Business

Costco hot dogs are safe from price hikes despite inflation, CEO says

Some good news for inflation-weary Americans: There will be no price hike on Costco’s hot dogs. In an interview Monday on CNBC’s “Squawk on the Street,” CEO Craig Jelinek had a one-word answer when asked whether he would raise the signature food court item’s price: “No.” Costco has continued to put up strong sales, even …

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Late luggage poses latest hurdle to airlines, passengers

A passenger looks for his luggage among a pile of unclaimed baggage at Pierre Elliott Trudeau airport in Montreal on June 29.Ryan Remiorz/The Canadian Press It took Gloria Schwartz three days to retrieve her child’s luggage. The Ottawa resident’s son was returning last Tuesday to his hometown from Tel Aviv, where he had been studying …

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UK Antitrust Investigation Is Latest Microsoft-Activision Acquisition

Microsoft announced its nearly $69 billion purchase of massive gaming company, Activision Blizzard in January. But the road to acquisition hasn’t been smooth for the two companies, and the deal isn’t sealed yet. Now, another speedbump has appeared. The Competition and Markets Authority (CMA), a United Kingdom regulatory agency, is undertaking a formal investigation into …

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Four top stocks picks from an award-winning National Bank Financial analyst

Maxim Sytchev in Toronto, on Nov. 27, 2019.Christopher Katsarov/The Globe and Mail The industrials sector has been hard hit with only a handful of stocks in the sector posting gains in 2022. However, the decline in certain industrials stocks may represent buying opportunities for long-term investors. To help investors identify potential winners amongst the stock …

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ETFs for investors willing to bet on REITs in a rising rate environment

Investors often assume rising interest rates are bad for real estate investment trusts (REITs), given they’re in the business of taking on debt to add to their property portfolios. At first glance, that sentiment appears to be accurate, given the more than 20-per-cent drop in the S&P/TSX REIT index so far this year. But there …

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Sydney floods: Climate crisis becomes new normal for New South Wales, Australia’s most populous state

Brisbane, Australia CNN — On a fine day, locals arrive on boats that motor up the Hawkesbury River in New South Wales to dine on the back deck of the Paradise Café. But for the fourth time in 18 months, café owner Darren Osmotherly is rushing to move his equipment to higher ground as floodwater …

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NASA explains the mission to bring samples of Mars soil, rock and atmosphere back to Earth | US & World

PHILADELPHIA — NASA’s Mars Sample Return Mission aims to bring 30 samples of rock, soil and atmosphere now being collected by the Perseverance rover back to Earth sometime in the early 2030s. The goal is to look for signs of past life and also to find out more about the Red Planet before humans visit …

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Kevin Durant, Rudy Gobert, OG Anunoby, Gary Trent Jr.

Elsa/Getty Images According to rival NBA executives who’ve spoken to the Nets, the asking price remains high for 12-time All-Star Kevin Durantand is expected to go up following the boatload of draft picks the Timberwolves gave up to acquire Rudy Gobert. Brooklyn is seeking a combination of the best assets from teams, including any All-Star …

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Amazon bars off-duty warehouse workers from its buildings

FILE – A truck arrives at the Amazon warehouse facility on the Staten Island borough of New York, April 1, 2022. Amazon is barring off-duty warehouse workers from the company’s facilities, a move organizers say can hamper union drives. (AP Photo/Eduardo Munoz Alvarez, File)Eduardo Munoz Avarez/The Associated Press Amazon is barring off-duty warehouse workers from …

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