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Wednesday’s small-cap stocks to watch
Loretta Darfour (R) checks items against an order as Kaz Palmer, both associates at Goodfood prepares On Demand meal kits on Jan 5, 2022. Fred Lum/The Globe and Mail. Founded in Montreal in 2014, the company now has fulfillment centres across the country and several On Demand fulfilment centres where meal kits are delivered in an hour. “Last January during the lockdown we saw a 25% increase in customer sign ups on our meal kit business. This year, our numbers are just coming in, but specific to our on demand grocery delivery in Toronto & Montreal we are seeing a 50% increase in order volume week over week right now and expect that to go up while people continue to stay home.
U.S. inflation hits new 40-year high in June as gas, food prices surge
A motorist fills up a vehicle at a Shell gas station Monday, July 4, 2022, in Commerce City, Colo. (AP Photo/David Zalubowski)
Wildfires scorch parts of Europe amid extreme heat wave
A videojournalist watches a wildfire in Ourem, Santarem district, Portugal July 12, 2022. REUTERS/Rodrigo Antunes
Tokyo court orders four ex-Tepco executives to pay $95-billion in damages over Fukushima disaster
This aerial photo shows the Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, north of Tokyo, on March 17, 2022. A Tokyo court on Wednesday, July 13, 2022. ordered four former executives at the utility behind the tsunami wrecked Fukushima nuclear power plant to pay 13 trillion yen ($94 billion) to the company, holding them liable for the 2011 meltdown crisis. (Shohei Miyano/Kyodo News via AP)
Real estate brokerage Royal LePage cuts Canadian home price forecast for 2022
A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
Sentiment in housing market ‘crumbling’: BMO economist
A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. June sales of Toronto homes fell by 41 per cent since the same month last year as higher borrowing costs weighed on the market, the region’s real estate board said Wednesday. THE CANADIAN PRESS/Evan Buhler
Curators at Israeli museum find sketches hidden in Modigliani painting
Inna Berkowits, an art historian at the Haifa University's Hecht Museum, holds her mobile phone with an image of an x-ray of Amedeo Modigliani's painting "Nude with a Hat" in Haifa, Israel, June 28, 2022. Curators at the museum using x-ray technology have discovered three previously unknown sketches by the celebrated 20th century artist hiding beneath the surface of the painting. (AP Photo/Ariel Schalit)
Why a French plan to fully nationalize electricity giant EDF is no cure-all
FILE PHOTO: View of the company logo of Electricite de France (EDF) on the facade of EDF's headquarters in Paris, France, July 7, 2022. REUTERS/Johanna Geron/File Photo
Delta Air Lines shares fall as higher costs hit second-quarter profit
FILE - Delta Air Lines plane leaves the gate, July 12, 2021, at Logan International Airport in Boston. Delta Air Lines is boosting its outlook for second-quarter revenue because it expects phenomenal demand for travel this summer. The airline said Wednesday, June 1, 2022 that it expects second-quarter adjusted revenue will be back to pre-pandemic 2019 levels, and revenue per seat will be higher than originally expected. (AP Photo/Michael Dwyer, file)
The James Webb Space Telescope images show us the beauty and power of science
This image released by NASA on Tuesday, July 12, 2022, shows the edge of a nearby, young, star-forming region NGC 3324, in the Carina Nebula. Captured in infrared light by the Near-Infrared Camera (NIRCam) on the James Webb Space Telescope, this image reveals previously obscured areas of star birth, according to NASA. THE CANADIAN PRESS /AP-NASA, ESA, CSA, and STScI via AP
Real estate downturn sparks buyers’ remorse
A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. June sales of Toronto homes fell by 41 per cent since the same month last year as higher borrowing costs weighed on the market, the region’s real estate board said Wednesday. THE CANADIAN PRESS/Evan Buhler
If the premiers want more money, they’ll also have to take more responsibility
Andrew Coyne
Germany sets climate emergency plans in transport, construction sectors after missing emission targets
Cars and trucks drive on a highway on the outskirts of Frankfurt, Germany, Saturday, July 2, 2022. (AP Photo/Michael Probst)
Pope Francis names three women to Vatican office that vets bishop nominations
Pope Francis leads Angelus prayer from his window, at the Vatican, June 29, 2022. Vatican Media/­Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY.
Alphabet to slow pace of hiring in second half of 2022 as economy sputters
FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
Rising prices curb U.S. consumers’ taste for chocolate
FILE PHOTO: An employee shows a Hershey's chocolate bar made in USA in the "American lifestyle" store in Berlin, Germany, August 13, 2018. REUTERS/Fabrizio Bensch/File Photo GLOBAL BUSINESS WEEK AHEAD
Scandinavian airline SAS, pilot unions resume talks as crippling strike enters 10th day
FILE - SAS planes are grounded at Oslo Gardermoen airport during pilots strikes, in Oslo, Friday, April 26, 2019. SAS has filed for bankruptcy in the United States, warning the announcement of a strike by 1,000 pilots a day earlier had put the future of the carrier at risk which added to the travel chaos across Europe as the summer vacation period begins. The group said Tuesday, July 5, 2022 it had “voluntarily filed for chapter 11 in the U.S.," and said its operations and flight schedule will be unaffected. (Ole Berg-Rusten/NTB Scanpix via AP, File)
Wednesday’s analyst upgrades and downgrades
TD bank signs seen behind the window of a branch in Toronto’s Financial District are photographed on July 12, 2022. Fred Lum/The Globe and Mail.
Canadian food suppliers signal more price hikes coming to grocery stores this fall
People shop for milk at a grocery store in Toronto, on Wednesday, December 8, 2021. (Christopher Katsarov/The Globe and Mail)
China’s exports bounce back in June, but global risks darken trade outlook
A truck transports containers at a port in Qingdao, in China's eastern Shandong province on July 13, 2022. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)
Airbus in talks to sell more A220 jets to Delta Air Lines, sources say
FILE PHOTO: Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly
Ukraine sees progress in grain exports deadlock at four-way talks in Istanbul
A worker loads a truck with grain at a terminal during barley harvesting in Odesa region, as Russia's attack on Ukraine continues, Ukraine June 23, 2022. REUTERS/Igor Tkachenko
Poet Al Purdy is having a posthumous moment
Sept. 8, 1978. Poet Al Purdy at home in Prince Edward County. Photo by Dennis Robinson / The Globe and Mail
Cost-of-living crisis to hit women hardest, WEF report says
A sign of the World Economic Forum (WEF) is seen at the Congress centre during the WEF's annual meeting in Davos on May 23, 2022. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Global oil market ‘walking a tightrope’ due to economic, supply risks: IEA
FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann
Oil mixed after U.S. stock build, big inflation figure
FILE - Pumpjacks work in a field near Lovington, N.M. April 24, 2015. A United Nation-backed panel plans to release a highly anticipated scientific report on Monday, April 4, 2022, on international efforts to curb climate change before global temperatures reach dangerous levels. (AP Photo/Charlie Riedel, File)
Morning Update: Ottawa’s deal to allow repair of Russian-owned turbines covers longer period than previously disclosed
Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke
Have the movies run out of stories to tell about 50-plus women?
Johanna Schneller
The close: Stocks fall as hot U.S. inflation, Canadian rate hike surprise, fuel recession worries
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 24, 2016.
RCMP pauses billing to local governments, provinces as salaries soar
Members of the RCMP control the scene near Miramichi, N.B., on Saturday, June 13, 2020. THE CANADIAN PRESS/Ron Ward
Another COVID-19 wave is here – if only we could do something about it. (Hint: We can)
People leave a mass vaccination and testing clinic at the Moncton Coliseum, in Moncton, N.B., on Wednesday, Sept. 22, 2021. Health officials in New Brunswick are reporting four COVID-19-related deaths last week and are lowering the age of eligibility for the second COVID-19 booster shot to 18. THE CANADIAN PRESS/Christopher Katsarov
Rental scams poised to increase this summer as fake online listings climb, real estate experts warn
Ellen Choi lost about $3,000 to an alleged scam when she pre-paid two months rent for a listing created by Ms. Hui on social media featuring this Toronto apartment building. Fred Lum/The Globe and Mail.
Worst Italian drought in 70 years and extreme heat trigger state of emergency, drop crop yields
Giampiero De Paoli, 85, stands in front of a maize field outside of his farm in Zelo Surrigone, some 30 kilometers south of Milan in northern Italy, Tuesday, July 12, 2022. Italy's drought has dried up rivers crucial for irrigation threatening some 3 billion euros ($3.1 billion) in agriculture, according to Italian farm lobby Coldiretti. Italy's confederation of agricultural producers, Copagri, estimates the loss of 30%-40% of the seasonal harvest. (AP Photo/Luca Bruno)
What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2022. REUTERS/Brendan McDermid
Sri Lankan president flees as protesters demand PM’s ouster, country declares state of emergency
COLOMBO, SRI LANKA - JULY 13: Protestors wave flags and chant slogans after taking control of the Prime Ministers office compound during a protest seeking the ouster of Sri Lanka's Prime Minister Ranil Wickremesinghe amidst the ongoing economic crisis on July 13, 2022 in Colombo, Sri Lanka. (Photo by Abhishek Chinnappa/Getty Images)
Three solutions for airport chaos from a former airline exec
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
Start small and be honest: How to ease into a four-day workweek (and avoid the pitfalls)
Shot of two creative colleagues brainstorming their latest project together in the office
U.S. recall for 89-cent car part should be offered in Canada
A damaged Hyundai couple that Lou Trottier is replacing is a part that costs 89 cents and is under a defect recall in the U.S., but not Canada.
Direct indexing offers portfolio customization but cost is part of why it hasn’t taken off in Canada
Business woman with ESG environment green business concept, hand holding mobile gear virtual reality of environment social governance concept.
What to know before agreeing to be an executor of a will
A ballpoint pen and a mobile phone rest on top of a last will and testament document that is part of the estate planning process. This image is photographed using a very shallow depth of field.ISTOCK
July 13: ‘Just use my phone, I’m on Bell.’ How Canadians handled the Rogers outage, plus other letters to the editor
Telecommunications company Rogers Communications signage is pictured in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick
Asian markets rise ahead of U.S. inflation data
A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Monday, June 20, 2022. Asian markets were mostly lower in cautious trading Monday ahead of a federal holiday in the U.S. (AP Photo/Kin Cheung)
U.S. destroyer sails near disputed South China Sea islands, China says it ‘drove’ ship away
Arleigh Burke-class guided-missile destroyer USS Benfold (DDG 65), forward-deployed to the U.S. 7th Fleet area of operations, conducts underway operations in the South China Sea, in this handout picture released on July 13, 2022. U.S. Navy/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY
Surging gas prices likely drove U.S. inflation to 40-year high
Gas prices are displayed at a filling station in Philadelphia, Tuesday, July 12, 2022. On Wednesday, July 13, 2022, the Labor Department will report on U.S. consumer prices for June. (AP Photo/Matt Rourke)
Your daily horoscope: July 13
Cancer.
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