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Year: 2022

IKEA calls 2022 an ‘exceptional year’ despite challenges

STOCKHOLM (AP) — Swedish home furnishings giant IKEA says that despite “unprecedented challenges” caused by the war in Ukraine, supply chain disruptions, increased inflation and lingering fallout from the COVID-19 pandemic, 2022 had been an “exceptional year.” IKEA on Thursday reported a 5.6% increase in retail sales this financial year. The chief executive of the

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Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years

CNN, CNN BUSINESS By Tami Luhby, CNN Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday. The spike will boost retirees’ monthly payments by $146 to an estimated average of $1,827 for 2023. The hefty increase, which follows a 5.9%

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Weather forces delay for NASA astronauts returning from space station on SpaceX capsule

By Jackie Wattles, CNN Four astronauts are scheduled to return home from the International Space Station this week, capping off a nearly six-month mission in space, but rough weather at the crew’s splashdown site is forcing a delay. The astronauts — NASA’s Kjell Lindgren, Bob Hines and Jessica Watkins, as well as Italian astronaut Samantha Cristoforetti with the European

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Prominent Afghan women’s rights activist denied refugee admission into Canada, upsetting sponsors

By Alexandra Mae Jones, CTVNews.ca writer and Judy Trinh, CTV National News, Ottawa Correspondent Click here for updates on this story     Toronto, Ontario (CTV Network) — In one of the latest disappointment in Canada’s efforts to aid Afghan refugees, a prominent Afghan women’s activist has had her temporary resident permit application denied, seemingly because of

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Millennials and Gen Z leading the shift in the ‘side hustle’ economy, survey shows

By Natasha O’Neill, CTVNews.ca writer Click here for updates on this story     Toronto, Ontario (CTV Network) — The younger generations are spearheading the “micro-entrepreneur economy,” according to a recent survey by RBC. Released last month, the Small Business survey reveals that 74 per cent of Canadian small business owners and aspiring entrepreneurs are motivated to

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