Business

Canadian Commercial Real Estate Sales Hit Quarterly Record

Office space in downtown Calgary is becoming a highly desirable commercial real estate property as sales hit a record level nationally. (The Canadian Press/Jeff McIntosh)
Office space in downtown Calgary is becoming a highly desirable commercial real estate property as sales hit a record level nationally. (The Canadian Press/Jeff McIntosh)

CALGARY—Real estate firm CBRE says Canada hit a record level for commercial real estate sales in the third quarter and is on track to beat...


  • (Lemberg Vector studio/Shutterstock; Vasin Lee/Shutterstock)

    High Court Sides With Samsung in Patent Dispute With Apple

    WASHINGTON—A unanimous Supreme Court on Tuesday sided with smartphone maker Samsung in its high-profile patent dispute with Apple over design of the iPhone. The justices... Read more

  • The Amazon logistics center in Lauwin-Planque, northern France, on Sept. 19, 2013. (AP Photo/Michel Spingler)

    Amazon Testing Store Without Checkout Lines

    NEW YORK—Amazon is testing a grocery store model in Seattle that works without checkout lines. Called Amazon Go, shoppers scan their Amazon app when they... Read more

  • Wilbur L. Ross Jr, Chairman and Chief Strategy Officer at WL Ross & Co, in Chelsea, Manhattan, on Sept. 2, 2015.  President-elect Donald Trump chose Ross as his commerce secretary. (Samira Bouaou/Epoch Times)

    Look Out for a Commercial Revival With Wilbur Ross

    The names of Commerce Department secretaries usually aren’t very well-remembered. In fact, one would have to go back to Herbert C. Hoover, who had the... Read more

  • An Austrian soldier stands guard outside the OPEC headquarters on the eve of the 171th meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, on Nov. 29, 2016. (JOE KLAMAR/AFP/Getty Images)

    OPEC, Trump, and the Oil Price Mystery

    The Organization of the Petroleum Exporting Countries (OPEC) reached a much-anticipated deal to curb oil supply. However, the cartel’s attempt to boost the price of... Read more

  • Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 1, 2016. (Spencer Platt/Getty Images)

    Trump’s Victory Boosts Wall Street

    U.S. stock markets keep hitting new highs three weeks after Trump’s election. Before the results came in, many predicted a Trump victory would be “America’s... Read more

  • The cruise line will plead guilty to seven felony charges 'stemming from its deliberate pollution of the seas and intentional acts to cover it up.' (AOL Screenshot)

    Princess Cruises to Pay $40M Penalty for Polluting Ocean (Video)

    Princess Cruises is in some royally big trouble. According to a statement the U.S. Department of Justice released Thursday, Carnival’s Princess cruise line will plead... Read more

  • A Starbucks customer holds a coffee drink as he leaves a Starbucks store July 31, 2007 in San Francisco, California. (Justin Sullivan/Getty Images)

    Starbucks: Schultz to Step Down as CEO, Focus on Innovation

    NEW YORK—Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a... Read more

  • This Sept. 28, 2016 photo shows investor Walter Baseggio posing in front of the historic headquarters of Veneto Banca in Montebelluna, Italy. Veneto Banca’s collapse is emblematic of the country’s financial problems, which could get worse if the government collapses after a popular vote this weekend on Dec. 4, 2016. (AP Photo/Colleen Barry)

    How Shady Italian Banking Led to Drama for Savers, Economy

    MONTEBELLUNA, Italy—For the people of Montebelluna, in Italy’s prosperous northeast, the 139-year-old Veneto Banca was not a faceless lender, but part of the community. Deals... Read more

  • General view of a meeting of oil ministers of the Organization of the Petroleum Exporting countries, OPEC, at their headquarters in Vienna, Austria, on Nov. 30, 2016. (AP Photo/Ronald Zak)

    OPEC Agrees to Cut Output in Bid to Push up Oil Price

    VIENNA—Breaking with years of inaction, OPEC agreed Wednesday to cut its oil output for the first time since 2008. The move effectively scraps its strategy... Read more

  • A container ship arrives at the port of Qingdao, in northeast China's Liaoning province on Jan. 20, 2014. Baltic Dry Index that measures cost of hiring ships rose nearly 50 percent in November. (STR/AFP/Getty Images)

    Shipping Rates Surge Despite Trump’s Victory

    The Baltic Dry Index, a shipping and trade index, rose 50 percent over the last month. The rise in the index, which is often considered... Read more

  • getty-623142050-20161128

    The Prospects for Gold as Trump’s Agenda Kicks In

    “If Trump wins, gold will go through the roof.” That was the popular narrative before the election and the first move right after it became... Read more

  • FILE - In this Friday, Nov. 23, 2012, file photo, Tashalee Rodriguez, of Boston, uses a smartphone app while shopping at Macy's in downtown Boston. Shoppers are flocking online Monday, Nov. 28, 2016, as “Cyber Monday” sales hit their peak. Each year, during the busy holiday shopping weekend that kicks off on Thanksgiving and the Friday after, known as Black Friday, more and more shoppers decide to skip the mayhem in stores and shop online. (AP Photo/Michael Dwyer, File)

    With Deals Offered Early, Will Shoppers Buy on Cyber Monday?

    NEW YORK—Millions of Americans paused during the Monday after Thanksgiving to check out online deals and check off people on their holiday gift list. But... Read more

  • Workers at the assembly line of the Honda Motors factory in Celaya, Guanajuato state, Mexico, on Feb. 21, 2014. (OMAR TORRES/AFP/Getty Images)

    How Trump Will Reshape America’s Auto Industry

    Trade, immigration, tax cuts, and deregulation were the big issues of Donald Trump’s campaign. The automotive industry didn’t feature prominently, but his presidency will have... Read more

  • Paul Poirier shops for sales at Target on Black  in Wilmington, Mass, on Nov. 25, 2016. (AP Photo/Elise Amendola)

    Dialing up Deals: Black Friday Online Sales Hit New High

    Holiday shoppers eager to snag big discounts turned to the internet in record fashion this week, one tracking company said, driving online sales on Black... Read more

  • The Wall Street entrance of the New York Stock Exchange, on Oct. 2, 2014. (AP Photo/Richard Drew)

    Dow Tops 19,000 as Retailers Lead Stocks to New Records

    NEW YORK—The Dow Jones industrial average crossed 19,000 for the first time as the stock market extended its reach further into record territory. The gains... Read more

  • A Wall Street sign is shown in New York, in this file photo. (AP Photo/Mark Lennihan)

    Consumer Companies Lead US Stocks to New Records

    NEW YORK—U.S. stocks are rising Tuesday morning after most major indexes closed at record highs the day before. Food producers Campbell Soup and Hormel are... Read more

  • (Lemberg Vector studio/Shutterstock; Vasin Lee/Shutterstock)

    High Court Sides With Samsung in Patent Dispute With Apple

    WASHINGTON—A unanimous Supreme Court on Tuesday sided with smartphone maker Samsung in its high-profile patent dispute with Apple over design of the iPhone. The justices... Read more

  • The Amazon logistics center in Lauwin-Planque, northern France, on Sept. 19, 2013. (AP Photo/Michel Spingler)

    Amazon Testing Store Without Checkout Lines

    NEW YORK—Amazon is testing a grocery store model in Seattle that works without checkout lines. Called Amazon Go, shoppers scan their Amazon app when they... Read more

  • The cruise line will plead guilty to seven felony charges 'stemming from its deliberate pollution of the seas and intentional acts to cover it up.' (AOL Screenshot)

    Princess Cruises to Pay $40M Penalty for Polluting Ocean (Video)

    Princess Cruises is in some royally big trouble. According to a statement the U.S. Department of Justice released Thursday, Carnival’s Princess cruise line will plead... Read more

  • A Starbucks customer holds a coffee drink as he leaves a Starbucks store July 31, 2007 in San Francisco, California. (Justin Sullivan/Getty Images)

    Starbucks: Schultz to Step Down as CEO, Focus on Innovation

    NEW YORK—Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a... Read more

  • This Sept. 28, 2016 photo shows investor Walter Baseggio posing in front of the historic headquarters of Veneto Banca in Montebelluna, Italy. Veneto Banca’s collapse is emblematic of the country’s financial problems, which could get worse if the government collapses after a popular vote this weekend on Dec. 4, 2016. (AP Photo/Colleen Barry)

    How Shady Italian Banking Led to Drama for Savers, Economy

    MONTEBELLUNA, Italy—For the people of Montebelluna, in Italy’s prosperous northeast, the 139-year-old Veneto Banca was not a faceless lender, but part of the community. Deals... Read more

  • A container ship arrives at the port of Qingdao, in northeast China's Liaoning province on Jan. 20, 2014. Baltic Dry Index that measures cost of hiring ships rose nearly 50 percent in November. (STR/AFP/Getty Images)

    Shipping Rates Surge Despite Trump’s Victory

    The Baltic Dry Index, a shipping and trade index, rose 50 percent over the last month. The rise in the index, which is often considered... Read more

  • FILE - In this Friday, Nov. 23, 2012, file photo, Tashalee Rodriguez, of Boston, uses a smartphone app while shopping at Macy's in downtown Boston. Shoppers are flocking online Monday, Nov. 28, 2016, as “Cyber Monday” sales hit their peak. Each year, during the busy holiday shopping weekend that kicks off on Thanksgiving and the Friday after, known as Black Friday, more and more shoppers decide to skip the mayhem in stores and shop online. (AP Photo/Michael Dwyer, File)

    With Deals Offered Early, Will Shoppers Buy on Cyber Monday?

    NEW YORK—Millions of Americans paused during the Monday after Thanksgiving to check out online deals and check off people on their holiday gift list. But... Read more

  • Workers at the assembly line of the Honda Motors factory in Celaya, Guanajuato state, Mexico, on Feb. 21, 2014. (OMAR TORRES/AFP/Getty Images)

    How Trump Will Reshape America’s Auto Industry

    Trade, immigration, tax cuts, and deregulation were the big issues of Donald Trump’s campaign. The automotive industry didn’t feature prominently, but his presidency will have... Read more

  • Paul Poirier shops for sales at Target on Black  in Wilmington, Mass, on Nov. 25, 2016. (AP Photo/Elise Amendola)

    Dialing up Deals: Black Friday Online Sales Hit New High

    Holiday shoppers eager to snag big discounts turned to the internet in record fashion this week, one tracking company said, driving online sales on Black... Read more

  • (Drew Angerer/Getty Images)

    Why Is Buffett Buying US Airline Stocks?

    Investors have shunned airline stocks for many years given the corporate mismanagement of the past. But recently, the U.S. airlines industry has been thriving on... Read more

  • SafetyNet members (L-R) Alex Steeves, Abdullah Mostafa, Suzana Vukovic, Thomas Le, and Herman Liao at the University of Ottawa on Nov. 20, 2016. (Rahul Vaidyanath/Epoch Times)

    Startup Weekend More Than Transforming Ideas Into Reality Quickly

    OTTAWA—Startup Weekend provides the water and sunlight from which a remarkable transformation takes place in about 48 hours. An exuberant and perhaps naïve individual with... Read more

  • Tesla Motors CEO Elon Musk unveils large utility scale home batteries at the Tesla Design Studio in Hawthorne, CA., on April 30, 2015. (DAVID MCNEW/AFP/Getty Images)

    Tesla Motors Officially Owns Solar Panel Installer SolarCity

      PALO ALTO, California—Tesla Motors now owns the nation’s largest solar panel installer. Tesla’s deal to acquire SolarCity Corp. closed Monday morning. Shareholders of both... Read more

  • A Hertz car rental agency stands in Manhattan, New York on June 30, 2016. Shares of Hertz Global Holdings Inc. crashed 23 percent on Nov. 8 after the company announced disappointing results.(Spencer Platt/Getty Images)

    Hertz Gets Hurt by Uber but Still Attracts Investors

    Car rental companies could be the next victims of Uber and other ride-hailing companies that are constantly challenging traditional business models. Facing sluggish revenue growth, Hertz... Read more

  • Elon Musk, CEO of Tesla Motors Inc., talks about the Model X car at the company's headquarters, in Fremont, CA., in this file photo. (AP Photo/Marcio Jose Sanchez, File)

    Tesla, SolarCity Get Shareholder Approval for Merger

        Tesla Motors got approval from investors to combine with SolarCity Corp. in an effort to expand the market for solar power and give... Read more

  • The LinkedIn headquarters in Mountain View, Calif., on Feb. 11, 2011. (Justin Sullivan/Getty Images)

    Russian Regulator Moves to Shut LinkedIn After Court Ruling

      MOSCOW—Russia’s state telecommunications regulator has moved to block business-focused social network LinkedIn after a court ruled it violated a law on data storage. Roskomnadzor... Read more

  • NEW YORK, NY - MAY 14: A man uses his cell phone by a sign outside of the JPMorgan Chase headquarters on May 14, 2012 in New York City. Following a $2 billion trading blunder, JPMorgan Chase's chief investment officer Ina Drew retired and will be succeeded by Matt Zames, an executive from JPMorgan's investment bank. At least two others are also being held accountable for the mistake. (Photo by Justin Sullivan/Getty Images)

    JPMorgan Chase to Pay $264 Million in Chinese Bribery Case

      NEW YORK—JPMorgan Chase & Co. has agreed to pay $264.4 million in fines to federal authorities to settle criminal and civil charges that it... Read more

  • President-elect Donald Trump meets with President Barack Obama in the Oval Office of the White House on Nov. 10, 2016. (AP Photo/Pablo Martinez Monsivais)

    What Trump’s Presidency Means for Health Care Sector

    Health care was one of the issues that dominated the election debates. Pharmaceutical and biotechnology companies, which had been worried about Hillary Clinton’s crackdown on... Read more

  • A Canadian flag flies at BlackBerry's headquarters in Waterloo. The Canadian tech sector could gain an edge over the U.S. in attracting talented immigrants. (The Canadian Press/Geoff Robins)

    Canada’s Tech Sector Expected to Get Boost From Trump Fears

    MONTREAL—Nervousness in Silicon Valley about Donald Trump’s election could give Canada’s technology sector a competitive edge if new labour restrictions ratchet up the war for... Read more

  • Robinhood

    How a New App Takes On Traditional Stock Brokerages

    NEW YORK—People love stories about Robin Hood, a legendary outlaw who took from the corrupt clergy and ruling class in the England of the Middle... Read more

  • Adam Bain at a press conference in Jakarta on Aug. 29, 2014.  (ROMEO GACAD/AFP/Getty Images)

    Twitter’s Chief Operating Officer Steps Down as Company Falters

    NEW YORK—Twitter’s chief operating officer is leaving the company, the latest high-profile departure from the troubled communication service. San Francisco-based Twitter said Wednesday that Adam... Read more

  • Wilbur L. Ross Jr, Chairman and Chief Strategy Officer at WL Ross & Co, in Chelsea, Manhattan, on Sept. 2, 2015.  President-elect Donald Trump chose Ross as his commerce secretary. (Samira Bouaou/Epoch Times)

    Look Out for a Commercial Revival With Wilbur Ross

    The names of Commerce Department secretaries usually aren’t very well-remembered. In fact, one would have to go back to Herbert C. Hoover, who had the... Read more

  • This Sept. 28, 2016 photo shows investor Walter Baseggio posing in front of the historic headquarters of Veneto Banca in Montebelluna, Italy. Veneto Banca’s collapse is emblematic of the country’s financial problems, which could get worse if the government collapses after a popular vote this weekend on Dec. 4, 2016. (AP Photo/Colleen Barry)

    How Shady Italian Banking Led to Drama for Savers, Economy

    MONTEBELLUNA, Italy—For the people of Montebelluna, in Italy’s prosperous northeast, the 139-year-old Veneto Banca was not a faceless lender, but part of the community. Deals... Read more

  • General view of a meeting of oil ministers of the Organization of the Petroleum Exporting countries, OPEC, at their headquarters in Vienna, Austria, on Nov. 30, 2016. (AP Photo/Ronald Zak)

    OPEC Agrees to Cut Output in Bid to Push up Oil Price

    VIENNA—Breaking with years of inaction, OPEC agreed Wednesday to cut its oil output for the first time since 2008. The move effectively scraps its strategy... Read more

  • getty-623142050-20161128

    The Prospects for Gold as Trump’s Agenda Kicks In

    “If Trump wins, gold will go through the roof.” That was the popular narrative before the election and the first move right after it became... Read more

  • The Wall Street entrance of the New York Stock Exchange, on Oct. 2, 2014. (AP Photo/Richard Drew)

    Dow Tops 19,000 as Retailers Lead Stocks to New Records

    NEW YORK—The Dow Jones industrial average crossed 19,000 for the first time as the stock market extended its reach further into record territory. The gains... Read more

  • A Wall Street sign is shown in New York, in this file photo. (AP Photo/Mark Lennihan)

    Consumer Companies Lead US Stocks to New Records

    NEW YORK—U.S. stocks are rising Tuesday morning after most major indexes closed at record highs the day before. Food producers Campbell Soup and Hormel are... Read more

  • (Illustration by Epoch Times)

    Why Free Trade Doesn’t Work for the Workers

    According to conventional economic theory, free trade is a winner for developing and developed countries alike. That’s how globalists sold Americans on NAFTA and China’s... Read more

  • An American flag hangs over the New York Stock Exchange, in New York City, on on Sept. 15, 2015. (Spencer Platt/Getty Images)

    Trump’s Policies Would Lead to Inflation

    In business and the markets, there exists a power play between two opposing forces and the people behind them. Seldom seen in the open, it... Read more

  • A Chinese investor watches the U.S. presidential election on his smartphone at a securities company in Beijing on Nov. 9. (WANG ZHAO/AFP/Getty Images)

    Trump and China: What Can He Actually Do?

    Immediately after Donald Trump became president-elect, the Chinese yuan fell through key support at 6.80 yuan per dollar, the lowest level since 2010. The market... Read more

  • The seal of the Federal Reserve is seen on a U.S. banknote on June 1, 2016 in Washington, D.C. The bond market is expecting higher inflation, which eats away at the purchasing power of money, after Donald Trump’s election victory. (Mandel Ngan/AFP/Getty Images)

    US Bond Sell-off Conveys Different Message From Equity Rally

    While exuberant stock markets dominate the financial headlines after Donald Trump’s election victory, the sell-off in bonds heralds a warning. The Trump win means financial... Read more

  • Money traders watch computer screens with the day's exchange rate between yen and the U.S. dollar at a foreign exchange brokerage in Tokyo, on Nov. 9, 2016.  (AP Photo/Shizuo Kambayashi)

    Dow Futures, Asian Shares Tumble as Trump Leads Vote Count

    HONG KONG—Financial markets went on a wild ride Wednesday, as Wall Street index futures and Asian stock benchmarks tumbled on the rising possibility of a... Read more

  • A trader on the floor of the New York Stock Exchange moments after the crash in New York, on Oct. 13, 2008.   James Rickards says exchanges may be locked down during the next crisis (Spencer Platt/Getty Images)

    James Rickards: Next Crisis Will Be Worse Than Last One

    James Rickards has predicted major changes in financial markets, and his latest prediction is his biggest yet. A lawyer, portfolio manager, government adviser, and lecturer, Rickards... Read more

  • More than 300,000 people take part in the People's Climate Change march, considered to be the largest climate change march in history, in New York on Sept. 21, 2014. The emphasis on sustainability on college campuses. (Samira Bouaou/Epoch Times)

    A Portrait of the Millennial Generation, Through the Lens of Liberal Education

    NEW YORK—Clayton Colaw, a millennial working on his master’s in sustainability at Columbia University, sees many things in the business world he thinks he can... Read more

  • Canadian Minister of Finance Bill Morneau speaks to reporters before tabling the Fall Economic Statement on Parliament Hill on Nov. 1, 2016 in Ottawa. (The Canadian Press/Justin Tang)

    New Canadian Bank to Amplify Infrastructure Impact With Private Capital

    OTTAWA—The Liberal government is betting the farm on infrastructure investments, so amplifying every dollar spent raises the chance of returning the economy to faster growth... Read more

  • A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve,  on Jan. 27, 2016. (AP Photo/Richard Drew)

    Fed Leaves Key Rate Unchanged but Hints at Upcoming Hike

    WASHINGTON—The Federal Reserve left interest rates unchanged Wednesday, six days before Americans choose a new president, but hinted again that it would likely raise rates... Read more

  • A woman heads towards a departure gate at Chek Lap Kok airport in Hong Kong in this file photo. (Christian Keenan/Getty Images)

    China Capital Outflows Are a Vote of No Confidence in Economy

    The Chinese currency, the yuan, is a strange animal. Linked to the U.S. dollar, it hardly moves—but when it does, financial markets get jittery, especially... Read more

  • The American flag flies above the Wall Street entrance to the New York Stock Exchange on Nov. 13, 2015. (AP Photo/Richard Drew)

    FOMC Has No Clue About What to Do

    The Federal Open Market Committee (FOMC) will meet on Nov. 1-2, 2016, and investors should keep an eye out for any implications Fed Chair Janet... Read more

  • Ugandans use a mobile money point in Kampala, Uganda, on Sept. 29, 2016. (AP Photo/Stephen Wandera)

    Mobile Money on the Rise in Africa as Millions Get Phones

    KAMPALA, Uganda—Ivan Kiryowa repeatedly checked the balance on his phone, nervous sweat on his cheeks, as he waited for money from a friend. Thirty minutes... Read more

  • A worker pushes a cart among shelves lined with goods at an Amazon warehouse in Brieselang, Germany, on September 4, 2014. (Sean Gallup/Getty Images)

    The Impact of Technology’s Invisible Hand

    The telltale sign that we are in a new age of automation isn’t in the latest food ordering apps, driverless taxis, or noodle-cooking robots. It’s... Read more

  • A home sold in Vancouver. The city’s skyrocketing housing market is another good reason for the federal government to reduce its appetite for mortgage insurance. (The Canadian Press/Jonathan Hayward)

    Canadian Government Targets More Reductions to Housing Market Exposure

    Along with recent measures aimed at stabilizing Canada’s red-hot housing market, the federal government aims to take more steps to reduce its exposure to a... Read more

  • An Austrian soldier stands guard outside the OPEC headquarters on the eve of the 171th meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, on Nov. 29, 2016. (JOE KLAMAR/AFP/Getty Images)

    OPEC, Trump, and the Oil Price Mystery

    The Organization of the Petroleum Exporting Countries (OPEC) reached a much-anticipated deal to curb oil supply. However, the cartel’s attempt to boost the price of... Read more

  • Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 1, 2016. (Spencer Platt/Getty Images)

    Trump’s Victory Boosts Wall Street

    U.S. stock markets keep hitting new highs three weeks after Trump’s election. Before the results came in, many predicted a Trump victory would be “America’s... Read more

  • Trader Gregory Rowe, left, works on the floor of the New York Stock Exchange on Nov. 21, 2016. U.S. stocks are rising in early trading as the price of oil jumps and energy companies move higher, keeping indexes at record highs. (AP Photo/Richard Drew)

    Oil Price Jumps, Stock Indexes at Record High

    NEW YORK—A jump in oil prices helped pull U.S. stocks to record highs Monday as investors continue to hope for a cut in oil production... Read more

  • The Marketing Corner: Consumers’ Online Identities

    “We know what we are, but not what we may be,” William Shakespeare wrote in “Hamlet.” This simplistic statement accurately describes the quintessential quagmire of... Read more

  • The seal of the Federal Reserve is seen on a U.S. banknote on June 1, 2016 in Washington, D.C. The bond market is expecting higher inflation, which eats away at the purchasing power of money, after Donald Trump’s election victory. (Mandel Ngan/AFP/Getty Images)

    US Bond Sell-off Conveys Different Message From Equity Rally

    While exuberant stock markets dominate the financial headlines after Donald Trump’s election victory, the sell-off in bonds heralds a warning. The Trump win means financial... Read more

  • Vehicle automation is set to be rolled out in stages, starting with partially automated driving from 2016, highly automated driving from 2020, and fully automated systems available from 2025. (Courtesy of Continental)

    Is Self Driving Technology Already Making Us Safer?

    If you have not purchased a new car recently, talk about self-driving cars can sound like science fiction, even though much of the technology is already... Read more

  • Hispanic students participate in Spanish class at Birdwell Elementary School in Tyler, Texas. (Mario Villafuerte/Getty Images)

    Marketing to Hispanics via Cultural Heritage

    Hispanics have made many significant contributions to American culture. Their influence can be seen in politics to business, film, music, food, and art. Over the... Read more

  • A currency trader watches monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 10, 2016. (AP Photo/Lee Jin-man)

    Shares Stage Swift Rebound as Markets Shake Off Trump Fears

    HONG KONG—World stock markets extended their swift and surprising global rebound Thursday after being hammered by Donald Trump’s unexpected U.S. election victory. After getting over... Read more

  • A signboard in the banking district shows the TSX market value and gain on Nov. 9, 2016 a day following Donald Trump's surprise presidential victory in the U.S. (The Canadian Press/Frank Gunn)

    Stock Markets Rise as Investors Warm to Trump Presidency

    TORONTO—Canada’s biggest stock market rose while Wall Street hovered around record levels on Nov. 9, as investors warmed to the idea that the victory of... Read more

  • Money traders watch computer screens with the day's exchange rate between yen and the U.S. dollar at a foreign exchange brokerage in Tokyo, Wednesday, Nov. 9, 2016.  Asian shares have shed early gains, tumbling Wednesday as Donald Trump gained the lead in the electoral vote count in the presidential election. Dow and S&P futures also plunged. Earlier, investors had appeared persuaded that Hillary Clinton, seen as a more stable choice, would prevail.(AP Photo/Shizuo Kambayashi)

    Trump’s Conciliatory Speech Helps Soothe Market Concerns

    LONDON—Conciliatory comments from U.S. President-elect Donald Trump in the aftermath of his stunning victory over Hillary Clinton helped global stock markets erase a large chunk... Read more

  • African-American high school students in New Orleans, La. (Mario Tama/Getty Images)

    The Marketing Corner: Marketing to African-American Millennials

    African American millennials continue to forge new ground with mainstream America. They are culture-centric and very active in a variety of topics socially. Their influence... Read more

  • The American flag flies above the Wall Street entrance to the New York Stock Exchange on Nov. 13, 2015. (AP Photo/Richard Drew)

    FOMC Has No Clue About What to Do

    The Federal Open Market Committee (FOMC) will meet on Nov. 1-2, 2016, and investors should keep an eye out for any implications Fed Chair Janet... Read more

  • The Marketing Corner: Total Market Update

      What is total market? Simply put, it is a marketing term that is meant to be inclusive and takes note of cultural distinctions for... Read more

  • A huge oil refinery complex continues it's 24 hour production of petroleum and gas in Grangemouth, Scotland. Around 60 percent of oil and gas professionals think the recovery in oil industry already has begun or will begin in 2017, according to a survey.  (Christopher Furlong/Getty Images)

    Oil Prices Climb but Uncertainties Remain

    Confidence is returning to the oil industry, and the two-year downturn in oil prices may be coming to an end. But there are still some... Read more

  • Facebook app logos appear on an iPad and iPhone Aug. 3, 2016 in London, England.  (Carl Court/Getty Images)

    The Marketing Corner: Up Your Social Media Game

      Once upon a time, buying a product was just the act of making a purchase to obtain the desired object. It was a simple... Read more

  • In a file photo, an "Organic Produce" sign hangs above produce pricing signage in the Shop & Save Market grocery store in Des Plaines, Illinois.  (Tim Boyle/Getty Images)

    The Marketing Corner: Benefits of Transparency

      The Dalai Lama shared once said, “a lack of transparency results in distrust and a deep sense of insecurity.” This simple statement expresses a... Read more

  • Golfer Jordan Spieth of the United States wears sponsored Under Armour shoes as he putts during practice prior to the 2016 Ryder Cup in Chaska, Minnesota. (Sam Greenwood/Getty Images)

    The Marketing Corner: Case Study in Influencer Marketing

      There’s a lot of buzz about influencer marketing. Influencer marketing seems to be gaining momentum—just look at mainstream news. Many stories relate to celebrities... Read more

  • Websites of Bing, Microsoft and Yahoo are displayed on a computer screen in a file photo. (Justin Sullivan/Getty Images)

    The Marketing Corner: Ways to Optimize Local Search

      Many consumer experiences start with search, so marketers should use best practices for deploying optimal search campaigns. Nothing rubs the consumer the wrong way... Read more

  • FILE - In this June 9, 2015 file photo the headquarters of Deutsche Bank is photographed in Frankfurt, Germany.   (AP Photo/Michael Probst, file)

    Deutsche Bank Shares Tank as Concern Grows Over Stability

    BERLIN—Worries over the financial stability of Deutsche Bank returned to the fore Friday, sending shares in Germany’s biggest bank into a tailspin and to a... Read more

  • In this photo dated Wednesday, Sept. 28, 2016, Algerian Energy Minister Noureddine Boutarfa, center, gestures as he leaves the International Conference Center in Algiers, Algeria, with Minister of Energy and Industry of Qatar, Bin Saleh Al-Sada, left, and acting Secretary General of OPEC Mohammed Barkindo, after a meeting of oil ministers of the Organization of the Petroleum Exporting countries, OPEC, in Algiers, Algeria. OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations. (AP Photo/Sidali Djarboub)

    OPEC Deal Shows Cartel’s Resolve and Desperation

    ALGIERS, Algeria—OPEC’s unexpected understanding to trim production shows the cartel still has the resolve — and even desperation — to try to guide energy markets... Read more

  • Rendition of  EV Royal condos. (courtesy of  In2ition Realty & Brokerage)

    In2ition: Pent-up Demand Will Fuel 2017 Market

    The GTA condo market is on pace to set new sales records in 2016, and Debbie Cosic and her team at In2ition Realty have been... Read more

  • Rendering of the Davies, a condo development by Brandy Lane Homes in Toronto  (The Davies)

    ‘No Clouds on the Horizon’ for Toronto Real Estate

    Mark Cohen has a succinct way of summing up the current state of Toronto’s irrepressible real estate market. “We’re in the 20th year of a... Read more

  • A home sold in Vancouver. The city’s skyrocketing housing market is another good reason for the federal government to reduce its appetite for mortgage insurance. (The Canadian Press/Jonathan Hayward)

    Canadian Government Targets More Reductions to Housing Market Exposure

    Along with recent measures aimed at stabilizing Canada’s red-hot housing market, the federal government aims to take more steps to reduce its exposure to a... Read more

  • Rendering of a home built by SkyHomes. (Courtesy of SkyHomes)

    Kleinburg Crown Estates Offers Luxury Living, Large Lots in Charming Village

    The village of Kleinburg is a rare gem in Greater Toronto. It’s a place steeped in culture, history, and small-town charm, yet easily accessible to... Read more

  • Baker Real Estate president and CEO Barbara Lawlor and vice-president Harley Nakelsky. (Courtesy Baker Real Estate Incorporated)

    Why The GTA Remains a Real Estate Investment Hotspot

    Sorry doomsayers, but the GTA real estate market refuses to cool down. With detached-home prices soaring amid a scarcity of product, comparatively more affordable condos... Read more

  • Royal Bank of Canada earned $2.895 billion of net income in its third quarter, up 17 percent from a year ago. (The Canadian Press/Eduardo Lima)

    RBC ‘Closely Monitoring’ Vancouver, Toronto Housing Markets

    TORONTO—Royal Bank CEO David McKay says the lender is “closely monitoring” the real estate markets in Vancouver and Toronto, where home prices have been climbing... Read more

  • A sold sign outside a home in Vancouver on June 28, 2016. After the introduction of a tax on foreign buyers, the next issue to resolve is the lack of housing supply. (The Canadian Press/Jonathan Hayward)

    Fixing Vancouver’s Housing Supply Problem

    Vancouver’s scorching housing market badly needs more supply. Analysts say excessive red tape and wasteful zoning are preventing supply from meeting ferocious demand. It’s another... Read more

  • Aerial view of Rodeo Drive Condos by Lanterra Developments in Toronto. (Lanterra Developments)

    Lanterra Launches Next Condo for Shops at Don Mills

    Lanterra Developments and Cadillac Fairview go way back when it comes to transforming Toronto. More than a decade ago, the companies partnered on the development... Read more

  • Many people are now purpose-buying second homes to use exclusively for short-term lets on Airbnb. (unsplash.com)

    Why Airbnb Opportunities Make a Second Home in London a Smart Choice

    Since being founded in 2008, Airbnb has risen to become a leading global property platform for short-term lets – and a company currently valued at... Read more

  • How to New York and London compare? (unsplash.com)

    The Classic Battle: London Versus New York

    It’s a battle that’s raged for years – which city reigns supreme? London and New York seemingly have it all … and in good measure... Read more

  • LONDON, ENGLAND - AUGUST 08:  A Gold Ferrari Drives through Knightsbridge on August 8, 2014 in London, England. Tourists and car enthusiasts have been flocking to the wealthy London district to see some of the world's most expensive and extravagant super cars. Many of the rich owners from Saudi Arabia and Kuwait come to London to escape the summer heat at home and to show off their cars before moving on to other European cities such as Paris and Cannes.  (Photo by Dan Kitwood/Getty Images)

    Excesses of Global Super-Rich Elbowing Out London’s Aristocracy

    LONDON—Where rattling horse-drawn carriages once ferried dukes and earls home on summer nights, now squealing golden Ferraris catapult their flashy owners past crowds of tourists wielding... Read more

  • Screen Shot 2016-07-25 at 9.19.47 AM

    Australian Couple Raffling Tropical Island Resort for $36 a Ticket

    An Australian couple is raffling their tropical island resort and scuba diving business, after living there for more than two decades. One lucky winner will... Read more

  • The 23-storey Imperial Plaza built by Camrost-Felcorp. (Courtesy Camrost-Felcorp)

    Imperial Village Community: Creating a Vibrant and Quality Lifestyle

    It’s easy to see that the master-planned Imperial Village community will indeed be fit for royalty—or anybody else wishing to embrace a vibrant and enriching... Read more

  • The Pride of Canada Carousel that's destined to become the focal point and jewel of Downtown Markham, Ontario. (Courtesy Remington Group)

    Life Is a Carnival

    Just ask the scores of smiling people who’ve already taken a spin on the new Pride of Canada Carousel that’s destined to become the focal... Read more

  • The One World Trade Center towers over the other buildings of the Manhattan skyline viewed from the New York Harbor during sunset on Feb. 10, 2015. (Benjamin Chasteen/Epoch Times)

    Can New York Benefit From Brexit?

    After Brexit, London may no longer be a popular city for Chinese and Middle Eastern billionaires who seek to park their wealth in penthouses. Especially in... Read more

  • Rendering of a Caliber home. (Courtesy of Caliber Homes)

    Kleinburg Crown Estates: A Collection of Elegant, Executive Homes

    In this white hot market with sellers demanding a king’s ransom for even the most nondescript house, it’s good to know a marquee project like... Read more

  • Rendering of Museum Flats, a condominium project underway in the GTA. (Courtesy Castlepoint Numa Inc.)

    Museum Flats Condos: GTA City Living With an Active Family Lifestyle

    Toronto’s Junction Triangle is in the middle of dramatic, sweeping changes and the new Museum Flats condominium project is leading the way. Imagine a village... Read more

  • Aleksandra Scepanovic, founder and managing director of Ideals Properties Group, at her office in Williamsburg, Brooklyn, on June 9, 2016. (Benjamin Chasteen/Epoch Times)

    How a Serbian War Journalist Became a Successful Entrepreneur in New York

    NEW YORK—What are the most inspiring success stories? Maybe entrepreneurs who had humble beginnings or quirky jobs inspire us the most. Serbian entrepreneur Aleksandra Scepanovic... Read more

  • Rendering of The Kennedy Condos, a multi-towered project in Toronto. (Courtesy of Kennedy Condos)

    The Kennedy Condos: A Multi-Towered Project With Urban Luxury

    With one discriminating gaze around the elegant sales pavilion of the city’s latest building venture, The Kennedys Condos, it’s confirmed the multi-tower project will be... Read more

  • A luxury 90-floor apartment skyscraper called "One57," left, rises above all other buildings overlooking Central Park, while a crane sits atop ongoing construction for a new condominium skyscraper at 220 Central Park South, Thursday May 26, 2016, in New York. A penthouse in One57 went for $100.5 million in 2014, but an apartment in the new condominium is expected to sell for $250 million. (AP Photo/Bebeto Matthews)

    Sky High: NYC ‘Trophy Apartment’ Could List for $250 Million

    NEW YORK—Billionaires’ Row. That’s what New York real estate experts have dubbed a lineup of a half-dozen new superluxury skyscrapers overlooking Central Park that are... Read more

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