The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 2.87 percent on the week to close at 586.88 on Friday (December 20). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 2.6 percent decrease to hit 24,599.48, and the CSE Composite Index (CSE:CSECOMP) was down just 0.12 percent to reach 130.58. Statistics Canada…
Troubled discount furniture and home decor retailer Big Lots will initiate going-out-business sales at its remaining locations after a deal to find a purchaser fell through. Big Lots said in a release Thursday that it no longer anticipates being able to complete a previously announced agreement with a private equity…
President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening. Trump did not receive any money for the gift of his 114,750,000 shares of Trump Media stock to the Donald J. Trump Revocable Trust on Tuesday, according to a filing…
OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz served as a way for the high-profile and controversial AI startup to show it can release an extensive roster of new features and tools while also having some…
Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three key markets — Seattle, Los Angeles and Chicago. The union said the move is in response to the coffee chain’s “failure to bring viable economic proposals to the…
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report. CEO Barry Litwin told corporate employees in a meeting viewed by CNN that Party City has to “commence a winddown process immediately,” and that Friday would be…
The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own. According to the suit, which also targets Early Warning Services LLC, Zelle’s official operator, Zelle users have lost more than $870 million…
The pilgrims crawled forward, some barely inching along the rough ground with hands, knees and elbows rubbed raw. The procession of St. Lazarus is one of the largest yearly religious processions in officially secular Cuba and also one of the most colorful. To show their devotion, thousands of Cubans walk…
Police in Spain have arrested two people in connection with a missing persons case after a Google Maps vehicle took a picture of someone apparently loading a large object into the trunk of a car. A man and a woman have been detained in connection with the disappearance and death…
Swedish police said on Thursday they had boarded the Yi Peng 3 vessel, which is at the center of an investigation into Baltic Sea cable breaches, at the invitation of the Chinese authorities. The Chinese bulk carrier is wanted in Sweden for questioning over a breach of two undersea fiber-optic…