CALGARY, Alberta, Feb 4 (Reuters) – Canada will not rush to lift sanctions against Iran, despite calls to scrap the measures quickly so Canadian companies can compete for contracts, Prime Minister Justin Trudeau said on Thursday. read more >>> Source : Reuters
Sumner Redstone and his two other top Viacom executives together received $603 million from the company in the last six years despite the company’s troubles. read more >>> Source : CNN Money
Beyond China few may have heard of OPPO or Vivo, but these local handset vendors are rising up the rankings in the world’s largest smartphone market, using local marketing savvy and strong retail networks in lower-tier cities. Industry experts say these cities – there are more than 600 of them and some are bigger than […]
Over time, currency and oil markets tend to move inversely to each other, explains Tobias Levkovich, chief U.S. equity strategist at Citigroup. read more >>> Source : CNBC.Com
On a fourth-quarter and full-year 2015 earnings conference call with analysts on Wednesday, before she uttered a single word about a car or a truck, General Motors CEO Mary Barra talked about leading “the transformation of personal mobility.” GM was founded in 1908, at a time when over 24 million horses and mules were still […]
An Indian software company plans to open its first North American sales office on Prince Edward Island this spring, creating between five and 10 jobs, the provincial government says. read more >>> Source : CTVNews.Ca
The Berggruen Institute, an independent, non-partisan “think and action tank” that is co-publisher of The WorldPost, announced this week that Craig Calhoun will become the new president of the organization. Professor Calhoun will leave his current position as director and president of the London School of Economics and Political Science in the summer of 2016 […]
CALGARY, Alberta, Feb 4 (Reuters) – Canada will not rush to lift sanctions against Iran, despite calls to scrap the measures quickly so Canadian companies can compete for contracts, Prime Minister Justin Trudeau said on Thursday. read more >>> Source : Reuters
President Barack Obama plans a fee of $10 (£6.85) on every barrel of oil produced by US firms to fund green transportation projects. read more >>> Source : BBC
(Adds analyst comments, updates prices) * Canadian dollar ends at C$1.3745, or 72.75 U.S. cents * Currency touches strongest level since Dec. 11 at C$1.3640 * Bond prices mixed across the maturity… read more >>> Source : Reuters
President Obama proposed a tax of $10-a-barrel on oil companies to help pay for a wave of clean transportation investments. read more >>> Source : CNN Money
For their retirement, NFL players partly rely on a multiemployer plan that’s on shaky ground, not unlike some other plans. read more >>> Source : BankRate.Com
U.S. President Barack Obama is proposing to implement a $10 US-a-barrel tax on oil in the 2017 budget he presents to Congress next week, the White House says. The proposed fee would fund a range of green transportation initiatives. read more >>> Source : CBC.Ca
While most stocks continued to struggle, a few big names are continuing to make new highs. Mattel (MAT) made a strong move into new high territory Thursday, following up on gains since the company’s Q4 earnings beat estimates late Monday. The toy maker announced a turnaround in earnings growth with a 21% increase after eight […]
LinkedIn shares plunged by as much as 21% in after-hours trading, after the company reported quarterly earnings, with weaker-than expected guidance. The company said it expects first-quarter adjusted earnings-per-share of $0.55, but analysts had estimated $0.75 according to Bloomberg. It projected first-quarter revenues at $820 million, missing the forecast for $867.1 million. More to come […]
Former press baron Conrad Black is looking to sell his 23,000-square-foot home in Toronto’s exclusive Bridle Path neighbourhood. read more >>> Source : CTVNews.Ca
The greenback ruled the market for much of 2015 as the prospect of higher growth and higher interest rates in the US increased demand for the dollar. read more >>> Source : EconomicTimes.IndiaTimes.Com
While relatively few stocks in Your Weekly Review have broken out past buy points, many are on track to reach those bullish levels. A scan of today’s list shows more than two dozen stocks forming bases. Their price trajectories no longer are pointing downward, and instead are curving upward. A preliminary look showed the average […]
Innovation thought leaders and industry experts emphatically harp that if you want to stay afloat (and ultimately thrive) in today’s hyper-competitive business environment, innovation is not optional–it’s absolutely imperative for survival and success. Your customers demand it; and if you can’t innovate, your competitors will consistently outflank and outperform you. Sink or swim. Fly or […]
Facebook is a dozen years old this February 4. The company calls its birthday Friends Day, and its released some pretty amazing statistics about how Facebook friends are connected. read more >>> Source : CNN Money
Oil companies would cover the fee under the plan, which would have difficulty clearing the Republican-controlled Congress. read more >>> Source : CNBC.Com
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. What credit scores look like across America (CreditRepair.com) CreditRepair.com looked at the median credit score for every state in America, and found southern states have the lowest scores in the country. Residents of Mississippi (655), Georgia […]
* U.S. January nonfarm payrolls report looms (Adds analyst comment, updates prices) read more >>> Source : Reuters
Inequality “undermines the fabric of society,” according to Unilever CEO Paul Polman. Unilever has a market cap of around $130 billion, and owns household brands like Axe, Hellman’s, Dove, Knorr, Ben & Jerry’s and Vaseline. “Inequality is probably the biggest prohibitor that we face to creating a sustainable and equitable future for all of us,” […]
MARKS & Spencer has teamed up with model and TV presenter Alexa Chung to fashion a womenswear revival and attract younger shoppers. read more >>> Source : The Daily Express
Shares in Mattel jump 8% following a report that the toy-maker has held merger talks with rival Hasbro. read more >>> Source : BBC
WASHINGTON, Feb 4 (Reuters) – Republican U.S. Senator Rob Portman on Thursday said he opposes the Trans-Pacific Partnership trade deal in its present form, dealing a significant blow to the pact just… read more >>> Source : Reuters
The surviving candidates and political media exited Iowa early Tuesday morning for New Hampshire and beyond, but businesses can learn from what happened to Donald Trump in the Iowa caucuses. The Trump campaign offered “hoopla” that included customer marketing, branding and strategic advertising. As impressive as “Trump Force One” and his organization appeared, The Donald […]
The water crisis in Flint, Michigan has Wall Street scooping up water utility stocks. Investors are betting that more cities and states could push to privatize municipal water utilities. read more >>> Source : CNN Money
SANTIAGO, Feb 4 (Reuters) – An Italian consortium, including construction company Astaldi Spa, is close to securing a contract to build the world’s largest telescope in the Chilean desert, project owner the European Southern Observatory (ESO) said on Thursday. read more >>> Source : Reuters
Jobs day is just a few hours away. Economists forecast that on Friday morning, the Labor Department will say the US economy added 190,000 jobs in January according to Bloomberg: the slowest pace in four months. Goldman Sachs’ Daan Struyven and team are expecting an even lower print, at 170,000, which they bumped down from […]
Danier Leather Inc. said it has entered insolvency proceedings in order to protect itself from creditor lawsuits as it seeks a buyer. read more >>> Source : CTVNews.Ca
* U.S. January non-farm payrolls report eyed (Adds analyst comment, data, U.S. non-farm payrolls expectations; updates prices) read more >>> Source : Reuters
Feb 4 (Reuters) – Click on http://tmsnrt.rs/23LvYB2 for a table that compares U.S. retailers’ January same-store sales with analysts’ estimates as published by Thomson Reuters. ** Gap Inc will report January same-store sales on Monday, Feb. 8. (Bengaluru Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780) read more >>> Source : Reuters
While homeownership has long been deemed the “American dream,” it may not actually make sense for younger Americans right now. read more >>> Source : CNBC.Com
In an ever-increasing food fight for market share, GrubHub (GRUB) reported strong fourth-quarter earnings Thursday morning that gave its stock a much-needed boost. The operator of an online food delivery network reported revenue of $100 million, up 36% year over year and exceeding the consensus estimate of $99.4 million. Earnings per share minus items of […]
A union representing 65,000 workers in British Columbia has signed a declaration vowing to oppose pipelines from crossing the territories of more than 130 First Nations. read more >>> Source : CTVNews.Ca
Finance Insider is Business Insider’s midday summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click “Get updates in your inbox,” or click here. Infamous former Turing CEO Martin Shkreli just faced Congress. Shkreli, as expected, invoked the Fifth Amendment and seemed to […]
Early signs of capitulation by oil producers could mean a bottom is getting closer. read more >>> Source : CNBC.Com
Amid the wreckage of the crude oil market, Warren Buffett’s already big bet on an oil giant nears $1 billion. read more >>> Source : CNBC.Com
Canadian retailer Danier Leather has begun insolvency proceedings that could lead to a sale of all or part of the company, including bankruptcy. read more >>> Source : CBC.Ca
SHELL warned yesterday that continued weak oil prices would lead to more cutbacks as the company’s annual profit plunged 80 per cent to a 13-year low. read more >>> Source : The Daily Express
The Super Bowl, the championship clash between the two top teams in American Football, is the most-watched sporting event of the year, and advertisers are lining up and paying big bucks to get their commercials on the air. In fact, the TV commercials during the Super Bowl have become one of the most anticipated and […]
I set out recently to write about a new program of down payment (henceforth DP) insurance, but quickly realized that such an article required an extensive preface that clarifies what the DP is and what it is not. The new program is discussed after that. Definition of Down Payment To a home buyer, the DP […]
We have to aggressively fight ultra-low inflation – that was the message repeated by “European Central Bank President Mario… read more >>> Source : EuroNews.Com