Finance

United Airlines says Boeing to compensate for damages caused by MAX 9 grounding

(Reuters) -United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesday. U.S. regulators had in January grounded some Boeing 737 MAX 9 aircraft for about three weeks for safety checks after a cabin panel blowout on an Alaska Airlines-operated MAX 9 jet. The incident

Oil falls over $1 as demand worries outweigh Middle East supply risks

By Laura Sanicola (Reuters) -Oil prices slipped more than $1 on Wednesday as U.S. commercial inventories rose, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand. Brent futures for June were down $1.01, or 1.32, to $89.01 a barrel at 11:19 a.m. EST (1619 GMT), while U.S. crude futures for May were down 88 cents, or 1%, at $84.48 a

Rise & fall of the bargain-priced roadster

Going topless used to be cheap and often cheerful. We trace the history of the boom and the bust

Business Report: GTA gas prices set to soar

Gas prices are set to soar across the Toronto area. Plus, Boeing faces more safety allegations, and a Barbie-themed ketchup adds a splash of pink to hot dogs and hamburgers. Ari Rabinovitch has the day's top business stories.

Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut

BEIT MERI, Lebanon (AP) — Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. The killing of Mohammad Srour, 57, who was sanctioned by the U.S., wa...

Capital gains are going to be taxed more, and these economists say it's a good thing

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which ref...

Big gas price spike coming

As stockpiles of winter gas are depleted, expect to feel some pain at the pump with a large double-digit spike expected overnight. David Zura explains.

Live Nation could face lawsuit from U.S. Justice Department

The U.S. Justice Department will reportedly file an anti-trust lawsuit against entertainment giant, Live Nation. Erica Natividad with the details and how the outcome could impact Canada.

Business Matters: Federal budget 2024 brings changes to banking fees

The Liberals' 2024 federal budget includes several measures affecting the banking sector, such as cracking down on junk fees and working toward a framework for open banking. Kyle Benning has the details in Business Matters for Tuesday, April 17, 2024.

Her landlord sold her apartment. Her new unit is the same size — and $700 more a month

CBC News asked renters in Toronto's Liberty Village what they think of renting in Canada's biggest city.

How the 1949 Ford saved the company

As Ford gears up for a huge launch of its all-electric F-150 Lightning, we turn the clock back over 70 years to a car that saved the company

Who's behind Ontario's above guideline rent increases

A CBC data analysis looks into which corporate landlords applied most often to raise rents above provincial rent control guidelines in 2022.

A nurse, a teacher, a grandfather: These are the New Yorkers who hold Trump’s fate in their hands

A nurse, a teacher, a grandfather: These are the New Yorkers who hold Trump’s fate in their hands - Three women and four men have so far been tasked with hearing the first-ever criminal case against a US president

Gun supervisor for Alec Baldwin ‘Rust’ movie gets 18 months in prison

Movie armorer Hannah Gutierrez-Reed was sentenced to 18 months in prison in the fatal shooting of a cinematographer by Alec Baldwin on the set of the Western film “Rust,” at a sentencing hearing Monday in a New Mexico state court. (April 15)

How to Build a Passive Income Portfolio Starting With Just $6,500

Looking to build a passive income portfolio? There's no shortage of great options on the market, including these three stellar picks. The post How to Build a Passive Income Portfolio Starting With Just $6,500 appeared first on The Motley Fool Canada.

William Gallas names the two Manchester United stars Chelsea should sign this summer

These would represent two very controversial signings.

Why Vancouver’s food culture is changing — and restaurants are struggling to stay open

Food and wine columnist Shiva Reddy delves into why so many Vancouver restaurants have closed in recent months, citing the struggle to cover expenses amid declining foot traffic, rising debts and changing consumer habits as factors.

Top 6 US industries where you can earn the most money

25 Wardrobe Must-Haves, According To Shopbop’s Fashion Director

.disclaimerwidth:90%;margin-bottom:1rem.disclaimer__lineswidth:100%;margin:0 auto;border-bottom:1px solid #999;padding:0;max-width:150px.disclaimer__copywidth:100%;max-width:355px;font-family:Brown Regular,sans-serif;font-size:.9rem;font-weight:300;line-height:1.3em;color:#333;padding:0 0 .4rem;margin:1rem auto;text-align:center All linked products are independently selected by our editors. If you purchase any of these products, we may earn a...

Winnipeg business says garbage collector staged photo of overflowing bin, leading to extra charge

A Winnipeg man is accusing a waste collection company of deliberately messing with his bin and charging him for having overflowing garbage.

Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now

These two growth stocks could outperform over the next three years. The post Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now appeared first on The Motley Fool Canada.

Canada tax season: What to know about fiscal changes in 2024

Personal finance expert Rubina Ahmed-Haq as we navigate the changes in the tax landscape for 2024. From adjusted income tax brackets to increased tax-free savings account contributions, Rubina explains how the changes will impact your family's bottom line.

How a group of strangers found homes together in one of Canada's priciest municipalities

Splitting mortgages via co-ownership is one way some British Columbians are achieving dreams of home ownership as real estate prices reach record highs.

Average net worth of Americans by age — see how you compare

PS5 Slim price cut to under £430 at Amazon and Very

Sony's PS5 Slim console has once again received a price cut, with new offers on the disc and digital versions.

Federal budget gets mixed reaction in Alberta

The federal government has tabled its budget and as Adam MacVicar reports, reaction is mixed by both provincial and municipal leaders.

Over $60 bln and ATACMS: What Ukraine will get from US under Johnson's plan

The Speaker of the House of Representatives, Mike Johnson, has published the text of an initiative regarding funding assistance to Ukraine, which could be approved as soon as this Saturday. RBC-Ukraine reports on what exactly is included in the Speaker's initiative. Amount of assistance The document specifies that the total amount of assistance is ...

How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000

Income-seeking Canadian investors can consider holding shares of REIT such as Dream Industrial to create a passive-income stream. The post How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000 appeared first on The Motley Fool Canada.

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt - From multimillion-dollar properties to luxury watches (and a replica signed Joe DiMaggio shirt), the former New York mayor and Trump attorney may have to part with some cherished items to pay his creditors, writes Kelly Rissman

World's most expensive house goes on sale for eye-watering sum

Got that kind of cash?

Average US annual salary by age revealed – see how you compare

Patients are paying for surgeries covered by the province

Health-care advocates say patients are unnecessarily paying thousands to private medical clinics for procedures covered by the province, such as cataract surgery. They say many patients are falling for doctors engaging in 'predatory upselling' of services.

As a first-time homebuyer, how much money do you really need for closing costs?

Buying a home comes down to more than just the downpayment and the mortgage costs. Here's what to know about closing fees and and rebates available to first-time homebuyers.

Restaurants feeling financial pinch as industry sees drop in employment

A Vancouver restaurant is feeling the financial pinch as the industry shed over 26,000 jobs in March. Grace Ke reports.

Denmark allocates 295 million euros in aid to Ukraine

The Danish government has decided to allocate 200 million Danish kroner for investments in the Ukrainian defense industry, according to the Danish Ministry of Defense. In addition, funds have been allocated for the creation of significant maritime capabilities, drones, and the production of missile components. A total of about 2.2 billion Danish kr...

How to Earn Big TFSA Income to Set Yourself Up for Retirement

With the right moves, a TFSA can bring in incredible income for retirement -- or even in just the next three years! The post How to Earn Big TFSA Income to Set Yourself Up for Retirement appeared first on The Motley Fool Canada.

Elon Musk hints new users will be charged for posting on X

Tech industry warns budget's capital gains proposals could cause 'irreparable harm'

TORONTO — The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause of "irreparable harm." The sector is disappointed that the Liberal government's budget tabled Tuesday includes a proposed increase to the proportion of...

Winnipegger denied flight refund even though he bought cancellation insurance

Allianz Global Assistance says disaster at a pre-booked accommodation is not a covered reason under the policy.

3 Lesser-Known Reasons to Claim CPP Benefits Early

While waiting until 70 certainly has many benefits, there are some Canadians who cannot afford to wait, or have reasons to take out CPP benefits now. The post 3 Lesser-Known Reasons to Claim CPP Benefits Early appeared first on The Motley Fool Canada.

Tax filing is open: Here are the changes to know about in 2024

There are changes you need to know about as the 2023 tax season opens. Breanna Karstens-Smith looks at how you can save money or where you might lose money.

A Week In California On A $190,000 Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. This week: a software engineer who makes $190,000 per year and spends some of her money this week on an Apple Watch leather strap. Occupation: Software engineerIndustry: ITAge: 24Location: CaliforniaSalary: $190,000Assets: HYSA:...

Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell than when it was first approved in 2018. The Austin, ...

Is my passport still valid? New rules and prices around soon-to-be expired ID

Double check your passport before you book.

How to protect yourself from fraud

Technology has made a significant impact on how prolific and sophisticated scam attempts have become. Erica Natividad speaks to an expert on how to avoid becoming a victim.

How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!)

There are legal ways to bring down your taxable income and put that extra cash towards your future. Plus, create passive income for life! The post How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!) appeared first on The Motley Fool Canada.

If you're retired or about to retire, think carefully about your tax strategy

NEW YORK (AP) — Coming up with the best tax strategy in retirement can be much trickier than it seems, and tax pros agree it's a time when people need to be especially careful to look at their entire financial picture before deciding on a things like 401(k) withdrawal amounts and timing, or when to begin taking Social Security. “It’s the biggest ch...

'I'm well on the road to recovery': Jon Bon Jovi on his voice after throat surgery and 'joyous' new album

Rockers Jon Bon Jovi, Tico Torres and David Bryan hit the red carpet in London for the premiere of their new documentary, “Thank You, Goodnight: The Bon Jovi Story,” which chronicles the band’s 40-year career and uncertain future: the frontman suffered an atrophied vocal cord and had an operation two years ago. (April 17)

Ukraine Business Roundup — Business & War

Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide blackouts and highlighted Ukraine’s urgent need for more air defense to protect its critical infrastructure. The Kremlin launched over 80 missiles and drones against the country in the early hours of April 11, targeting thermal powe...

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.