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News
Gloria Steinem opened the door. Now women need a seat at the table
5+ hour, 1+ min ago (934+ words) When David Grinberg's 22-year-old daughter, Ily, started her career in wealth management in Chicago this summer, he was thrilled. But as an M&A attorney at Sidley Austin who has spent years advising entrepreneurs — and as the father of three…...
An Oakville woman borrowed $1,000 against her Jeep — she now owes $4,000 and the lender repossessed her vehicle
31+ min ago (633+ words) Three years ago, Oakville small business owner Heidi Deveau needed cash, so she took out a $1,000 "title loan" from BHM Financial, using her paid-off Jeep Wrangler as collateral. It looked like a manageable, short-term fix. It turned into a $4,000 bill…...
Capgemini sells US subsidiary criticised over ICE contract
10+ hour, 17+ min ago (311+ words) French IT giant Capgemini announced on Saturday that it has signed a definitive agreement to sell its US subsidiary, following controversy over its links with ICE, Donald Trump's immigration police force. The buyer is ITC Federal, "a US provider of…...
Ontario woman's $1,650 furnace 'rebate' from a Facebook ad turned out to be a 20-year, $12,000 loan
1+ hour, 31+ min ago (739+ words) Colleen Carter of Courtice, Ont., thought she'd found a way to cut the cost of a new furnace. In April, she clicked a Facebook ad promising a rebate for home heating upgrades, and a salesperson called her almost right away…...
Crude Oil Is Soaring, and Here’s How Canadian Energy Investors Can Play it
3+ hour, 1+ min ago (645+ words) As the Middle East crisis is back in focus, crude oil has once again crossed a level that could have a major impact on the Canadian energy sector. Currently, Brent crude is trading above US$100 per barrel for the first…...
$5 billion in foreign capital pours into Canadian oil and gas, but Ottawa's policy decisions could kill the boom
4+ hour, 31+ min ago (446+ words) Global capital is flooding back into Canada's oil and gas sector — and Ottawa now has to decide whether to keep it here. More than $5 billion in institutional capital flowed into Canadian oil and gas stocks over the past year, led…...
One year after a bipolar episode put him in the hospital, Bonobos cofounder Andy Dunn sold his company to Walmart for $310 million
8+ hour, 31+ min ago (447+ words) Over the course of his two-decade career, entrepreneur Andy Dunn has launched several businesses and invested in dozens more. One of his biggest moves to date was selling his menswear brand Bonobos to Walmart in 2017 for a whopping $310 million. But…...
Benin bets on turning its cotton crop into clothes at home
12+ hour, 13+ min ago (920+ words) The founder of DAF Collection said that the tag means her country is trying to take full advantage of the abundant raw material produced in Benin. For her, there is also the opportunity to support more women in her community…...
OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"
13+ hour, 6+ min ago (518+ words) LOS ANGELES, Sept 12 (Reuters) - OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence that render "unacceptable" even a 10% risk that AI could cause human extinction by decade's…...
You Don’t Need a Million-Dollar Salary to Build a Million-Dollar TFSA
2+ day, 20+ hour ago (673+ words) A million-dollar Tax-Free Savings Account (TFSA) sounds like it belongs to someone already sitting in a snazzy corner office. Guess what? It doesn't. Once annual contribution room sets the ceiling, earning an enormous salary provides no special advantage. A patient…...