Rogers hit by costs related to Shaw acquisition, reports Q4 profit down from year ago
The chief executive of Rogers Communications Inc. dismissed analyst concerns about wireless customers leaving the carrier, saying the company was focused on its premium brand where performance was stronger.
Speaking Thursday on the company’s fourth-quarter earnings call, Rogers CEO Tony Staffieri said there was a “heightened level of what I would call promotional activity in the bottom end of the market” toward the end of last year, suggesting customers opted for rival carriers that offered better deals.
He said that caused Rogers’ brands such as Fido,
AmEx tries to win over grumpy Delta customers with revamped SkyMiles credit cards
NEW YORK (AP) — American Express rolled out several updates to its Delta SkyMiles credit cards Thursday that will give additional benefits to users, part of efforts to soothe sore Delta Air Lines customers who have considered abandoning the airline after last year’s .
The updates, however, will come with a higher annual fee, which AmEx says it believes the new benefits will more than pay for.
New York-based AmEx is adding $200 flight credits to the cards after a certain amount of spending, $
Boat carrying migrants capsizes near Puerto Rico, killing 2
SAN JUAN, Puerto Rico (AP) — Authorities searched for potential survivors off Puerto Rico’s northwest coast Thursday after a crowded boat capsized, killing at least two people.
The U.S. Coast Guard said officers rescued 30 occupants of the boat that capsized Wednesday near the coastal town of Camuy. Two of them were hospitalized for unspecified reasons, including a woman who is four months pregnant.
Survivors estimated that the boat was carrying between 30 to 50 passengers, the Coast Guard said in a statement
Greta Thunberg has gone on trial over a London climate protest outside an oil and gas conference
LONDON (AP) — Climate activist spoke defiantly about her mission outside court Thursday on the first day of her trial for refusing to leave a protest that blocked the entrance to a major oil and gas industry conference in London last year.
Thunberg, 21, was among more than on Oct. 17 after preventing access to a hotel during the Energy Intelligence Forum, attended by some of the industry’s top executives.
“Even though we are the ones standing here … climate, environmental and human rights activists all
Canada Goose reports $130.6M Q3 profit, revenue up 6% from year earlier
Canada Goose Holdings Inc. said further price increases are on the table even as buyers rethink their spending choices amid higher inflation and interest rates over the past two years.
Those financial pressures make for what chairman and CEO Dani Reiss called a “challenging consumer environment” globally. But the luxury apparel company still sees room for larger price tags on parkas that can already top $2,000.
“We actually think there’s quite a lot of headroom, whether it’s introducing new categories, new styles
Albania’s Institute of Statistics suffers cyberattack, some systems affected
TIRANA, Albania (AP) — Albania’s Institute of Statistics reported Thursday it has suffered a cyberattack which affected some of its systems.
A statement said Institute of Statistics, or INSTAT, systems were “a target of a sophisticated cyberattack” on Wednesday.
After closing internet links and activating emergency protocols to protect data, experts determined that only “some of INSTAT systems were affected,” but not those for a recent census.
INSTAT is cooperating with authorities to identify the source and motives of the cyberattack, resume normal
Iran begins building 4 more nuclear power plants
TEHRAN, Iran (AP) — Iran began construction on four more nuclear power plants in the country’s south, with expected total capacity of 5,000 megawatts, the official IRNA news agency reported Thursday.
Iran seeks to produce 20,000 megawatts of nuclear energy by 2041.
The country has one active nuclear power plant, a 1,000 megawatt plant that went online with help from Russia in 2011. It’s also building a 3
Explosion strikes near vessel in the Red Sea off Yemen as Houthi rebel attacks continue
WASHINGTON (AP) — Defense Secretary Lloyd Austin said Thursday it’s time to further disable Iran-backed militias that have struck at U.S. forces and ships in the Middle East and the U.S. is preparing to take significant action in response to the deaths of in Jordan.
For days the U.S. has hinted strikes are imminent. While the threat of retaliation for Sunday’s deaths has driven some militant groups to say they were stopping hostilities, as late as Thursday Yemen’s
TDSB green lights development of new cell phone policy for students
Canada’s largest school board is moving ahead with the development of a new cell phone policy for students.
The Toronto District School Board (TDSB) trustees approved the new policy at Wednesday night’s board meeting, saying revised rules will aim to strike a better balance between the educational use of phones and enabling students to stay focused in class.
“Staff will now create a policy development plan that will outline next steps including timelines and opportunities for students, staff and families to provide feedback as part of an extensive public
Thousands from Russia-friendly party join anti-government protest in Moldova’s capital
CHISINAU, Moldova (AP) — Several thousand people from a Russia-friendly party protested in front of Moldova’s parliament building on Thursday to demand the resignation of the pro-Western government.
The rally by the Revival Party against the governing Party of Action and Solidarity called for early elections and for President Maia Sandu to step down. Moldova is to hold presidential elections later this year and parliamentary elections in 2025.
The Revival Party currently holds four seats in Moldova’s 101-seat legislature