business news usa

Bell asks CRTC to drop local news requirements

TORONTO – BCE Inc.’s media arm is asking the federal telecommunications regulator to waive local news and Canadian programming requirements for its television stations, saying its obligations are based on outdated market realities. In an application to the CRTC filed June 14, Bell Media requested the regulator drop requirements for spending on local news and […]

What interest rate hike means for mortgage holders, home hunters – Business News

Photo: The Canadian Press Governor of the Bank of Canada Tiff Macklem. The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it’s been since April 2001. The hike was aimed at quelling inflation, which proved stubborn, not moving down […]

Musk says owning Twitter ‘painful’ but needs to be done – Business News

Photo: The Canadian Press Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year. In an interview also streamed live late Tuesday on Twitter Spaces, Musk discussed his ownership of the online platform, […]

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