Description: In the wake of the recent tragedy at a factory in Bangladesh that killed more than 1000 workers, a new Bangladesh safety accord was set-up. While a large number of European retailers signed the accord, several large North American retailers, such as Wal-Mart and Gap Inc., abstained from signing the accord. Source: The Huffington… Read more »
Posts By: tonym
Terracycle’s recycling innovation
Description: Terracycle’s CEO Tom Szaky discusses his company’s innovative approach to recycling waste. The company either reuses, up-cycles or recycles wastes that otherwise will not be recycled. Source: CBC Date: June 19 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2392511395/ Questions for Discussion: Do you feel consumers will spend time to ship wastes that can not be recycled? What… Read more »
CEO dismissals highest since 2003
Description: A study on CEOs of S&P 500 companies reveals that the number of CEOs dismissed is the highest since 2003. Source: Financial Post Date: June 18 2013 Link: http://business.financialpost.com/2013/06/18/ceo-dismissals-highest-in-almost-a-decade-study/ Questions for Discussion: What are some of the reasons for the high number of CEO dismissals? Do you see this trend to continue for the… Read more »
Sobeys parent company Empire to buy Safeway for $5.8 billion
Description: Soon Sobeys will become the second largest food grocery chain in Canada behind Loblaw further increasing the competitive landscape in the grocery retail sector in Canada. Sparked by the arrival of Target in Canada, the grocery retail sector has recently seen several major changes. Source: Financial Post Date: June 12 2013 Text link: http://business.financialpost.com/2013/06/12/sobeys-parent-empire-snaps-up-safeway-canada-for-5-8-billion/… Read more »
Job numbers in Canada surge in May
Description: 95,000 unemployed Canadians found jobs in May 2013; these are the best job numbers for any month since 2002. The employment numbers in Canada have shown a steady increase since 2009. Source: CBC Date: June 7 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2390204829/ Questions for Discussion: Which industry saw the most gains in job numbers? Will these… Read more »
Printing 3D chocolates
Description: It is now possible to make chocolates using a 3D printer. NASA is planning to make pizzas using a 3D printer. Before long it may be possible to replicate several food items using these printers. Source: Business News Network Date: May 27 2013 Video link: http://watch.bnn.ca/#clip935781 Questions for Discussion: Do you feel 3D… Read more »
Canadian CEOs among top bank earners
Description: The top earning banker earns nearly $26 million. CEOs of several Canadian banks are ranked among the top bank earners in North America with salaries ranging between $7 million to $15 million. Source: CBC Date: May 29 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2388467779/ Questions for Discussion: Do you agree that no one except shareholders have a… Read more »
Barrick Gold Corp’s continuing problems with their Chile project
Description: Chile files serious violations against Toronto-based Barrick Gold Corporation (world’s largest gold miner) dealing a blow to their Pascua-Lama mine project. The Pascua-Lama mine is believed to house nearly 18 million ounces of gold reserves. Source: The Globe and Mail Date: May 24 2013 Text link: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chile-freezes-barricks-pascua-lama-orders-urgent-measures/article12129034/ Questions for Discussion: What are some of… Read more »
Yahoo buys blogging network Tumblr for $1.1 billion
Description: Yahoo announced that it is acquiring Tumblr—a blogging network site—in a $1.1 billion deal. The deal amount seems too large to be recovered through advertisement revenues. Source: CBC Date: May 21 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2386687850/ Questions for Discussion: Will Yahoo be able to recover the $1.1 billion it is spending to acquire Tumblr? Is… Read more »
Canadian Tire’s innovative ‘digital retail lab’
Description: After acquiring Forzani Group’s stable of sports brands, led by Sport Chek, Canadian Tire, Canada’s largest sports retailer, is digitally revamping its stores. Sport Chek’s store in upscale Toronto has digital kiosks and interactive screens where you can customize your shoes. Source: Yahoo Finance Canada Date: May 17 2013 Text link: http://ca.finance.yahoo.com/news/canadian-tire-rolls-focus-innovation-180000867.html Questions for Discussion: Is… Read more »
