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Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars. On Wednesday, the stock price of…
TORONTO – It’s not easy going up against Canada’s banking oligopoly, but some are trying. Challengers like EQ Bank and Wealthsimple are rolling out new and cheaper offerings, growing their base and gaining brand recognition. But experts say that rather…
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed 22 per cent compared with July. The national housing agency says the seasonally adjusted annual rate of housing starts came in at 217,405…
Dell announced a major reorganisation of its sales division which included layoffs aimed at modernising operations at the computer giant to increase focus on artificial intelligence (AI). Dell informed employees of these changes in an internal memo sharing plans to…