DNA ancestry tests, food waste and juice gets squeezed: CBC’s Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Why do we waste so much food? Buying more than we need and expiration dates are partly why more than half of all food produced in Canada is lost or wasted, according to a Toronto […]

The latest retail trend? Go small — it’s cheaper in big expensive cities

Customers who don’t work in the building that houses Kento Kitayama’s tiny cafe near Vancouver’s Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk. Iktsuarpok Coffee Stand, which opened late last month, has no seating and sparse furnishings. Kitayama could likely stand in […]

Cannabis legalization voted Canadian Press’s business story of the year

Canada’s trailblazing move to legalize cannabis for recreational use, which sparked an entirely new industry and had wide-ranging implications for nearly every facet of society, has been voted The Canadian Press business news story of the year. The term “disruption” in business has become so overused that it has become an empty cliché, but it […]

Fiat Chrysler to put assembly plant in Detroit area

Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker’s plan. The source says the plant will produce SUVs but did not specify when the plant will open, or how many jobs it will create. The person spoke on condition of anonymity because the plan has […]

CIBC profit rises, but by less than expected

CIBC reported a higher fourth-quarter profit compared with a year ago, but fell shy of market expectations. The Toronto-based bank said Thursday the profit amounted to $1.27 billion or $2.80 per diluted share for the quarter ended Oct. 31, up from $1.16 billion or $2.59 per diluted share a year ago. On an adjusted basis, […]

Rogers sells MoneySense to Ratehub.ca

Rogers Communications Inc. has sold online personal finance magazine MoneySense to Toronto-based fintech company Ratehub.ca for an undisclosed sum. Ratehub’s core product is a rate-comparing tool that gives the site’s readers recommendations about various financial products. More than 5 million Canadians visit the site every year, the company says. Ratehub was founded in 2010 and grew slowly until receiving […]

Who gets more done — office workers or telecommuters?

In a tight labour market, workers with in-demand skills may have the leverage they need to snag coveted telecommuting privileges. But seasoned remote workers and an economist who studies productivity said there’s still a negative perception that stands in the way of making those arrangements happen. Glenn Dutcher, an assistant professor of economics at Ohio University, studies the impact […]

How will Facebook keep people on Facebook? By helping them fall in love

For those who’ve been paying attention, Facebook’s growth appears to be slowing. It’s not clear why, but one theory is that we’re reaching a saturation point, particularly in North America. Basically, everyone has already signed up for an account. Facebook is literally running out of new people to bring aboard.  This is a problem (for […]