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  • Facebook made some private posts public for up to 14 million users

    June 7, 2018 9:22 PM 14

    Facebook says a software bug made some private posts public for as many as 14 million users over several days in May. The problem, which Facebook says it has fixed, is the latest privacy scandal for the world's largest social media company. On Thursday, the company said the bug automatically suggested that users make new posts public, even if they had previously

  • Canadian dairy giant Saputo reports profit drop due to higher costs, exchange rates

    June 7, 2018 6:38 PM 12

    MONTREAL—Canadian cheese and dairy giant Saputo Inc. says its profit was down sharply in its latest quarter due to a combination of higher costs, exchange rates and lower selling prices in export markets compared with last year. The Montreal-based company said its net income for the fourth quarter ended March 31 was $130.0 million, down 21.3 per cent from $165.2 million

  • Trudeau tells premiers U.S. tariffs ‘unacceptable’ as Trump’s G7 looms

    June 5, 2018 6:49 PM 15

    OTTAWA—Prime Minister Justin Trudeau’s office says he spoke to provincial and territorial premiers on Monday to update them on Ottawa’s response to the “unacceptable” U.S. steel and aluminum tariffs. Details of the call were released this morning, just days before Trudeau is scheduled to host U.S. President Donald Trump and other fellow G7 leaders in Quebec

  • TSX up slightly due to materials sector, loonie lower

    June 5, 2018 3:33 PM 11

    In New York, the Dow Jones industrial average closed down 13.71 points at 24,799.98. The S&P 500 index ended up 1.93 points at 2,748.80 and the Nasdaq composite index was up 31.40 points at 7,637.86, a second record high in as many days. The Canadian dollar averaged 76.96 cent (U.S.), down 0.39 of a U.S. cent as more encouraging economic data came out of the U.S. The July crude

  • Apple announces anti-addiction features for iPhones

    June 4, 2018 7:53 PM 13

    The most notable enhancement is called “Screen Time,” an activity report showing how much time you’re spending inside of individual apps, how often you pick up your phone and which apps are sending you the most notifications. People can set time limits on specific apps and get alerts reminding them to stop using that software as the limit approaches

  • U.S. gun sales fall months after Parkland shooting tragedy

    June 4, 2018 7:25 PM 12

    While there is no exact data on firearms purchases in the U.S., the FBI’s National Instant Criminal Background Check System is used as a barometer for gun sales. Adjusted for permit checks such as concealed-carry applications, May checks were down 8.5 per cent from the previous year, totalling 904,834. Handgun checks fell 11.6 per cent, while long-gun

  • Key Kinder Morgan executives offered $1.5-million retention bonuses

    June 4, 2018 7:24 PM 15

    The government has said it is counting on the continued employment of key pipeline staff to ensure the completion of the estimated $7.4-billion project to triple capacity of the pipeline from Edmonton to Burnaby, B.C. The filing also notes that the company has terminated and repaid a $5.5-billion revolving credit facility with the Royal Bank of Canada

  • RV maker Winnebago gets into boating with acquisition of Chris-Craft

    June 4, 2018 4:36 PM 20

    Recreational vehicle manufacturer Winnebago Industries says it is buying boat maker Chris-Craft to expand beyond motor homes and travel trailers and create a diversified outdoor lifestyle products company. Winnebago, based in Forest City, Iowa, hasn't disclosed details of the transaction but said Monday it would finance the deal with cash and debt. Chris-Craft

  • GTA year-over-year housing sales down 22.2 per cent in May

    June 4, 2018 12:36 PM 11

    Real estate board says market conditions becoming tighter in the GTA The Toronto Real Estate Board (TREB) reports that May housing sales in the Greater Toronto Area were down 22.2 per compared to May of last year. TREB says that while the number of sales was down year-over-year to 7,834 units, the annual rate of decline was less than reported in February

  • Microsoft reportedly agrees to buy coding site GitHub

    June 3, 2018 10:33 PM 19

    Microsoft Corp. has agreed to acquire GitHub Inc., the code repository company popular with many software developers, and could announce the deal as soon as Monday, according to people familiar with the matter. GitHub preferred selling the company to going public and chose Microsoft partially because it was impressed by chief executive Satya Nadella