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High rates, regulations have some rethinking short-term rental ownership: experts

High rates, regulations have some rethinking short-term rental ownership: experts

Higher interest rates combined with stricter regulations have some Canadians beginning to second-guess the wisdom of investing in a short-term rental property.
Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars

Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars

LAS VEGAS (AP) — The Las Vegas hotel workers union reached a deal with MGM Resorts International, the largest employer on the Las Vegas Strip, on the heels of its breakthrough agreement with Caesars Entertainment.
These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
US applications for jobless benefits inch down, remain at historically healthy levels

US applications for jobless benefits inch down, remain at historically healthy levels

Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates. Applications for unemployment benefits fell by 3,000 to 217,000 for the week ending Nov.
Holiday job postings down from last year amid slowing economy: Indeed

Holiday job postings down from last year amid slowing economy: Indeed

TORONTO — Canadian postings for seasonal holiday jobs are down 30 per cent from a year ago so far, according to Indeed, amid a softening economy and cooling labour market.
To help 2024 voters, Meta says it will begin labeling political ads that use AI-generated imagery

To help 2024 voters, Meta says it will begin labeling political ads that use AI-generated imagery

WASHINGTON (AP) — Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence , their parent company announced on Wednesday.
Martinrea International sees earnings, sales rise in third quarter

Martinrea International sees earnings, sales rise in third quarter

TORONTO — Martinrea International Inc. says net income for the third quarter was $53.7 million, up from $35.9 million a year earlier. Sales for the quarter were $1.4 billion, up from $1.2 billion during the same quarter last year.
Great-West Lifeco sees base earnings rise in third quarter to $950 million

Great-West Lifeco sees base earnings rise in third quarter to $950 million

WINNIPEG — Great-West Lifeco Inc. says its base earnings for the third quarter were $950 million, up from $809 million a year earlier.
Manulife reports net income of $1 billion in third quarter

Manulife reports net income of $1 billion in third quarter

TORONTO — Manulife Financial Corp. says its net income rose in the third quarter from last year, supported especially by business growth in Asia.
Suncor Energy reports third quarter profit of $1.54 billion

Suncor Energy reports third quarter profit of $1.54 billion

CALGARY — Suncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year's quarter. The Calgary-based energy giant says its earnings work out to $1.