Watsa says technology sector headed for trouble, still has faith in BlackBerry
TORONTO - Financier Prem Watsa says some of the biggest names in technology, like Facebook and Twitter, are headed towards disaster because their stock prices have soared too high.The chairman and CEO...
View ArticleWestJet CEO Gregg Saretsky Saw Pay Reduced To $3.2 Million In 2013
CALGARY - WestJet (TSX:WJA) chief executive Gregg Saretsky earned nearly $3.2 million last year, down slightly from the nearly $3.5 million he earned in 2012, as the size of his bonus shrunk.According...
View ArticleDetroit reaches bankruptcy agreement over $388M in bonds; mediators hope for...
DETROIT - The city of Detroit reached a deal in bankruptcy over $388 million in bonds, mediators announced Wednesday, a significant agreement that could influence other creditors to try to get a...
View ArticleGovernment: Broker sold consumer data that wrongly identified people as...
WASHINGTON - It's tough enough landing a job these days.So imagine if that background check provided to your potential employer wrongly identified you as a possible sex offender. That's what the...
View ArticleNorthwestern appeals labour board ruling that its college scholarship...
WASHINGTON - Northwestern University is asking the National Labor Relations Board to overturn a regional director's ruling that the school's football players are employees under federal law and thus...
View ArticleBest Cities To Invest In Real Estate? Those Would Be Toronto, Vancouver, Calgary
Canadian cities top the world for the real estate markets that make the best bet for long-term investment, according to a study from U.K. property developer Grosvenor — but they may not be such a great...
View ArticleStocks rise following minutes from Fed meeting and an encouraging start to...
NEW YORK, N.Y. - The stock market is sharply higher as investors got some encouraging news about interest rates and as U.S. corporate earnings got off to a good start.Alcoa led a rally in companies...
View ArticleAir Canada CEO got $7.8 million compensation in 2013; airline to launch Wi-Fi
MONTREAL - Air Canada's chief executive received more than $7.8 million in compensation last year as he oversaw a dramatic turnaround in the airline's financial performance and share price.According to...
View ArticleCBC May Cut Roughly 600 Positions On Thursday, Lobby Group Says
The Canadian Broadcasting Corporation could be facing layoffs in the range of 600 positions as it grapples with a financial shortfall of $130-million to $150-million, according to a lobby group that...
View ArticleOil above US$103 a barrel on Ukraine unrest; traders shrug off supply increase
The price of crude oil rose to a five-week high Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. supplies.Benchmark West Texas Intermediate crude for May delivery...
View ArticleDigital Canada 150: The Digital Strategy Without a Strategy
Four years after the Canadian government first announced plans to develop a digital economy strategy, Industry Minister James Moore traveled to Waterloo, Ontario, Friday for the release of Digital...
View ArticleDoes Your Brand Have a Crisis Management Plan?
You sit down at your desk, latte in hand, and are easing into your day. But then it happens... a crisis hits. Do you have a game plan that can be switched on in a moment's notice so that you, your team...
View ArticlePrimecap Management boosts its stake in Blackberry to 10.4 per cent
TORONTO - BlackBerry (TSX:BB) appears to be getting a vote of confidence from California-based investment firm Primecap Management Co., which has boosted its stake in the company by about 60 per...
View ArticleGovernment watchdog says regulators should have classified document on power...
WASHINGTON - Federal energy regulators improperly allowed widespread access to a sensitive document that outlined specific locations where the nation's electric grid is vulnerable to physical threats,...
View ArticleCanada's Medical Marijuana Rules Are Made To Be Broken
You won't believe where Canada's legal marijuana supply is really coming from! Last week, both Tweed and Mettrum had loads of marijuana seized from the same Kelowna airport. Media reports described...
View ArticlePearson airport to change extreme weather protocol after January ground stop
TORONTO - Canada's busiest airport is changing how it deals with extreme winter weather and other disruptions after a deep freeze earlier this year triggered a partial shutdown that slowed travel for...
View ArticlePG&E offers $250K reward for information on attack on Silicon Valley phone...
SAN FRANCISCO - Pacific Gas & Electric Co. offered a $250,000 reward Thursday for information leading to an arrest and conviction in a startling attack mounted nearly a year ago on phone lines and...
View ArticleJim Flaherty, Former Finance Minister, Dead At 64
Former finance minister Jim Flaherty has died at the age of 64. Flaherty, one of Canada's longest-serving finance ministers, resigned from cabinet in March. He had been Prime Minister Stephen Harper's...
View ArticleFormer finance minister Jim Flaherty dies suddenly at age 64
OTTAWA - A Canadian parliament riven by bitter partisan rancour came together as one amid the shocking news that Jim Flaherty, the impish, Irish former Conservative finance minister, died suddenly...
View ArticleLongtime Canadian finance minister Jim Flaherty, who stepped down last month,...
TORONTO - Former Canadian finance minister Jim Flaherty, a fixture on the world financial stage who stepped down last month, has died. He was 64.Flaherty's family released a statement that said he died...
View Article