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SpaceX owner and Tesla CEO Elon Musk at the Axel Springer Awards ceremony on December 1, 2020 in Berlin. Hannibal Hanschke – Getty Images Elon Musk’s X may be on the rise, but another company owned by the billionaire is on its way to reaching dizzying heights. Musk is in talks to sell $500 million … [Read more…]
Near recession, zero growth in Canada, gloomy economic growth forecasts for 2024: All indicators pointed to the Bank of Canada not raising its key interest rate on Wednesday, but when are the cuts expected? • Also read: The Bank of Canada decides to take another interest rate break Even though the increases so far seem … [Read more…]
Pedestrians walk past a Levi’s store in Hong Kong. Sopa pictures | Light rocket | Getty Images Levi’s CEO Chip Bergh is resigning and handing the reins to his longtime successor, Michelle Gass, the former CEO of Kohl’s, the company announced Thursday. Gass will take over as CEO on January 29th, while Bergh will officially … [Read more…]
The developers of Lego Fortnite have ensured that all structures built in the game can be recreated in the real world using Lego bricks. (Photo: 123RF) Global toy leader Lego and video game publisher Epic Games on Thursday launched Lego Fortnite, a version of the platform aimed at hundreds of millions of players that aims … [Read more…]
More than 55 employees of technology consulting firm CGI lost their livelihoods in Montreal last month following a stroke in its real estate portfolio, the multinational said Newspaper, Wednesday. Last fall, CGI made efforts to review its real estate portfolio and improve its fees globally. As a result, about fifty Quebec workers have just been … [Read more…]
Pedestrians walk past a Levi’s store in Hong Kong. Sopa pictures | Light rocket | Getty Images Levi’s CEO Chip Bergh is stepping down and handing the reins to his longtime successor, Michelle Gass, the former CEO of Kohl’s, the company announced Thursday. Gass will take over as CEO on January 29th, while Bergh will … [Read more…]
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Current levels of carbon dioxide in the atmosphere have not been reached on Earth for 14 million years, according to a major study that highlights the inhospitable climate humanity is heading towards. This paper in the journal Science (New Window) tracks CO2 levels from 66 million years B.C. BC to today’s global warming with unprecedented … [Read more…]
SME owners want the union’s request to grant 10 days of vacation to all employees who cannot telecommute to be rejected by Quebec due to the costs this vacation could incur. Nearly 4,200 SMEs in Quebec have signed a petition to Labor Minister Jean Boulet to express their concerns, the Canadian Federation of Independent Business … [Read more…]