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CIBC sees revenue and expenses rise as it focuses on growth, raises dividend

CIBC sees revenue and expenses rise as it focuses on growth, raises dividend

TORONTO — CIBC has been investing in growth opportunities like its corporate rebrand and buying the Costco credit card portfolio, and both the costs and payoffs are starting to show up on its balance sheet.
New Brunswick announces $2 per hour increase in minimum wage, to hit $13.75 in 2022

New Brunswick announces $2 per hour increase in minimum wage, to hit $13.75 in 2022

FREDERICTON — New Brunswick is hiking its minimum wage by $2 per hour next year — the largest increase in 40 years — but a business advocate says that would strike a blow to small companies already suffering from COVID-19.
November home sales up nearly 12% from last year: Vancouver real estate board

November home sales up nearly 12% from last year: Vancouver real estate board

VANCOUVER — The Real Estate Board of Greater Vancouver says November home sales increased by almost 12 per cent from last year as demand continued to outpace supply. The B.C.
OPEC+ sticks to modest boost in oil output despite omicron

OPEC+ sticks to modest boost in oil output despite omicron

NEW YORK (AP) — OPEC and allied oil-producing countries decided Thursday to maintain the amount of oil they pump to the world even as the new omicron variant casts a spikey shadow of uncertainty over the global economic recovery from the coronavirus
Home-based businesses should check insurance policy to make sure they're covered

Home-based businesses should check insurance policy to make sure they're covered

CALGARY — When Ana Maria Moreno decided to leave her career in social work to start a home-based business last year, she found herself facing a daunting to-do list that included everything from logo design to marketing strategy to customer outreach.
Germany backs restrictions for unvaccinated as mandate looms

Germany backs restrictions for unvaccinated as mandate looms

BERLIN (AP) — German Chancellor Angela Merkel said Thursday that people who aren't vaccinated will be excluded from nonessential stores, cultural and recreational venues, and parliament will consider a general vaccine mandate as part of efforts to cu
US jobless claims rise by 28,000, but still low at 222,000

US jobless claims rise by 28,000, but still low at 222,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week even though the U.S. job market has been rebounding from last year's coronavirus recession.
EU drug regulator starts reviewing new coronavirus vaccine

EU drug regulator starts reviewing new coronavirus vaccine

THE HAGUE, Netherlands (AP) — The European Union drug regulator said Thursday it has started a rolling review of a new coronavirus vaccine made by French startup Valneva, the first step toward giving the vaccine the green light to be used in the 27-n
Slithering 'snake burglar' steals thousands from CA salon

Slithering 'snake burglar' steals thousands from CA salon

RIVERSIDE, Calif. (AP) — Police were looking for a man dubbed the “snake burglar" who wriggled his way through a Southern California business and fled with several thousands dollars.
Shopify sued by publishers accusing company of profiting from textbook piracy

Shopify sued by publishers accusing company of profiting from textbook piracy

Five textbook publishers are accusing Shopify Inc. of profiting from content sold through Shopify's software that's pirated or infringes on their trademarks. In a lawsuit filed in a U.S.