Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. The Austin-based company said it made $1.13 billion US from January through March compared with $2.51 billion US in the same period a year ago. … Read more
Prime Minister Justin Trudeau says a new $1.5-billion housing fund will help non-profit organizations acquire more rental units across Canada and make sure they remain affordable. The new Canada Rental Protection Fund will be included in the upcoming federal budget, to be tabled on April 16. The fund will provide $1 billion in loans and … Read more
Lightspeed Commerce is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based technology company. After integrating the company’s many acquisitions, “Lightspeed is now entering a new phase, one focused on profitable growth to capture the opportunity in front of us,” said founder and chief executive Dax Dasilva. … Read more
Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee. The embattled Montreal-based company says it received a non-binding expression of interest from a potential purchaser that it did not name. It mandated investment banks RBC Capital Markets and Goldman Sachs Group … Read more
ByteDance, China’s most valuable unicorn and the owner of TikTok, has started a new round of share buy-backs for its global employees that price the equity higher than the previous round, according to two people familiar with the matter. The Beijing-based company has offered to purchase shares from staff at US$170.81 each, up nearly 7 … Read more
It has to be said, there’s something about wearing a great set of lingerie that unlocks a new confidence for the wearer. No matter your shape, size, or style, slipping into something both beautiful and comfortable has the power to help our clothes sit better and us to walk a little taller, and even if you’re the only one who’s going to see … Read more
Before you even think about it, stop. Don’t waste your lunch break scrolling through clothes sites, and definitely do not spend your weekend in a shopping centre. Your time is valuable, and should be treated as such, so rather than the prospect of you sifting through 500 pages of new-in clothes and accessories, I’ve done the hard work … Read more
One of the first pieces that caught my eye was the perfect pair of relaxed wool-blend trousers, which I know will dress up or down with ease. Next, there’s some very impressive shoes to be had, too, with M&S’s best-selling Mary Janes having a recent restock. I also have to give a shout-out to the kitten heels, which … Read more
Catalogued alongside Tiffany diamonds, Louis Vuitton bags and other peak-luxury items, many watches have become status symbols in their own right. Rolex, Cartier, IWD, Omega—owners of such timepieces belong to a very exclusive club, which makes them all the more desirable. I remember reading an article about how the purchase of fine jewellery soared during and … Read more
My biggest takeaway is this: it’s much easier to integrate these shades into my wardrobe than previously thought. No matter the hue, they seemed to fall into two styling categories: one, back to basics, literally. For this, call upon that capsule wardrobe you’ve been building, and let your neutral shades of white, black and navy do … Read more
