Archive For The “Business” Category

Shopify Inc (US) (SHOP) Hit All-Time High

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The biggest institutional shareholders in Shopify Inc. include Fidelity Management and Research Company which owns 9 million shares in the company valued at $630.34 million.Shares of Shopify (SHOP) traded down 0.66% during mid-day trading on Monday, reaching $92.37. This is an increase of approximately 384% compared to the typical volume of 1,344 put options. When…

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B.C. foreign buyers tax and other measures under review, minister says

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VANCOUVER—The British Columbia government is reviewing the foreign buyers’ tax in the Vancouver area and the interest-free loan program to first-time homebuyers to determine whether they have helped improve affordability, the province’s new housing minister says.In an interview Monday, Selina Robinson said she and provincial Finance Minister Carole James will go over real estate transaction…

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Make sure your retirement savings last as long as you do

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Make sure your retirement savings last as long as you do

Target date mutual funds have become the answer to a problem many retirement savers face in a world that has shifted the burden of managing retirement assets from corporations to workers who don’t always have the time or knowledge to be effective money managers.The financial services industry came to the rescue by providing a simple…

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How to turn your I want into an I got: Vaz-Oxlade

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I think one of the biggest problems people have when it comes to their money is figuring out what to do with it. Yes, there are the bills to be paid. And for some people the routine bills eat all the money. But many others have disposable income that disappears every month, even as they…

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Why millennials should plan for retirement

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Why millennials should plan for retirement

The last thing many young people want to do with their paycheques is sacrifice part of them for a retirement account, even though tiny contributions made at an early age are all but guaranteed to multiply many times as the years go by.“If they’re saving for anything, it might be a trip or some short-term…

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ETFs may make safe haven of bonds riskier

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Bonds have always appealed to conservative investors looking for a safe place to park money while receiving a steady and predictable return.Yet a growing number of investors are steering away from buying individual bonds because of the research required and the high cost of diversifying a portfolio. Instead, they are putting their money in bond…

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HSBC announces $2 billion share buyback for second half 2017

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HSBC announces $2 billion share buyback for second half 2017

“In the past 12 months we have paid more in dividends than any other European or American bank and returned $3.5 billion to shareholders through share buy-backs”, HSBC’s chief executive Stuart Gulliver said.For the first half, HSBC’s net profit was $7.0 billion, up 10% from $6.36 billion a year earlier.The Asia-focused giant has been on…

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Retailers increasingly cash-free to speed up service, free up staff

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Retailers increasingly cash-free to speed up service, free up staff

VANCOUVER—Over the next year and a half, Alan Bekerman plans to grow his healthy fast-food chain Iq Food Co. from five to up to 11 locations and not a single one will accept cash.“It was one less thing that we had to think about, which is a huge benefit,” says Bekerman, who tested the idea…

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Court orders FAA to review airline seat sizes and legroom space

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Court orders FAA to review airline seat sizes and legroom space

In “The Case of the Incredible Shrinking Airline Seat”, a federal appeals court has ordered the Federal Aviation Administration to review smaller seat sizes on US flights. Writing for the majority of a three-judge panel, Judge Patricia Millet called it the “mysterious case of the shrinking airline seat” and said passengers are entitled to demand…

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Golf for millennials: fast, fun and boozy

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Golf for millennials: fast, fun and boozy

On Friday nights, millennials are flocking to a driving range to play a sport that experts say they have little interest in.Some even say the sport is dying, citing the lagging sales of golf equipment and apparel and steep decline in television ratings. In April, the final round of The Masters drew its lowest ratings…

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