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Rewards can be great with cryptocurrency investing — but so can the risks + MORE Dec 21st
The growing frenzy around bitcoin and other cryptocurrency offerings has prompted warnings from a range of financial heavyweights on the risks that current and potential investors should keep in mind..... More »
The after-effect of market lows: a drop in fixed mortgage rates Aug 7th
When markets drop like they did on Monday, you may not immediately think of the impact on mortgage rates. We’ve been relying on the Bank of Canada to nudge rates lower, namely for variable mortgages. But fixed mortgages got a news headline-worthy update today, thanks to bonds, which are reacting t.... More »
SemGroup seeks to carve out bigger niche in Canada with $500-million investment + MORE Oct 1st
U.S. company, known for transporting, storage and processing oil and gas, could jettison its asphalt business in Mexico as it looks to expand its footprint in Alberta, British Columbia
.... More »
What is short-term disability insurance? Sep 14th
Short-term disability (STD) insurance provides income for someone over a short period of time if they can’t work because they’re ill or injured, have been in an accident, or are in the hospital. STD insurance is often offered by employers as part of their workplace benefits package. It’s not .... More »
Buying pre-construction: What if your home is worth less than you paid? + MORE Jan 26th
Many Canadians bought pre-construction homes and condos at the height of the real estate market, as ultra-low interest rates fuelled a steady climb in Canadian real estate prices. Now some of those buyers are walking away from their purchases, unable to close on properties worth less than they paid .... More »
Ex-Starkey execs indicted in $20M embezzlement conspiracy
– canadianbusiness.com
MINNEAPOLIS – Three former executives of Minnesota-based Starkey Hearing Technologies took part in a conspiracy to embezzle more than $20 million from the hearing aid maker and its principal owner, the U.S. Attorney’s office alleged Wednesday.
According to an indictment, between 2006 and last September, the defendants conspired to embezzle and misappropriate money and business opportunities belonging to Starkey and Sonion, a major supplier of hearing aid components to Starkey. The alleged scheme included a web of sham companies and dummy entities, federal prosecutors said.
“The defendants carried out a complex scheme to accomplish a simple goal: to embezzle funds for their own benefit,” U.S. Attorney for Minnesota Andrew Luger said in a news release.
The indictment charges former company President Jerry Ruzicka, 59; former Chief Financial Officer Scott Nelson, 58; and former human resources head Larry Miller, 63. It also charges two other men who were business associates of Ruzicka’s: Jeffrey Taylor, 55, who was president of Sonion, and Lawrence Hagen, 63…
According to an indictment, between 2006 and last September, the defendants conspired to embezzle and misappropriate money and business opportunities belonging to Starkey and Sonion, a major supplier of hearing aid components to Starkey. The alleged scheme included a web of sham companies and dummy entities, federal prosecutors said.
“The defendants carried out a complex scheme to accomplish a simple goal: to embezzle funds for their own benefit,” U.S. Attorney for Minnesota Andrew Luger said in a news release.
The indictment charges former company President Jerry Ruzicka, 59; former Chief Financial Officer Scott Nelson, 58; and former human resources head Larry Miller, 63. It also charges two other men who were business associates of Ruzicka’s: Jeffrey Taylor, 55, who was president of Sonion, and Lawrence Hagen, 63…
23 ‘genius’ grants announced by MacArthur foundation
– canadianbusiness.com
NEW YORK, N.Y. – Gene Luen Yang, a prize-winning author and the national ambassador for young people’s literature, and Claudia Rankine, one of poetry’s brightest and most innovative stars, are among this year’s 23 MacArthur fellows and recipients of the so-called “genius” grants.
The fellows were announced Thursday by the Chicago-based John D. and Catherine T. MacArthur Foundation, which gives each honoree $625,000 over five years to spend any way he or she pleases, with no strings attached. More than 900 people have received the grants since 1981.
Others chosen ranged from financial service innovator Jose A. Quinonez and human rights attorney Ahilan Arulanantham to linguist Daryl Baldwin and bioengineer Rebecca Richards-Kortum.
The post 23 ‘genius’ grants announced by MacArthur foundation appeared first on Canadian Business – Your Source For Business News.
The fellows were announced Thursday by the Chicago-based John D. and Catherine T. MacArthur Foundation, which gives each honoree $625,000 over five years to spend any way he or she pleases, with no strings attached. More than 900 people have received the grants since 1981.
Others chosen ranged from financial service innovator Jose A. Quinonez and human rights attorney Ahilan Arulanantham to linguist Daryl Baldwin and bioengineer Rebecca Richards-Kortum.
The post 23 ‘genius’ grants announced by MacArthur foundation appeared first on Canadian Business – Your Source For Business News.
This TSX stock has a rich dividend and is up 20% in the last month
– theglobeandmail.com
Shares have surged since the company announced its latest and largest deal to date
