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Check your inbox: Investing newsletters can cost you more than a sub fee + MORE Sep 26th
Like most retired or semi-retired investors—even those with traditional 60/40 balanced portfolios—I found 2022 a challenging year. While our family’s investment portfolio is super diversified by asset class and geography, we had our share of losers, most of them SPACs (special purpose acquisit.... More »
CRA demands payment on scammed federal benefits — from the victim whose account was hacked - CBC.ca May 22nd
CRA demands payment on scammed federal benefits — from the victim whose account was hacked CBC.caToronto hacking victim 'living a financial nightmare' CBC.caView Full Coverage on Google News.... More »
Ivanhoe Cambridge says co-working can help communities facing economic struggles + MORE Nov 20th
MONTREAL – One of North America’s largest property owners says the growing popularity of shared office spaces can inject youthful energy into traditional office towers and give hope to struggling communities.
“It kind of moves you away from your father’s office building and b.... More »
Something about bear markets seems to bring out the best in the Two-Minute Portfolio - The Globe and Mail + MORE Jan 11th
Something about bear markets seems to bring out the best in the Two-Minute Portfolio The Globe and MailTSE down; U.S. stocks in red - Business News Castanet.netToronto stock market edges lower, oil down; U.S. stock markets fall CTV NewsThe week's most oversold and ov.... More »
What are call options? Why should retirees care about them? + MORE Feb 10th
Amid the tumult of sharply rising interest rates, stubbornly high inflation and geopolitical risks, stocks have continued to slide. The market rout that began in early 2022 has hit retirees and those saving for retirement particularly hard.
Even bonds, usually thought of as a safe haven for .... More »
Before the Bell: Oil's slide signals lower start in U.S.
– theglobeandmail.com
Jennifer Dowty, Chartered Financial Analyst, looks ahead to the market trading day
Valeant CEO on medical leave with pneumonia, company says
– canadianbusiness.com
LAVAL, Que. – Embattled pharmaceutical firm Valeant International says its chief executive is taking a medical leave of absence.
The Quebec-based company previously revealed that Michael Pearson was hospitalized last week with what it described as a severe case of pneumonia.
Valeant (TSX:VRX) did not offer updates on Pearson’s condition, but says his leave of absence takes effect immediately.
Valeant says Pearson’s duties will be shared on an interim basis between General Council Robert Chai-Onn, Company Group Chairman Ari Kellen, and Chief Financial Officer Robert Rosiello.
Valeant has been facing a series of scandals that have slashed its stock price by more than half since record highs posted in August.
The company is facing a congressional investigation in the U.S. over its pricing practices and has been forced to revise its 2016 outlook after ending a drug distribution agreement with the controversial Philidor mail-order pharmacy.
Pearson himself had been facing criticism for Valeant’s share price collapse and recently struck a defiant tone after calls for his dismissal surfaced…
The Quebec-based company previously revealed that Michael Pearson was hospitalized last week with what it described as a severe case of pneumonia.
Valeant (TSX:VRX) did not offer updates on Pearson’s condition, but says his leave of absence takes effect immediately.
Valeant says Pearson’s duties will be shared on an interim basis between General Council Robert Chai-Onn, Company Group Chairman Ari Kellen, and Chief Financial Officer Robert Rosiello.
Valeant has been facing a series of scandals that have slashed its stock price by more than half since record highs posted in August.
The company is facing a congressional investigation in the U.S. over its pricing practices and has been forced to revise its 2016 outlook after ending a drug distribution agreement with the controversial Philidor mail-order pharmacy.
Pearson himself had been facing criticism for Valeant’s share price collapse and recently struck a defiant tone after calls for his dismissal surfaced…
At the open: U.S. stocks fall as crude tumbles
– theglobeandmail.com
Energy and mining companies take a hit as TSX stays closed for holiday
Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains
– canadianbusiness.com
There’s a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom.
Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odesa. Home sales have also slowed in El Paso, and, more recently, in Houston.
The drilling boom, driven by high oil prices and new discoveries, brought tens of thousands of workers to oil fields in several states to run drilling rigs and supply the equipment and services needed to produce crude.
Then the price of oil tanked, plummeting by half in late 2014 and reaching levels this year not seen since the financial crisis. Oil companies abandoned drilling projects and began laying off workers.
The post Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains appeared first on Canadian Business – Your Source For Business News.
Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odesa. Home sales have also slowed in El Paso, and, more recently, in Houston.
The drilling boom, driven by high oil prices and new discoveries, brought tens of thousands of workers to oil fields in several states to run drilling rigs and supply the equipment and services needed to produce crude.
Then the price of oil tanked, plummeting by half in late 2014 and reaching levels this year not seen since the financial crisis. Oil companies abandoned drilling projects and began laying off workers.
The post Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains appeared first on Canadian Business – Your Source For Business News.
