US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages + MORE May 14th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Nortel bankruptcy: $7.3B in remaining assets to be split among subsidiaries + MORE May 13th

The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday..... More »

Historic New Hampshire general store up for auction + MORE Jul 13th

BATH, N.H. – A historic general store and tourist attraction in New Hampshire that closed earlier this year is up for auction. The Brick Store in Bath was built in the late 1700s or early 1800s. It closed after several years of financial hardship, and is up for auction on Wednesday. The store .... More »
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Say Good-bye to Foot Pain: Kick Your Bunion to the Curb Aug 26th

Few, if any, investments are more important than the investment you make in your health. If you are experiencing aches and pains caused by bunions, it’s time to take action. But first, it’s important to find out if bunions are the true cause of your discomfort. Contact a specialist to find out, .... More »

How Vida Gabriel Is Making Carbon-capture Technology Even Greener + MORE Oct 31st

When Vida Gabriel was working on her master’s at the University of Ottawa in 2017, she met Sean Wilson, a chemical engineer, at a student holiday potluck where Wilson drew her name for Secret Santa. Gabriel, who was studying how to make polymers biodegradable, offered to help Wilson with grant app.... More »

Carney Courts Investors to Reduce Canada’s Economic Dependence on U.S. - The New York Times Apr 17th

Carney Courts Investors to Reduce Canada’s Economic Dependence on U.S.  The New York TimesCanada to host September summit in Toronto to help draw billions in foreign investment, Carney says  The Globe and MailCarney's pitch to unlock trillions in global investment  CB.... More »

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.

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120 days – 1.70%

– 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.

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NEW YORK, N.Y. – Some of the country’s largest retailers are banding together in hopes of protecting consumers’ personal and financial information from hackers and thieves.
The Retail Industry Leaders Association, along with several top retailers ranging from Gap Inc. to Walgreen Co., on Wednesday launched an intelligence sharing centre focused on the prevention of cybercrimes against retailers.
RILA says the centre will allow retailers to share information about data breaches and potential threats and also inform members of law enforcement and industry analysts.
Other participating retailers include Nike Inc., Lowes Cos. and Target Corp., which was hit with a massive data breach at the height of last year’s holiday shopping season. The incident touched millions of Americans who shop at the retailer’s stores and shined a spotlight on the growing problem of cybercrime.
The post New centre will allow retailers to share information about cybercrimes, potential threats appeared first on Canadian Business.

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Ultimate Sustainable Dividend Portfolio – May 2014 Update – New Record!!In September 2011, I did some in-depth research to find long term sustainable dividend stocks and have been doing updates on this Ultimate Sustainable dividend portfolio since then in the attempt to show how well such a portfolio can perform over the long term. I would personally say that things have been going very well and will certainly continue to evolve. I do have a few more things planned which I will discuss in the near future.
The USDP is obviously a critical part of my now very public quest to replace my job income with passive income. you can see my most recent update here.
The past month has been a great one with the overall markets doing very well. I’ll also be trading for the USDP in the coming days and have more about that later in this post. I’ll be looking for 1-2 new stocks and will be going through the process in the newsletter in the next few days.
If ever you would like to receive those types of updates, please join, it’s free:
 
Keep in mind that this portfolio was built by selecting 20 stocks out of thousands…

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POLSON, Mont. – A jury has ordered Hyundai to pay $240 million in punitive damages after finding that a manufacturing defect in a Hyundai vehicle caused a crash that killed two cousins in July 2011.
Lake County jurors late Tuesday awarded actual damages of $1 million to each parent and $500,000 to each sibling of 19-year-old Trevor Olson and 14-year-old Tanner Olson, who died in the head-on crash. Jurors also ruled Trevor Olson’s estate should receive $2.6 million for lost earnings.
It’s unclear if the punitive damages will stand. Montana has a $10 million cap on such damages, but that’s being challenged after a District Court judge in Butte ruled it wasn’t high enough to deter future wrongdoing by wealthy companies.
Hyundai Motor America released a statement Wednesday saying the verdict was mistaken and it planned an immediate appeal.
The post US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages appeared first on Canadian Business.

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