Category: PMN Business

Dec 5

Banker Bonus Pools Increase 12% at Canada’s Six Largest Lenders

Breadcrumb Trail Links PMN Business Canada’s largest banks all are poised to pay their employees more in variable compensation for 2024, with stock-market favorites Royal Bank of Canada, Canadian Imperial Bank of Commerce and National Bank of Canada increasing bonus pay the most. Author of the article: Bloomberg News Christine Dobby Published Dec 05, 2024 […]
Dec 4

Fed Beige Book Shows Businesses Confident in Demand Prospects

Article content (Bloomberg) — Economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects, the Federal Reserve said in its latest Beige Book survey. Article content “Though growth in economic activity was generally small, expectations for growth rose moderately across most geographies and sectors,” […]
Dec 4

Mexico’s Senate votes to charge cruise ship passengers $42 per head for port calls

Article content MEXICO CITY (AP) — Mexico’s Senate has voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry. Article content Mexican business chambers say the immigration charge — from which cruise passengers used to be exempt — may hurt the country’s half-billion-dollar-per-year cruise industry. The […]
Dec 3

FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press David Klepper Published Dec 03, 2024  •  3 minute read Article content WASHINGTON (AP) — Federal authorities on Tuesday urged telecommunication companies to boost network security following a sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and […]
Dec 2

Unions score a major win in Wisconsin with a court ruling restoring collective bargaining rights

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Scott Bauer Published Dec 02, 2024  •  4 minute read Article content MADISON, Wis. (AP) — Wisconsin public worker and teachers unions scored a major legal victory Monday with a ruling that restores collective bargaining rights they lost under a 2011 state […]
Dec 2

Cyber Monday delivering sales but some are expecting them to be down from last year

Breadcrumb Trail Links PMN PMN Business PMN Retail & Marketing Author of the article: The Canadian Press Tara Deschamps Published Dec 02, 2024  •  3 minute read Article content Canadians have flocked to malls and online stores for Black Friday, Cyber Monday and their surrounding sales period, but at least one tech firm found shopping […]