Tether's Nuclear Bunker Gold Hoard Shakes Markets
Crypto giant Tether has amassed over 140 tons of gold in a Swiss nuclear bunker, becoming one of the world's largest private gold holders and challenging traditional financial institutions.
Category : Business
Market Correction Risks Higher Than Expected: Expert
Ed Devlin, CEO of Devlin Capital, warns that chances of a market correction are significantly elevated, citing geopolitical tensions and interest rate uncertainty as key investor risks for 2026.
Fed Expected to Hold Rates Steady as Cut Pause Starts
The U.S. Federal Reserve is anticipated to keep interest rates unchanged, marking the start of a pause in rate cuts amid ongoing economic assessments.
Condo Owner Disputes Bylaw Fine While Away on Holiday
A Vancouver condo owner challenges a strata council's bylaw violation charge, claiming they were on vacation during the alleged incident. The council refuses to share the complaint details, raising legal questions about strata transparency and owner right
Rising Employee Turnover Costs Hit Canadian Businesses
A new survey reveals Canadian companies face escalating employee turnover costs, with 28% of hiring managers expecting increased departures and average replacement costs climbing to $30,680.
Vancouver's Historic Rufus Guitar Shop and Bill Chow Jewellers Closing
Two iconic Vancouver businesses with deep community roots are preparing to close their doors in 2026, marking the end of eras for music enthusiasts and Kerrisdale shoppers.
UPS to Cut 30,000 More Jobs as Amazon Volume Drops
UPS is eliminating 30,000 more positions as Amazon's shipping volume reductions accelerate, marking a significant workforce reduction in the logistics sector.
Starbucks U.S. Growth Revival as CEO Turnaround Takes Root
Starbucks shows signs of a growth revival in the U.S. market, indicating that CEO Laxman Narasimhan's strategic turnaround efforts are beginning to yield positive results for the coffee giant.
CGI Reports Q1 Profit and Revenue Up
Montreal-based business and technology consulting firm CGI announced a year-over-year increase in both profit and revenue for its first fiscal quarter of 2026.
Shell, Mitsubishi LNG Canada Exit Rumors Dismissed by Analysts
Industry experts argue that reported stake-sale talks by Shell and Mitsubishi for LNG Canada likely indicate preparations for Phase 2 expansion rather than a pullback from the Kitimat project.
OPP Seeks Truck Driver After Highway 401 Hit-and-Run
Ontario Provincial Police are searching for a transport truck driver involved in a hit-and-run crash on Highway 401 near London. The incident occurred on January 28, 2026, with police releasing evidence from the scene.
Brampton Highway 410 Crash: Driver Critical, One Fled
A serious multi-vehicle collision on Highway 410 in Brampton early Wednesday morning left one driver with life-threatening injuries while another fled on foot, prompting a police search.
Gerber Biscuits Recalled in Canada Over Contamination
Nestle Canada has issued a nationwide recall for a specific batch of Gerber arrowroot biscuits due to potential plastic and paper contamination, as announced by the Canadian Food Inspection Agency.
Brampton Highway 410 Crash: Driver Critical, One Fled Scene
A serious collision on Highway 410 in Brampton early Wednesday morning has left one driver with life-threatening injuries and prompted a search for another driver who fled on foot.
Travis Kelce Invests in Sleep Number Mattress Maker
Kansas City Chiefs tight end Travis Kelce has acquired a stake in Sleep Number, the mattress manufacturer, expanding his portfolio into the wellness and sleep technology sector.
REM Technical Problem Slows Service, Closes Station
A technical problem has caused service slowdowns across the entire REM network and suspended all service at Édouard-Montpetit station. No timeline for resolution has been provided by operators.
China Resumes Canadian Canola Imports After Trade Deal
China has resumed purchasing Canadian canola cargoes after both nations reached an agreement to reduce tariffs, marking a significant recovery in agricultural trade relations between the two countries.
Gerber Arrowroot Biscuits Recalled Across Canada
The Canadian Food Inspection Agency has issued a recall for Gerber arrowroot biscuits due to potential contamination with soft plastic and paper pieces. No injuries reported.
Stack Capital Invests $5M in X-energy Nuclear Tech
Toronto-based Stack Capital Group invests $5 million USD in X-energy, a leader in advanced small modular reactors and nuclear fuel solutions for carbon-free energy.
Amazon Cuts 16,000 Jobs in New Round of Layoffs
Amazon has initiated a significant workforce reduction, eliminating 16,000 positions in its latest round of layoffs, as the tech giant continues to restructure amid economic pressures.
Amazon Cuts 16,000 Jobs as AI Competition Heats Up
Amazon plans to eliminate 16,000 corporate positions, bringing total announced cuts to 30,000 in three months as the tech giant streamlines operations and responds to AI-driven market pressures.
Supreme Court Delays Ruling on Trump Tariffs (28.01.2026)
The U.S. Supreme Court has not issued a decision on former President Donald Trump's tariffs, three months after expedited hearings. The case remains pending.
Dubai Gold District Launches as Global Gold Hub
Ithra Dubai has officially launched Dubai Gold District, a unified destination consolidating the entire gold and jewellery value chain to strengthen Dubai's position as a leading global trading centre.
Halifax Mayor Seeks Savings as Bike Network Costs Soar
Halifax Mayor advocates for cost-saving measures after the city's bike network project estimate balloons significantly, prompting a review of municipal spending priorities.
Solaris Expands Warintza Copper District with 8% Samples
Solaris Resources announces major expansion of Ecuador's Warintza copper district, securing new exploration concessions and reporting rock samples up to 8.38% copper, advancing toward district-scale development.
NexGold Starts 25,000m Drill Program at Goliath Gold Complex
NexGold Mining Corp. has initiated a substantial 25,000-metre diamond drilling campaign at its Goliath Gold Complex in Ontario, targeting the Goldlund Deposit to infill and potentially expand mineral resources.
Atico Mining Reports High-Grade Intercepts at El Roble Mine
Atico Mining Corporation announces significant drill results from its El Roble mine in Colombia, including high-grade copper and gold intercepts that extend the ore body beyond historical boundaries.
Trader Joe's Friendly Service: Flirting or Just Good?
Customers often wonder if Trader Joe's cashiers are flirting with them. Former employees explain the company's culture of friendliness and why it might be misinterpreted.
Sask. Gun Shop in Limbo Over Banned Firearms
A Regina gun shop owner has over $50,000 in banned firearms sitting in stock as federal buyback program enters new phase for individuals but not retailers.
Alamos Gold Exploration Update: Lynn Lake & Qiqavik Results
Alamos Gold Inc. announces promising 2025 exploration results from its Lynn Lake project in Manitoba and Qiqavik Gold project in Quebec, extending mineralization and intersecting high-grade gold.
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