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Lightspeed cuts 10% of jobs, announces stock buyback in bid to revive flagging shares
Dax Dasilva, founder and CEO of Lightspeed poses in their offices, in Montreal, Quebec, July 20, 2021. (Christinne Muschi /The Globe and Mail)
Stable interest rates have boosted my High-Yield Portfolio beyond expectations, rising over 8% annually
Gordon Pape
U.S. services sector cooling; input price increase slows considerably
A customer pays for their food at the drive-thru of a fast-food restaurant in Los Angeles on Monday, April 1, 2024. Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already known for its high cost of living. (AP Photo/Damian Dovarganes)
Hedge funds rally in Q1, powered by gains in equities
People walk past the New York Stock Exchange during afternoon trading on April 2.
Indigo agrees to go private after sale to holding company
An Indigo bookstore is seen Wednesday, November 4, 2020 in Laval, Que. Indigo Books and Music Inc. says it has agreed to be taken private. THE CANADIAN PRESS/Ryan Remiorz
OPEC+ keeps output policy steady as oil nears $90 a barrel
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. According to state news agency Angop, the African nation’s oil minister said Thursday that Angola “does not gain anything by remaining in the organization.” (AP Photo/Lisa Leutner, File)
Shareholder advisors support BP board’s handling of former CEO Bernard Looney’s dismissal
FILE PHOTO: Bernard Looney, BP Chief Executive, speaks during a session at Egypt's 5th Petroleum Show "EGYPS 2022" in the capital city of Cairo, Egypt, February 14, 2022. REUTERS/Amr Abdallah Dalsh/File Photo
Management pleas to return to the office falling on deaf ears
Shadows create patterns on the steps as pedestrians walk up Bay St. past the Commerce Court in Toronto’s Financial District on June 13, 2023.
Porsche’s updated Taycan is the finest electric sports sedan on sale
The new Taycan is more efficient with up to 34-per-cent more range.
For real estate preconstruction buyers, a hard truth
Townhomes by U.C. Towns continue to undergo mid-development stages on Thoroughbred St, North Oshawa, on July 10 2023.
Abortion access in the U.S. is set for a win. But nothing can really stop abortions
FILE - Protesters hold signs as Barbara DeVane, of the Tallahassee National Organization for Women, speaks outside the Florida Historic Capitol, June 24, 2022, in Tallahassee, Fla., during a rally protesting the Supreme Court's overturning of Roe v. Wade. The Florida Supreme Court issued rulings Monday, April 1, 2024, allowing the state's voters to decide whether to protect abortion rights and legalize recreational use of marijuana, rejecting the state attorney general's arguments that the measures should be kept off the November ballot. (Chasity Maynard/Tallahassee Democrat via AP, File)
What’s that strange feeling in my knee? Oh, right, it’s my new fake one
Gary Mason
Disney prevails over activist investor Nelson Peltz, ending bitter board battle
FILE - This Sept. 20, 2017, file photo shows a sign at the Disney store on the Champs Elysees Avenue in Paris, France. Disney reports earnings on Wednesday, Feb. 7, 2024. (AP Photo/Francois Mori, File)
Prosecutors in Trump’s classified documents case chide judge over her ‘fundamentally flawed’ order
Republican presidential candidate former President Donald Trump speaks, Tuesday, April 2, 2024, at a rally in Green Bay, Wis. (AP Photo/Mike Roemer)
Mischief trial begins for three men charged in Alberta COVID-19 border blockade
A truck convoy of anti-COVID-19 vaccine mandate demonstrators block the highway at the busy U.S. border crossing in Coutts, Alta., Wednesday, Feb. 2, 2022. Opening arguments are scheduled today in the trial for three men charged for their role in the blockade of the Canada-U.S. border at Coutts, Alta. THE CANADIAN PRESS/Jeff McIntosh
HSBC chairman says spinoff of bank’s Asian business ‘will not happen’
RBC opened HSBC Canada branches under its own brand on Monday after closing its takeover of the bank last week. An HSBC bank sign is pictured in Ottawa on Monday, July 11, 2022. THE CANADIAN PRESS/Sean Kilpatrick
Hunger grips southern Africa as Zimbabwe declares drought a disaster
Zimbabwe's President Emmerson Mnangagwa delivers his State of the Nation address during which he declared drought, induced by El Nino, a national disaster, at the State House in Harare, Zimbabwe, April 3,2024.REUTERS/Philimon Bulawayo
Police officer fell to ground before he was run over, crash reconstructionist says
Justice Anne Molloy, left to right, Umar Zameer, Detective Adam Taylor, Nader Hasan and Michael Cantlon crown are shown in a courtroom sketch in Toronto on Wednesday, March 20, 2024. The trial of a man accused of killing a Toronto police officer in a parking garage nearly three years ago has begun. Zameer has pleaded not guilty to first-degree murder in the death of Const. Jeffrey Northrup.THE CANADIAN PRESS/Alexandra Newbould
Violent storms kill seven people in eastern China with three falling from their apartments
People stand on a flooded street as storms brought rains and hailstones to Nanchang, Jiangxi province, China April 2, 2024. cnsphoto via REUTERS
Russia says it has seen jump in army recruitment in wake of deadly concert hall attack
A police officer stands in front of the Crocus City Hall concert venue following Friday's shooting attack and fire, in the Moscow Region, Russia March 24, 2024. REUTERS/Maxim Shemetov
Persistent drought conditions pose key risk to Canada’s natural gas producers in 2024, report warns
Persistent drought conditions are poised to challenge this country's natural gas producers even as they aim to ramp up in anticipation of the opening of Canada's first liquefied natural gas export terminal, a new report warns. A trestle bridge being constructed to support cryogenic pipes that will transfer liquefied natural gas from storage to ships at berth is seen in Kitimat, B.C., on Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
Police briefly detain ex-Spanish soccer federation president Luis Rubiales amid corruption probe
(FILES) Former president of the Spanish football federation Luis Rubiales leaves the Audiencia Nacional court in Madrid on September 15, 2023. Former president of the Spanish Football Federation (RFEF), Luis Rubiales, who landed at Madrid airport in a plane from the Dominican Republic, was arrested on his return to Spain on April 3, 2024 by the Guardia Civil, which is investigating alleged irregular contracts during his term in office, Spanish media report. (Photo by Thomas COEX / AFP) (Photo by THOMAS COEX/AFP via Getty Images)
Ukraine lowers conscription age to 25 in bid to plug shortfall in troop numbers amid war with Russia
Recruits wait for their turn to pass medical examination in a city hospital in Kyiv, Ukraine, Thursday, Feb. 8, 2024. Ukraine has lowered the military conscription age from 27 to 25 in an effort to replenish its depleted ranks after more than two years of war following Russia's full-scale invasion. The new law came into force Wednesday April 3, 2024, a day after Ukraine President Volodymyr Zelenskyy signed it.(AP Photo/Efrem Lukatsky,File)
Morning Update: Political parties kept in dark about Chinese foreign interference in 2019, 2021 elections
Han Dong appears as a witness at the Public Inquiry Into Foreign Interference in Federal Electoral Processes and Democratic Institutions, Tuesday, April 2, 2024 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Strike over at CN Autoport facility in Nova Scotia after Unifor ratifies agreement
The Unifor logo is displayed on a flag outside the Toyota plant in Cambridge, Ont. on March 31, 2014.
The sap runs deep for Indigenous communities in Quebec using maple syrup
Maple Taffy. Amy Rosen story on Indigenous Maple Syrup in Quebec
TV bad guy Giancarlo Esposito steps into leading-man territory with Parish
Giancarlo Esposito as Gray Bourgeois - Parish _ Season 1, Episode 1 - Photo Credit: Eliot Brasseaux/AMC
Canadian investors need a more powerful financial services ombudsman
Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. The latest report from the Ombudsman for Banking Services and Investments (OBSI) shows a 13 per cent increase in complaints/cases, driven by a 28 per cent increase in complaints about banking. THE CANADIAN PRESS/Adrien Veczan
Eight (mostly red) wines to enjoy in April
Christopher Waters
NATO to plan long-term Ukraine aid, mulls $147-billion fund
(FILES) NATO Secretary General Jens Stoltenberg addresses the audience with Polish President during a press conference at the NATO headquarters in Brussels on March 14, 2024. NATO must be able to offer "predictable" long-term assistance to Ukraine in the face of Russian aggression, Secretary General Jens Stoltenberg said in Brussels on April 3, 2024. (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)
Wednesday’s analyst upgrades and downgrades
Wind Turbines
Greater Toronto home sales down in March but competition pushing prices up, real estate board says
As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply -- and be careful of stoking too much demand. Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. THE CANADIAN PRESS/Richard Buchan
Canadian man killed providing aid in Gaza was a military veteran with a young son
An undated picture provided by World Central Kitchen (WCK) on April 3, 2024, shows US-Canadian Jacob Flickinger, Relief Team member of the US-based aid group, at an undisclosed location. Israeli bombardment killed seven staff of the US-based food charity World Central Kitchen on April 1 in an attack that the UN chief labelled "unconscionable" and "an inevitable result of the way the war is being conducted". (Photo by WORLD CENTRAL KITCHEN / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / WORLD CENTRAL KITCHEN/WCK.ORG- NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS (Photo by -/WORLD CENTRAL KITCHEN/AFP via Getty Images)
Doug Ford and Bonnie Crombie both opposed new housing. One changed their mind
Construction crew works on new homes under construction, on the day Bank of Canada increased its policy rate a full percentage point in Brampton, Ontario, Canada July 13, 2022. REUTERS/Carlos Osorio
Oil settles at five-month high, gains capped by rise in U.S. crude oil stocks
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew//File Photo
With artificial intelligence, the tech world must shed its cavalier attitude
FILE — Sam Altman, CEO of OpenAI, arrives at an AI Forum hosted by Senate Majority Leader Chuck Schumer (D-N.Y.) at the U.S. Capitol, in Washington on Sept. 13, 2023. WilmerHale, a prominent U.S. law firm, is close to wrapping up a detailed review of Altman, and his ouster from the artificial intelligence start-up late last year, two people with knowledge of the proceedings said. (Haiyun Jiang/The New York Times)
The secret shrug on foreign interference
Campbell Clark
Stark portrait of Quebec wildfires wins kudos at World Press Photo Contest
Title: A Day in the Life of a Quebec Fire Crew © Charles-Frederick Ouellet, for The Globe and Mail, CALQ Caption: Theo Dagnaud scans the horizon to ensure that firefighter patrols have left, and he can mark the area as “controlled”. Quebec, Canada, 13 July 2023.
How companies are using generative AI to make self-driving vehicles safer
Raquel Urtasun, founder of Waabi, speaks during a conference in Toronto, on Thursday, Feb. 1, 2024. THE CANADIAN PRESS/Arlyn McAdorey
The close: TSX higher as heavy-weight sectors drive gains
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 6, 2024. REUTERS/Brendan McDermid/File Photo
Taiwan’s strongest earthquake in 25 years leaves several dead, hundreds injured
This photo taken by Taiwan's Central News Agency (CNA) on April 3, 2024 shows the damaged Uranus Building in Hualien, after a major earthquake hit Taiwan's east. A major 7.4-magnitude earthquake hit Taiwan's east on the morning of April 3, prompting tsunami warnings for the self-ruled island as well as parts of southern Japan and the Philippines. (Photo by CNA / AFP) / Taiwan OUT - China OUT - Macau OUT / Hong Kong OUT RESTRICTED TO EDITORIAL USE (Photo by -/CNA/AFP via Getty Images)
Canada’s uncertain AI future
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
Three reasons why your team is resisting innovation and how to change that
Group of business persons having a meeting in a closed glass conference room
Facing an audit? Here’s how business owners can respond
concept of quality and efficiency auditing and evaluation ,quality inspection ,accountant auditing documents ,market data report analysis and consulting ,plan review process ,financial paperwork
With interest-rate cuts expected, ‘boring’ infrastructure is looking more interesting
A container ship passes beneath a suspension bridge as it departs for Europe.
‘This loss of civility did not start with the vitriol expressed about the conflict between Israel and Hamas.’ An appeal for civility, plus other letters to the editor for April 3
Conservative Party Leader Pierre Poilievre speaks during a rally in Ottawa on Sunday, March 24, 2024. Poilievre is requesting Prime Minister Justin Trudeau convene an emergency meeting with the country's premiers to discuss the federal carbon price. THE CANADIAN PRESS/Spencer Colby
Marchessault scores team-high 41st goal, Golden Knights win third straight, 6-3 over Canucks
Apr 2, 2024; Las Vegas, Nevada, USA; Vancouver Canucks center Elias Pettersson (40) is checked by Vegas Golden Knights defenseman Nicolas Hague (14) as Vegas Golden Knights goaltender Logan Thompson (36) makes a save during the second period at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports
PWHL effect infuses 2024 women’s world hockey championship
United States forward Alex Carpenter (25) races to the puck ahead of Canada forward Jessie Eldridge (9) in the second period of a women's Rivalry Series hockey game Sunday, Feb. 11, 2024, in St. Paul, Minn. (AP Photo/Bruce Kluckhohn)
Killorn’s two-goal effort leads Ducks past reeling Flames 5-3
Apr 2, 2024; Calgary, Alberta, CAN; Calgary Flames goaltender Jacob Markstrom (25) reacts to the goal by Anaheim Ducks right wing Troy Terry (not pictured) during the second period at Scotiabank Saddledome. Mandatory Credit: Sergei Belski-USA TODAY Sports
Your daily horoscope: April 3, 2024
Aries.
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