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The Stranger in Seattle Gets a New Owner, With Plans for Expansion

Noisy Creek, a new media company, has bought The Stranger and The Portland Mercury, two of the country’s best known alternative weeklies.

By Katie Robertson

For decades, many American cities had at least one thriving alternative-weekly newspaper chronicling the local art and music scene and reporting on the community.

Many of those publications withered in recent years, but two of the country’s best known alt-weeklies, The Stranger in Seattle and The Portland Mercury , now have plans for expansion.

Noisy Creek, a new company put together by Brady Walkinshaw, a former chief executive of the nonprofit climate news website Grist and a former Democratic legislator in Washington State, said on Tuesday that it had purchased The Stranger and The Portland Mercury, as well as the events site EverOut and the ticketing business Bold Type Tickets, from Index Newspapers.

Mr. Walkinshaw declined to disclose the financial details of the purchase, but he said that he was the majority shareholder. Index will keep a 20 percent stake in the company. A group of about 20 individual investors helped finance the deal, Mr. Walkinshaw said.

Mr. Walkinshaw said he planned to hire more people and grow the editorial budgets at the publications. He also said that all of the current employees had been offered jobs at the new company. Hannah Murphy Winter, a former Rolling Stone editor, will become the editor in chief of The Stranger.

“Alternative weeklies at their best can really, in an edgy, provocative way, be the gateway to what people do culturally in a community, whether it’s music, art, performance,” Mr. Walkinshaw said.

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Telus adds small business plans to its two-year contracts

As Telus Corp.’s two-year plans kick in today, the wireless provider has now launched two-year plans for small businesses, which include shared nationwide minutes, shared data, and some room for roaming for companies who send employees to the U.S.

While the wireless provider announced its two-year consumer plans about two weeks ago, replacing all three-year plans, the small business plans are a new addition to the Telus roster.

Starting at $40 for 500 shared minutes among devices in one account, some of the plans include 50 megabytes (MB) of data, 50 minutes of air time, and unlimited texting while employees are in the U.S. The other option for U.S. roaming is 200 MB of data, 200 minutes of air time, and unlimited texts.

The wireless provider also added some tweaks to its two-year consumer plans. Today Telus also announced a price cut for its higher-end data plans. Three gigabytes (GB) of data will now run customers $50, as opposed to $60, while 6 GB is priced at $75 instead of $100. The 10 GB plan is now at $100, scaled back from $150.

And for customers who don’t want the unlimited talking and texting bundle added to their shared data plans, Telus rolled out three Lite plans for air time, texts, and data. Those run between $35 to $55.

As the Canadian radio-television Telecommunications Commission made new rules on contracts in June, deciding that consumers can now terminate wireless contracts after two years, Telus wasn’t the only one to announce it was switching over to two-year contracts instead of holding Canadian consumers to three years.

Earlier this month, BCE Inc. (Bell) and Rogers Communications Inc. both announced they’d also be shifting to two-year plans, with Bell rolling out its new contracts July 17, and Rogers following suit Aug. 9.

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Stores lure back-to-school shoppers with deals and ‘buy now, pay later’ plans

Za’kyra Davis looks at items from Walmart’s No Boundaries brand at a Walmart Superstore in Secaucus, New Jersey, Thursday, July 11, 2024. Walmart relaunched No Boundaries, its 30-year-old brand for teenagers and young adults, earlier this month with a new 130-piece fall collection. (AP Photo/Eduardo Munoz Alvarez)

Shoppers pass clothing from Walmart’s No Boundaries brand at a Walmart Superstore in Secaucus, New Jersey, Thursday, July 11, 2024. Walmart relaunched No Boundaries, its 30-year-old brand for teenagers and young adults, earlier this month with a new 130-piece fall collection. (AP Photo/Eduardo Munoz Alvarez)

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NEW YORK (AP) — Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices. To seal the deal, they are marketing “buy now, pay later” services as a way for customers to spread out the cost of going back to class in style.

The strategies for securing sales are on display to coax consumers, particularly those in lower income brackets, into spending during the retail world’s second-most important period behind the winter holidays, retailers and analysts said. Various forecasts project back-to-school sales this year will be about the same or lower than last year.

Even as inflation has come down, the costs of food, rent and other necessities remain much higher than before the coronavirus pandemic . High interest rates have made it more expensive to carry a credit card balance. Savvy shoppers across the income spectrum have proven willing to shop second-hand and to buy store labels and brands , which are typically cheaper than nationally advertised brands.

“Inflation is the main thing dictating the change in my spending,” Jasleen Reyes, 43, a mother of three who works as a hotel operations manager and lives in New York City’s Harlem neighborhood, said. “Before it wasn’t so bad. Now, I have to watch every dollar.”

For Reyes, that means looking for more discounts, particularly when it comes to getting sneakers and jeans for her children. She also planned to use a “buy now, pay later,” or BNPL, plan to buy a laptop for her 24-year-old son, a college student, and school uniforms for one of her teenage daughters.

Reyes estimates she will spend $3,200-$3,400 on back-to-school items this year, about $1,500 more than last year mainly because of the laptop. She uses credit cards but prefers the four installment BNPL option because it splits up her costs over two months, interest-free, instead of adding them to a monthly bill that would accrue interest if she were unable to pay off the balance right away.

Unlike gifting holidays such as Christmas and Valentine’s Day, the back-to-school period is dominated by spending on essentials like class supplies and replacing clothes and shoes that kids have outgrown.

But like the winter holidays , the back-to-school shopping season keeps starting earlier. One reason is Amazon’s Prime Day. Rivals hoping to capture some of the online behemoth’s momentum have helped make July a good month for discounts.

Target, for example, offered 20 school supplies, including notebooks and colored pencils, that together cost less than $20. The discount retailer moved the sale to the third week of June from the first week of July a year ago.

More people are using “buy now, pay later” services heading into the back-to-school season. In June, $6.75 billion worth of online purchases in the U.S. were made with BNPL services, a 14.3% increase from the same month a year ago, according to Adobe Analytics data.

Many shoppers appreciate the flexibility of “buy now, pay later,” but consumer advocates have expressed concerns that the growth of the payment method may reflect financial stress and ultimately leave Americans in more debt.

BNPL company Afterpay said millennials made a majority of the back-to-school-related purchases on the platform from April through June, followed by members of Generation X. Spending for back-to-school products grew across “accessories, apparel, electronics, footwear and home furnishings,” a company spokesperson said.

Afterpay data from May, June and July show a 65% year-over-year increase in backpack sales made through the company’s payment system, while sales of flashcards and electronic tablets grew by more than 50%. Sales of “school shorts,” “school skirts” and low-top sneakers purchased through Afterpay increased more than 100%.

The National Retail Federation forecasts back-to-school sales will reach $38.8 billion this year, the second-highest figure since the group started recording the figures in 2007. Last year’s $41.5 billion still holds the record.

“Households are dealing with inflation right now,” Jack Kleinhentz, the federation’s chief economist, said during a media briefing last week. “Even though it’s improving, they have to prioritize. They have to be more selective.”

Professional services and consulting company Deloitte estimates back-to-school spending will reach $31.3 billion, essentially unchanged from $31.9 billion a year ago.

Back-to-school shopping contributed to the record sales that Amazon reported from its 10th Prime Day event on July 16-17, with big spikes in spending for products such as backpacks, lunchboxes and stationary supplies, Adobe said. The tech company does not adjust its analytics data for inflation but said new demand, not higher prices, have fueled most increases in consumer spending this year.

Chummy Tees, an online T-shirt company based in Sonora, California, has been running more deals compared with a year ago, founder Josh Neuman said. He said the shopping frenzy kicked off in late June; last year, business picked up in mid-July and intensified in August, Neuman said.

“Seems like parents want to get ahead of the game to score the best deals and make sure their kids are set for the first day,” he said.

For the back-to-college crowd, dorm supplies e-tailer Dormify is playing to both ends of the budget, according to co-founder Amanda Zuckerman.

This season, Dormify created two different bundles, one for big spenders and one for customers on a budget. The 16-piece deluxe bundle starts at $329, while the “core” bundle starts at $199 and includes 27 items.

The retailer also has lowered the starting prices for some items. For example, comforters start at $69, $30 lower than a year ago.

Zuckerman said back-to-college spending, which usually kicks off in late May, kicked off this month. She thinks the late spending was due to the delays and glitches with the government’s Free Application for Federal Student Aid approval process after an updated version of the financial aid form was released.

The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism.

NatWest 'Tell Sid' retail share sale plans scrapped by chancellor

Rachel Reeves describes the previous government's proposal as a "bad use of taxpayer money" but says her administration still intends to return the high street bank to full private ownership by 2025-26.

By Daniel Binns, business reporter

Tuesday 30 July 2024 08:25, UK

NatWest has said it "welcomes" the government's commitment to returning it to full private ownership after the chancellor announced she was scrapping a retail share sale in the high street bank.

Rachel Reeves said the plans, announced by the previous Conservative administration, were a "bad use of taxpayer money" and suggested the bank's remaining state-owned stock would now be sold off to large, institutional investors instead.

Officials had been gearing up for a mass-market sale this summer, with shares offered to ordinary investors at a discount to the bank's prevailing share price, along with "bonus" share offers , to encourage take-up.

However, the rollout - which was due to be backed by an advertising campaign similar to the "Tell Sid" push that accompanied the sale of shares in British Gas following its denationalisation in the 1980s - was put on hold by Rishi Sunak's decision to call a sudden general election.

Read more: Why things look rosy for NatWest 12 months on from debanking crisis

The bank - formerly known as Royal Bank of Scotland - was at one stage 84% owned by the taxpayer after it was bailed out with a total of £46bn of public money in 2008 and 2009 during the financial crisis.

The Treasury has since been selling down its stake in the lender, with the state's stake dropping to below 20% in recent weeks.

However, it was estimated the retail share sale could end up costing taxpayers up to £450m.

The chancellor said the government still intended to "fully exit" its shareholding in Natwest by 2025-26.

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Speaking on Monday, she told the Commons: "But having considered advice, I have concluded that a retail share sale offer would involve significant discounts that could cost taxpayers hundreds of millions of pounds.

"It would therefore not represent value for money.

"It will not go ahead. It's a bad use of taxpayer money and we will not do it."

Read more from business: Evri to hire 9,000 new staff Half of UK TV and film staff out of work Royal Mail bidder talks over £3.6bn deal

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A NatWest Group spokesman said: "We welcome the chancellor's commitment to returning NatWest Group to full private ownership.

"This is a shared ambition that we believe is in the best interests of both the bank and all our shareholders."

Keep up with all the latest news from the UK and around the world by following Sky News

Last week, the bank revealed it had spent £24m on the scrapped plans, including advertising.

However, it is understood that some of that amount is expected to be re-used for general advertising uses, although the bill also covers legal fees and expenses.

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U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts

U.S. airlines are reducing their capacity through the end of the year in a bid to cool an  oversupplied domestic market  that has led to lower fares and reduced profits despite strong summer travel demand. For passengers, that could mean higher fares are on the way.

Over the last week, U.S. airlines had “one of the industry’s largest week-over-week capacity reductions,” shaving almost 1% off of their capacity planned for the fourth quarter, Deutsche Bank said in a note Sunday. Airlines now expect to grow flying about 4% year over year during the final three months of the year.

“Despite the sizeable overall reduction, we expect to see further cuts in the weeks ahead as carriers are expected to continue to refine their schedules,” Deutsche Bank airline analyst Michael Linenberg wrote in the note.

U.S. airline executives have noted strong demand but a domestic market that’s awash in flights, forcing them to dial back growth plans, which could drive up fares. The latest U.S. inflation report earlier this month showed airfare in June fell 5.1% from a year earlier and 5.7% from May.

Reducing capacity could drive up fares for consumers and boost airlines’ bottom lines, if travel demand holds up. Getting fares in the market that are profitable to airlines but palatable to consumers is crucial for the industry as  consumers have pulled back  on spending in other areas.

Third-quarter outlooks from  Delta  and  United  earlier this month  disappointed investors , but their CEOs said they expected capacity pullbacks across the U.S. industry to materialize in August, helping results.  Southwest Airlines  forecast a potential drop in third-quarter unit revenue, a measure of how much money an airline brings in for the amount it’s flying. The airline said last week it will finally ditch its iconic  open-seating model  and introduce extra-legroom seats to drive up revenue.

American Airlines  on Thursday reported a 46% decline in its second-quarter profit and said it plans to dial back its capacity growth in the coming months, expanding less than 1% in September over last year.

“That excess capacity led to a higher level of discounting activity in the quarter than we had anticipated,” CEO Robert Isom said on an earnings call last week. Overall, American plans to grow 3.5% in the second half of the year after expanding about 8% in the first six months of the year.

Low-cost and discount airlines have been more aggressive in cutting unprofitable routes and scaling back capacity. Those carriers plan to contract 2.2% in the fourth quarter from the same period of 2023, Deutsche Bank said.

JetBlue Airways , for example, has  culled  money-losing routes this year and deployed aircraft to more popular city pairs. The carrier is scheduled to report results before the market opens on Tuesday.

Spirit Airlines , meanwhile, warned of a  wider-than-expected loss  for the second quarter after nonticket revenue, which accounts for fees like checked bags and seating assignments, came in lighter than expected.

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WestJet and TELUS form partnership to revolutionize guest experience, including free inflight Wi-Fi, delivered by Starlink

Today, WestJet and TELUS unveiled the first step in a multi-year strategic partnership that will transform the inflight experience for WestJet guests by providing industry-leading, fast and free internet, presented by TELUS and delivered by Starlink onboard WestJet aircraft. This announcement marks the beginning of a fully integrated partnership between WestJet and TELUS, and a significant leap forward for the airline’s inflight connectivity.  

“Through our strategic partnership with TELUS, we are setting a new standard in the Canadian airline industry by offering Starlink’s revolutionary inflight connectivity, and thanks to TELUS we are able to bring this inflight experience to WestJet Rewards guests for free,” said John Weatherill, WestJet Group Executive Vice-President and Chief Commercial Officer.  

In the coming months, WestJet and TELUS will announce additional, exclusive benefits and perks for WestJet Rewards members and TELUS customers. 

“The future of inflight connectivity and entertainment is here, and we’re excited to enter this long-term partnership with WestJet to enhance the flying experience for guests and bring more value to WestJet Rewards members and TELUS customers, whether they are on the ground or in the air” said Zainul Mawji, Executive Vice-president and President, TELUS Consumer Solutions. 

WestJet will be the largest North American and first commercial Boeing 737 airline to offer inflight connectivity powered by Starlink’s best-in-class technology platform, which includes the world’s largest satellite constellation. Starlink was selected as WestJet’s new inflight technology partner for its ability to deliver enough bandwidth and lowest latency internet for every guest onboard to live-stream videos or online game direct from their devices as if they were at home.   

“With more than 1,000 aircraft committed to Starlink worldwide, high-speed, low-latency internet is the future of aviation connectivity and we’re excited to work with WestJet to bring Starlink technology to their guests in the coming months,” said Jason Fritch, SpaceX’s Vice President of Starlink Enterprise Sales. 

This new platform will take flight before the end of 2024, with plans to complete the installation on WestJet’s modern narrowbody fleet by the end of 2025. All wide-body aircraft are planned to be upgraded by the end of 2026.  

Access to the new inflight system will be exclusively provided to WestJet Rewards members free of charge thanks to TELUS. WestJet guests can easily become WestJet Rewards members by simply creating a WestJet Rewards account online at any time in advance of their WestJet operated flight.    

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CrowdStrike extends post-outage losses to 34% on report Delta has hired a lawyer to seek compensation

• CrowdStrike's stock is down 34% since its software update caused a mass outage on July 19.
• The stock fell as much as 13% on Tuesday alone after heavily-hit Delta reportedly hired a lawyer.
• No suit has been filed, but Delta plans to seek compensation from CrowdStrike, CNBC said.

The fallout of CrowdStrike's massive IT outage continues to wreak havoc on the company's stock as reports surface of potential legal action from Delta.

CrowdStrike's stock fell as much as 13% on Tuesday, extending its losses since the July 19 outage to 34% and pushing shares to their lowest level of 2024.

The continued fallout comes after CNBC reported that Delta hired attorney David Boies — chairman of Boies Schiller Flexner — to seek compensation for outage-related damages, according to CNBC .

Boies has made headlines in several high-profile cases over the last three decades, representing the likes of Theranos founder Elizabeth Holmes, former Vice President Al Gore, and former Hollywood movie mogul and convicted sex offender Harvey Weinstein. Boies also represented the US government in a landmark antitrust case against Microsoft.

Delta's earnings will drop an estimated $350 million to $500 million this quarter as a result of the outage, according to Bloomberg .

The company will likely suffer huge hits to its reputation, too, as it fared far worse than its competitors . Delta canceled 1,207 flights the day of the outage, while United, the airline with the next highest number, canceled only 694 according to data from FlightAware .

Following the Friday outage, Delta still canceled hundreds of flights on Tuesday, by when most other airlines had resumed normal operations. The company reportedly struggled to restore operations and had to manually reset and reboot each system affected by the outage .

• Main content

Aggressive discounts by BCE, Rogers and Telus keep Ottawa happy – but hurt their chances of winning investors back

People walk past a Rogers wireless store in Toronto on July 8. Rogers shares are down more than 14 per cent since the start of the year, while shares of rivals Telus and Bell are also own over the same period. Cole Burston/The Canadian Press

Canada’s largest telecommunications companies are trapped in a Catch-22: Their aggressive discounts are keeping Ottawa and new customers happy, but hurt their chances of earning back the billions of dollars they spent on spectrum and other investments to offer superior service.

And at a time when the share prices of BCE Inc. BCE-T , Rogers Communications Inc. RCI-B-T and Telus Corp. T-T are all struggling, the weaker return on investment only makes it harder to resuscitate their stocks, which have historically had large retail investor support.

Since the start of the year, the shares of BCE and Rogers are down more than 14 per cent, while Telus is down almost 8 per cent. In that period, the S&P/TSX Composite Index has risen 9.1 per cent.

With their share prices suffering, telecom companies have started major restructurings. In February, BCE said it would lay off 9 per cent of its work force, and last summer Telus said it would lay off 4,000 people.

“Regulators and consumers may have been pleased by falling wireless prices and ballooning data buckets, but telecom investors have been aggrieved by seemingly more aggressive actions than necessary and the devaluing of network investments that they helped support,” National Bank Financial analyst Adam Shine wrote in a note to clients Monday.

Canada’s three largest telecom providers have spent heavily on new infrastructure to support faster internet speeds and better service for cellphone data. While costly, the hope was that customers would ultimately pay more for better service, and higher revenues could be used to pay down the debt taken on to fund these investments.

Lately, however, telecom companies have been locked in a price war, and because there is no end in sight, analysts and investors are wondering about long-term intentions.

“Paying billions of dollars on capital expenditures/spectrum to build premium networks only to then materially discount is a weak strategy,” Mr. Shine wrote in his note.

Earlier this month, RBC Dominion Securities analyst Drew McReynolds wrote in a note to clients that of all the questions investors ask about the sector, the first is, “When and how will telecom pricing stabilize?”

Across the industry, discounts were widely expected after Freedom Mobile was sold to Quebecor Inc. in 2023. (Shaw Communications previously owned Freedom, but had to sell the wireless company as part of its takeover by Rogers.) More than a year later, however, the discounts persist.

In Ontario and Western Canada, Freedom is offering 100 gigabytes of data plus unlimited talk and text in Canada, the United States and Mexico, as well as 10 gigabytes of data roaming, talk and text in 92 international destinations, for $55 a month, according to National Bank Financial. While Bell, Rogers and Telus have all held firm on pricing for 5G plans under their flagship brands, Telus has been offering 5G at a material discount through its fighter brand Public Mobile.

Public Mobile customers can get 75 gigabytes of data and unlimited text/call in Canada and the United States for $40 a month.

In the wireline segment, which includes internet and cable and is sometimes referred to as “fibre,” BCE has been offering aggressive discounts. Mr. Shine noted that an investor recently received an offer in Quebec for internet at download speeds of 1.5 gigabytes a second, Basic TV plus 10 channel picks, no installation fees, no equipment rental fees and a $250 Visa gift card for $75 a month. “Fibre is supposed to be the superior product, but it’s being massively discounted,” he wrote.

Competitive pricing is common in the industry in certain windows, such as around Black Friday, but the current run of discounts has persisted much longer than analysts expected.

At the same time, the industry faces headwinds to its growth , including much lower immigration and the continuing destruction of the traditional cable-television business. And layered on top are heavy debt burdens, both from funding the capital expenditures and acquisitions such as Rogers’ purchase of Shaw.

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WestJet and TELUS will be Canada's first to leverage Starlink technology to bring Canadians best-in-class, high-speed internet onboard beginning December 2024

CALGARY, AB , July 24, 2024 /CNW/ - Today, WestJet and TELUS unveiled the first step in a multi-year strategic partnership that will transform the inflight experience for WestJet guests by providing industry-leading, fast and free internet, presented by TELUS and delivered by Starlink onboard WestJet aircraft. This announcement marks the beginning of a fully integrated partnership between WestJet and TELUS, and a significant leap forward for the airline's inflight connectivity. 

"Through our strategic partnership with TELUS, we are setting a new standard in the Canadian airline industry by offering Starlink's revolutionary inflight connectivity, and thanks to TELUS we are able to bring this inflight experience to WestJet Rewards guests for free," said John Weatherill , WestJet Group Executive Vice-President and Chief Commercial Officer. 

In the coming months, WestJet and TELUS will announce additional, exclusive benefits and perks for WestJet Rewards members and TELUS customers.

"The future of inflight connectivity and entertainment is here, and we're excited to enter this long-term partnership with WestJet to enhance the flying experience for guests and bring more value to WestJet Rewards members and TELUS customers, whether they are on the ground or in the air" said Zainul Mawji , Executive Vice-president and President, TELUS Consumer Solutions.

WestJet will be the largest North American and first commercial Boeing 737 airline to offer inflight connectivity powered by Starlink's best-in-class technology platform, which includes the world's largest satellite constellation. Starlink was selected as WestJet's new inflight technology partner for its ability to deliver enough bandwidth and lowest latency internet for every guest onboard to live-stream videos or online game direct from their devices as if they were at home.

"With more than 1,000 aircraft committed to Starlink worldwide, high-speed, low-latency internet is the future of aviation connectivity and we're excited to work with WestJet to bring Starlink technology to their guests in the coming months," said Jason Fritch , SpaceX's Vice President of Starlink Enterprise Sales.

This new platform will take flight before the end of 2024, with plans to complete the installation on WestJet's modern narrowbody fleet by the end of 2025. All wide-body aircraft are planned to be upgraded by the end of 2026.

Access to the new inflight system will be exclusively provided to WestJet Rewards members free of charge thanks to TELUS. WestJet guests can easily become WestJet Rewards members by simply creating a WestJe t Rewards accoun t online at any time in advance of their WestJet operated flight.

About WestJet

In 28 years of serving Canadians, WestJet has cut airfares in half and increased the flying population in Canada to more than 50 per cent. WestJet launched in 1996 with three aircraft, 250 employees and five destinations, growing over the years to more than 180 aircraft, 14,000 employees and more than 100 destinations in 26 countries.

For more information about everything WestJet, please visit westjet.com. Connect with WestJet on Facebook at facebook.com/westjet Follow WestJet on Twitter at twitter.com/westjet and twitter.com/WestJetNews Follow WestJet on Instagram instagram.com/westjet/ Subscribe to WestJet on YouTube at youtube.com/westjet Read the WestJet Newsroom at westjet.com/en-ca/news 

About TELUS 

TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with more than $18 billion in annual revenue and over 18 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS' global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better. 

About SpaceX Starlink 

Developed by SpaceX, Starlink provides high-speed, low-latency broadband internet in over 100 countries and territories around the world through over 6,000 satellites providing over 275 Tbps of capacity. Starlink began serving commercial aircraft last year with in-flight high-speed internet with over 1000 aircraft committed. With satellites positioned in low-Earth orbit at an altitude over 65 times closer than conventional geostationary satellites, Starlink achieves significantly lower latency and higher transmission speeds for its end users. Starlink can deliver up to 1 Gbps to aircraft, and with latency as low as 20 ms, passengers can engage in activities previously not functional in flight, including online gaming, virtual private networks, and other high data rate activities.

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Airbus to restructure Space Systems as consolidation talks continue

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Starbucks sales drop larger than expected on China weakness; profit in line

Starbucks reported a bigger-than-expected drop in third-quarter comparable sales on Tuesday, dragged by stubbornly weak demand in the U.S. and a 14% drop in its second-biggest market, China.

Exclusive deals for your business

Featured small business offers

Save 58% on iPhone 15

Save up to $1010 on iPhone 15 Pro Max with Bring-it-Back

Save 55% on purefibre 1g + business wi-fi.

More limited time offers on phones, business internet, and other great products

Get the all new Samsung Galaxy Z Flip6 & save up to $1805

Meet our new Unlimited plans, loaded with features for Owners

Save up to $878 on the Samsung Galaxy S24 with Bring-it-Back.

Get 3 months for $0 when you bundle Business Connect

Exclusive online savings on business smartphone plans

Your business deserves our best tech at an amazing price.

Access over $3,000 of savings with Owner Perks 17

Save on the #1 internet technology for speed and reliability 18

Save an extra $100 21 when you buy online

Protect your business for less than $2/day 22

Get Smart Hub for Business

Get a $100 bill credit

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• Devices purchased on the Bring-It-Back® program must be returned in good working condition or you will be responsible for the difference between the Bring-It-Back® program amount and the lower trade-in value for a device that is not in good working condition. Trade-in standards published at the time a device is returned will apply. Applicable sales taxes are due at time of purchase on the full purchase price. You will not be charged tax on the Bring-It-Back® Program amount if you choose to keep your device and pay back the Bring-It-Back® Program amount at, or before, the end of the 24 month term. Bring-It-Back® program is only available while you subscribe to mobility service. If mobility service is cancelled before the end of the term, the Bring-It-Back® Program Amount will be charged to your TELUS bill. Offer is subject to change without notice. Final eligibility will be determined by a TELUS representative.
• Subject to approved credit with a 24-month TELUS Easy PaymentⓇ agreement (0% APR) is on any in-market plan with data and voice included. TELUS Easy PaymentⓇ balance will be repaid over a 24 month period via equal monthly payments. Payment of any outstanding TELUS Easy PaymentⓇ balance, subject to applicable adjustments, due upon termination, or account transfer. Pay-per-use charges (including long distance, roaming and additional airtime or data) are extra.
• Pricing of Fibre Internet 1G is $160/month on a 3-year term (reg. $220/month) and Business Wi-Fi is $15/month per access point on a 3-year term. To receive the additional promotional $70/month internet discount, customers must bundle Fibre Internet 1G with one or more Business Wi-Fi access points, up to a maximum of 3, on a 3-year term. Promotional pricing available to new TELUS Business Internet customers only. Offer is subject to change without notice. Final eligibility for internet speed tier, Fibre internet service and promotional offer will be determined by a TELUS representative. Maximum speeds require optimal network conditions on a wired connection. Internet access speeds may vary depending on location, usage within the business network, internet traffic and applicable network management or server configurations. Regular price applies, for the featured Fibre Internet plan selected, after the promotional period ends and is subject to change without notice. This offer cannot be combined with any other TELUS Office Internet offers.
• This offer is available for new TELUS Business customers who sign up on a 3-year term for PureFibre business internet plan online. A recurring bill credit will be applied and appear on the second or third bill upon order completion. Bill credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative.
• New TELUS Business customers who activate any PureFibre business internet plan on a 3-year term are eligible to receive the professional installation for $0. Customers will be charged a rescheduling fee of $199 if the customer fails to be at the scheduled appointment time and/ or does not provide 24 hours notice in advance to reschedule. Charges for installation fees are subject to change without notice. TELUS reserves the right to withdraw or modify this offer at any time. Final eligibility for services will be determined by a licensed and certified TELUS technician in accordance to minimum system requirements and location. Taxes not included. Offer is subject to change without notice. Final eligibility will be determined by a TELUS representative.
• Offer subject to change without notice and expires September 4, 2024. Only available online, in select stores and through TELUS call centres. Offer based on trading in a Samsung Galaxy Z Flip4 128GB (valued at $190 in good working condition) with a $480 trade-in bonus (traded in device must have a minimum value of $25) and activating or renewing on a Samsung Galaxy Z Flip6 256GB on a 2 year TELUS Easy Payment plan. The value of the trade-in device will determine your monthly payment, monthly payments may vary. Your device must be valued at $100 or more to qualify for the $0 monthly offer. The $480 trade-in bonus is available to those who trade in an eligible device. Bonus is applied in addition to the trade-in value of eligible device. Devices traded online will receive Trade-in bonus and trade-in value in bill credits. Devices traded in-store will receive Trade-in bonus and trade-in value in in-store credits. Customers who choose to return their devices through a “Take home, trade later” program through a prepaid return shipping label will receive a prepaid virtual Mastercard within 10-15 business days of their device being evaluated. Limit of one trade in per customer. The final trade-in value will be confirmed once the device is received and evaluated. Trade in credits and bonus have no cash value, are non-transferable and can only be used when activating or renewing service in the TELUS store where the device was traded in at the time of the trade in. Products purchased using trade in credits cannot be returned for full cash value. All trade-ins are final. The trade in transfers all rights in the device to HYLA Mobile ULC or TELUS Retail Limited (d.b.a. Mobile Klinik) and waives any claim against TELUS, Mobile Klinik and HYLA Mobile ULC with respect to the device or the trade in program. The trade-in program is available in Canada only and may be cancelled at any time without notice. Trade-In value is dependent on the condition of the device being traded in. Eligible Devices for Trade-in Bonus (Galaxy S8, S8+, Galaxy S9, S9+, Galaxy S10, S10+, S10e, Galaxy S20FE 5G, Galaxy S20, S20+, S20 Ultra 5G, Galaxy S21FE 5G, Galaxy S21, S21+, S21 Ultra, Galaxy S22, S22+, S22 Ultra, Galaxy S23, S23+, S23 Ultra, Galaxy Note9, Galaxy Note10, Note10+, Galaxy Note20, Note20 Ultra 5G, Galaxy Z Flip, Galaxy Z Fold, Galaxy Z Flip 5G, Galaxy Z Fold2 5G, Galaxy Z Fold3, Galaxy Flip3 5G, Galaxy Z Fold4 or Galaxy Flip4, Galaxy Z Fold5 or Galaxy Flip5).
• Available to new and renewing Small Business Mobility customers on the Unlimited 150 for Business 5G+ rate plan for $80/mo. This plan includes 150 GB data at speeds up to 2Gbps and unlimited data at reduced speed, Owner Perks and 1000 global calling minutes. Data speeds are reduced to a maximum of 512Kbps after your included high-speed data bucket is exhausted. Speed may vary with your device, internet traffic, environmental conditions, and other factors. Please refer to TELUS’ Fair Use Policy at telus.com/fairusepolicy for further information. To obtain access to Owner Perks: Must be a TELUS Business customer with a Business mobility rate plan. Customers can visit Owner Perks website for savings details on each partner's offer. TELUS will not be a party to the contract between the customer and the partner, if an offer is successfully accepted. TELUS is not responsible for the provision of partner's products or services to the customer. TELUS makes no representations or warranties to the customer with respect to the partner's product(s) or service(s). All representations and warranties, including those implied by law, are hereby disclaimed. Offers may be modified or withdrawn by such partners at any time without notice. Network logos and names are trademarks of their respective owners. All copyrights for images, artwork and trademarks are the property of their respective owners.
• To obtain the Unlimited 150 for Business 5G+ rate plan for $60/mo (regular price $80/mo), a customer must activate 4 or more lines to unlock a $20 multi-line discount per line and sign-up for pre-authorized payments.
• This offer is available for new TELUS Business customers who sign up on a 3-year term for TELUS Business Connect Voice Plus, Enhanced, or Complete edition online. A bill credit is a one time credit that will appear on the second or third bill upon order completion. Bill credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative.
• The offer is available for new TELUS Business customers who complete the form to receive exclusive TELUS Small Business offers and purchase their mobility services online. The 1 month free service discount offer is applicable to Mobility orders for smartphones and Bring Your Own Device rate plans purchased online only. This offer is applied only on the Mobility smartphone rate plans and does not extend to TELUS Easy Payments. Service discounts are a one-time credit that will appear on the second or third bill upon order completion. These credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative.
• The offer is available for new TELUS Business customers who purchase an Unlimited for Business plan online. The $100 offer is based on a $40 bill credit and $60 connection fee waive for activations. Bill credits and hardware credits are a one time credit that will appear on the first or second bill upon order completion. Waiving of $60 connection fee, offer applicable online only on Mobility orders for smartphones and Bring Your Own Device plans. Bill credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative.
• The $525 savings are calculated based on : $525 savings on TELUS Secure Business - Control with the 3 months at $0 offer and $10 off per month. To receive the first 3 full months of service at $0 (regular bundle price: $65/month) and $10 off per month, a customer must purchase TELUS Secure Business - Control plan on a 3-year term and bundle with a new or an existing, Business voice-capable Mobility plan Rates and offers are subject to change without notice. Final eligibility will be determined by a TELUS representative.
• TELUS Business customers’ access to over $3,000 in savings, is based on the potential total savings from the sum of all partners’ offers and are subject to the terms and conditions of each offer. The value of each offer is subject to change at the discretion of each partner. Visit Owner Perks website for savings details on each partner's offer. TELUS will not be a party to the contract between the customer and the partner, if an offer is successfully accepted. TELUS is not responsible for the provision of partner's products or services to the customer. TELUS makes no representations or warranties to the customer with respect to the partner's product(s) or service(s). All representations and warranties, including those implied by law, are hereby disclaimed. Offers may be modified or withdrawn by such partners at any time without notice. Network logos and names are trademarks of their respective owners. All copyrights for images, artwork and trademarks are the property of their respective owners.
• Traditional copper wire or copper wire hybrid networks are subject to capacity constraints and environmental stresses that do not affect TELUS fibre optic technology, which is based on light signals. Not available in all areas.
• TELUS offers the fastest download and upload speeds of up to 2.5 Gbps compared to any other major internet service provider in Western Canada. TELUS is the only major provider in Western Canada with a 100% fibre optic connection to the business. Not available in all areas. Traditional copper wire or copper wire hybrid networks are subject to capacity constraints and environmental stresses that do not affect TELUS fibre optic technology, which is based on light signals. Individual results may vary depending on location, usage within the home network, Internet traffic, applicable network management or server configurations. For a description of TELUS’ network management practices please see telus.com/networkmanagement.
• The promotional monthly pricing of Fibre Internet 3G with Business Wi-Fi add-on (with 1 Wi-Fi 6 access point) is $140/mo on a 3-year term (reg. $315). This rate plan includes 5 static IP addresses. Promotional pricing available to new TELUS Business Internet customers only agreeing to a 3-year term on both Fibre Internet 3G and Business Wi-Fi add-on. Wi-Fi 6 access point is subject to availability. Final eligibility for internet speed tier and/or Fibre internet will be determined by a TELUS representative. Maximum speeds require optimal network conditions on a wired connection. Internet access speeds may vary depending on location, usage within the business network, internet traffic and applicable network management or server configurations. Regular price applies, for the featured Fibre Internet plan selected, after the promotional period ends and is subject to change without notice.
• The offer is available for new TELUS Business customers who purchase an Unlimited for Business plan online. The $100 offer is based on a $40 bill credit and $60 connection fee waive for activations. Bill credits and hardware credits are a one time credit that will appear on the first or second bill upon order completion. Waiving of $60 connection fee, offer applicable online only on Mobility orders for smartphones and Bring Your Own Device plans. Bill credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative
• The less than $2 a day is calculated on a 30-day month on the TELUS Secure Business Protect plan which is regularly priced at $55 per month. Equipment is TELUS-owned. Rental equipment must be returned in good condition upon cancellation of service, otherwise the replacement cost will be payable by the customer. Any add-ons will be an extra cost. Applicable taxes and fees are extra. Cancellation charges apply for early termination of a 3-year term. Offer is subject to change without notice. Final eligibility will be determined by a TELUS representative.
• New TELUS Secure Business customers are eligible to receive the 3 months at $0 offer, a customer must activate TELUS Secure Business Monitor, Protect or Control on a 3-year term. Equipment is TELUS-owned. Rental equipment must be returned in good condition upon cancellation of service, otherwise the replacement cost will be payable by the customer. Any add-ons will be an extra cost. Applicable taxes and fees are extra. Cancellation charges apply for early termination of a 3-year term. Offer is subject to change without notice. Final eligibility will be determined by a TELUS representative.
• This offer is available for new TELUS Business customers who sign up on a 3-year term for TELUS Secure Business Monitor, Protect or Control plans online. A bill credit is a one time credit that will appear on the second or third bill upon order completion. Bill credits are non-transferable, can only be applied to pay for services charges, and carry no cash value after deactivating your services. Offer is only valid for online transactions and subject to change without notice. Final eligibility will be determined by a TELUS representative.
• In order to be eligible for referral credits, you must have active mobility service with TELUS Business and be in good standing when the credits are applied. You are able to receive up to $1,000 in referral credits each calendar year. The business you refer cannot be a current TELUS Business mobility customer and they must activate a new TELUS Business smartphone plan. This offer is not available for Consumer or Corporate accounts. If the referred customer successfully activates on your referral, then a bill credit will be applied to your account within 4-6 weeks of completion in one lump-sum. Taxes apply. For additional program rules, visit www.telus.com/referabusiness . TELUS reserves the right to withdraw or modify this offer at any time.

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Air New Zealand Scraps 2030 Carbon Target, Withdraws from SBTi

Air New Zealand has removed its 2030 target to reduce its carbon intensity by 28.9 percent compared with a 2019 baseline, and it has withdrawn from the Scient Based Targets initiative, the carrier announced Monday. 

The "levers" needed to meet the target that are "outside the airline's direct control" include the availability of new aircraft, the affordability and availability of alternative jet fuels, and global and domestic regulatory and policy support, according to the carrier.

"In recent months, and more so in the last few weeks, it has also become apparent that potential delays to our fleet renewal plan pose an additional risk to the target's achievability," Air New Zealand CEO Greg Foran said in a statement.

The carrier is considering a new near-term carbon emissions reduction target "that could better reflect the challenges relating to aircraft and alternative jet fuel availability within the industry."

Air New Zealand, however, remains committed to reaching its 2050 net zero carbon emissions target, according to the carrier. 

Corporate mobility and ground transportation platform provider HQ has partnered to integrate private...

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JetBlue beginning in September will add eight new routes to and from New England cities, the carrier...