 Your new post is loading...
Jerome H. Powell used his inaugural speech as Federal Reserve chairman on Friday to highlight the strength of the United States economic recovery, and told a questioner that a potential trade war would have no immediate effect on the Fed’s plans to continue gradually raising interest rates this year.
Canada’s first cannabis mutual fund is cutting back on pot stocks.
Many of the likely candidates are men, and that may not be ideal for a company with mostly female customers — especially given its gender-related missteps in recent years
On February 21, 2018, the SEC issued interpretive guidance (the “release”) [1] in response to the pervasive increase in digital technology as well as the severity and frequency of cybersecurity threats and incidents. The release largely refreshes existing SEC staff guidance related to cybersecurity and, like that guidance, does not establish any new disclosure obligations but rather presents the SEC’s views on how its existing rules should be interpreted in connection with cybersecurity threats and incidents.
Nobody gets excited about a proxy contest. They are expensive for both sides; company performance is typically impacted by months of management distractions; and reputations on both sides are often harmed — even subject to personal accusations. As active investment managers and hedge funds continue to grow their piece of the shareholder pie, the threat of proxy contests will likely only increase.
Canadian Imperial Bank of Commerce has filed paperwork to list its Caribbean banking subsidiary on U.S. stock markets, signalling a desire to pull back from a region that has proven challenging for banks.
Canadian oil and gas producer Cenovus Energy Inc said on Thursday it named Jon McKenzie chief financial officer, bringing in an industry veteran who most recently helped rival Husky Energy Inc rein in costs and strengthen its finances.
Manufacturing towns aren’t the only part of the U.S. that have been devastated by perverse economic policies; urban areas dependent on retail have also been hit. President Donald Trump’s attack on Amazon may begin to reverse the unintended harm caused by online retail, leveling the playing field and saving many cities, suburbs and towns from being further hollowed out.
Proxy advisory firm Institutional Shareholder Services on Thursday recommended that shareholders of General Electric Co (GE.N) vote against keeping accounting firm KPMG as the company’s auditor because of “concerns about GE’s previously undisclosed liabilities and accounting practices.”
China is serious about weaning itself from debt and even more serious about keeping its economy stable.
La contribution d'Hydro-Québec (HQ) dans le projet de train électrique de la Caisse de dépôt va devoir être plus élevée qu'on ne l'avait cru jusqu'ici, a appris La Presse.
It is high time for the EU to work on more than just wishful thinking in response to the US challenge to global trade. With the first cracks appearing in the multilateral system, it will be difficult for the EU to maintain a middle course between the US and China.
Preliminary figures show faster growth in the amounts governments are budgeting for healthcare over the past three years, according to a new report from the C.D. Howe Institute. In “Healthcare Costs in Canada: Stopping Bad News Getting Worse,” author William B.P. Robson warns that the preliminary figures likely understate the acceleration, since later figures typically reveal that provinces and territories have overshot their budget targets.
|
Investors have bailed on the Canadian energy sector, although mergers & acquisitions north of the border could provide a much needed catalyst, barring pipeline and political developments. Raymond James recently called upon John Connor to help save the space, and BMO Capital Markets is now calling for consolidation.
Central bank governors from the UK, France and the Netherlands are considering increasing regulatory oversight to address climate-related risks to the financial system, including carbon stress tests for banks.
Carr noted that the B.C. economy is heavily dependent on natural resource... and scaring off Kinder Morgan investors could have long-term consequences
“Where was the Board?” is asked every time a major hacking causes yet another data breach. Data breaches and ransomware attacks occur every day, with massive impacts on companies’ finances, market value, and reputation.
BlackRock Inc., the world’s largest asset manager, said on Thursday it will offer new investment strategies and exchange-traded funds that exclude civilian firearms producers and retailers, following through on plans it outlined last month after a Florida high-school massacre.
Where we are on trade now
Ontario’s securities regulator has launched a probe of the cryptocurrency industry after receiving complaints that some firms may have violated securities laws, The Globe and Mail has learned.
Activist investors have the power to get more women on corporate boards, should they choose to use it.
Canada’s securities regulators are considering new rules that would require companies to disclose more about how they identify and manage “material” risks from a variety of factors including climate change, cyber security, potential free trade barriers, and disruptive technology.
Once the wildest of emerging markets, Thailand is ageing fast. Its economic policymakers need to change course
More than 78% of U.K. companies paid men more than women, with a median pay gap of 9.7% on average, according to the BBC’s analysis of the data.
The effect of Delaware incorporation on firm value is an enduring question in corporate law. Robert Daines shifted the terms of this debate in Does Delaware Law Improve Firm Value? (2001) by showing that publicly traded Delaware corporations, controlling for a number of other factors, were worth more money. Daines interpreted this to mean that Delaware’s corporate law increased firm value, particularly as it relates to hostile takeovers.
|
Scoop.it!
