13 and 4: Real estate’s unlucky numbers and what some cities are doing about it

13 and 4: Real estate’s unlucky numbers and what some cities are doing about it
TORONTO — It’s an open secret among real estate agents that in certain communities, condo units on the fourth floor can take longer to sell. “When I was younger, I didn’t believe any of these things. I thought it was just BS,” said Tina Mak, a Vancouver-area real estate agent who has been in the business for nearly 30 years. “You... Read More

Where are the drones? Amazon’s customers are still waiting

Where are the drones? Amazon’s customers are still waiting
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now. Amazon customers are still waiting. And it’s unclear when, if ever, this particular order by the company’s founder and CEO will arrive. Bezos made billions of dollars by transforming the retail sector. But overcoming the regulatory hurdles and safety issues posed... Read More

Labour movement is in the fight for its life, say experts

Labour movement is in the fight for its life, say experts
TORONTO — The latest battle to save thousands of auto jobs in Ontario is but one of many Canada’s largest private sector union will likely have to fight as automation, technology and globalization increasingly change the face of manufacturing, experts say. The decline of the sector — and the resulting job losses — started long before General Motors announced its plan to shutter its assembly plant in Oshawa, Ont., —... Read More

Make sure your holiday budget includes more than just gifts, experts say

Make sure your holiday budget includes more than just gifts, experts say
OTTAWA — The holiday season comes every year and so too the warnings of overspending, but the consequences of a financial hangover this year are growing compared with just a few years ago. As the Bank of Canada continues to raise its key interest rate target, the cost to borrow using variable-rate loans like home equity lines of credit has... Read More

With new Egypt capital being built, what becomes of Cairo?

With new Egypt capital being built, what becomes of Cairo?
CAIRO — Billboards across Cairo advertise luxury homes with “breathtaking” views in compounds with names like “La Verde” or “Vinci” in Egypt’s new capital that is under construction in the desert, miles from the Nile-side city which has been the seat of power for more than 1,000 years. Often, what lies behind the billboards are Cairo’s most overcrowded neighborhoods, with... Read More

Big question for Amazon’s 2 chosen cities: Will it pay off?

Big question for Amazon’s 2 chosen cities: Will it pay off?
WASHINGTON — The awarding of Amazon’s second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost? Amazon’s decision will bring to Arlington, Virginia, and the Long Island City section of New York a combined 50,000 jobs and $5 billion in investment over... Read More

Melinda Gates speaks on smoothing the shift to digital age

Melinda Gates speaks on smoothing the shift to digital age
NUSA DUA, Indonesia — Instead of destroying jobs and leaving legions of people without work, the digital revolution can open doors to unseen opportunities and industries, but only if everyone has access to the internet and the ability to use it, Melinda Gates said in a recent interview with The Associated Press. The Bill and Melinda Gates Foundation has joined... Read More