Thursday, 31 July 2014

Target thinks outside the big box to find new CEO

Otmane El Rhazi from CBC | Business News .



Target New CEO

Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.


Toronto restaurant brings home the bacon — on everything

Otmane El Rhazi from CBC | Business News .



165615758 bacon

In an era where processed and fatty meats have been vilified by health experts, and vegetarianism has gone mainstream, bacon is making a huge comeback.


Wednesday, 30 July 2014

Argentina slides into default as debt talks fail

Otmane El Rhazi from CBC | Business News .



Argentina debt crisis

The collapse of talks with U.S. creditors sent Argentina into its second debt default in 13 years and raised questions about what comes next for financial markets and the South American nation's staggering economy.


Argentina debt crisis: default is imminent, says mediator

Otmane El Rhazi from CBC | Business News .



Argentina debt crisis protester New York

The mediator trying to help Argentina negotiate an 11th-hour with U.S. bondholders to avoid defaulting on its debt said no agreement was reached on Wednesday and that "the Republic of Argentina will imminently be in default."


TSX at record on strong earnings reports

Otmane El Rhazi from CBC | Business News .



TSX Board

The Toronto stock market advanced to a record close Wednesday, powered by solid earnings and an indication from the U.S. Federal Reserve that it is in no rush to raise interest rates.


Cenovus turns to trains as oil production jumps

Otmane El Rhazi from CBC | Business News .



li-cenovus-christina-lake62

Cenovus Energy Inc. has appointed a vice president of rail to its leadership team, as the major oilsands producer moves more of its crude by train.


Nintendo losses mount as Wii U, video game sales lag

Otmane El Rhazi from CBC | Business News .



hi-wii-u-852

Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales.


Microsoft Cortana goes international with Windows Phone update

Otmane El Rhazi from CBC | Business News .



Cortana, World Cup

Microsoft is rolling out Cortana, a digital assistant similar to Apple's Siri, in countries outside the U.S. as part of an update to Windows Phone 8.1.


Jane Rooney wants to help you mind your money

Otmane El Rhazi from CBC | Business News .



Jane Rooney

As financial literacy leader at the Financial Consumer Agency of Canada, Jane Rooney aims to have a national strategy by 2015 to improve financial well-being among Canadians.


Fed tapers bond buying again, gives no hint on rate hike

Otmane El Rhazi from CBC | Business News .



Janet Yellen

The Federal Reserve is slowing its purchases of bonds by another $10 billion to $25 billion US a month as expected, but gave no hint of when it might feel compelled to alter interest rates.


Quentin Tarantino, J.J. Abrams lobby to save Kodak film: report

Otmane El Rhazi from CBC | Business News .



Quentin Tarantino, Christopher Nolan, J.J. Abrams

A group of big name directors have pressured Hollywood studios into striking deal to buy motion film stock from Eastman Kodak over next several years, according to the Wall Street Journal.


Victoria's Secret bras to move in as Montreal Chapters closes its doors

Otmane El Rhazi from CBC | Business News .



Teenage Girls Human Remains

The Chapters bookstore in the heart of downtown Montreal will soon shutter its doors, swapping books for bras as Victoria's Secret prepares to move in.


Barack Obama to speak about U.S. economy

Otmane El Rhazi from CBC | Business News .



Obama-Ukraine-Israel

As the U.S. economy shows signs of strengthening with GDP growing at an annualized rate of four per cent in the second quarter of this year, President Barack Obama plans to weigh in on his economic policies today.


American economy expanding much faster than expected

Otmane El Rhazi from CBC | Business News .



canada factory welder stevensville DMI

After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.


McDonald's ruling steps up pressure over labour rights

Otmane El Rhazi from CBC | Business News .



McDonald's logo

The U.S. National Labor Relations Board said Tuesday that McDonald's could be named as a joint employer in several complaints regarding worker rights at franchise-owned restaurants. The decision is pivotal because it could expose McDonald's Corp. to liability for management practices in those locations.