News: Money

Why Mark Cuban owns just a few stocks and a whole lot of cash

Tuesday  01:26,   14 august 2018
cnbc

Mark Cuban owns just a handful of stocks and 'a whole lot of cash' because he's worried about the stock market."I'm down to maybe four dividend-owning stocks, two shorts, and Amazon and Netflix. I've got a whole lot of cash on the[...]
News / Money

Netflix CFO to step down after replacement found

Monday  22:40,   13 august 2018
cbsnews

Transition at streaming service comes amid intensifying competition from companies including Amazon.comWells, 47, will help pick his successor and stay with the company until his replacement takes over, Netflix said Monday in a statement. Wells, who [...]

No, Ontario's minimum wage hike didn't kill jobs. Here's the proof.

Monday  20:06,   13 august 2018
huffingtonpost.ca

Many experts predicted that Ontario's hefty minimum wage hike to $14 an hour at the start of this year would harm the province's job creation. TD Bank issued a study suggesting the move could cost the province some 90,000 jobs. Industry[...]

Warren Buffett's investing continues to evolve even at 87

Monday  18:56,   13 august 2018
msn

Warren Buffett is still finding new places to invest decades after he started, even though his basic approach of finding businesses selling for less than they are worth hasn't changed much. Buffett resisted investing in tech companies[...]

Canadian dollar steadies near three-week low amid Turkish lira fallout

Monday  17:46,   13 august 2018
reuters

Canadian dollar steadies near three-week low amid Turkish lira falloutLoad[...]

Markets right now: U.S. stock indexes open slightly higher

Monday  17:28,   13 august 2018
msn

Markets right now: U.S. stock indexes open slightly higher9:35[...]

A random person has the chance to win a McDonald's Gold Card and a lifetime of free fast food. Here's the real story behind the mythic card in Bill Gates' and Warren Buffett's wallets

Monday  10:50,   13 august 2018
msn

McDonald's is giving away a "McGold Card," granting free fast food for the rest of the holder's life.McDonald's is allowing a random person to join a club that counts Mitt Romney, Warren Buffett, and Bill Gates as its members:[...]

This Is the Best Strategy to Rearrange Your TFSA for the Bear Market to Come

Monday  10:25,   13 august 2018
fool

After an excellent run with growth stocks such as Amazon.com, Inc. (NASDAQ:AMZN) in your TFSA, sell those shares and buy Canadian dividend stocks in their place.Load[...]

Why boycotting Canadian wheat is likely to backfire for Saudi Arabia

Monday  09:30,   13 august 2018
cbc.ca

The sudden diplomatic dispute between Saudi Arabia and Canada took a lot of unexpected twists and turns this week, but perhaps none was more head-scratching than the kingdom's threat to stop buying Canadian wheat. Because they don't buy much as[...]

With $2.89-million net worth, this B.C. couple should be wealthy — but they have a cash flow problem

Monday  09:19,   13 august 2018
financialpost

Solutions include opening TFSAs and cutting back spending on $417 a month for hobbies and golf, $350 for restaurants and $333 for house cleaningSolution: Use cash to pay down line of credit then use hefty GIC and savings accounts for[...]

Late paycheques draw ire of Cape Breton call centre workers

Monday  09:06,   13 august 2018
cbc.ca

Employees at a call centre in Sydney were up in arms on Friday after paycheques were late for the third time in a row. More than a dozen workers milled around outside the Servicom building, checking their phones to see if their pay had gone[...]

Trump backs boycott of Harley Davidson in steel tariff dispute

Sunday  22:05,   12 august 2018
reuters

By Ginger[...]

Growing marijuana 101: How your pot is being produced ahead of legalization

Sunday  14:55,   12 august 2018
globalnews.ca

It all starts from a mom plant, which is 'cloned' more than 600 times before it retires. Once the clones are in soil pods, the leaves are trimmed to ensure all water and nutrients go directly to the root. It is then placed under a dome and[...]

Hamilton residents trek to Ottawa to protest rent increase

Sunday  13:31,   12 august 2018
cbc.ca

Residents of a property in Hamilton embroiled in a disagreement with their landlord trekked to Ottawa to protest outside the rental company's main office and purported home of the company's president.Between 80 and 100 tenants of Stoney[...]

LCBO chair to step down at end of the month

Sunday  12:00,   12 august 2018
msn

LCBO chair to step down at end of the monthIn a news release issued Friday evening, Finance Minister Vic Fedeli says Ed Clark will resign his post at the Crown corporation on Aug.[...]