Some of the most fundamental questions about money are also central to figuring out what and who you want to be: What do I have, what do I want, how does that compare to others around me, and how should I feel about it? In the tenth year that The New York Times has published … [Read more…]
KO Coke (NYSE: KO) doesn’t even make most of the Coca-Cola cans you see; it does something completely different. Most of the beverage giant’s revenue comes from selling syrups and concentrates to bottlers, the front lines selling Coca-Cola’s products. In this video, Travis Hoium explains how the business works and why Coca-Cola outsourced bottling to … [Read more…]
Are you renewing your car or home insurance soon? Increasing your deductible could lower your premium. A legitimate question: What is a franchise? This is the amount you will pay out of pocket in the event of a disaster. For example, you need to change your bumper after an accident. It will cost you $2500 … [Read more…]
WeWork has raised more than $11 billion in funding as a private company. Olive AI, a healthcare startup, raised $852 million. Convoy, a freight startup, has raised $900 million. And Veev, a homebuilding startup, raised $647 million. In the last six weeks, they have all filed for bankruptcy or closed. They are the latest failures … [Read more…]
BeachClub owner Olivier Primeau ended his plan to open Slice Gang Pizza pizzerias across Quebec last summer after he was the victim of several arson attacks. The company will arrange the final details with the insolvency administrator. “The project was affected. It wasn’t really attractive to franchisees anymore, so we closed the company. At the … [Read more…]
On the one hand, artificial intelligence will destroy many jobs and disrupt entire sectors of the economy; On the other hand, it will encourage the creation of other areas of activity. By offering its next online store, the ChatGPT Editor, OpenIA will give the most experienced the opportunity to create their own customized GPTs, but … [Read more…]
In this bi-weekly column, we provide an overview of insider transactions and investments in Quebec companies. • Also read: The Smart Investor: Wealthsimple’s Meager Returns • Also read: The FTQ fund invests in electronic circuits His options pay him $11.6 million The big boss of CGI, the American George Schindler, made a profit of $11.6 … [Read more…]
If the Legault government no longer has the means to pay public sector employees better, it is because of the money given to Quebecers, particularly through tax cuts and checks given to Quebecers before the last election , claim liberals and PQists. • Also read: Poll: Legault is aware that Quebecers are ‘angry’ with him … [Read more…]
“47 Ronin” director Carl Erik Rinsch spent the millions Netflix gave him for his sci-fi series on bets on the stock and cryptocurrency markets, according to The New York Times. John Sciulli via Getty Images; Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images Netflix gave “47 Ronin” director Carl Erik Rinsch millions to produce the sci-fi series … [Read more…]
Not surprisingly, the Trudeau government’s chief financial officer, Chrystia Freeland, has been forced to revise upward the enormous federal debt that all Canadians must bear by the sweat of their brow. Compared to the budget from March last year, additional spending of 59 billion euros was made for the five financial years up to 2027-2028. … [Read more…]