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Trump wants companies to report earnings twice a year, not four times Aug 17th
U.S. President Donald Trump said on Friday he had asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter..... More »
Honeywell planning to spin off assets into two new companies: sources Oct 9th
Honeywell International Inc. plans to spin off non-core assets and create at least two new publicly listed companies, sources say
.... More »
Ford hires 400 for Canadian connected car research + MORE Mar 30th
Ford Motor Co. will hire approximately 400 employees from embattled communications company BlackBerry Ltd. as part of sizable new investments in Canada that include a connected-vehicle research centre in Ottawa, the smartphone maker said Thursday.
Ford said the Ottawa research centre is part of a $5.... More »
Lyft annual loss more than doubles, but revenue keeps rising - Business News - Castanet.net Feb 11th
Lyft annual loss more than doubles, but revenue keeps rising - Business News Castanet.netWhy Lyft's Revenue Beat Isn't Enough to Wow Investors Bloomberg TechnologyLyft beats revenue estimates but stock falls CNBCWhat to expect when Lyft reports fourth-quarter results.... More »
Pot grower Aphria Inc. applies to list on New York Stock Exchange Oct 18th
The Leamington, Ont.-based cannabis company submitted its registration statement to U.S. securities regulators today..... More »
Ex-Texas official: Trump U probe dropped due to politics
– canadianbusiness.com
WASHINGTON – Republican Texas Attorney General Ken Paxton has moved to muzzle a former state regulator who says he was ordered in 2010 to drop a fraud investigation into Trump University for political reasons.
Paxton’s office issued a cease and desist letter to former Deputy Chief of Consumer Protection John Owens on Friday after Owens made public copies of a 14-page internal summary of the state’s case against Donald Trump for scamming millions from students of his now-defunct real estate seminar.
Owens, now retired, said his team had built a solid case against the now-presumptive Republican presidential nominee, but was told to drop it after Trump’s company agreed to cease operations in Texas.
The former state regulator told The Associated Press on Friday that decision was highly unusual and left the bilked students on their own to attempt to recover their tuition money from the celebrity businessman.
According to the documents provided by Owens, his team sought to sue Trump, his company and several business associates to help recover more than $2…
Paxton’s office issued a cease and desist letter to former Deputy Chief of Consumer Protection John Owens on Friday after Owens made public copies of a 14-page internal summary of the state’s case against Donald Trump for scamming millions from students of his now-defunct real estate seminar.
Owens, now retired, said his team had built a solid case against the now-presumptive Republican presidential nominee, but was told to drop it after Trump’s company agreed to cease operations in Texas.
The former state regulator told The Associated Press on Friday that decision was highly unusual and left the bilked students on their own to attempt to recover their tuition money from the celebrity businessman.
According to the documents provided by Owens, his team sought to sue Trump, his company and several business associates to help recover more than $2…
As Fort McMurray fire captain Ryan Pitchers battled the wildfire known as “The Beast” with all his might, he wondered, as a business owner, if his downtown pet food store would still be standing afterwards.
The Toronto Real Estate Board must let its member brokers release more home sales data to the public via the internet, the federal Competition Tribunal ordered Friday, in a move that could resonate across Canadian real estate markets.
Handout or no? Swiss mull $2,500 monthly income for all
– canadianbusiness.com
GENEVA – Would you accept about $2,500 from your government every month, no questions asked?
Swiss voters get a choice Sunday in a referendum that, while not specifying a figure, asks if they want “unconditional basic income.” Experts estimate a minimum of 2,500 Swiss francs ($2,560) per month is needed for an individual to make ends meet in wealthy Switzerland, where private-sector health insurance is required and the cost of living is sky-high.
Critics warn that the policy would explode the state budget. The Swiss government itself advises voters to reject the proposal, and polls suggest it will fail in a country known for free-market policies and a high-tech, capitalistic financial sector.
Proponents, however, insist the time has come for a minimum monthly wage as sweeping 21st-century economic changes like robots displacing factory workers make jobs more precarious in the digital age. They say they’re seeking momentum more than outright victory.
Polls have suggested that only about one-quarter of Swiss voters back the idea…
Swiss voters get a choice Sunday in a referendum that, while not specifying a figure, asks if they want “unconditional basic income.” Experts estimate a minimum of 2,500 Swiss francs ($2,560) per month is needed for an individual to make ends meet in wealthy Switzerland, where private-sector health insurance is required and the cost of living is sky-high.
Critics warn that the policy would explode the state budget. The Swiss government itself advises voters to reject the proposal, and polls suggest it will fail in a country known for free-market policies and a high-tech, capitalistic financial sector.
Proponents, however, insist the time has come for a minimum monthly wage as sweeping 21st-century economic changes like robots displacing factory workers make jobs more precarious in the digital age. They say they’re seeking momentum more than outright victory.
Polls have suggested that only about one-quarter of Swiss voters back the idea…
