Markets
Cautious BoE warns on "Fog of Brexit"
The Telegraph newspaper reported late on Tuesday that the delay would postpone Brexit to May 24. The EU on Friday urged British Prime Minister Theresa May to grasp an offer from the Labour opposition to break an impasse over Brexit, but that would reverse May's determined position. [Full Article...]
Canada blows past forecasts by adding 67,000 new jobs in January
Like B.C., the gain in unemployment came as more people entered the workforce. That's because an increasingly large portion of the population is longer attached to the labour force, either through full- or part-time employment or by looking for work. [Full Article...]
UK's Ocado Expects Total Loss of $58M Distribution Center After Huge Fire
At the height of the fire, more than 300 firefighters worked to tackled the flames. On Friday morning, the service said about 10 firefighters remained at the warehouse on Walworth Industrial Estate but at 16:00 GMT it said the incident had "come to an end" and the site had been "handed back to the owners". [Full Article...]
SSE cuts earnings outlook over lost customers
One is that the warning is linked to an European Union court ruling which has forced the UK Government to halt payments under a scheme which paid the likes of SSE to provide back up power capacity at times of high demand. SSE said it was assessing options for its domestic supply business. " SSE has a clear strategy and good long-term prospects for its high-quality core businesses and assets ... [Full Article...]
Cryptocurrency fans are just loving the Wells Fargo banking outage
On its Facebook page, Wells told customers late Thursday that the problems were "a contained issue affecting one of our facilities, and not due to any cybersecurity event or attack". In response to the power shutdown, applications were systematically re-routed to backup data centers through Thursday. The incident happened at a data center in Minnesota at around 5 a.m. [Full Article...]
Automakers recall 1.7 million cars with fatal airbags made by Takata
It's just the latest round of recalls in the wake of revelations that Takata's airbag inflators can explode, hurling shrapnel into drivers and passengers. Tesla singled out examples of the Model S manufactured from 2014 to 2016. If you do an have an affected Tesla , head here for details on how to get your airbag inflator replaced. [Full Article...]
TSA confiscated record number of guns from carry-ons in 2018
Hartsfield-Jackson Atlanta International Airport set the record - 32 - for the most carry-on firearms discovered in a month. "Eighty-six percent of firearms detected at checkpoints past year were loaded and almost 34 percent had a bullet in the chamber". [Full Article...]
Coca-Cola Introduces New Flavor
The soda company announced the first new Coke flavor in more than a decade: Orange Vanilla Coke and Orange Vanilla Coke Zero Sugar. While the flavor is here to stay, Coke's 12-ounce "sleek" cans - the tall, skinny ones - will only be available from March through May. [Full Article...]