economy

Kelowna, BC tourism sector recovers to ‘near pre-pandemic levels’ – Okanagan

Kelowna, BC tourism sector recovers to ‘near pre-pandemic levels’ – Okanagan

It’s no secret that Kelowna’s tourism industry is vital to its economy. According to Tourism Kelowna, approximately two million visitors come here annually and generate over $400 million in direct spending in local businesses. The organization’s president and CEO says while the past two years have been difficult for the tourism sector due to COVID …

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Business Highlights:  Starbucks and NRLB, China rate cut

Business Highlights: Starbucks and NRLB, China rate cut

___ Starbucks asks labor council to temporarily halt union vote SEATTLE (AP) – Starbucks is asking the National Labor Relations Board to halt all union elections at its U.S. stores. The request was made Monday in response to allegations by a board employee that regional NLRB officials improperly coordinated with union organizers. In a letter …

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The nation’s top consumer watchdog wants to protect your personal data and digital wallet |  Business

The nation’s top consumer watchdog wants to protect your personal data and digital wallet | Business

Rohit Chopra heads the Consumer Financial Protection Bureau (CFPB), the federal agency tasked with protecting consumers and their money. In recent years, the CFPB has sued student loan servicers, investigated mortgage and other loan modification or discriminatory lending, and is now focusing on buy-now, pay-later companies, payment programs and data collection by Big Tech. Chopra, …

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Many of China’s problems are crippling small businesses and startups

Many of China’s problems are crippling small businesses and startups

Text size China’s economic woes and the Covid outbreak are among the reasons the country’s small businesses and startups are suffering. Jade Gao/AFP via Getty Images. Overshadowing the headline-grabbing stories of China’s dire economy, Covid outbreaks and tensions with Taiwan are the devastating effects of the country’s woes on smaller businesses and start-ups. Abundant recent …

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Conference tourism in Rwanda registered 383% growth

Conference tourism in Rwanda registered 383% growth

Rwanda is aiming to fully recover from the impact of the Covid-19 pandemic on the country’s conference tourism, said Nellie Mukazaire, CEO of the Rwanda Convention Bureau (RCB). In the last fiscal year, more than $38.5 million was raised in 86 conferences that attracted more than 18,400 foreign visitors. The prospect represents a record increase …

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Samsung’s pardon reveals Koreans’ love-hate feelings for the wealthy |  Business and economy

Samsung’s pardon reveals Koreans’ love-hate feelings for the wealthy | Business and economy

Seoul, South Korea – When US President Joe Biden visited South Korea in May, his first stop was the giant Samsung Electronics semiconductor factory south of Seoul. As Biden’s tour guide, Lee Jae-yong, the de facto leader of South Korea’s largest conglomerate, Samsung, which has ramped up chip production in recent years to maintain its …

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Indian travelers are more confident than Japanese and Australians

Indian travelers are more confident than Japanese and Australians

For the most part, residents of the Asia-Pacific region can travel again. But some are more confident in their packing than others. Travel trust is “diverse and nuanced” across the region, according to a new study commissioned by travel website Booking.com. About 11,000 people in the region were surveyed about their comfort levels and concerns, …

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3 takeaways from the Investing Club “Morning Gathering” on Wednesday

3 takeaways from the Investing Club “Morning Gathering” on Wednesday

Each day of the week CNBC Investing Club with Jim Cramer holds a live stream “Morning Meeting” at 10:20 am ET. Here’s a recap of Wednesday’s key moments. Financials Win From Cooling Inflation Short Quotes: LIN, CRM, WYNN Disney Needs To Talk More Than Stream 1. Financials Are The Big Winners Today Stocks rose Wednesday …

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MUSIC WITH A MESSAGE: Kingdom Bound Concert August 20-21 at Riverview Park |  Local news

MUSIC WITH A MESSAGE: Kingdom Bound Concert August 20-21 at Riverview Park | Local news

CLINTON — When John Dale was growing up in Erie, Illinois, he loved listening to 1980s rock and going to concerts. Now, some three decades later, Dail is the mastermind behind Kingdom Bound, his first two-day Christian music festival at Clinton’s Riverview Bandshell. A total of 13 acts are scheduled to perform on August 20 …

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