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United CEO manages apology in third statement since man dragged screaming from overbooked plane - National Post + MORE Apr 12th
National PostUnited CEO manages apology in third statement since man dragged screaming from overbooked planeNational PostAfter two days of conflicting explanations, falling stock prices and worldwide outrage, United Airlines entered full mea culpa mode Tuesday, with its chief executive apologizing f.... More »
Could you become a millionaire by investing the minimum wage hike? + MORE Jan 23rd
(Shutterstock)
Ontario Premier Kathleen Wynne increased the minimum wage from $11.60 per hour to $14.00 per hour on January 1, 2018. The rate will rise to $15.00 on January 1, 2019, meaning a 29% total increase. Besides Alberta and the territories, the other Canadian provinces have minimum wages of .... More »
Fewer listings, strong demand helps Vancouver area real estate rally + MORE Apr 4th
Home sales in Metro Vancouver are bouncing back after a dismal February, but the Real Estate Board of Greater Vancouver says transactions are still almost 31 per cent below the March 2016 record.
The board says a shortage of property listings and strong demand, especially for condos and townhomes, p.... More »
Should you withdraw from non-registered or TFSA investments in retirement? + MORE Mar 8th
Ask MoneySense
I have stocks in my TFSA as well as some that are non-registered. I am at the point in my life (retired) now that I’d like to begin selling them and using the money. Do I sell from the TFSA account or just from the non-registered portfolio?—Catherine
TFSA versus non-registered.... More »
Getting Financing After Bankruptcy IS Possible Aug 29th
Contrary to popular belief, it is possible to obtain a personal loan after you have been declared bankrupt.
It is not going to be an easy process by any stretch of the imagination, but it certainly is possible. On this page, we are going to go through everything that you need to know about obtaining.... More »
How to make big returns by doing nothing, REIT picks, and the number of stocks you should really own
– theglobeandmail.com
A roundup of investment ideas for active investors
Vancouver's Shoes.com shuts down operations
– theglobeandmail.com
The former IPO hopeful will work with its lenders to liquidate its assets and assign some of its companies to bankruptcy
Uncertainty over Trump is toxic for Canadian business investment
– theglobeandmail.com
Trump’s push to bully companies into joining his ‘American first’ campaign is a bad omen for Canada
Taylor Swift wants landmark status for her Beverly Hills home
– moneysense.ca
Love her or hate her, Taylor Swift is one of the world’s richest celebrities with estimated career earnings from her music, concerts, acting and endorsements approaching USD$800 million. What does she do with all that money? Invests in real estate.Swift owns homes in New York, Rhode Island, and Nashville. Her most recent purchase, according to TopTenRealEstateDeals.com, is Samuel Goldwyn’s mansion in Beverly Hills. Now she’s trying to get landmark status for the home, in recognition of Goldwyn’s historical contributions to the film industry. Apparently, Taylor wants to preserve the home for future generations of movie fans.
To achieve landmark status, Swift worked closely with architects over the last year to bring the estate back to its exact 1934 condition, when it was built for Goldwyn and his wife, Frances.
For more on this Hollywood Golden Era home in all its restored glory…
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Nigeria seizes $1.2 billion oil bloc in Shell, Eni scandal
– canadianbusiness.com
JOHANNESBURG _ Nigeria is seizing back one of Africa’s richest oil blocs and will prosecute petroleum giants Shell and Eni in a $1.2 billion corruption scandal that has drawn investigators from the United States, Italy, France, Switzerland and Holland, according to a Nigerian Federal High Court document.
The court on Thursday ceded control of Oil Prospecting License 245 to the government while the West African country’s Economic and Financial Crimes Commission investigates and prosecutes suspects in the “Malabu Oil scam,” according to a statement from the commission.
The commission’s petition to the court says Dutch-British corporation Shell and Italian Agip _ now Eni _ bought the bloc in 2011 knowing the transaction was “fraught with fraud” and that the $1.2 billion payment to former petroleum minister Dan Etete and his allies was a bribe. The state oil company got only $210 million from the deal.
The government is preparing further charges of “conspiracy, bribery, official corruption and money-laundering” against Shell and Eni, the petition says…
The court on Thursday ceded control of Oil Prospecting License 245 to the government while the West African country’s Economic and Financial Crimes Commission investigates and prosecutes suspects in the “Malabu Oil scam,” according to a statement from the commission.
The commission’s petition to the court says Dutch-British corporation Shell and Italian Agip _ now Eni _ bought the bloc in 2011 knowing the transaction was “fraught with fraud” and that the $1.2 billion payment to former petroleum minister Dan Etete and his allies was a bribe. The state oil company got only $210 million from the deal.
The government is preparing further charges of “conspiracy, bribery, official corruption and money-laundering” against Shell and Eni, the petition says…
