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Some major events in the history of Future Shop + MORE Mar 29th
Future Shop closed its Canadian stores on Saturday. Here is a list of major events in the history of the retail chain.
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1982: Hassan Khosrowshahi opens first Future Shop location in Vancouver, one year after immigrating from Iran.
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1993: Future Shop goes public on Toronto and Vancouver.... More »
Wall Street’s record-setting stock rally to face test in Trump speech + MORE Feb 26th
When delivering his first major presidential address on Tuesday, Mr. Trump may need to provide more than generalities, some investors say
.... More »
Kingston fire destroys Cabot Academy elementary school - CBC Aug 15th
Kingston fire destroys Cabot Academy elementary school CBCDesperate C.B.N. residents question where firefighting assets go, and why CBCEvacuation Order Lifted for Paddy’s Pond Industrial Area VOCMEvacuation order lifted for St. John’s suburb; wildfire destroys N..... More »
CannTrust sheds U.S. business in order to list on TSX + MORE Mar 5th
The medical-cannabis grower’s shares rose in their debut on the Toronto Stock Exchange
.... More »
The best RBC credit cards in Canada for 2024 + MORE Jul 2nd
Credit Cards
The best RBC credit cards in Canada for 2024
Discover the best RBC credit cards, whether you’re looking for cash back, travel points or low interest.
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MoneySense i.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Rhapsody cuts 15 per cent of staff, CEO Irwin resigns as Columbus Nova becomes investor
– canadianbusiness.com
SEATTLE – Music streaming service Rhapsody on Monday laid off 15 per cent of its staff and said its president, Jon Irwin, is stepping down. The company also announced investment firm Columbus Nova Technology Partners has become a major shareholder.
The company also said it had hired Ethan Rudin, a former Starbucks strategy executive, as Rhapsody’s chief financial officer, replacing Adi Dehejia.
While it looks for a new CEO, the company will be run by a committee of Rhapsody executives.
Activity in the digital music space has been frenetic. On Monday, streaming service Rdio announced that radio station owner heavyweight Cumulus Media Inc. had taken a minority stake.
Pandora Media Inc. also said Monday it would raise up to $279.4 million in a share offering, days after announcing a new CEO, Brian McAndrews.
The post Rhapsody cuts 15 per cent of staff, CEO Irwin resigns as Columbus Nova becomes investor appeared first on Canadian Business.
The company also said it had hired Ethan Rudin, a former Starbucks strategy executive, as Rhapsody’s chief financial officer, replacing Adi Dehejia.
While it looks for a new CEO, the company will be run by a committee of Rhapsody executives.
Activity in the digital music space has been frenetic. On Monday, streaming service Rdio announced that radio station owner heavyweight Cumulus Media Inc. had taken a minority stake.
Pandora Media Inc. also said Monday it would raise up to $279.4 million in a share offering, days after announcing a new CEO, Brian McAndrews.
The post Rhapsody cuts 15 per cent of staff, CEO Irwin resigns as Columbus Nova becomes investor appeared first on Canadian Business.
Crushing Pebbles
– online.wsj.com
The EPA causes Anglo-American to walk away from a U.S. investment.
Asian stock markets fall ahead of Federal Reserve meeting and key decision on stimulus program
– canadianbusiness.com
BANGKOK – Asian stock markets fell Tuesday as investors braced for a possible first step by the U.S. Federal Reserve to reduce its massive stimulus.
The Fed could announce that it is has decided to scale back its monetary stimulus as soon as Wednesday, when it concludes a two-day policy meeting.
Though hiring and economic growth in the United States remain soft, the Fed is widely expected to slow the pace of its bond purchases. Its purchases of Treasury and mortgage bonds have been designed to keep long-term loan rates low to get people to borrow and spend and invest in the stock market.
Most economists expect the Fed’s initial “tapering” move to be small — a reduction in monthly purchases from $85 billion to $75 billion — especially now that former U.S. Treasury Secretary Lawrence Summers is out of the running for the top Fed job.
World stock markets rose Monday after Summers, who had been the leading candidate to replace Fed chairman Ben Bernanke, pulled his name from consideration…
The Fed could announce that it is has decided to scale back its monetary stimulus as soon as Wednesday, when it concludes a two-day policy meeting.
Though hiring and economic growth in the United States remain soft, the Fed is widely expected to slow the pace of its bond purchases. Its purchases of Treasury and mortgage bonds have been designed to keep long-term loan rates low to get people to borrow and spend and invest in the stock market.
Most economists expect the Fed’s initial “tapering” move to be small — a reduction in monthly purchases from $85 billion to $75 billion — especially now that former U.S. Treasury Secretary Lawrence Summers is out of the running for the top Fed job.
World stock markets rose Monday after Summers, who had been the leading candidate to replace Fed chairman Ben Bernanke, pulled his name from consideration…
