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Will robo-advisers change the game? + MORE Oct 10th
(Getty Images/Sandra Bake)
Coming this fall to a theatre near you: Rise of the Robo-Adviser. If you haven’t heard the term before, “robo-advisers” are firms that handle investments using computer algorithms rather than human portfolio managers. Like most financial innovations, this one origina.... More »
Five things to watch for in the Canadian business world in the coming week + MORE Jul 19th
TORONTO – Here are five things to look for in Canadian business this week:
Railways: Both CN Rail and Canadian Pacific Railway release their second-quarter results this week, on Monday and Tuesday respectively. Canada’s sluggish economy and lower volumes of coal, grain and energy-related.... More »
Asian stocks leap as fears ease over British vote on EU + MORE Jun 20th
HONG KONG – Most Asian stock markets jumped Monday as polls suggest British voters will choose to remain in the European Union in a referendum this week, easing investor worries about a possible “Brexit.”
KEEPING SCORE: Japan’s benchmark Nikkei 225 index surged 2.3 per cent t.... More »
The smart seller’s secret to reducing capital gains tax in Canada + MORE Jul 18th
For many Canadians, selling a property can come with a surprise: the capital gains tax. Whether it’s a cottage, rental property, or former principal residence, understanding how capital gains are calculated and how a professional appraisal can significantly reduce your tax burden is crucial. .... More »
Vaccinated U.S. health-care worker passed COVID-19 antibodies to baby during pregnancy: doctors - CTV News Mar 19th
Vaccinated U.S. health-care worker passed COVID-19 antibodies to baby during pregnancy: doctors CTV NewsCOVID-19 vaccine 2nd dose side effects: Why are they worse? Los Angeles TimesCDC: Women report more side effects than men after getting COVID-19 vaccine WHAS11We n.... More »
PepsiCo CEO Indra Nooyi gets 2013 pay bumped 5 per cent to $13.2 million
– canadianbusiness.com
NEW YORK, N.Y. – PepsiCo CEO Indra Nooyi got a pay package worth $13.2 million last year, representing a 5 per cent increase from the previous year.
The pay bump was the result of a higher performance-based bonus, reflecting the company’s improved financial results after coming out of a “transitional year” in which it slashed costs and stepped up investments in flagship brands.
In addition to its namesake soda, PepsiCo makes Gatorade, Mountain Dew, Quaker oats and Frito-Lay snacks such as Doritos and Cheetos.
PepsiCo Inc., based in Purchase, N.Y., had been under pressure to improve its results when Nooyi announced a “reset” in 2012 to strengthen its brands. The company made a point of investing more heavily in marketing for its Pepsi soda, which had lost market share to Coca-Cola Co. over the years.
Even as it worked to deliver stronger results in 2013, however, the company was working to beat back calls from Trian Fund Management’s Nelson Peltz to spin off its underperforming beverage unit…
The pay bump was the result of a higher performance-based bonus, reflecting the company’s improved financial results after coming out of a “transitional year” in which it slashed costs and stepped up investments in flagship brands.
In addition to its namesake soda, PepsiCo makes Gatorade, Mountain Dew, Quaker oats and Frito-Lay snacks such as Doritos and Cheetos.
PepsiCo Inc., based in Purchase, N.Y., had been under pressure to improve its results when Nooyi announced a “reset” in 2012 to strengthen its brands. The company made a point of investing more heavily in marketing for its Pepsi soda, which had lost market share to Coca-Cola Co. over the years.
Even as it worked to deliver stronger results in 2013, however, the company was working to beat back calls from Trian Fund Management’s Nelson Peltz to spin off its underperforming beverage unit…
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Growth appeal draws CPPIB into insurance sector
– theglobeandmail.com
Canada Pension Plan Investment Board enters U.S. life insurance sector with purchase of Wilton Re Holdings
CPPIB to Buy U.S. Insurer for $1.8 Billion
– blogs.wsj.com
Canada Pension Plan Investment Board said Friday it has agreed to purchase U.S. life insurer Wilton Re Holdings Ltd. for $1.8 billion.
Russia mocks sanctions, yet questions remain about whether more economic penalties are to come
– canadianbusiness.com
WASHINGTON – U.S. sanctions against a Russian bank and the Kremlin’s inner circle have pinched Moscow, but if the goal is to get President Vladimir Putin to roll his forces out of Crimea or prevent him from doing any more land grabs, their effectiveness remains in doubt.
Putin has mocked the punitive steps President Barack Obama has taken so far in their post-Cold War game of chess — or chicken.
He made jokes of Obama’s decision this week to freeze the assets of businessmen with close ties to Putin as well as Bank Rossiya, which provides them support. Putin quickly retaliated by slapping travel restrictions on nine U.S. officials and lawmakers, including Sen. John McCain, who quipped: “I guess this means my spring break in Siberia is off.”
More serious repercussions loom if the standoff heats up.
For now, Putin says there is no need for further Russian retaliation, yet his Foreign Ministry vowed that Moscow would “respond harshly.”
Putin claims to have no plans for further incursions into Ukraine or elsewhere in the neighbourhood…
Putin has mocked the punitive steps President Barack Obama has taken so far in their post-Cold War game of chess — or chicken.
He made jokes of Obama’s decision this week to freeze the assets of businessmen with close ties to Putin as well as Bank Rossiya, which provides them support. Putin quickly retaliated by slapping travel restrictions on nine U.S. officials and lawmakers, including Sen. John McCain, who quipped: “I guess this means my spring break in Siberia is off.”
More serious repercussions loom if the standoff heats up.
For now, Putin says there is no need for further Russian retaliation, yet his Foreign Ministry vowed that Moscow would “respond harshly.”
Putin claims to have no plans for further incursions into Ukraine or elsewhere in the neighbourhood…
