Report on Business - The Globe and Mail

The Fed has a repo problem. Here’s what you need to know

Interest rates

Fed cuts rates by quarter of a percentage point, gives mixed signals on next move

In lowering the benchmark rate, the central bank nodded to ongoing global risks and ‘weakened’ business investment and exports

A Fed rate cut is imminent. For increasingly baffled investors, the big question is why

Better-than-expected data on the U.S. economy normally suggest it’s not the time to cut rates – but lately, the readings don’t seem to matter much

The Fed has a repo problem. Here’s what you need to know

Policymakers face an unexpected curveball

U.S. Federal Reserve pumps more cash as key rate breaks above target

Concerns over problems in money markets spreading have been muted so far

Autos

GM to lay off 1,300 workers at Oshawa assembly line as U.S. strike continues

Temporary layoffs come as strike by 49,000 GM workers in the United States moves into its third day

Slow progress reported in talks as General Motors strike enters third day

UAW spokesman Brian Rothenberg said the talks were moving slowly but progressing

cannabis

Health Canada suspends CannTrust’s licences to grow, process cannabis

The cannabis producer has 10 business days to appeal the decision or it will be forced to close greenhouse and processing plant

CannTrust has a shot at redemption, but a company breakup is more likely

The cannabis company said Tuesday that Health Canada could ‘potentially’ reinstate its licences if the company makes a number of improvements

Andrew Willis

CannTrust and eight energy stocks get booted out of the TSX Composite in index revamp

Five stocks to be added

More stories below advertisement

Featured

Advisor Insights

Canadians should be making better use of TFSAs

September 18 Updated

Rising house, gas prices highlight how powerless politicians are to make life more affordable

Rob Carrick September 18 Updated

Rob Carrick

The case for Alberta oil just got a lot better

Konrad Yakabuski September 17

Konrad Yakabuski

TD Bank expands commitment to clean tech with ‘anchor’ investment in $165-million ArcTern fund

More stories below advertisement

Lexpert: Competition at the Bureau and in the Economy

Starlight eyes Toronto wealth manager Barometer

Lexpert: Reviewing the terms of engagement to avoid legal conflict

Lexpert roundup: Fédération des caisses Desjardins du Québec renews its €7-billion MTN program; Interfor Corporation reaches financial close on a $350-million financing

Sun Life Financial appoints Léo Grépin as new head of Asian business

How my great-grandfather’s Dofasco steel empire rose and fell, and his descendants with it

Zander Sherman’s great grandfather co-founded Dofasco, the company that built steeltown. He and his brother lived in a fairytale house, with everything money could buy. Then their house burned down, and so did everything else

Executive Survival Guide: International Edition

Whether you’re a seasoned leader or fresh out of undergrad, find the best executive education program for you and get valuable business etiquette tips

Trash talking: How Patrick Dovigi built Green For Life into a waste empire

Since Patrick Dovigi burst onto the scene in 2011 with a lowball bid for Toronto’s garbage routes, there have been whispers about how he did it. Now GFL is poised for one of the biggest IPOs in Canadian history

Developer, media mogul, retailer and philanthropist Thomas Fung on starting from the very bottom

The founder and CEO of Vancouver-based Fairchild Group slept under a stairwell as a kid and learned that being fair with partners, customers and family was a recipe for success

Download the September 2019 edition of Report on Business magazine

Read the full issue, exclusively for subscribers

Latest Business news

Couche-Tard wants to be a key player in North American cannabis market

September 18 Updated

Tim Hortons cutting Beyond Meat products from thousands of Canadian locations

September 18 Updated

Trump steps up battle with California over vehicle-emissions regulations

September 18 Updated

GM to lay off 1,300 workers at Oshawa assembly line as U.S. strike continues

September 18 Updated

Saudi market regulator in talks with Aramco on IPO rules

Workers at Brazil planemaker Embraer could begin strike on Monday

Slow progress reported in talks as General Motors strike enters third day

U.S. housing starts, building permits race to 12-year high

September 18 Updated

Video

OxyContin maker files for bankruptcy

Purdue Pharma, the company behind OxyContin, filed for bankruptcy protection Sunday night (Sept. 15), amid more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.

Light work: How a roll of film is processed

In the lab at Toronto's Downtown Camera, the staff is busy fulfilling developing and scanning jobs for photographers who are shooting on film. Here's a peek at how they processed a roll of Portra 800 120mm for The Globe's story on the expansion of the store to meet the growth of film usage.

Canada in 25 Years: Bob Dhillon on scaling Canadian business

Video: Learn to shake hands like a real leader

Globe Careers talked with Louise Fox of The Etiquette Ladies to find out how to make a great impression with your handshake

'We choose to go to the moon,’ remembering JFK’s bold call to action

In 1962, President John F. Kennedy declared, "We choose to go to the moon." Just seven years later, the first steps were taken on the lunar surface by Apollo astronauts Neil Armstrong and Buzz Aldrin.

Video: Drawing Conclusions: How much does it cost to break a mortgage?

Personal finance expert Preet Banerjee explains the two formulas you need to know: Three Months' Interest and Interest Rate Differential (IRD)

Saudi energy minister says oil supplies restored after attacks

Oil prices tumbled about 6% on Tuesday after Saudi Arabia’s energy minister said the country has managed to restore oil supplies to where they stood before weekend attacks on its facilities shut 5% of global oil output.

In case you missed it

Investor Newsletter

Wall Street turns against dividend stocks, the strangely quiet TSX, and the last 3% GIC is about to disappear

Why venture capital firms need more women partners and entrepreneurs

Lauren Robinson

Beer is turning industrial streets into thriving neighbourhoods

U.S. withdrawal from postal treaty could have implications for Canadian e-commerce businesses

More stories below advertisement

More business news

Bianca Andreescu, Canada’s first Grand Slam singles champion, a ‘hot commodity’ in global sponsorship

Slack loss forecast bigger than expected; shares plunge

MAT chance: Hotel owners take a stand against Ontario’s new hotel tax

International Business

Airbus revises up jet demand, warns of ‘lose-lose’ tariff war

General Mills shares fall as quarterly sales miss estimate

Lone Boeing 737 Max flew in Canadian airspace for pilot checks during grounding

Small businesses surprised about delay of carbon-tax funded grants

U.S. withdrawal from postal treaty could have implications for Canadian e-commerce businesses

Small businesses with ‘reduced scent environments’ face tricky conversations with customers

How halting self-doubt in its tracks can help you achieve your goals

Instead of limiting screen time, encourage children’s love of reading

What the Fogo Island Inn taught me about workplace culture

ROB Features

Sign Up for Business and Investing newsletters

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2019.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).