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We can see what it looks like when Facebook and Snapchat stop growing

Facebook and Snap have seen user growth rates in the US stall in recent years.  Analysts say that Snap has hit a ceiling – it now reaches 90% of all 13-24 year-olds in the US. Facebook's daily and month active user growth rates have stalled in its most important markets – Europe, US, and Canada. It's a glimpse into what it looks like when Facebook and Snapchat stop growing. Visit Business Insider's homepage for more stories. On the surface, Snap and Facebook's earnings this week were ...


Bombardier shares tank 18 percent after it cuts profit, revenue forecasts

Canada's Bombardier Inc cut its full-year profit and revenue forecasts on Thursday, as its key railcar-making unit wrestled with delivery delays and manufacturing challenges relating to a few large projects, sending its shares plummeting more than 18 percent in early trading.
Tags: businessNews


Lariat Partners exits Jacent

Lariat Partners said April 25 that it sold Jacent to Gridiron Capital. Financial terms weren’t announced. Jacent, formed in 2016 by the merger of LaMi Products and ATA Retail Services, sources, warehouses, ships, and stocks more than 3,500 impulse items to more than 15,000 grocery stores across the US and Canada. PRESS RELEASE Lariat Partners Announces Sale of Jacent DENVER, April 25, 2019 – Lariat Partners (“Lariat”), a Denver-based private equity firm, announced today the sale of Jacent, North...
Tags: Consumer/Retail, PE Deals


Ontario Teachers’ unveils tech-focused VC, growth equity platform

Ontario Teachers’ Pension Plan has launched a new platform focused on late-stage venture capital and growth equity investments in technology companies. Teachers’ Innovation Platform, which will target global opportunities to disrupt incumbents and create new sectors, will be led by Senior Managing Director Olivia Steedman. Steedman, who joined the $191 billion Canadian pension fund in 2002, was previously managing director of the infrastructure and natural resources group. PRESS RELEASE TORONTO,...
Tags: Hong Kong, London, Toronto, Trends, Canada, Funds, Tip, Ontario, Asia Pacific region, Ontario Teachers, Europe Middle East Africa, Ontario Teachers ' Pension Plan, Steedman, Ontario Teachers ' Pension Plan Ontario Teachers, Teachers ' Innovation Platform, Olivia Steedman Steedman


Hardy Capital buys eyecare retailer LD Vision Group

Canadian investment firm Hardy Capital has acquired LD Vision Group, an eyecare retailer. No financial terms were disclosed. Canaccord Genuity Petsky Prunier, with a team led by John Fang, was financial adviser to LD Vision Group on the deal. LD Vision has offices in Canada and Buffalo, New York. PRESS RELEASE Vancouver, British Columbia April 24th, 2019 (_Newswire) – Hardy Capital, a Canadian investment firm, announced today that it has completed the acquisition of LD Vision Group. LD Vision Gr...
Tags: Amazon, Trends, Canada, North America, Hardy, Procter Gamble, Essilor, Joseph Thompson, Goldman Sachs Investment Partners, PE Deals, Consumer/Retail, Lensway, Hardy Capital, LD Vision Group, Canaccord Genuity Petsky Prunier, John Fang


[INTERVIEW] Dave Nevins, COO Of InterRent REIT, Former Vice President Of CLV Group

Dave Nevins, Chief Operating Officer of InterRent Real Estate Investment Trust, knows property management. He has served in almost every position in the real estate business in his decades-long career. While still enrolled at the University of Ottawa, Dave worked as a rental agent, working his way up through the ranks to where he is today. Dave Nevins also previously served as the Vice President of Operations for Canada’s CLV Group . From your experience, what do you think makes a succ...
Tags: Startups, Real Estate, Interview, Canada, JDRF, Advice For The Young At Heart, Real Estate Business, Dave Nevins, CLV Group, InterRent Real Estate Investment Trust, University of Ottawa Dave, Boys and Girls Club of Ottawa


Wynnchurch to buy Alliance Designer Products

Wynnchurch Capital LLC said April 23 that it acquired Alliance Designer Products Inc. Financial terms weren’t announced. Alliance Designer makes polymeric sand and related installation products used in residential and commercial hardscaping projects. PRESS RELEASE Wynnchurch Capital Acquires Alliance Designer Products, Inc. Rosemont, IL – April 23, 2019 – Wynnchurch Capital, LLC (“Wynnchurch”) announced today that it has acquired Alliance Designer Products, Inc. (“Alliance” or the “Company”). Al...
Tags: California, Trends, Chicago, Canada, United States, Jack, Company, George, PTO, Alliance, Erin Murphy, Rosemont Illinois, PE Deals, Wynnchurch, Wynnchurch Capital, Wynnchurch Capital LLC


Afghanistan is the most depressed country on earth

Often seen as typical of rich societies, depression is actually more prevalent in poor, conflict-ridden countriesMore than one in five Afghans is clinically depressed – a sad world recordBut are North Koreans really the world's 'fourth least depressed' people? Depression is a type of affluenza: one of those mental illnesses that afflict people in rich societies in particular. It's more likely to occur when the more fundamental levels that make up Maslow's pyramid of needs – food, shelter, secu...
Tags: South Korea, Japan, UK, Greece, Australia, North Korea, Mexico, France, China, Germany, Iraq, Israel, America, Qatar, Spain, Turkey


Sofinnova hires Maha Katabi as partner, will open Montréal office

Silicon Valley biotechnology investment firm Sofinnova Investments has hired Maha Katabi as a partner. Katabi, who has worked as a Canadian venture capital and public equities professional for more than 18 years, joined from Oxalis Capital, an innovative therapeutics investor she founded in 2018. Previously, she was a partner at Sectoral Asset Management, a vice president at Ventures West Management and an associate at T2C2 Capital. With Katabi’s hire, Sofinnova said it will open an office in Mo...
Tags: Europe, Trends, People, Canada, United States, Silicon Valley, Montreal, East Coast, Montreal Quebec, Maha, Katabi, Sofinnova, Sectoral Asset Management, Maha Katabi, ASND, APLS


Tesla is unveiling its vision for robo taxis in a special event, but Wall Street is more worried about a potentially disastrous earnings report (TSLA)

Tesla's 'autonomy day' will kick off at 11 am PT on Monday.  The company said it will feature Autopilot test rides and keynotes from executives like CEO Elon Musk.  It's not clear what new tech the company may announce, and Wall Street analysts say there are more important things affecting the company right now. Musk's past comments about Tesla's "full self-driving" functions have been criticized by industry experts.  On Friday, Tesla disclosed that four of its directors will depart when their...
Tags: Elon Musk, Wall Street, US, Trends, Tesla, Palo Alto, Canada, AutoNation, Mike Jackson, SEC, Duke, Pew Research Center, Cnbc, Securities And Exchange Commission, Musk, Reuters


PE-backed Trendline Interactive buys Inbox Marketer

Trendline Interactive, an email consulting and professional services firm, has acquired Inbox Marketer, a Canadian email agency. No financial terms were disclosed. Trendline Interactive is backed by Growth Catalyst Partners. PRESS RELEASE AUSTIN, TEXAS (PRWEB) APRIL 22, 2019 Email consulting and professional services firm Trendline Interactive today announced the acquisition of Canadian email agency Inbox Marketer, further strengthening Trendline’s strategy, data management and analytics service...
Tags: Toronto, Trends, Canada, M&a, North America, Austin Texas, Scott Peters, Business Services, PE, PRWEB, Morgan Stewart, Andrew Kordek, GCP, Trendline Interactive, Jim TenBroek, Trendline


Redfin Report: Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March

San Francisco, San Jose and Orange County home sales and prices fell as housing activity surged in metros with lower home prices and tax burdens Seattle, WA – April 22, 2019 (PRNewswire) (NASDAQ: RDFN) — U.S. home sale prices were essentially flat in March, ticking down by just 0.1 percent annually to a median of $295,100, according to a new report from Redfin (www.redfin.com), the tech-powered real estate brokerage. Although very slight, this is the first year-over-year price decrease on re...
Tags: Florida, Real Estate, News, California, Fresno, Radio, Canada, San Jose, Salt Lake City, Las Vegas, West Coast, Seattle, Orange County, East Coast, Tampa, Redfin


We’re altering the climate so severely that we’ll soon face apocalyptic consequences. Here are 11 last-ditch ways we could hack the planet to reverse that trend.

Geoengineering is a term that refers to technology that can alter Earth's natural cycles to cool down the planet. It's being increasingly discussed as a potential way to address climate change. Putting mirrors in space, capturing carbon dioxide, and seeding clouds with particles are all ways of manipulating weather or the atmosphere. But some scientists and politicians think geoengineering could damage the planet or lead to war.  Here are 11 strategies researchers have put forth to hack the pl...
Tags: New York, US, Trends, Css, Earth, Canada, Bill Gates, Switzerland, Silicon Valley, Norway, Saskatchewan, Bill Mckibben, Barents Sea, Huntsville Alabama, McKibben, Center for Climate and Energy Solutions


We’re altering the climate so severely that we’ll soon face apocalyptic consequences. Here are 9 last-ditch ways we could hack the planet to reverse that trend.

Geoengineering is a term that refers to technology that can alter Earth's natural cycles to cool down the planet. It's being increasingly discussed as a potential way to address climate change. Putting mirrors in space, capturing carbon dioxide, and seeding clouds with particles are all ways of manipulating weather or the atmosphere. But some scientists and politicians think geoengineering could damage the planet or lead to war.  Here are 11 strategies researchers have put forth to hack the pl...
Tags: New York, US, Trends, Css, Earth, Canada, Bill Gates, Switzerland, Silicon Valley, Norway, Saskatchewan, Bill Mckibben, Barents Sea, Huntsville Alabama, McKibben, Center for Climate and Energy Solutions


Appeals court weighs Trump permit for Keystone XL pipeline

BILLINGS, Mont. (AP) — U.S. Justice Department attorneys want an appeals court to let construction proceed on the Keystone XL oil pipeline from Canada. But opponents say President Donald Trump is trying to skirt the law by issuing a new permit for the project. The Trump administration has asked the 9th U.S. Circuit Court of […]
Tags: Business, News, Canada, Nation, Keystone, Donald Trump, Trump, U S Justice Department, Nation & World, 9th U S Circuit Court


Canada is launching a tax credit for electric vehicles. Tesla's cars are too expensive to qualify. (TSLA)

Canada is launching a tax credit for zero-emission vehicles on May 1.  To qualify, the base model of a new car must sell for less than $45,000 CAD.  Tesla vehicles will not qualify for the credit because the company's cheapest Model 3 option starts at $53,700 CAD.  Tesla vehicles will be ineligible for the Canadian government's new $5,000 electric vehicle tax credit when it takes effect on May 1. In guidelines published Wednesday by Transport Canada, base-model vehicles with six or fewer seat...
Tags: US, Trends, Tesla, Canada, TSLA, Pacifica, Chevrolet Bolt, Ford Fusion Energi, Transport Canada, CAD Tesla, Volt Chrysler


Verdemed raises $12.7 mln

Verdemed Holdings Inc, a Canadian medical cannabis company that aims to improve the health of patients in Latin America, said April 16 that it raised $12.7 million in funding. The $12.7 million includes $650,000 in seed funding secured in late 2018, an initial capital installment of $6 million in convertible debt and a second installment of $6 million equity. PRESS RELEASE TORONTO, April 16, 2019 /CNW/ – VERDEMED HOLDINGS INC. (“Verdemed” or the “Company”) is pleased to announce that it has succ...
Tags: Europe, US, Toronto, Trends, Lp, Colombia, Canada, United States, Chile, Brazil, Peru, North America, Latin America, Company, Sao Paulo Brazil, Cali


This PlayStation 4 game gives you the freedom to create anything you want — and it's finally available to download

"Dreams," a PlayStation 4 game that lets you create the video game of your dreams, is finally rolling out after years of anticipation. "Dreams" is now available, having launched exclusively on the PlayStation 4, in early access, on April 16. If you buy the early access version of "Dreams," you'll get access to the full game when it launches. Visit BusinessInsider.com for more stories. "Dreams," a new game from Media Molecule (creator of "Little Big Planet") and published by Sony, is finally ...
Tags: US, Trends, Canada, Sony, North America, Spongebob Squarepants, Little Big Planet, Ben Gilbert


Variant Equity buys Coach USA for about $271.4 mln

Variant Equity has acquired Coach USA from Stagecoach Group plc for about $271.4 million. RBC Capital Markets was financial adviser to Stagecoach Group plc on the transaction. Based in Paramus, New Jersey, Coach USA is a provider of passenger transportation and mobility services. PRESS RELEASE LOS ANGELES, April 16, 2019 /PRNewswire/ — Variant Equity announced today that it has completed the acquisition of Coach USA Administration, Inc. and its subsidiaries (“Coach USA” or the “Company”) from St...
Tags: Usa, Los Angeles, Trends, Tech, Canada, United States, Stagecoach, Company, The Company, RBC Capital Markets, Covington Burling LLP, MUFG Union Bank, PE Deals, Wadia, Alston Bird LLP, Coach USA


'It was just mayhem': The flagship Apple Store on Fifth Avenue reportedly has a bed bug problem (AAPL)

The Apple Store on Fifth Avenue reportedly has a bed bug problem, according to a report from the New York Post. The issue is said to have persisted in the store for nearly a month. Employees were recently told the issue is over and that it was an isolated incident.  Visit BusinessInsider.com for more stories. Apple's 24-hour flagship retail location on Fifth Avenue in New York City reportedly has a bed bug issue that's existed for nearly a month, according to a report from the New York Post. ...
Tags: Apple, Post, New York Post, New York City, Trends, Canada, United States, Fifth Avenue, Apple Store, Aapl, Post Apple, Post One


Genstar-backed Pretium acquires Olcott

Pretium Packaging, which is backed by Genstar Capital, has acquired St. Charles, Illinois-based Olcott Plastics Inc, a provider of packaging to beauty and healthcare companies. No financial terms were disclosed. P&M Corporate Finance served as financial adviser to Olcott on the transaction. PRESS RELEASE Chesterfield, Mo., April 16, 2019—Pretium Packaging, a leading North American manufacturer of plastic containers and closures, is pleased to announce that it has joined forces with Olcott Plasti...
Tags: San Francisco, Trends, Canada, United States, M&a, Chesterfield, Pp, Joseph, St Charles Illinois, HDPE, Business Services, Genstar Capital, Pretium Packaging, Genstar, Paul Kayser, Pretium


Frazier buys Comprehensive Pharmacy Services

Frazier Healthcare Partners has acquired Comprehensive Pharmacy Services, a provider of enterprise pharmacy solutions to hospitals and health systems. No financial terms were disclosed. PRESS RELEASE MEMPHIS, Tenn.–(BUSINESS WIRE)–Comprehensive Pharmacy Services (“CPS” or the “Company”), a leading provider of enterprise pharmacy solutions to hospitals and health systems, announced today its sale to Frazier Healthcare Partners (“Frazier”). The Company’s partnership with Frazier will allow CPS to ...
Tags: Europe, Trends, Canada, Healthcare, Memphis, Cps, Seattle Wa, The Company, Frazier, Menlo Park CA, Frazier Healthcare Partners, PE Deals, Comprehensive Pharmacy Services, Tenn BUSINESS WIRE Comprehensive Pharmacy Services, Ben Magnano Frazier, Don Nickleson


Woollatt joins Hamilton Lane

Hamilton Lane said April 16 that Mike Woollatt has joined the firm as a principal on the co-investment and fund investments team. Hamilton Lane has also opened an office in Toronto, which Woollatt will lead. Woollatt was most recently a director of strategic partnerships at OMERS. PRESS RELEASE Hamilton Lane Expands Presence in North America, Hiring Mike Woollatt to Lead New Toronto Office Expansion Driven in Part by Firm’s Participation in Canada’s Venture Capital Catalyst Initiative Bala Cy...
Tags: Toronto, Trends, People, Canada, North America, Securities And Exchange Commission, University of British Columbia, Mike, Toronto Canada, CVCA, Mike Woollatt, Middle East With, VCCI, Hamilton Lane, HLNE, Mario Giannini


Arlington hires Hays to lead Nashville team

Arlington Family Offices has named Jeff Hays as president of its Nashville team. Hays was a founder of Cypress Capital, which was designed to help high-net worth investors. In 2017, he launched the inaugural Nashville group of TIGER 21, a membership organization for high-net-worth wealth creators. Based in Birmingham, Alabama, Arlington is a family office that provides services to a portfolio of 48 families in the U.S., Canada and Europe. PRESS RELEASE BIRMINGHAM, ALA. (PRWEB) APRIL 15, 2019 Lon...
Tags: Europe, Trends, People, Canada, Nashville, Birmingham, Hays, Arlington, United States Canada, Hays Advisory, PRWEB, Jeff Hays, Arlington Family Offices, Cypress Capital, Birmingham Alabama Arlington, Nashville Hays


Forest sustainability by the acre: 300M+ certified to SFI

More than 300 million acres of forests across the U.S. and Canada are certified to the SFI Forest Management Standard. In addition, tens of millions more are positively influenced by the SFI Fiber Sourcing Standard.
Tags: Business, News, Canada, SFI, SFI Forest Management Standard


Another day, another U.S. company forced to divest of Chinese investors

Jeff Farrah Contributor Share on Twitter Jeff Farrah is the general counsel of the National Venture Capital Association. More posts by this contributor US rule changes could mean more startups would need government approval to hire immigrants Foreign investment scrutiny continues to creep into the startup world via a once obscure U.S. government agency that has new tools and a shift in focus that stan...
Tags: Column, Real Estate, Technology, Money, Congress, Entrepreneurship, Finance, China, US, Tech, Economy, Canada, United States, Chile, Venture Capital, Treasury


Another day, another US company forced to divest of Chinese investors

Jeff Farrah Contributor Share on Twitter Jeff Farrah is the general counsel of the National Venture Capital Association. More posts by this contributor US rule changes could mean more startups would need government approval to hire immigrants Foreign investment scrutiny continues to creep into the startup world via a once obscure U.S. government agency that has new tools and a shift in focus that stan...
Tags: Column, Real Estate, Technology, Money, Congress, Entrepreneurship, Finance, China, US, Tech, Economy, Canada, United States, Chile, Venture Capital, Treasury


Vital Healthcare manager and trustee refuse to answer questions on fees

Both Vital Healthcare Property Trust's trustee and its manager have refused to answer questions about what authority the manager had to charge Vital for various fees.The fees the manager, owned by Canada-based NorthWest Healthcare... [Author: [email protected]]
Tags: Business, Canada, Vital Healthcare Property Trust, Vital Healthcare, Northwest HealthCare


Activists say Alphabet’s planned neighborhood in Toronto shows all the warning signs of Amazon HQ2-style breakup

Sidewalk Labs, the urban innovation arm of Google's parent company, Alphabet,  plans to build a high-tech neighborhood along Toronto's Eastern Waterfront. Local residents concerned about the company's plan to collect data in public spaces have waged an opposition campaign called Block Sidewalk, which is calling for an end to the project.   The backlash is reminiscent of protests over Google's planned campus in Berlin and Amazon's proposed headquarters in New York City — both of which were aba...
Tags: Google, Amazon, Facebook, Berlin, New York City, US, Toronto, Trends, Netflix, Canada, Queens, Silicon Valley, Donald Trump, Dan Doctoroff, Sidewalk Labs, Alphabet


Redfin Report: Detroit, Indianapolis and Buffalo Among the Least Disaster-Prone and Most Affordable Places to Live

Redfin Analysis Uses “Natural Disaster Hazard Score” to Rate the 50 Biggest U.S. Metro Areas by Frequency of Earthquakes, Fires, Floods, Tornadoes and Hurricanes Seattle, WA – April 11, 2019 (PRNewswire) (NASDAQ: RDFN) — Providence, Rhode Island, Detroit, Michigan and Hartford, Connecticut are the least disaster-prone metro areas in the country, according to Redfin, (www.redfin.com), the technology-powered real estate brokerage. In a new report, Redfin rated the 50 biggest metro areas accord...
Tags: Real Estate, New York, Washington, Los Angeles, Indianapolis, Radio, Canada, Portland, Salt Lake City, Las Vegas, Baltimore, San Antonio, Redfin, Oklahoma City, Chicago Il, Birmingham Al



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