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Three quick facts about the government's new Canada child benefit

The Prime Minister, Justin Trudeau, today announced that the first payments have now been made under the new Canada Child Benefit (CCB ). The CCB is non-taxable, which means every cent you receive is yours to keep and does not have to be reported as income on your tax return.

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Interactive Financial Advisors Exits Position in QUALCOMM (QCOM)

The company also forecast revenue between $5.4 billion and $6.2 billion. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.33 billion. Its EVP, Qualcomm Technologies Inc GROB MATTHEW S sold 10,000 company shares for $552000.5, in a transaction on 2016-05-24. Analysts had expected QUALCOMM, Inc .

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Enbridge to pay $62 million fine, $120 million costs for Michigan spill

The settlement announced Wednesday includes US$ 61 million in fines for violations of the Clean Water Act related to a pipeline spill near Marshall, Mich., that sent more than 3.19-million litres of crude into the Kalamazoo River - resulting in one of the costliest onshore oil spills in USA history.

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HSBC Banker Arrested at JFK in Foreign Exchange Probe

Federal prosecutors say 50-year-old Mark Johnson was arrested Tuesday night at Kennedy Airport. A senior HSBC executive has reportedly been arrested in NY for his alleged role in a conspiracy to rig global currency markets. The two men allegedly generated 8 million USA dollars (£6 million) in profits from the transaction. Five banks paid billions in fines and four pleaded guilty to criminal charges in May 2015 as part of the Justice Department's piece of that investigation.

Business

Royal Mail revenues rise 1% in 'quieter period'

This was referred to in the update, which revealed a 2pc decline in addressed letter volumes. Political parties bombarding Britons with campaigning pamphlets meant fuller sacks for its posties, albeit not enough to reverse an overall slip in its United Kingdom revenues, which fell 1% in the three months to July.

Business

Goldman Sachs' second quarter profit jumps 78%

Tower Research Capital LLC TRC increased its stake in Goldman Sachs Group by 2,755.1% in the fourth quarter. Goldman's shares, part of the Dow Jones industrial average.DJI, rose 0.3 percent in early trading. The firm has a 50-day moving average price of $151.14 and a 200-day moving average price of $155.74. The firm's net earnings were $1.82 billion. Goldman Sachs Group Inc (NYSE:GS) 52-week high is $214.61 and the 52-week low is $138.20.

Business

Bank of America second-quarter revenues off 7.2% from last year

The investment management company has sold out 18,600 shares of Bank of America Corp which is valued at $249,984. Bank of America's adjusted trading revenue increased 11.7 per cent to US$3.70 billion in the quarter. Analysts' estimates typically exclude special items. Shares of Bank of America Corp . Bank of America Corporation's (BAC ) price volatility for a month noted as 2.31% however its price volatility for a week documented as 1.60%.

Business

13ft hole under railway track brings more chaos for Southern passengers

A spokesperson from Southern Rail said: "Southern services into and out of London Bridge are severely disrupted with many services diverted, starting/terminating short of their destinations or cancelled". "We apologise sincerely for the disruption and assure passengers both Network Rail and Thames Water are working as hard as possible to restore the railway to full capacity".

Business

IMF says Brexit will drag down world economic growth

The fund sees the Japanese economy growing 0.3 per cent this year, down 0.2 percentage point from April's projection, as the appreciation of the yen wipes out the benefits of a delay in increasing the nation's consumption tax. It shows global growth at 2.9 per cent in 2016 and 3.1 per cent in 2017. On the other hand, International Monetary Fund slightly revised China's growth by 0.1 percentage points for 2016 and retained it for 2017.

Business

How to Fix Pokemon GO's Google Permissions Bug Manually

After launching just last week, Pokemon Go is on almost 6% of Android devices, outpacing some of the most popular apps in the world like Netflix, Pandora, Twitter and Tinder. If you've gotta catch 'em all, do so safely. Winnipeg police and Manitoba RCMP sent out similar missives, urging players to be responsible. You can not be too late to start this game.

Business

What does the world think of Boris Johnson as Foreign Secretary?

His predecessor in the job was Philip Hammond, who was named finance minister on Wednesday. During his time as foreign minister, Hammond dealt with the Ukraine crisis, Syria's civil war and negotiations that led a year ago to a six-power agreement with Iran to scale back its nuclear programme.

Business

Citi beats on Q2 earnings

Citicorp, the company's largest unit that runs its core businesses in consumer banking, credit cars and institutional client services, reported a 3% revenue decline to $16.7 billion. Interestingly, Citigroup has been able to surpass analysts' earnings expectations in the past eight quarters. Last year the bank turned in its biggest annual profit in almost a decade, but its share price has fared badly so far this year.

Business

US Consumer Prices, Retail Sales Rose in June

WASHINGTON-A key measure of US inflation rose in June for the fourth straight month, the latest indication that the effects of low energy prices and a strong dollar are fading. stock market rally, could allow the Federal Reserve to raise interest rates later this year. It said the compelling reason for an August 9 RBI rate cut is that a good monsoon should douse agflation (agriculture driven inflation) - a 5 per cent change in food prices swings CPI inflation by 250 basis points.

Business

Herbalife Will Pay $200 Million For Its Sketchy Business Model

ABC News found that almost 600 independent distributors of the diet and nutrition sales brand Herbalife had been disciplined by the company in 2013 for making medical claims when selling the company's weight-loss shakes and supplements, despite company policies aimed at preventing such tactics.

Business

Home Prices Rise, Condo Prices Fall In Winnipeg

New statistics show home prices in Hamilton jumped 9.6 per cent in the second quarter compared to a year ago. The report on the modest second-quarter price increase comes on the heels of the Winnipeg Realtors Association report, which indicated that May and June were the second- and third-busiest sales months in Winnipeg's history.

Business

Tesla says it hasn't been informed of SEC investigation

NHTSA is conducting its own separate investigation, and the National Transportation Safety Board also is looking into the crash. Since the fatal crash was disclosed, two other non-fatal crashes occurred that may have involved Autopilot.

Business

Defense rests for Lt. Brian Rice in Freddie Gray trial; verdict near

Lt. Brian Rice, the highest-ranking officer charged in Gray's death, is facing charges of manslaughter, assault, reckless endangerment and misconduct in office. The state argued Gray was injured earlier and he got progressively worse during the van ride and needed immediate medical help. Officer Caesar Goodson remains suspended, but now his pay is being restored pending an administrative review.

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Juno Therapeutics rallies as cancer drug trial is allowed to restart

The percentage change in the price over the last fifty two weeks remained -22.57%. "I don't think this is a huge setback", Dr. Otis Brawley, chief medical officer for the American Cancer Society, told Healthline. The leukemia drug is called JCAR015, an experimental therapy developed by the company as a treatment for for adults with relapsed or refractory B cell acute lymphoblastic leukemia.

Business

Taylor Swift tops Forbes' list of highest-paid celebs

Rockers AC/DC were the highest paid Australian celebrities, sitting at 17th place on the list after earning $US67.5 million in the past year, according to Forbes . Adele also scored highly, coming in at ninth place thanks to earnings of $80.5 million. Forbes made the decision to feature Kim Kardashian on the cover of the magazine containing the list despite the fact that she was only number 42 with $51 million earned.

Business

Britain's Next Prime Minister Will Be A Woman

Under contest rules, Gove is now eliminated , while May and Leadsom will face one another in a vote of the 150,000 party members. The victor will be declared on September 9. May campaigned for the "remain" vote in the referendum, whereas Leadsom backed a British exit, or "Brexit", from EU. Michael Gove's bid to become prime minister ended in failure yesterday as Tory MPs voiced concerns about his knifing of Boris Johnson .

Business

Happy 7-Eleven! Here's how to get a free Slurpee

Luckily, the chain doesn't expect you to drink all those Slurpees at once. To find a participating 7-Eleven location near you, you can use the 7-Eleven store locator. Those participating in free Slurpee day have dozens of flavor options to chose from. Flavors may vary from store to store. The Slurpee Drink is named after the sound made when drinking it.

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Israeli PM: Africa has no better friend than Israel

Israeli Prime Minister Benjamin Netanyahu, now in Kenya, will hold bilateral talks with President Uhuru Kenyatta on counter-terrorism, energy and agriculture, amid tight security. Although the rescue mission breached Uganda's territorial integrity, Amin, who had taken power by force and ruled as a dictator, had become an increasingly isolated figure and would soon be forced out of power with the help of Tanzanian forces.

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Family of slain Louisiana man denounces Dallas police deaths

Brown said at a prayer service Friday that the attack was "well planned" and that the force "won't rest until we bring everyone involved to justice". Organizations said they wanted the department's attention and chose to move to the headquarters because they felt as if they were not being heard at their previous spot near the store.

Business

Boris Johnson supports Andrea Leadsom in Tory race

There were major drops in property companies' shares. The Bank of England said that, despite a severe hit to the pound and falls of up to 20 percent for bank shares since the referendum, the banking sector has so far proved resilient, with little sign so far of a credit squeeze.

Business

What to expect during the Juno mission — Destination Jupiter

Jupiter differs dramatically from Earth. During the encounter, Juno will fire its main engine for about a half hour to slow down. Way out in space, so far that it takes a message almost an hour to reach earth, the Nasa craft Juno is doing what the classical mythologists anticipated.