set to face off again Tuesday night in Game 2, the defending champions are likely headed toward a commanding 2-0 series lead.
  Barring a setback, Stephen Curry should return to the court for Golden State. Head coach Steve Kerr has said he expects the point guard to be recovered from the Grade 2 MCL sprain that’s kept him out of action s
  
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• Encana production rises as Calgary company reports $151M in 1st-quarter profit

  01-05-2018 16:25 via cbc.ca
  The natural gas company, which keeps its books in U.S. dollars, says the profit amounted to 16 cents per diluted share for the three months ended March 31.
  
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• Hallmark Cashes In On Royal Wedding With Meghan Markle DVD

  01-05-2018 16:21 via ibtimes.com
  There are many things to look forward to this month, but one of the biggest occasions on everyone’s mind is Meghan Markle and Prince Harry’s May wedding. The event is clearly top of mind for Hallmark Channel, a company that Markle filmed two movies for, as they’ve just released a DVD collection tied to her wedding.
  
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• ‘DWTS’ 2018 Winner Predictions: Which ‘Athletes’ Pairs Will Make it to Finals?

  01-05-2018 16:14 via ibtimes.com
  The athletes have officially taken to the dance floor, and after a double elimination surprisingly saw Emma Slater and Johnny Damon, as well as Jamie Anderson and Artem Chigvintsev, sent home, there are four teams in particular who seem most poised to make it the final round of completion on “Dancing With the Stars: Athletes.”
  
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• Chris Evans Snubbed By Tony Awards After ‘Avengers’ Breaks Box Office Records

  01-05-2018 16:09 via ibtimes.com
  Neither Chris Evans nor his mustache received a Tony nomination. Evans made his Broadway debut earlier this spring in “Lobby Hero,” but despite being praised in reviews, the Captain America actor received no acknowledgement from the Broadway League and American Theater Wing.
  
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• Economy grew by 0.4% in February as oil sector expanded while real estate shrank

  01-05-2018 14:44 via cbc.ca
  Canada's gross domestic product grew by 0.4 per cent in February, as 15 of 20 sectors expanded, led by a rebound in oil and gas.
  
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• CIBC hikes mortgage rates, too

  01-05-2018 14:26 via cbc.ca
  The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points.
  
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• ‘LA to Vegas’ Season 1 Finale: Dave Plans To Propose To Patricia

  01-05-2018 13:57 via ibtimes.com
  Captain Dave wants to take his relationship with Patricia to the next level in tonight’s Season 1 finale of “LA to Vegas.”
  According to the synopsis for Season 1, episode 15 of the Fox comedy, Dave (Dylan McDermott) plans to propose to Patricia (Amy Landecker) against the wishes of her daughter Nichole (Olivia Macklin).
  
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• ‘The Flash’: Grant Gustin Talks Jessica Parker Kennedy’s Mystery Girl Character

  01-05-2018 13:54 via ibtimes.com
  Though “The Flash” star Grant Gustin has been privy to Jessica Parker Kennedy’s secret role since the beginning of Season 4 of theCW series, the mystery surrounding the yet-to-be-named character still keeps the show’s lead actor at the edge of his seat.
  
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• Meghan Markle, Female Royals Don’t Want To Become A Princess, Says Broadcaster

  01-05-2018 13:48 via ibtimes.com
  Jeremy Paxman, a broadcaster, recently opened up about the lives of female royals on ITV’s “The Royal Wives of Windsor.”
  The 67-year-old journalist said that contrary to popular belief, female members of the royal family do not really want to be princesses.
  “Every girl dreams of being a princess and actually I don’t think you want to become a princess if you can avoid it,” he said (via the Daily Mail).
  
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• Meghan Markle’s Mom Doria Ragland Visits Oprah Winfrey; Interview Underway?

  01-05-2018 13:23 via ibtimes.com
  Meghan Markle’s mom, Doria Ragland, is being rumored to have an interview with Oprah Winfrey.
  The yoga instructor was spotted visiting the talk show host at her home in California just three weeks ahead of the royal wedding. Six hours after going inside Winfrey’s $88 million “Promise Land” mansion in Santa Barbara, Markle’s mom stepped out of the property with a gift basket filled with Winfrey’s favorite items.
  As of late, it is still unclear whether or not Wi
  
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• Royal Commentator Shares Drastic Change In Meghan Markle’s Lifestyle Before Royal Wedding

  01-05-2018 13:06 via ibtimes.com
  Meghan Markle has gone through a drastic change even before her wedding to Prince Harry.
  Gyles Brandreth, a royal commentator, recently talked about the former actress on ITV’s “The Royal Wives of Windsor” special. He said that Markle is now required to have at least one police officer with her everywhere she goes.
  
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• How Ryan Seacrest's First Year On 'Live!' Has Gone 

  01-05-2018 13:00 via ibtimes.com
  It's been one year since Kelly Ripa announced her search for a "Live!" Co-host had ended after more than a year of various figureheads and celebrities filling in the role. Now, one year since Ryan Seacrest was announced as her official co-star, it's clear that it has been a little bit of a bumpy ride for the TV star.
  
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• HTC U12+ Leaked Photos Show Dual Front-Facing Cameras

  01-05-2018 12:40 via ibtimes.com
  HTC has yet to unveil its Android flagship phone for 2018, but it hasn’t stopped rumors and leaks to spread across the web. Hands-on photos of the HTC U12+ have leaked online recently, and it looks like the upcoming phone could feature dual front-facing cameras and a highly reflective material for its back.
  
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• How Prince Charles Helped Lady Frederick Windsor After Her Life-Threatening Car Accident

  01-05-2018 12:30 via ibtimes.com
  Lady Frederick Windsor recently shared some details about the life-threatening car accident she was involved in on Nov. 23, 2017.
  Lady Windsor, 37, who also goes by the name Sophie Winkleman, said that she was nearly paralyzed following the incident. At that time, the actress was driving away from the set of “Trust.”
  
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• Meghan Markle Criticized For Changing Prince Harry Before The Royal Wedding

  01-05-2018 12:01 via ibtimes.com
  Meghan Markle was recently criticized by Quentin Letts, a writer for the Daily Mail, for trying to change Prince Harry even before they tie the knot.
  
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• 2018 MacBook Air Mass Production Delayed, Won't Launch At WWDC

  01-05-2018 11:50 via ibtimes.com
  Apple is believed to be preparing a new version of the MacBook Air. Unfortunately, a new report claims production of the 2018 MacBook Air has been delayed and it might launch sometime before the end of the year.
  
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• When Will Prince Louis Make Second Appearance After His Royal Debut?

  01-05-2018 11:35 via ibtimes.com
  Royal fans may get to see Prince Louis again in the coming weeks.
  According to People, Kate Middleton and Prince William shared adorable photos of Prince George and Princess Charlotte just weeks after they were born in 2013 and 2015, respectively.
  On Aug. 19, 2013, the Duke and Duchess of Cambridge shared a snap of their adorable first-born with their family dog Lupo. Prince George was born on July 22. The photo was taken by Middleton’s dad.
  
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• WhatsApp Co-Founder Jan Koum Announces Departure From Facebook

  01-05-2018 11:35 via ibtimes.com
  WhatsApp co-founder and CEO Jan Koum has announced that he will be leaving and cutting ties with Facebook. According to reports, Koum is possibly quitting the company because of a disagreement over data sharing and encryption.
  
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• Travis Scott Now Prioritizing Kylie Jenner, Stormi Webster Over His Career

  01-05-2018 11:33 via ibtimes.com
  “Keeping Up With the Kardashians” star Kylie Jenner and her rapper boyfriend, Travis Scott, are in a really great place.
  “Kylie and Travis are doing well,” a source told People, just two days after the lip kit mogul rented out Six Flags Magic Mountain in Los Angeles to celebrate Scott’s 26th birthday.
  “They are a great family,” the source added. “Kylie is very in love with Travis. He is an amazing dad and loves spending time with their daughter. He
  
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• Meghan Markle May Wear White Wedding Dress, Makeup To Highlight Natural Beauty

  01-05-2018 11:31 via ibtimes.com
  Meghan Markle may wear a white wedding dress when she walks down the aisle next month.
  Royal fans are divided on whether Markle will wear a white dress or not on her big day. According to a historian, there is a chance that the "Suits" actress will wear one as the white gown is tradition.
  
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• Princess Diana Called Prince Charles This Word During Their Courtship

  01-05-2018 10:52 via ibtimes.com
  Princess Diana referred to Prince Charles as “sir” during the early days of their relationship.
  Royal biographer Andrew Morton shared the information during his interview on ITV’s “The Royal Wives of Windsor.” He also said that he cannot imagine Meghan Markle ever calling Prince Harry “sir.”
  
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• Kate Middleton's Wedding Dress Design Team Talks Gown's Intricate Details

  01-05-2018 10:51 via ibtimes.com
  Kate Middleton's wedding dress had more to it than meets the eye.
  The Duchess of Cambridge's gown when she walked down the aisle reportedly included intricate details that give a nod to all corners of the United Kingdom. The lace details of Middleton's wedding dress includes rose, thistle, daffodil and shamrock, which are national emblems of England, Wales, Scotland and Northern Ireland, Good Housekeeping reported.
  
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• Did Prince Harry, Meghan Markle Invite George, Amal Clooney To Their Wedding?

  01-05-2018 10:22 via ibtimes.com
  Prince Harry and Meghan Markle may have just invited George and Amal Clooney to their wedding on May 19.
  Miguel Lopez, a London-based hairstylist, dropped the hint about the Clooneys’ attendance at the royal nuptials. When asked if he knows who will style Markle’s hair on her special day, Lopez said that he can only confirm his role at the wedding. He will be the one responsible for styling Amal.
  
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• Kim Kardashian Unfollows Tristan Thompson On Social Media Following Comments About His Infidelity

  01-05-2018 10:21 via ibtimes.com
  Nobody messes with the Kardashians. This seems to be the message that “Keeping Up With the Kardashians” star Kim Kardashian West wants to let NBA star Tristan Thompson know after he was caught cheating on her sister, Khloe.
  
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• Cavaliers vs. Raptors Game 1: Start Time, TV Channel, Live Stream Info For 2018 NBA Playoffs

  01-05-2018 10:20 via ibtimes.com
  LeBron James will find himself back on the court just two days after carrying his team to a Game 7 victory. The Cleveland Cavaliers are set to visit the Toronto Raptors Tuesday night in Game 1 of their second-round playoff series.
  It took all James had for Cleveland to avoid a first-round upset at the hands of the Indiana Pacers. The NBA’s best player scored 45 points in 43 minutes Sunday afternoon at Quicken Loans Arena as Cleveland barely survived against the Eastern Conference&rsqu
  
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• Women in Canada are choosing farming careers but barriers persist

  01-05-2018 10:00 via cbc.ca
  A growing number of women are choosing careers in farming, but advocates say there is still work to be done to overcome stereotypes, keep land affordable and include women on agricultural boards.
  
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• Oilpatch leaders wait desperately to ship more crude by rail with pipelines maxed out

  01-05-2018 10:00 via cbc.ca
  With no capacity to spare on pipelines out of Alberta, oilpatch leaders are desperately waiting for when they'll be able to ship more crude on rail lines.
  
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• Oilpatch eager to ship more oil by rail as pipeline capacity at limit

  01-05-2018 10:00 via cbc.ca
  With no capacity to spare on pipelines out of Alberta, oilpatch leaders are desperately waiting for when they'll be able to ship more crude on rail lines.
  
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• Journalist Apologizes To Prince Harry In Documentary After Calling Meghan Markle 'Exotic'

  01-05-2018 08:59 via ibtimes.com
  Rachel Johnson is sorry for the comments she made against Prince Harry's fiancée, Meghan Markle.
  In ITV's "The Royal Wives" documentary, the journalist issued an apology to Prince Harry for describing the "Suits" actress as "exotic." Johnson admitted that she could have used a better word to describe Markle.
  
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• Meghan Markle, Prince Harry To Receive Fancy Wedding Present From The Queen

  01-05-2018 08:04 via ibtimes.com
  Queen Elizabeth II is expected to give an extravagant wedding gift to Prince Harry and Meghan Markle.
  The "Suits" actress and her fiancé encouraged their royal fans to give to the charities they support instead of send them presents on their wedding day. However, the queen is believed to be preparing a special present for the couple.
  
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• Meghan Markle Will Have 2 Bouquets To Avoid Repeating Queen Elizabeth's Mistake

  01-05-2018 08:03 via ibtimes.com
  Meghan Markle will not repeat the same mistake Queen Elizabeth II made during her own wedding.
  The "Suits" star will reportedly have two bouquets at her nuptials with Prince Harry. According to ITV's "Invitation to a Royal Wedding" documentary, this has been practiced after Harry's grandmother made a miscalculation on her big day.
  
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• Tom Brokaw Supported By NBC Employees Due To ‘Unpoken Threat’: Report

  01-05-2018 07:40 via ibtimes.com
  Days after dozens of NBC employees showed their support for the network’s host Tom Brokaw, who was accused of sexual misconduct by two women, a report claimed his supporters had no other choice but to sign the letter of support.
  
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• ‘Fear The Walking Dead’: Frank Dillane Talks Decision To Leave The Series

  01-05-2018 07:06 via ibtimes.com
  Last Sunday’s episode of “Fear the Walking Dead” saw the shocking death of Nick Clark. While Nick’s demise is still fresh on the minds of fans as well as characters inhabiting the world of the AMC series, Dillane seems to have long since moved on, as he had actually approached the network and the show’s producers back in Season 3, asking to exit the zombie drama.
  
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• WhatsApp co-founder to quit in loss of privacy advocate at Facebook

  01-05-2018 00:19 via cbc.ca
  The co-founder of WhatsApp, a messaging service owned by Facebook Inc. with more than 1 billion daily users, said on Monday he was leaving the company, in a loss of one of the strongest advocates for privacy inside Facebook.
  
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