Qualcomm says Apple withholding royalty payments amid legal row

Apple sued chipmaker Qualcomm in January and is now withholding payments until the row is resolved.
Source: Business

Imperial Oil reports $333M Q1 earnings, raises dividend to 16 cents – CTV News


CTV News

Imperial Oil reports $333M Q1 earnings, raises dividend to 16 cents
CTV News
CALGARY – Imperial Oil (TSX:IMO) is reporting first-quarter earnings that reversed a loss in the same period of last year but fell short of analyst expectations. The Calgary-based oil producer and refiner says net income was $333 million or 39 cents
Imperial Oil posts profit on higher crude pricesThe Globe and Mail

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Source: Business

Decline in consumption leads to slowest US economy growth in 3 years

Preview The US economy showed its weakest performance since 2014 in the first three months of the year after consumer spending sharply slowed and businesses invested less in inventories.
Read Full Article at RT.com
Source: Business

Trump to reverse Obama’s Arctic & Atlantic drilling ban

Preview US President Donald Trump is expected to sign an executive order on Friday which could lead to the expansion of drilling in the US Arctic and Atlantic oceans. It is part of Trump’s campaign promise to boost domestic energy production.
Read Full Article at RT.com
Source: Business

NatWest and RBS banking app fails

Customers complained on social media that payments and money transfers had not gone through.
Source: Business

100 days into Trump presidency, where is Peter Thiel?

One month after winning the election, Donald Trump sat at a long conference table with top executives from tech giants like Apple, Google, Facebook and Microsoft.
Source: Business

The budget that just might save Kathleen Wynne: Robert Fisher – CBC.ca


CBC.ca

The budget that just might save Kathleen Wynne: Robert Fisher
CBC.ca
One thing’s for sure about Thursday’s Ontario budget from the Liberal government. You shouldn’t expect Premier Kathleen Wynne to go away any time soon. CBC’s Ontario political analyst Robert Fisher says the Premier has been underestimated all her …
Ontario budget: Free drug plan for people under 25, more child care spacesCTV News
Ontario bets strong economy will keep budget balancedThe Globe and Mail
Kelly McParland: The latest Ontario budget puts the Liberals ahead of the voters … but will the voters care?National Post
CP24 Toronto’s Breaking News –Toronto Star –Ottawa Citizen –Montreal Gazette
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Source: Business

Trump rally is 2nd best since JFK

The Trump rally has come in three waves. It was kicked off soon after the election with exuberance over the Trump agenda. It was dealt a blow by political reality, and has since matured into cautious optimism.
Source: Market

US economy slows sharply in the first quarter

Lower levels of government spending and private investment were behind the slowdown in growth.
Source: Market