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Canadian economy steady in April as real GDP remains unchanged – Business News

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Economy holds steady The Canadian Press – Jun 30, 2023 / 6:27 am | Stories: 434570 Photo: The Canadian Press Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March. The federal agency’s advance estimate suggests real gross domestic product grew 0.4 per cent in May, led by …

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Shakeup at Indigo as almost half of the company’s board exits and chair Heather Reisman will also leave soon

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Four members of Indigo’s board of directors have abruptly resigned, and the company has announced that chair Heather Reisman will retire this summer. Indigo Books and Music Inc. says Frank Clegg, Howard Grosfield, Anne Marie O’Donovan and Chika Stacy Oriuwa are no longer on the company’s 11-person board. In a statement Wednesday, the company indicated …

Shakeup at Indigo as almost half of the company’s board exits and chair Heather Reisman will also leave soon Read More »

Elizabeth Holmes went to Burning Man, torched an effigy for Theranos, then spent 6 months living in an RV while prosecutors built a case against her for fraudulent business practices

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Former Theranos CEO Elizabeth Holmes on November 18, 2022 in San Jose, California.Justin Sullivan/Getty Images In her first interview since 2016, Elizabeth Holmes told NYT her perspective on her fraudulent business. Once the company dissolved, she burned an effort for Theranos, then lived in an RV for six months. The former CEO said she experienced …

Elizabeth Holmes went to Burning Man, torched an effigy for Theranos, then spent 6 months living in an RV while prosecutors built a case against her for fraudulent business practices Read More »

President Biden jokes to dinner guests if you’re disoriented or confused, you’re either ‘drunk or Marjorie Taylor Greene’

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President Joe Biden laughs as he speaks during the White House Correspondents’ Association dinner at the Washington Hilton in Washington, Saturday, April 29, 2023.Carolyn Kaster/AP Photo Biden mocked Rep. Marjorie Taylor Greene during his White House Correspondents’ Dinner speech. He said that if the guests felt confused, they would either “drunk or Marjorie Taylor Greene.” …

President Biden jokes to dinner guests if you’re disoriented or confused, you’re either ‘drunk or Marjorie Taylor Greene’ Read More »

Lyft gears up to make ‘significant’ layoffs under new CEO – Business News

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Photo: The Canadian Press FILE – A Lyft ride-hailing vehicle is parked near Empower Field at Mile High in Denver on April 30, 2020. (AP Photo/David Zalubowski, File) Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with an eye toward driving down …

Lyft gears up to make ‘significant’ layoffs under new CEO – Business News Read More »

McDonald’s reportedly temporarily shuts its US corporate offices ahead of layoffs

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McDonald’s Corp is temporarily closing its US offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported Sunday. In an internal email last week to US employees and some international staff, McDonald’s asked them to work from home from Monday …

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