GE ousts its CEO
After less than two years and declines on several fronts at General Electric, John Flannery has been ousted as the leader of the century-old company. Flannery took over for longtime CEO and Chairman Jeff Immelt in August 2017 with the company trying to re-establish its industrial roots, albeit a high-tech version of itself. However, as […]
Pfizer CEO to depart
The biggest U.S.-based drugmaker will change leaders in January when Pfizer Chief Operating Officer Albert Bourla replaces CEO Ian Read, who has led the company for nearly eight years. Pfizer said Monday that Read will become executive chairman of Pfizer’s board of directors. The maker of Viagra and the advanced breast cancer drug Ibrance has […]
Indigenous underemployed
When Kevin Chief finished his university degree, he wasn’t sure how to land his first real job. The vice-president of the Business Council of Manitoba and former NDP cabinet minister, who grew up in Winnipeg’s North End neighbourhood, saw the barriers many of his Indigenous friends faced. Chief’s basketball skills got him through university, but […]
Dairy farmers pan pact
Canadian dairy farmers have panned the renegotiated trade pact between Canada, the U.S. and Mexico, saying the new deal will undercut the industry by limiting exports and opening up the market to more American products. Dairy Farmers of Canada issued a terse statement almost immediately after the 11th-hour agreement was announced late Sunday, following 14 […]
Is a rent-to-own home right for you?
Spend an afternoon poring over online apartment listings, and you’ll see them: flashy ads urging you to “rent to own” a home instead of just renting. The pictures look normal. The prices seem reasonable. But are rent-to-own houses legit? Yes — but there are aspects of these deals that buyers need to be alert to, […]
Best Places To Visit In The US This Year
Whether you dream of escaping to a far-flung beach, adventuring up a mountain, wandering a new city’s streets, discovering ancient ruins, or simply relaxing lakeside, MONEY’s Best in Travel guide can help you make it happen. For the third year, MONEY has found destinations both in the U.S. and internationally that deliver the highest value […]
This is why homeowners may need flood insurance
Floods are the nation’s most common and costly natural disaster. Yet, standard homeowners and renters insurance policies specifically don’t cover that. “Your homeowners policy will cover water damage if water came from above,” said Jason Hargraves, managing editor of insuranceQuotes.com. “If your house is damaged from water that comes from the ground up, you’ll need flood […]
Tesla’s new mobile app update lets you get more control over your car from your phone
TESLA MOBILE APP UPDATE There are three main changes in this new update: Third-party map apps navigation sharing Remotely initiating vehicle firmware updates Media control for passengers It requires Tesla 3.6.0 on iOS or Android and the vehicle firmware 18.39 (version 9). Third-party map apps navigation sharing The first new feature enables Tesla owners to find […]
The war over music copyrights
VC firms haven’t been the only ones raising hundreds of millions of dollars to invest in a booming market. After 15+ years of being the last industry anyone wanted to invest in, the music industry is coming back, and money is flooding in to buy up the rights to popular songs. As paid streaming subscriptions get […]
Five breakthroughs in restoring mobility
Technological advances and surgical developments are offering new hope to those with reduced or no mobility Epidural stimulation This week, two paraplegic patients were able to take steps again after researchers implanted an electrical device in their lower backs. Teams from the University of Louisville and the Minnesota Mayo Clinic used electrical stimulation to excite […]