The fourth time proved to be too much. The S&P 500 Index finally tumbled below its 200-day moving average, dragged down by tech troubles and tariffs. To chart watchers, the failure portends even bigger declines to come. Investors can anticipate a slide of up to 5 per cent, Adam Turnquist, Piper Jaffray’s technical analyst, said […]
EMPLOYEE RETIREMENT PLAN DEADLINE Small business owners who are considering starting retirement plans for their employees have a chance to save on their 2017 taxes. If they want to set up the least complex plan, the SEP, or Simplified Employee Pension, they can still do so by the due date for their returns — and […]
That’s nearly $45 billion wiped off its market value.
TORONTO — Torstar Corp. says it is hiring 20 new reporters in Western Canada and will rebrand and upgrade the digital offerings of its five free daily Metro urban newspapers across Canada. It says that as of April 10, the Metros will be called StarMetro Vancouver, StarMetro Calgary, StarMetro Edmonton, StarMetro Toronto and StarMetro Halifax. […]
NEW YORK — U.S. stocks are tumbling Monday after China raised import duties on U.S. pork, apples and other products. Tyson Foods is among the biggest losers on Wall Street. Investors are also dumping some of their recent favourites, including retailers like Amazon and technology companies such as Microsoft. Health insurer Humana is jumping on […]
BAR HARBOR, Maine — An airline that recently lost service to a northern Maine region will no longer offer flights to Bar Harbor Airport this summer. Pen-Air decided to stop serving Bar Harbor after the U.S. Department of Transportation awarded to another airline a federally subsidized contract to serve Presque Isle’s Northern Maine Regional Airport […]
Myrtle Beach , South Carolina, has a busy boardwalk and all kinds of attractions, from mini-golf courses and water parks to a zip line and a Ferris wheel. So it might not be an obvious destination for families with kids on the autism spectrum who may be easily overwhelmed by noise and commotion. But an […]
NEW YORK — The CEO of Facebook is defending its advertising-supported business model. Mark Zuckerberg’s defence comes after Apple CEO Tim Cook said his company wouldn’t be in Facebook’s situation because Apple doesn’t sell ads based on customer data the way Facebook does. Zuckerberg responded Monday that an advertising-supported business model is the only way […]
The shale oil and natural gas was discovered in a deposit off the island state’s west coast
In the mid-1990s, forward-looking insurance pros saw the commercial internet as an engine for new models, information, distribution and insurance products. The necessities around dealing with the potential ‘Y2K bug’ managed to suck large...