After a brief retirement, Heather Reisman has been reinstated as CEO of Indigo, the book retailer she founded almost 30 years ago. Founder had announced her retirement this summer before her successor abruptly resigned. After a brief retirement, Heather Reisman has been reinstated as CEO of Indigo, the book retailer …
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Asian markets stuttering
HONG KONG: Asian markets started the week limply on Monday following a sell-off on Wall Street, with focus turning to the Federal Reserve’s keenly awaited key policy decision. Traders were a little more cautious after the healthy close to last week that was fueled by another batch of positive Chinese …
Read More »US auto talks at ‘critical phase’
WASHINGTON: High-wire talks between striking US workers and automotive giants are in a “critical phase,” Jeep-maker Stellantis said Saturday (Sunday in Manila), as politicians staked out positions on a labor issue that could have national impact. Stellantis, together with fellow “Big Three” automakers General Motors and Ford, was hit Friday …
Read More »Several Evergrande staff arrested
BEIJING: Police in China have arrested several employees of a subsidiary of troubled Chinese property giant Evergrande, authorities said Saturday. Employees at Evergrande’s financial subsidiary, Evergrande Wealth Management, were arrested, police in the southern city of Shenzhen said in a statement, without specifying the number of employees or the charges …
Read More »Métro Média to declare bankruptcy as local journalism takes another hit
Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province’s two largest cities, the head of the Quebec newspaper publisher said Sunday. ‘The Journal Métro as you knew it no longer exists,’ says Métro Média CEO. Métro Média will declare bankruptcy …
Read More »Cement is everywhere. The industry is turning to carbon capture to curb emissions, and it’s not alone
Cement is ubiquitous, but the process of making it emits carbon into the atmosphere. The industry says there’s no easy way to avoid that, which is why it’s turning to carbon capture and storage technology as a way to decarbonize. Cement and other ‘hard-to-abate’ industries see technology as emissions fix. …
Read More »How pay transparency is breaking down the taboo of talking about your salary
“How much do you make?” The once-taboo question is becoming increasingly common, as more workers push to normalize pay transparency — or open conversations about salary — in an effort to close gender and racial pay gaps. Canada’s female workers make about 89 cents for every dollar earned by men. …
Read More »TikTok hit with $500M fine in Europe for past failings safeguarding youth privacy
TikTok was handed a large fine from a regulator in Europe for past shortcomings in protecting the privacy of younger users, a development that experts say could have implications for Canadian regulators and young people using the popular platform here. Privacy experts say Irish watchdog’s ruling could have implications in …
Read More »Safeway workers in B.C. vote overwhelmingly in favour of strike action
More than 3,000 Safeway workers at 40 Lower Mainland locations have voted in favour of strike action following eight months of contract bargaining. On Sept. 14, 98 per cent of Safeway union members in the Lower Mainland voted in favour of a strike. More than 3,000 Safeway workers at 40 …
Read More »Digital nomads want to work from anywhere. Some worry that’s creating problems for local communities
The trend toward digital nomadism has been growing in recent years, but saw a sharp rise after the pandemic opened the door to more flexibility at work. But that freedom to work from anywhere has created tension in some communities where the cost of living has spiked for locals. Housing …
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