Monthly Archive: April 2018

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Congress’ dilemma: tame Facebook or just accept its apology?

WASHINGTON — Facebook isn’t just a company. It’s a behemoth, with 2.1 billion monthly users, $40 billion in revenue and more than 25,000 employees worldwide. And that leaves Washington with a daunting task: How do you tame a corporate giant? Or do you even try? “It’s tricky and it’s going to be hard, but there […]

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Robo-adviser Wealthsimple launches savings account with premium rate

TORONTO — Robo-adviser Wealthsimple is hoping to lure clients away from traditional financial institutions by launching a savings account with a premium interest rate. The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border. That’s higher than the average offering for […]

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Baloney Meter: Are feds crossing $1-trillion mark on market debt for first time?

OTTAWA — “Fact: When Fiscal Year 2018 begins on April 1, 2018, Canada’s market debt will be OVER $1 TRILLION for the first time ever. This is no April Fool’s joke. Justin Trudeau is failing Canadians.” — a Conservative ad posted April 1 on the Twitter page of Tory Leader Andrew Scheer. — The Opposition […]