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Sabtu, 14 September 2019

Target 20th Anniversary Collection is live but some items are already selling out online - USA TODAY

Kelly Tyko USA TODAY

Published 5:19 AM EDT Sep 14, 2019

Target shoppers stayed up late or woke up early to shop the retailer's 20th Anniversary Collection online, which went live at 3 a.m. EDT Saturday.

Some early shoppers said on social media they were able to get most if not all items on their list and check out in minutes.

"I got everything that I wanted for myself and my daughter," Twitter user @JulieSuchard wrote. "This was the best roll-out I have experienced with the designer collaborations."

Others reported finding items removed from their cart in checkout, a few minutes into the sale. Plus size dresses were among the first to sell out from the Lilly Pulitzer collection.

Target brought back nearly 300 of the most popular items from over 20 years of designer partnerships, including Lilly Pulitzer, Missoni, Isaac Mizrahi, Anna Sui, Zac Posen and Hunter. The collection spans apparel, home décor and kitchen essentials, with prices ranging from $7 to $160.

Shoppers are now expected to head to stores, which open at regular time Saturday and will carry the collection.

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Selection will vary by store and crowds are expected early Saturday morning, which has happened with past designer collaborations including the summer-inspired Vineyard Vines for Target collection in May.

Designer collections and items will vary by store, especially with plus size items. Use Target's online design partner finder to see what brands each location will carry for plus size.

There's a limit of five of the same items per size and color and items are available while supplies last.

Happy shoppers

Here are some positive tweets from shoppers who told Target about their experience early Saturday:

Other reactions

Tell us your experience

Email ktyko@usatoday.com or tweet to her @KellyTyko. Share your photos from your in-store shopping experience too.

This story will be updated.

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko

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https://www.usatoday.com/story/money/2019/09/14/target-designer-collection-2019-shoppers-scooping-up-designer-brands/2313995001/

2019-09-14 08:30:00Z
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'A giant question mark': can WeWork's Adam Neumann reassure investors? - The Guardian

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https://www.theguardian.com/business/2019/sep/14/wework-adam-neumann-ipo-value-investors

2019-09-14 05:00:00Z
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Jumat, 13 September 2019

Ontario judge grants pot shop licensing stay, rejected applicants seek review - GuelphToday

TORONTO — An Ontario judge has paused the licensing process for the province's latest round of cannabis retail stores.

Superior Court Justice David Corbett granted a two-week stay, which was requested by a group of 11 people who won the government's licence lottery but were later disqualified.

The 11 applicants are requesting a judicial review of their rejection, as well as the procedures involved in the lottery that has been used to grant all Ontario's cannabis retail licences.

The Alcohol and Gaming Commission of Ontario said last month the group had failed to meet a deadline to file documents required for their applications to proceed. The group disputes that finding.

Corbett's stay takes effect Thursday. Arguments are to be heard on Sept. 25.

During the hearing lawyers for the commission said putting licensing on hold would "impact the integrity of the process" and be unfair to the others seeking to apply.

Lawyer Judie Im said that after the group was disqualified, 11 others were selected from a waiting list and given the chance to apply. She noted a stay would affect those applicants.

"This whole thing is interconnected," she said.

Robin Linley, who represents some of the newly chosen applicants, said his clients have already taken steps to meet the application criteria and deadlines.

But lawyers for the 11 eliminated applicants argued the decisions of the new applicants should have no bearing on their clients and their challenge.

Also at issue is whether the province's cannabis law would allow the rejected applicants to sue the Crown for damages.

Lawrence Gridin, who represents the group, said the legislation precludes such action, which means his clients have no other recourse. Im, however, said that's not the case.

The judge said that issue affected his findings as to whether the group risks irreparable harm if a stay isn't granted.

The Ontario government has so far held two rounds of the lottery to determine who can apply to open cannabis stores — the first with 25 spots and the second with 42.

Lottery winners have five business days to turn in their application along with a $6,000 non-refundable fee and a $50,000 letter of credit.

The latest lottery means the number of pot shops allowed in Ontario will rise to 75 later this year, though the challenge filed by the 11 may affect the allocation of licences.

Another eight stores will be situated on First Nation reserves and are being approved through a separate process.

- Paola Loriggio, The Canadian Press

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September 13, 2019 at 09:10PM

Financials help push index in Toronto to record high, U.S. markets mixed - CP24 Toronto's Breaking News

Armina Ligaya, The Canadian Press
Published Friday, September 13, 2019 8:50AM EDT
Last Updated Friday, September 13, 2019 5:45PM EDT

TORONTO - Canada's main stock index hit a new record high, fuelled by gains in the financial sector and fresh signs of easing trade tensions between the U.S. and China, but U.S. major stock indexes ended the day mixed.

The TSX surged for the second day in a row as China announced that it would lift punitive tariffs imposed on U.S. soybeans, pork and some other farm goods, the latest olive branch extended between the two major economic powers.

Much talk about recession fears in recent weeks has now given way to renewed optimism about the U.S.-China trade relationship, and room still remains for stocks to go even higher, said Allan Small, senior investment adviser at HollisWealth.

“As long as the trade talks progress, we can go higher.... A lot of people thought we were in the ninth inning and the game is almost over,” he said. “I don't think so. I think we can grind higher for the foreseeable future, based on favourable trade conditions with China.”

The S&P/TSX composite index closed up 39.14 points at 16,682.42, after trading as high as 16,756.11 earlier in the morning. That surpassed the intraday record of 16,696.40 and the previous best-ever close of 16,669.40.

The announcement by a Chinese state news agency that it “supports domestic companies in purchasing a certain amount of U.S. farm produce” comes after President Donald Trump decided Wednesday to postpone a tariff hike on Chinese imports from Oct. 1 to Oct. 15.

U.S. markets, however, were a mixed bag amid a slide in technology stocks.

In New York, the Dow Jones industrial average closed up 37.07 points at 27,219.52, helped by industrial stocks such as Boeing.

The S&P 500 index closed down 2.18 points at 3,007.39, while the Nasdaq composite closed down 17.75 points at 8,176.71.

Shares of Apple Inc. slipped by 1.94 per cent to $218.75 on the Nasdaq as the iPhone maker and other large technology companies were asked Friday for documents as part of a Congressional antitrust investigation.

Broadcom Inc.'s shares were also under pressure after the chipmaker signalled it expected weak demand ahead.

While U.S.-China sentiment is improving, the unclear outlook has weighed on the semiconductor industry.

“Their outlook for the future still is uncertain, because they do a lot of business in China... And that took down a lot of the semiconductor (stocks),” Small said.

Meanwhile, the Canadian dollar traded for 75.43 cents US, down compared with an average of 75.73 cents US on Thursday.

The October crude contract was down 24 cents at US$54.85 per barrel and the October natural gas contract was up four cents at US$2.61 per mmBTU.

The December gold contract was down US$7.90 at US$1,499.50 an ounce and the December copper contract was up 5.90 cents at US$2.70 a pound.

The TSX's fresh high was led by financial sector, which rose 0.78 per cent as mortgage lender Home Capital Group Inc. rose 1.73 per cent amid talk on the campaign trail of an expansion to the first-time homebuyers program.

Overall, markets were a “mixed bag” as technology headwinds offset solid gains in the financial sector and industrial stocks, said Small.

Still, there is room for the TSX to reach beyond the 17,000 mark for the first time, depending on how U.S.-China trade talks progress.

“The talk changes very quickly, and that just goes to show you how much the world, and investors, are paying attention to these trade negotiations.”

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September 14, 2019 at 04:45AM

Streaming services compared, including Netflix, Disney+ and more - digitalspy.com

Canadian household debt-to-income ratio rises in Q2 - BNNBloomberg.ca

Household debt levels in Canada continue to tick higher, according to the latest figures from Statistics Canada.

Canadians owed roughly $1.74 in credit market debt in the second quarter, which includes consumer credit, mortgages and non-mortgage loans, for every dollar of household disposable income, the agency said Friday. This marks a modest uptick from the first quarter when the non-seasonally adjusted ratio sat at roughly $1.73.

The Bank of Canada has repeatedly pointed to household debt as a key area of concern for the Canadian economy.

"Policy-makers no doubt will find something to like in these numbers. Yet we're still a long distance from writing off household debt from the list of top vulnerabilities for Canada's economy," said Robert Hogue, a senior economist at Royal Bank.

Pattie Lovett-Reid: Status quo on rates a wakeup call to mind your debt

CTV's Chief Financial Commentator Pattie Lovett-Reid warns on the dangers of complacency when it comes to managing your debt after the Bank of Canada held rates steady and signalled lower rates ahead.

On a seasonally adjusted basis, total credit market borrowing increased to $23.5 billion including $14.8 billion in mortgage borrowing in the quarter. That compared with a total of $18.9 billion in the first three months of the year when mortgage borrowing accounted for $13.1 billion.

The household debt service ratio, measured as total obligated payments of principal and interest on credit market debt as a proportion of household disposable income, edged up to a record 14.93 per cent of household disposable income in the second quarter compared with 14.87 per cent in the first quarter.

TD Bank senior economist Brian DePratto said the recent strength in the real estate market was reflected in the data, noting the growth in mortgage debt.

"While falling borrowing costs likely helped demand for housing, they haven't translated fully into servicing costs, which rose just a bit higher in the second quarter to break through the record last set in late-2007," DePratto said.

"However, this uptrend is unlikely to persist much longer given five year bond yields and mortgage rates that are back at or below five-year-ago levels."

Total credit market debt amounted to $2.25 trillion in the second quarter including nearly $1.47 trillion in mortgage debt and $782.9 billion in consumer credit and non-mortgage loans.

With files from BNN Bloomberg

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September 13, 2019 at 11:31PM