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Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market - CNBC Aug 8th
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market CNBCTrump warns of another Great Depression if court strikes down tariffs CNNMore than 60 countries scramble to respond to Trump’s latest tariffs The GuardianState of.... More »
36% of Canadians surveyed lied about money to partner + MORE Feb 7th
TORONTO — As Valentine’s Day approaches, a new survey suggests some Canadians planning to take their relationships to the next level may want to have a frank conversation about infidelity — financial infidelity, that is.
The online poll found 36 per cent of Canadians surveyed have lied abo.... More »
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago - TechCrunch + MORE Apr 30th
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago TechCrunch'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response CNBCAmazon posts higher 1Q s.... More »
A simple guide to investing your first $500 Jan 22nd
For many young Canadians, the barrier to entry for investing feels impossibly high. Between student loans, rising rent, and the cost of living, scraping together a starter fund can seem daunting. Yet, as little as $500 to $1,000 is sufficient enough to begin building the habits that create long-ter.... More »
4 Cost-Effective Ways to Boost Employee Productivity + MORE Apr 23rd
Few business leaders have access to the capital they need to carry out all of their plans or strategies. Often, leaders have to make tough decisions regarding their resources and their budget. This means that anything a business leader can do to complete a project without breaking the bank can be in.... More »
BlackBerry to end internal hardware development
– macleans.ca
REUTERS/Mark Blinch – RTX1HRYWWATERLOO, Ont. — BlackBerry says it plans to end all internal hardware development _ signalling a strategic shift for a company that built its reputation on innovative smartphone technology created at its base in Waterloo, Ont.
The hardware development work will be outsourced to BlackBerry’s partners.
The move was announced by BlackBerry chairman and CEO John Chen as the company issued its latest financial report this morning.
He says that ending internal hardware development will reduce BlackBerry’s capital requirements and enhance return on invested capital.
BlackBerry says it had a US$372 million net loss in the three months ended Aug. 31, equivalent to 71 cents per share, but broke even after excluding certain items.
Revenue, which is reported in U.S. dollars, was $334 million or $352 million after adjustments that was below analyst estimates of $391.75 million.
The post BlackBerry to end internal hardware development appeared first on Macleans…
Quebec newspapers seek government help to ensure survival
– canadianbusiness.com
MONTREAL – Several newspaper publishers in Quebec have formed a coalition to demand that the provincial government establish a funding program to help them shift to digital.
The coalition says its members are all confronted with declining revenue, in part because advertising money has flowed toward social media platforms.
To help the print media, the coalition is asking the province to set up a five-year temporary financial assistance program for newspapers and to abolish the sales tax on newspapers sold.
It also seeks a refundable tax credit covering 40 per cent of the production costs and 50 per cent of their investments in digital platforms.
The coalition also wants a “significant increase” in the government budget for advertising in Quebec newspapers as they go through what Groupe Capitales Medias president and CEO Claude Gagnon calls a “profound re-examination” of their business models.
Brian Myles, the director of Montreal’s Le Devoir newspaper, says the group wants the government to grant a “cultural exception” for the province’s print news industry, arguing daily and weekly newspapers are “vital to preserving a diversity of media voices” and enriching debate in the province…
The coalition says its members are all confronted with declining revenue, in part because advertising money has flowed toward social media platforms.
To help the print media, the coalition is asking the province to set up a five-year temporary financial assistance program for newspapers and to abolish the sales tax on newspapers sold.
It also seeks a refundable tax credit covering 40 per cent of the production costs and 50 per cent of their investments in digital platforms.
The coalition also wants a “significant increase” in the government budget for advertising in Quebec newspapers as they go through what Groupe Capitales Medias president and CEO Claude Gagnon calls a “profound re-examination” of their business models.
Brian Myles, the director of Montreal’s Le Devoir newspaper, says the group wants the government to grant a “cultural exception” for the province’s print news industry, arguing daily and weekly newspapers are “vital to preserving a diversity of media voices” and enriching debate in the province…
BlackBerry to end internal hardware development, work to be outsourced
– canadianbusiness.com
WATERLOO, Ont. – BlackBerry says it plans to end all internal hardware development — signalling a strategic shift for a company that built its reputation on innovative smartphone technology created at its base in Waterloo, Ont.
The hardware development work will be outsourced to BlackBerry’s partners.
“We are reaching an inflection point with our strategy,” BlackBerry chairman and CEO John Chen said in a statement.
“The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital.”
The move is part of Chen’s efforts to turn around the company, once a highly profitable global leader in smartphone technology that has been displaced by products from Apple, Samsung and others.
The company’s stock rose slightly in pre-market trading after the announcement. BlackBerry stock traded at US$8.18 per share about 90 minutes before regular trading began, up about four per cent from Tuesday’s close at Nasdaq…
The hardware development work will be outsourced to BlackBerry’s partners.
“We are reaching an inflection point with our strategy,” BlackBerry chairman and CEO John Chen said in a statement.
“The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital.”
The move is part of Chen’s efforts to turn around the company, once a highly profitable global leader in smartphone technology that has been displaced by products from Apple, Samsung and others.
The company’s stock rose slightly in pre-market trading after the announcement. BlackBerry stock traded at US$8.18 per share about 90 minutes before regular trading began, up about four per cent from Tuesday’s close at Nasdaq…
Avoid the kitchen renovation with these smart hacks
– moneysense.ca
(Flickr/Fieldstone Cabinetry)Frustrated by an unorganized kitchen. Rather than ripping out your cabinets, to install customized drawers and shelves—a solution that can add thousands to your remodel budget—consider a few of these after-market solutions.
By using or modifying a few off-the-shelf solutions, you not only keep the costs for organizing your cook space to a minimum—as little as $13 for a pot holders—but the hacks also make your kitchen more efficient and much safer, as well.
For more kitchen renovation tips, see our Ultimate kitchen renovation guide »
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The post Avoid the kitchen renovation with these smart hacks appeared first on MoneySense.
CBC.caBlackBerry to exit hardware business, posting $372M loss in quarterCBC.caBlackBerry Ltd will outsource manufacturing of its once-core hardware, including its flagship smartphone, the Waterloo-Ont.-based company said on Wednesday as it reported another loss and sharp drop in revenue. The company also said chief financial …BlackBerry to end internal hardware development after $372M Q2 net lossMobileSyrup.comBlackBerry to end internal hardware development, outsource functionCTV NewsBlackBerry exits hardware business after another quarterly lossITBusiness.caAm980 London News -Stockhouse -The Verge -CNETall 167 news articles »
