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Unifor head says industry on the cusp of rebuilding, plays down Trump concerns + MORE Feb 18th
TORONTO _ The head of Canada’s auto workers union says the country is on the cusp of building its industry again and shouldn’t be concerned with the protectionist policies of U.S. President Donald Trump.
Unifor president Jerry Dias said the automotive industry is in an opportunistic time.... More »
German investor confidence down amid concern over UK vote + MORE May 24th
BERLIN – A survey of German investor confidence has dipped unexpectedly because of concerns, among others, over whether Britain will vote to leave the European Union.
The ZEW institute said Tuesday its index of economic sentiment for Germany dropped to 6.4 points for May, down from 11.2 in Apr.... More »
B.C. trade mission trip to China derailed in wake of Huawei executive's arrest Dec 9th
China's foreign ministry called in the U.S. ambassador on Sunday to lodge a "strong protest" over the arrest in Canada of Huawei Technologies Co. Ltd.'s chief financial officer. China also cancelled meetings for a B.C. trade mission..... More »
The case for buying a pre-construction home Feb 16th
My wife and I bid on, and lost, nine houses before we got our 10th. I remember the day in March 2016 when the listing popped up on Realtor.ca, the online directory of homes for sale, which had become one of the “frequently visited” websites on our computer. The house ticked off all the boxes, an.... More »
4 tips to avoid getting fleeced by your broker + MORE Mar 30th
Can your broker or adviser be trusted? There is no way to be 100 per cent certain, but far too many investors don’t even take a few simple steps to protect themselves. Start by asking questions. Here are four key ones, and tips for finding the answers.
__ WHO’S PAYING YOU? If a broker or.... More »
Sherritt CEO not pursuing acquisition this year
– theglobeandmail.com
David Pathe says the company is shoring up its financial picture
Journal Communications, Scripps Co. announce deal to merge broadcast, spin off newspapers
– canadianbusiness.com
MILWAUKEE – Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity, the companies announced late Wednesday.
The newspaper component, Journal Media Group, will be headquartered in Milwaukee and operate in 14 markets, according to news releases from the companies. It will combine Journal Communications’ Milwaukee Journal Sentinel, community publications and digital products with Scripps’ daily newspapers, including the Memphis Commercial Appeal, plus community and digital products.
Meanwhile, Journal Communications’ broadcast assets will be folded into Scripps, with headquarters remaining in Cincinnati. The company will own and operate TV and radio stations serving 27 markets, making it the fifth-largest independent TV group in the country, according to the releases.
“On both sides of this transaction we feel there is great value, great logic and a great cultural fit,” Steven J…
The newspaper component, Journal Media Group, will be headquartered in Milwaukee and operate in 14 markets, according to news releases from the companies. It will combine Journal Communications’ Milwaukee Journal Sentinel, community publications and digital products with Scripps’ daily newspapers, including the Memphis Commercial Appeal, plus community and digital products.
Meanwhile, Journal Communications’ broadcast assets will be folded into Scripps, with headquarters remaining in Cincinnati. The company will own and operate TV and radio stations serving 27 markets, making it the fifth-largest independent TV group in the country, according to the releases.
“On both sides of this transaction we feel there is great value, great logic and a great cultural fit,” Steven J…
KFC, Pizza Hut owner Yum Brands says China food scandal hurting sales, might cut profits
– canadianbusiness.com
BEIJING, China – The owner of the KFC and Pizza Hut restaurant chains said Thursday a food safety scandal in China has hurt sales and might be severe enough to cut into the company’s global profit.
Yum Brands Inc., in a filing with the U.S. securities regulator, gave no financial details and said it was too early to know when sales might rebound. But it said if the “significant sales impact” continues, it might hurt this year’s profit.
The scandal erupted last week when a Shanghai TV station reported that Husi, owned by OSI Group Inc. of Aurora, Illinois, repackaged old beef and chicken and sold it to KFC and McDonald’s Corp. restaurants in China. KFC and McDonald’s stopped using product supplied by Shanghai Husi and Yum said its restaurants severed all ties with OSI in China, the United States and Australia.
Chinese authorities have detained five Husi employees but have yet to confirm whether the company sold expired meat.
“The result has been a significant, negative impact to same-store sales at both KFC and Pizza Hut in China over the past 10 days,” Yum said in the filing with the Securities and Exchange Commission…
Yum Brands Inc., in a filing with the U.S. securities regulator, gave no financial details and said it was too early to know when sales might rebound. But it said if the “significant sales impact” continues, it might hurt this year’s profit.
The scandal erupted last week when a Shanghai TV station reported that Husi, owned by OSI Group Inc. of Aurora, Illinois, repackaged old beef and chicken and sold it to KFC and McDonald’s Corp. restaurants in China. KFC and McDonald’s stopped using product supplied by Shanghai Husi and Yum said its restaurants severed all ties with OSI in China, the United States and Australia.
Chinese authorities have detained five Husi employees but have yet to confirm whether the company sold expired meat.
“The result has been a significant, negative impact to same-store sales at both KFC and Pizza Hut in China over the past 10 days,” Yum said in the filing with the Securities and Exchange Commission…
First Nation wants more clarity around Bill C-27 – CBC.ca
– news.google.ca
CBC.caFirst Nation wants more clarity around Bill C-27CBC.caThe Tsuu T'ina First Nation wants some clarification on new federal rules on financial transparency. The band says it's not sure of the privacy implications of Bill C-27. The First Nations Financial Transparency Act requires audited annual statements be made …Northwest Territories political leader objects to posting chiefs' salaries onlineThe Globe and Mailall 56 news articles »
TransAlta looks to Australia project to get back on track
– theglobeandmail.com
CEO Dawn Farrell says Calgary-based energy producer has ‘really turned the corner’ after dividend cut in February
