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Ontario takes control of real estate regulator - CBC Nov 28th
Ontario takes control of real estate regulator CBC‘Decisive action is required:’ Ontario moves to take over real estate regulator CP24Ford government to take control of Ontario’s real estate regulator Monday, assumes all powers of board Toronto StarOntario appo.... More »
What happens when you need additional contents insurance? Apr 1st
When Anita Clarke bought her first townhome in Toronto’s west end last year, she started researching insurance policies. The 47-year-old senior managing editor at Shopify previously had tenant insurance with a contents limit of $90,000. But, as she moved into her new home, she wanted to make .... More »
Ruby Tuesday and Concordia skid; Nordstrom and Sunrun surge + MORE Aug 13th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Nordstrom Inc., up $3.82 to $51.38
The department store chain said its anniversary sale results were strong, and it raised its annual profit forecast.
Ruby Tuesday Inc., down 49 cents to $3.24
The restaurant chain re.... More »
Huawei's Meng Wanzhou appears in Vancouver court for bail adjustment hearing Jan 29th
A day after the U.S. Department of Justice announced a formal request for her extradition, the chief financial officer of telecommunications giant Huawei appeared in B.C. Supreme Court for a bail adjustment hearing..... More »
Sprint, Bank of America and FedEx are big market movers + MORE Oct 3rd
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Sprint Corp. (S), up 20 cents to $4.25
The telecommunications and wireless company plans to cut jobs and $2.5 billion in costs, according to The Wall Stree.... More »
Valeant boosts $53.8 billion Allergan bid as Ackman opts for stock – Reuters Canada
– news.google.ca
TODAYonlineValeant boosts $53.8 billion Allergan bid as Ackman opts for stockReuters CanadaBy Rod Nickel, Ransdell Pierson and Caroline Humer. (Reuters) – Valeant Pharmaceuticals International Inc said on Friday it would boost its takeover bid for Botox-maker Allergan Inc for the second time this week, contingent on the two sides negotiating.Valeant boosts cash offer for Botox maker AllerganHamilton SpectatorValeant boosts Allergan bid to get 'this deal done'The Globe and MailValeant hikes cash portion of Allergan bid, putting pressure on board to start talksThe ProvinceLos Angeles Times -OCRegisterall 136 news articles »
Business Highlights
– canadianbusiness.com
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Zuckerberg, wife gift $120M to California schools
MENLO PARK, Calif. (AP) — Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are donating $120 million public schools in the San Francisco Bay Area.
The gift, which the couple discussed Tuesday in an exclusive interview with The Associated Press, will be spread over the next five years. It is the biggest allocation to date of the $1.1 billion in Facebook stock the couple pledged last year to the non-profit Silicon Valley Community Foundation.
The first $5 million of the $120 million will go to the San Francisco, Ravenswood and Redwood City school districts and will focus on principal training, classroom technology and helping students transition from the 8th to the 9th grade. The couple and their foundation, called Startup: Education, determined the issues of most urgent need based on discussions with school administrators and local leaders.
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How Google got states to legalize driverless cars
MOUNTAIN VIEW, Calif. (AP) — About four years ago, the Google team trying to develop cars driven by computers — not people — concluded that sooner than later, the technology would be ready for the masses…
Zuckerberg, wife gift $120M to California schools
MENLO PARK, Calif. (AP) — Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are donating $120 million public schools in the San Francisco Bay Area.
The gift, which the couple discussed Tuesday in an exclusive interview with The Associated Press, will be spread over the next five years. It is the biggest allocation to date of the $1.1 billion in Facebook stock the couple pledged last year to the non-profit Silicon Valley Community Foundation.
The first $5 million of the $120 million will go to the San Francisco, Ravenswood and Redwood City school districts and will focus on principal training, classroom technology and helping students transition from the 8th to the 9th grade. The couple and their foundation, called Startup: Education, determined the issues of most urgent need based on discussions with school administrators and local leaders.
___
How Google got states to legalize driverless cars
MOUNTAIN VIEW, Calif. (AP) — About four years ago, the Google team trying to develop cars driven by computers — not people — concluded that sooner than later, the technology would be ready for the masses…
Federal regulators take over small bank in Maryland; makes 9th US bank failure this year
– canadianbusiness.com
WASHINGTON – Regulators have closed a small lender in Maryland, marking the ninth U.S. bank failure of 2014 after 24 closures last year.
The Federal Deposit Insurance Corp. said Friday that it has taken over Slavie Federal Savings Bank, in Bel Air, Maryland.
The lender, which operated two branches, had roughly $140.1 million in assets and $111.1 million in deposits as of March 31.
Bay Bank FSB, based in Lutherville, Maryland, has agreed to pay the FDIC a premium of 0.20 per cent to assume Slavie Federal’s deposits. It also agreed to buy about $129.9 million of the failed bank’s assets.
Slavie Federal’s failure is expected to cost the deposit insurance fund $6.6 million.
The post Federal regulators take over small bank in Maryland; makes 9th US bank failure this year appeared first on Canadian Business.
The Federal Deposit Insurance Corp. said Friday that it has taken over Slavie Federal Savings Bank, in Bel Air, Maryland.
The lender, which operated two branches, had roughly $140.1 million in assets and $111.1 million in deposits as of March 31.
Bay Bank FSB, based in Lutherville, Maryland, has agreed to pay the FDIC a premium of 0.20 per cent to assume Slavie Federal’s deposits. It also agreed to buy about $129.9 million of the failed bank’s assets.
Slavie Federal’s failure is expected to cost the deposit insurance fund $6.6 million.
The post Federal regulators take over small bank in Maryland; makes 9th US bank failure this year appeared first on Canadian Business.
The week's best web reads: 10 high-conviction purchases of top stock pickers
– theglobeandmail.com
Inside the Market's weekend roundup of some of this week's best investing reads on the Internet.
Business week in review
– cbc.ca
From Google’s driverless cars, computer customers upset about a deal that proved too-good-to-be-true and Apple hinting the iHome may not be far off, it was a busy week in financial news. CBC reporter Jacqueline Hansen will catch you up with the business week in review.
