Feb 29th, 2008
Feb 14th, 2016 by tay
Why the Wild Descent of Oil Is Cause for Concern
Schlumberger, the largest oil field service firm, cut 10,000 jobs in 2016 and another 20,000 jobs last year. The champion of hydraulic fracturing posted a loss of $1 billion, too. Throughout the world's financial pages, economists have adopted a new...
Feb 3rd, 2016 by Walter
Lowe's buying Rona for USD$2.3 billion
The Lowes home improvement chain is buying Quebec-based Rona Inc. in a deal valued at USD$2.3 billion. The companies say the combination will make Lowes the Canadian leader among home improvement retailers. The transaction is supported by...
Feb 2nd, 2016 by tay
Company sat on 2004 study indicating Cold-FX does nothing
The makers of Cold-FX have sat for years on a study that suggested Canadas most popular cold and flu remedy was no more effective than a placebo in treating symptoms of the viruses. The study has just surfaced in a class-action lawsuit against Valeant...
Jan 27th, 2016 by Kreskin
Markets in panic as investor anxiety grows
Markets in panic as investor anxiety grows Crude has fallen below $30 a barrel, the loonie is on its longest losing streak in more than a decade and global stock markets...
Jan 23rd, 2016 by B00Mer
Apple to open facility in Kanata, sources say
Apple to open facility in Kanata, sources say Apple has leased space at a Kanata office complex in preparation for setting up a facility in the National Capital...
How blockchain tech could change the way we do business
Since people on this forum purport to care about business and the economy... Time to move on from resources and get resourceful... How blockchain tech could change the way we do business But how does it work exactly? Digital records are lumped...
The Last Days of Target
how not to business The untold tale of Target Canadas difficult birth, tough life and brutal death The grand opening of Target Canada was set to begin in one month, and Tony Fisher needed to know whether the company was actually ready. In ...
The Seventh Annual "Summer of Recovery"
Record Low Baltic Dry Casualties Emerge: Third Dry-Bulk Shipper Files For Bankruptcy In Past 3 Weeks The unintended consequences of a money-printed, credit-fueled, mal-investment-boom in commodities (prices - as opposed to physical demand...
Jan 14th, 2016 by SLM
Needing some advice on taxes as a small business.
Hi guys, first post here but I'm hoping to pick someones brain about taxes as a small business. I'm from Ireland so all I know about taxes, doesn't apply here in Canada. To be clear, I'm not trying to avoid paying or hide cash. I just want to be sure I'm...
Mexican Illegals were a lot easier to deal with
Cargill Meat Solutions said Thursday it tried to resolve a workplace prayer dispute with Somali workers at its Fort Morgan meatpacking and distribution plant that led to the firing of about 190 employees. The workers who lost their jobs were mostly ...
Dec 24th, 2015 by CDNBear
Canada poised to be hub of Islamic finance
Islamic banking is being touted as the next big thing for Canada's financial services sector, but experts say it's up to the new federal government to demonstrate that it welcomes Shariah-compliant investments. "It's absolutely fundamental that the...
Ukraine & Turkey: A Love Story
Ukraine & Turkey: A Love Story A sudden friendship has broken out between Ukraine and Turkey, taking the existing one to a new level. It is no longer confined to mutual praise, but also the sharing of videos glorifying the...
LifeLock protection to pay $100 million for scamming customers
Today the Federal Trade Commission announced that identity protection company LifeLock will pay $100 million for playing fast and loose with its customers sensitive information, including names, social security numbers, credit card numbers, and bank...
Mac's Convenience facing lawsuit from temporary foreign workers
Hundreds of temporary foreign workers have launched a class action lawsuit against Mac's Convenience Stores, claiming they paid more than $8,000 to get jobs in Canada that did not exist. The notice of claim, filed with the B.C. Supreme Court, alleges...
Dec 18th, 2015 by tay
"uber like' Lenders Ruffle Canadian Banks
Canadian banks react harshly towards new peer-to-peer online lending Fintech lender cries foul after two big banks cut access to money transfer services | Financial Post
How Canadians get ripped off at the pumps
Gasoline prices in Canada are disconnected from the costs of production. They are not driven by cost plus a reasonable return for capital invested. They are driven by what consumers are willing to pay. Canadians are deliberately being conditioned into...
US Navy’s newest ship breaks down 20 days after commissioning,
The US Navys brand new littoral combat ship, the Milwaukee, broke down on Friday and had to be towed for emergency repair just three weeks after commissioning. The warships troubles came after several days of propulsion system problems. The...
Dec 13th, 2015 by Walter
Uber drivers get big boost in lawsuit against company
In a major setback for Uber, a federal judge on Wednesday dramatically expanded the scope both in potential financial damages and in the number of people affected of a class-action lawsuit by California drivers seeking to be reclassified as employees....
Houston company gives every employee 100k bonus
This holiday season a Houston-based company is rewarding its workers with a major bonus. Hilcorp has 1,381 employees total, and all of them were given a one-hundred thousand dollar bonus to top off an excellent year. more Houston company gives...
There should be no corporate tax.
No corporation loses money paying tax they just pass it on to the customer so why tax them at all. More workers would be hired and workers wages would rise if there were no corporation tax.
Dec 4th, 2015 by Ludlow
N.W.T.'s Snap Lake diamond mine halts operation
This is going to be very hard on the NWT economy and will have a ripple effect that will see companies (including mine) facing very troubling times. Man, this is a bummer.
There Go The Truckers
Unprecedented 59% Plunge In November Heavy Truck Orders The rout beneath the relative calm of the market surface continues today as another sector has gotten crushed today in reaction to the domestic and global collapse in trade, the spreading...
Cheap, Fast, Reliable Website Hosting And Programming Services.
Are you a website designer and need a web hosting company to host your site fast and reliable, then you welcome. Are you new to the hosting business and need a hosting plan for reselling hosting services, then you are welcome. Are you hosting with a...
Nov 26th, 2015 by Walter
Molds for 3d panels made from plaster production. Is it profitable?
I'm thinking about launching 3D panels production business. It seems to me it's a very profitable one. The difference between cost of plaster and finished product is huge. Income level reaches 300-500%. I saw in internet Formako.net company, which has...
Nov 24th, 2015 by tay
Jews Get Amazon To Pull Nazi Ads in NYC
Commuter Ann Tobak said when she first saw the ads, I thought, Youve got to be kidding me.' She knew right away it was promoting the series, but she still found the ads inappropriate, Tobak said. They should go back and look at history and...
Nov 20th, 2015 by AnnaG
Walmart needs $5.10 to stay in business
Smith picked up the garbage for more than two months until Nov. 6, when he was fired for redeeming $5.10 worth of empty cans and bottles he found discarded on two occasions. Walmart employee fired from his job for redeeming $5.10 worth of empty cans...
Oct 14th, 2015 by B00Mer
Wal-Mart Tumbles Most in 15 Years After Predicting Profit Slump
Wal-Mart Stores Inc. suffered its worst stock decline in more than 15 years after predicting a drop in annual profit, underscoring the giant retailers struggles to reignite growth.Earnings will decrease 6 percent to 12 percent in fiscal 2017, which...
Oct 9th, 2015 by Twila
scam cancer industry blown wide open
Unbelievable scam of cancer industry blown wide open: $100 billion a year spent on toxic chemotherapy for many FAKE diagnoses... National Cancer Institute's shocking admission affects millions of patients With $100 billion a...
I just spent almost two hours on the phone with Apple tech support regarding a problem I was having with six year old ipod. The lady who was helping me was very patient and knowledgeable and stayed with me the whole time as we tried different things...
Sep 26th, 2015 by Walter
Sun Media Tires of Commenters Correcting Their Articles
Sun newspapers to close comments on most online stories He said the Sun papers are working towards getting a better solution, and considering adopting Facebook authentication as one option. He has also noticed other media trying community-based...
"It's Virtually Impossible To Get Physical Gold In London"
it's probably nothing. Just after my colleague Ronan Manly wrote a very extensive article on how much gold is left in London (not much), Petropavlovsk Chairman and Co-Founder Peter Hambro discusses gold at Bloomberg Television. He, like Manly,...
Sep 12th, 2015 by AnnaG
Fly United Indeed
The resignation of United Airlines CEO Jeff Smisek is all kinds of juicy. There's corruptionUnited established a money-losing route to curry favor with the then-chair of the Port Authority by getting him more conveniently to his vacation home. There's...
Canadian Pension Plan Buys UK's Biggest Port Operator
Associated British Ports, the UK's biggest port operator, will see new owners docking after a third of the business was sold for 1.6bn to Hermes and Canada's Pension Plan Investment Board. The deal marks the second multi-million pound...