Postmedia records $5.8 million profit for fiscal first quarter

Postmedia records $5.8 million profit for fiscal first quarter

Postmedia records $5.8 million profit for fiscal first quarter The results follow the announcement this past November of a deal between Postmedia and Torstar Corp., which saw them swap 41 papers, shuttering most Toronto-based Postmedia, the country's largest newspaper publisher and owner of the Financial Post, recorded net earnings of $5.8 million for the quarter ended Nov. 30, 2017.Darryl Dyck/The Canadian Press files Share this storyPostmedia records $5.8 million profit […]

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Wal-Mart’s wage hike would represent just five hours of sales

Wal-Mart’s wage hike would represent just five hours of sales

Wal-Mart's wage hike would represent just five hours of sales With about US$57 million in sales per hour, it won‘t take the retailer long to cover the US$300 million it expects the wage increases to cost It won't take long for Wal-Mart to cover the wage hike costs.Daniel Acker/Bloomberg Matthew Boyle Share this storyWal-Mart's wage hike would represent just five hours of sales Wal-Mart Stores Inc. jolted the retail industry […]

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The Latest: Alabama incentives for factory top $700 million

The Latest: Alabama incentives for factory top $700 million

The Latest: Alabama incentives for factory top $700 million Share this storyThe Latest: Alabama incentives for factory top $700 million MONTGOMERY, Ala. — The Latest on the Toyota-Mazda factory coming to Alabama (all times local): 8:15 p.m. Alabama’s total incentive package to land Toyota and Mazda’s new U.S. factory will top at least $700 million after local incentives are added. The Huntsville City Council on Thursday approved a $320 million […]

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FTSE price hikes decision to play out Monday

FTSE price hikes decision to play out Monday

FTSE price hikes decision to play out Monday Data providers will present proposals aimed at trying to bring some order to the industry rocked last year when FTSE levied price hikes Data providers will present their case on Monday.Peter J. Thompson//NATIONAL POST Share this storyFTSE price hikes decision to play out Monday Memo to FTSE Russell, one of the world’s three largest providers of index-based products, which has a dominant […]

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Rising fuel costs could be headwinds for Air Canada, WestJet in 2018

Rising fuel costs could be headwinds for Air Canada, WestJet in 2018

Rising fuel costs could be headwinds for Air Canada, WestJet in 2018 After a year that saw strong growth and low fuel costs, Canada’s two largest airlines could face headwinds, thanks to a recent rally in jet fuel prices, which some analysts say could lead to increased fares Flight prices may start to rise.Brian Mcdermott / AP Share this storyRising fuel costs could be headwinds for Air Canada, WestJet in […]

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It’s time to pay more attention to marginal effective tax rates

It’s time to pay more attention to marginal effective tax rates

It’s time to pay more attention to marginal effective tax rates Working parents with children, particularly those in low-income families, face prohibitive tax rates that discourage them from taking on extra employment to get ahead Tax rates can adversely affect low-income families.Postmedia files Share this storyIt’s time to pay more attention to marginal effective tax rates There may not be much sympathy out there for the top one per cent […]

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The Latest: Official from Columbia U. affiliate out on bail

The Latest: Official from Columbia U. affiliate out on bail

The Latest: Official from Columbia U. affiliate out on bail Share this storyThe Latest: Official from Columbia U. affiliate out on bail NEW YORK — The Latest on arrests in a financial aid scandal at Columbia University’s Teachers College (all times local): 5:45 p.m. The former head of financial aid at Columbia University’s Teachers College who was arrested on conspiracy and bribery charges has been released on $50,000 bail. Melanie […]

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