Electronics
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Air Canada, WestJet to take financial hit from 737 Max 8 ban
The carriers use the commuter planes daily on routes that include Vancouver-Calgary, Vancouver-Montreal and Montreal-Los Angeles
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Leading metalworking trade fair a platform for future industrial technologies
The 2019 theme is “Smart technologies driving tomorrow’s production”
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76% of Canadians now bank online or via app, up from 68% two years ago: poll
Online banking is the most common way of banking, says poll of 4,000 adult Canadians conducted by the Canadian Bankers Association
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Spotify files antitrust complaint to EU against Apple
Spotify’s beef with Apple centres on a 30 per cent tax it has to pay whenever it uses Apple’s “in-app” payment system to process user purchases
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Mastercard to acquire Toronto-based fintech company Ethoca
Mastercard has made several security-focused acquisitions in recent years. Ethoca’s network connects roughly 5,000 merchants with 4,000 financial institutions
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BlackBerry creates separate subsidiary to ‘deepen reach’ within U.S. government
BlackBerry’s AdHoc service for crisis communications is used by 1.1 million licensed users, including at the U.S. Departments of Homeland Security, Justice and Energy
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U.S. stocks mostly higher on tech strength; Boeing hurts Dow
Technology stocks powered the market’s early gains. The industrial sector and the Dow were dragged down by Boeing
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U.S. retail sales up just 0.2 pct. as consumers stay cautious
U.S. consumers’ is caution based on weaker economies overseas, the U.S.-China trade fight, and the 35-day government shutdown
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Growing number of Boeing Max 8 planes grounded after crash
The Ethiopian Airlines’ crash, much like the Lion Air jet that crashed off Indonesia, had erratic speed during the few minutes it was in the air
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Canada sees second straight monthly employment surge with 55,900 net new jobs
The Canadian increase even outpaced job creation in the United States
