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A $72 billion Canadian investor is poised to start making venture-capital bets in Silicon Valley

The $72 billion Canadian pension fund OMERS is expanding into Silicon Valley to make venture investments in US startups. OMERS Ventures hired Michael Yang as a managing partner from Comcast Ventures to lead the effort. He's planning to staff up and open offices in San Francisco and Palo Alto. US venture-capital funding has been climbing, with almost $100 billion invested last year, an 18-year high. Yang is planning to invest in industries such as healthcare, transportation, and media. A huge ...
Tags: US, San Francisco, Trends, Palo Alto, Canada, Silicon Valley, Lightspeed, Comcast Ventures, Bay Area, Ontario, Yang, Felix Paul Studios, Lerer Hippeau, OMERS Ventures, Michael Yang, Uber Lyft China


Boeing started a trade dispute with Canada, but Airbus and Alabama ended up being the winners

Airbus broke ground on its new Airbus A220 assembly plant in Mobile, Alabama. The construction of the Mobile plant is the latest chapter in a trade complaint filed by Boeing against Canada's Bombardier.  The new $300 million-plant will assemble aircraft destined for the A220's North American customers such as Delta, and JetBlue. This week, a brand new $300 million Airbus jetliner assembly plant broke ground in Mobile, Alabama and it's the culmination of a trade dispute Boeing launched with Ca...
Tags: Facebook, US, Alabama, Trends, Atlanta, Canada, Delta, Airbus, Tsa, Montreal, Quebec, Boeing, United, Jetblue, Business Insider, Bombardier


Huawei ban: Canada says it won't be deterred by Chinese threats

Canada's public safety minister said Friday (Canadian time) that the country won't be deterred by Chinese pressure after China threatened reprisals if Huawei was banned from supplying equipment for 5G networks, highlighting the growing... [Author: [email protected]]
Tags: Business, China, Canada, Huawei


Proposed carbon tax plan would return proceeds to people once goals are met

A bipartisan group of renowned economists has proposed the U.S. implement a carbon tax.The tax would increase until climate goals are met, and all proceeds would be given back to the people in equal lump-sums.Recent research suggests that a majority of people would support a carbon tax policy that redistributes proceeds back to citizens. None A bipartisan group of renowned economists has a plan to help the U.S. cut its emissions and help stop rising global temperatures: Implement a carbon tax th...
Tags: Climate Change, Government, White House, Economics, Policy, Canada, United States, United Kingdom, Innovation, Switzerland, Federal Reserve, Wall Street Journal, Australia India South Africa


Canada says it won't be deterred by Chinese pressure

TORONTO (AP) — Canada's public safety minister said Friday that the country won't be deterred by Chinese pressure after China threatened reprisals if Huawei was banned from supplying equipment for 5G networks, highlighting the growing... [Author: [email protected]]
Tags: Business, China, Toronto, Ap, Canada, Huawei


The Latest: Chinese envoy warns Canada over Huawei case

BEIJING (AP) — The latest on the fight between China and Canada over the arrest of a Chinese technology executive (all times local):5:15 a.m.China's ambassador to Canada says the arrest by Canadian authorities of a Huawei Technologies... [Author: [email protected]]
Tags: Business, China, Beijing, Canada, Huawei, Huawei Technologies


Gymboree to shutter all 945 stores after turnaround plan fails

Gymboree Group will shut down after going bankrupt a second time, the victim of falling mall traffic and cheaper online sources of kids clothing. About 10,000 people could lose their jobs. The retailer filed for protection from creditors owed about $212 million in U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement late Wednesday. The San Francisco-based company, which operates 945 stores under three brands in the U.S. and Canada, plans to close its Gymboree and ...
Tags: Business, San Francisco, Sport, Customers, Canada, Soccer, Goldman Sachs, Jack, Bain Capital, Gymboree, Goldman Sachs Group Inc, U S Bankruptcy Court, Eastern District of Virginia, ABL, Janie, Children 's Place


I just got back from the 2019 Detroit auto show — here's all the cool stuff I saw

The 2019 Detroit auto show was the final January installment of this gathering — in 2020, the show moves to June. I saw some big trucks, some cool concepts, some race cars, drank some delicious coffee, and hung out with the Michelin Man. I was also chased by a bear! The 2019 North American International Auto Show took place in freezing-cold January for the final time this year. Next year, the Detroit auto show, as it's colloquially known, moves to June. Thankfully! I've been a chilly journali...
Tags: Facebook, US, Trends, Canada, Detroit, Cobo Hall, Cobo Center, Detroit River


Altas Partners-led investor group sells NSC to Kissner

An investor group led by Altas Partners has sold NSC Minerals Ltd to Kissner Group Holdings LP. No financial terms were disclosed. Based in Saskatoon, Saskatchewan, NSC Minerals Ltd is a provider of salt products. PRESS RELEASE OVERLAND PARK, Kan. & TORONTO–(BUSINESS WIRE)–Kissner Group Holdings LP, the parent company of a leading bulk salt, specialty packaged salt and evaporated salt producer, Kissner, today announced that it has acquired NSC Minerals Ltd. (“NSC” or the “Company”), a market-lea...
Tags: Trends, Canada, M&a, North America, East Coast, Ontario, Company, Detroit Michigan, Western Canada, NSC, Watkins Glen New York, Metalmark Capital Holdings LLC, Metalmark Capital, Silverhawk Capital Partners, Silverhawk, Metalmark Capital Metalmark Capital


US will reportedly seek criminal case against Huawei for stealing tech secrets

According to a , U.S. federal prosecutors are preparing a criminal indictment against Huawei for stealing trade secrets. The report, which cites sources with knowledge of the indictment, specifically mentions Huawei’s actions surrounding a T-Mobile smartphone testing tool known as “Tappy.” The report notes that the current investigation is far enough along that an indictment may come soon. This isn’t the first we’ve heard of Tappy. In 2014, T-Mobile sued Huawei for allegedly gaining access to a...
Tags: Apple, TC, Mobile, Business, US, Samsung, Tech, Smartphone, Canada, T-mobile, The Wall Street Journal, Seattle, Huawei, Mobile Device, Meng, Tappy


U.S. will reportedly seek criminal case against Huawei for stealing tech secrets

According to a , U.S. federal prosecutors are preparing a criminal indictment against Huawei stealing trade secrets. The report, which cites sources with knowledge of the indictment, specifically mentions Huawei’s actions surrounding a T-Mobile smartphone testing tool known as “Tappy.” The report notes that the current investigation is far enough along that an indictment may come soon. This isn’t the first we’ve heard of Tappy. In 2014, T-Mobile sued Huawei for allegedly gaining access to a com...
Tags: Travel, Apple, TC, Mobile, Business, Samsung, Smartphone, Canada, T-mobile, The Wall Street Journal, Seattle, Huawei, Mobile Device, Meng, Tappy, Trump Administration


Federal prosecutors are leading a criminal investigation into Huawei and allegations that it stole trade secrets from US companies

Federal prosecutors are investigating the Chinese electronics giant  Huawei for allegedly stealing trade secrets from US companies, according to a Wall Street Journal report on Wednesday.  One such incident includes Huawei supposedly stealing robotic technology that T-Mobile uses to test its smartphones, according to the report.  The report says that the investigation is advanced and may soon lead to an indictment. Federal prosecutors are investigating  Chinese electronics giant  Hu...
Tags: Washington, China, US, Trends, Iran, Beijing, Canada, Jeff Bezos, Seattle, Huawei, Wall Street Journal, T Mobile, Bellevue Washington


Bold Commerce closes C$22 mln Series A with Whitecap, Round13

Bold Commerce, a Winnipeg-based developer of e-commerce software solutions, has raised C$22 million in a Series A financing. The investors were Canadian venture capital firms Whitecap Venture Partners and Round13 Capital. Whitecap Managing Partner Carey Diamond and Round13 Partner Craig Strong will join the board. Founded in 2012 by CEO Yvan Boisjoli, CTO Eric Boisjoli, CBO Stefan Maynard and Vice President, Growth Jay Myers, Bold provides a range of e-commerce apps to more than 86,000 wholesale...
Tags: Toronto, Trends, Canada, Winnipeg, ICT, Ernst Young, Bold, VC Deals, Whitecap, Round13 Capital, Whitecap Venture Partners, Craig Strong, Yvan Boisjoli CTO Eric Boisjoli, Stefan Maynard, Jay Myers Bold, Bold Commerce


PWP adds partner to team

Perella Weinberg Partners has named Jeff Stute as a partner in its advisory business. Previously, Stute worked at JPMorgan where he was global co-head of healthcare investment banking. PRESS RELEASE NEW YORK – Perella Weinberg Partners (“PWP”) today announced that Jeff Stute has joined the Firm as a Partner in its Advisory business. Based in New York, he will work closely with the Firm’s global healthcare team, including Partners Chris O’Connor, Philippe McAuliffe, Nick Johnston, and Jason Forsc...
Tags: New York, San Francisco, Trends, People, Canada, Bain Capital, Jpmorgan, Jeff, Medtronic, Danaher, C R Bard Inc, Asset Management, Cardinal Health, PWP, Stute, Seattle Genetics Inc


Everfi appoints Patterson as COO

Everfi Inc, an edtech company, has named Ellen Patterson as chief operating officer. Previously, she was the company’s chief revenue and partnership officer. Everfi’s backers include Amazon CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, TPG Growth, The Rise Fund and Advance Publications. PRESS RELEASE WASHINGTON, Jan. 16, 2019 /PRNewswire/ — EVERFI Inc., a leading education technology innovator, today announced the appointment of Ellen Patterson as its Chief Operati...
Tags: Google, Amazon, Washington, America, Trends, People, Canada, Aol, Ellen, Jeff Bezos, West End, Evan Williams, The Washington Post, Patterson, Eric Schmidt, EVERFI Inc


PE-backed Auto Driveaway buys J&J Driveaway

Auto Driveaway has acquired Overland Park, Kansas-based J&J Driveaway, a trucking company. No financial terms were disclosed. Auto Driveaway is backed by Evanston Partners LLC. PRESS RELEASE EVANSTON, Ill., Jan. 16, 2019 /PRNewswire/ — Auto Driveaway, through its newly formed entity J&J Driveaway Systems, LLC (“J&J Driveaway” or the “Company”), is pleased to announce the acquisition of the assets of J&J Drive-Away, Inc. and J&J Freight Brokers, LLC. Headquartered in the Kansas City suburb of Ove...
Tags: Trends, Canada, M&a, Kansas City, Dot, Evanston, Matt, Overland Park, Overland Park Kansas, PE, Lombard IL, Sparks Maryland, Evanston Partners LLC, J J Driveaway, J J Drive Away Inc, Crystal O Dwyer


What will happen when Earth's north and south poles flip

Earth's magnetic field is what protects our planet from harmful space radiation. But our protective shield might soon go into a transformation that could threaten the lives on Earth. This video shows what will happen when Earth's magnetic poles flip.  Did you know that Earth has two North Poles? There’s the geographic North Pole, which never changes. And there’s the magnetic North Pole, which is always on the move. And right now it’s moving faster than usual. Over the past 150 years, the mag...
Tags: US, Trends, Earth, Canada, International Space Station, European Space Agency, Mitchell, South Atlantic, Alanna Mitchell


A $200 million marijuana VC breaks down how he picks what companies to invest in

The dealmaker behind one of the most active marijuana venture capital funds describes his outlook for the industry in 2019. Canopy Rivers, the venture arm of Canopy Growth, announced a $6.8 million investment into Greenhouse Juice Company on Monday, on top of participating in a $12 million funding round for marijuana analytics startup Headset earlier in January. He gives his outlook on the cannabis industry and explains the investment themes he's watching.  It's been a hot few weeks for ventu...
Tags: California, US, Trends, Canada, Heineken, Victoria, Nielsen, Coke, Greenhouse, Scott, Pepsi, Corona, Bernie Madoff, Molson Coors, Hexo, Aurora Cannabis


The dealmaker behind one of the most active marijuana VCs breaks down how he picks what companies to invest in

The dealmaker behind one of the most active marijuana venture capital funds describes his outlook for the industry in 2019. Canopy Rivers, the venture arm of Canopy Growth, announced a $6.8 million investment into Greenhouse Juice Company on Monday, on top of participating in a $12 million funding round for marijuana analytics startup Headset earlier in January. He gives his outlook on the cannabis industry and explains the investment themes he's watching.  It's been a hot few weeks for ventu...
Tags: California, US, Trends, Canada, Heineken, Victoria, Nielsen, Coke, Greenhouse, Scott, Pepsi, Corona, Bernie Madoff, Molson Coors, Hexo, Aurora Cannabis


You can stream the Super Bowl online for free — here's how

Super Bowl LIII is on Sunday, February 3. The game starts at 6:30 p.m. ET.  It's possible to stream the game online from your phone, tablet, browser, Roku TV, or Chromecast from the CBS or Yahoo apps. There are also Super Bowl streaming options for football fans living outside the United States.  Read all of Business Insider's Super Bowl LIII coverage here. It's easy to stream the Super Bowl even if you don't have a cable or satellite subscription. It's airing on CBS over-the-air and it's als...
Tags: UK, Yahoo, US, New Orleans Saints, NFL, Trends, Bbc, Canada, United States, Cbs, Tom Brady, Kansas City Chiefs, Atlanta Georgia, LA Rams, CTV, Apple TV Google Chromecast Amazon Fire TV


Redfin Will Launch Real Estate Brokerage and Search Site in Canada in Early 2019

Buyers and sellers in Toronto and Vancouver will soon be able to work with Redfin agents Toronto, Canada – Jan. 14, 2019 (PRNewswire) (NASDAQ: RDFN) Redfin (www.redfin.ca), the next-generation real estate brokerage, plans to launch a national Canadian real estate search site and brokerage service in Toronto and Vancouver by March, with plans to expand to other provinces in the future. “Our goal is to make buying and selling Canadian homes more affordable, with Redfin agents who always put custo...
Tags: Real Estate, US, Toronto, Search, Radio, Canada, United States, Vancouver, Seattle, Broker, Anderson, Redfin, Glenn Kelman, Canadian, Real Estate News, Competition Tribunal


The reclusive founder of Huawei broke years of silence after his daughter's arrest in Canada to say he misses her 'very much'

Huawei founder Ren Zhengfei has broken years of silence to deny charges that his company spies on behalf of China. Huawei is the second-biggest smartphone maker after Samsung and also provides core telecommunications kit to countries around the world. Ren's daughter is Huawei CFO Meng Wanzhou, who was arrested in Canada at the behest of US authorities in December. The press-shy founder said he missed his daughter and said justice would prevail. Huawei is under unprecedented scrutiny over Meng'...
Tags: China, US, Samsung, Trends, Bloomberg, Iran, Canada, Poland, Donald Trump, Huawei, Wall Street Journal, Financial Times, Shenzen, Reuters, Ren, Meng


A $72 billion Canadian investor is poised to start making venture capital bets in Silicon Valley

The C$95 billion Canadian pension fund OMERS is expanding into Silicon Valley to make venture investments in US startups. OMERS Ventures hired Michael Yang as a managing partner from Comcast Ventures to lead the effort. He's planning to staff up and open offices in San Francisco and Palo Alto. US venture capital funding has been climbing, with almost $100 billion invested last year, an 18-year high. Yang is planning to invest in industries like healthcare, transportation, and media. A huge Ca...
Tags: US, San Francisco, Trends, Canada, Silicon Valley, Lightspeed, Comcast Ventures, Bay Area, Ontario, Yang, Felix Paul Studios, Lerer Hippeau, OMERS Ventures, Michael Yang, Uber Lyft China, Palo Alto US


Huawei's CEO called Trump a 'great president' in an extraordinary plea to end America's war with his company

Huawei CEO Ren Zhengfei has called Donald Trump a "great president" as he bids to end America's war with his company. In rare public comments, he praised Trump's tax cuts and said he wants to foster an environment of "collaboration and shared success" with the US. Ren's daughter, the Huawei CFO Meng Wanzhou, was arrested in Canada last month and faces extradition to America. Huawei's CEO Ren Zhengfei has made a rare foray into public life in an effort to calm the growing international hostili...
Tags: China, US, America, Trends, Canada, Vancouver, Donald Trump, Huawei, Financial Times, Trump, Ren, Dongguan, Ren Zhengfei, Meng Wanzhou, America Huawei


China says case against Huawei executive an abuse of legal procedures

China's Foreign Ministry on Tuesday urged Canada to immediately release Huawei executive Meng Wanzhou, saying the case was an abuse of legal procedures.
Tags: Money, China, businessNews, Canada, Huawei, Foreign Ministry, Meng Wanzhou


5 Tips for Building a Website, Best Marketing Practices, Are You Living the American Dream?, The Small Business Retirement Crisis and Other Things Entrepreneurs Need to Know

18 Things Small Business Owners Need to Know By Rieva Lesonsky   1—The State of U.S. Small Businesses Overall, American small business owners are approaching 2019 with economic optimism and increased confidence in this lucrative environment, according to a survey from small business financing company  Guidant Financial  and online credit marketplace LendingClub  Corporation. The companies surveyed current and aspiring small business owners about their views on the current state of small busin...
Tags: Google, Facebook, Business, Ge, Time, Toronto, America, Canada, Bank, Montreal, Chamber of Commerce, Samantha, Jake Wood, TOMS, Ottawa, Alignable


MUFG adds McLallen as MD to private equity sponsor coverage group

Mitsubishi UFJ Financial Group Inc has named Scott McLallen as a managing director in the bank’s private equity sponsor coverage group. His appointment begins January 14, 2019. Previously, McLallen worked at SunTrust Robinson Humphrey where he worked for nearly eight years as a managing director in the bank’s financial sponsors group. PRESS RELEASE New York, January 14, 2019 – Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial institutions, today announced that Sco...
Tags: New York, Trends, Georgia, People, Canada, Tokyo, West Coast, Group, Muah, University Of Illinois, Scott, Matt, Mitsubishi UFJ Financial Group Inc, SunTrust Robinson Humphrey, Donaldson Lufkin Jenrette, U S Operations


China sentenced a Canadian man to death in the latest escalation of the countries' feud over Huawei

A court in Dalian, China, sentenced a 36-year-old Canadian man to death on charges of international drug trafficking on Monday. Robert Lloyd Schellenberg was detained in China in 2014 and sentenced to 15 years last November, before a Chinese court said his sentence was too lenient and retried him. The death sentence comes a month into China and Canada's diplomatic feud over Ottawa's arrest and detention of Huawei CFO Meng Wanzhou. Schellenberg says he was framed. A Chinese court sentenced a C...
Tags: Australia, China, US, Trends, Iran, Beijing, Canada, United States, Hsbc, Msnbc, Huawei, Ottawa, Trump, Chris Hayes, Liaoning, Dalian


PE-backed Davey Coach Sales recruits Stenseth as president

Davey Coach Sales, a national bus dealership, has named Mark Stenseth as president. Stenseth is replacing John Walsh who has quit to take a new position with Proterra Inc. Stenseth is a former chief financial officer at Transwest Inc. Davey Coach Sales is a portfolio company of Progress Equity Partners. PRESS RELEASE DENVER (PRWEB) JANUARY 14, 2019 Davey Coach Sales, a national bus dealership, announced today that Mark Stenseth has been named President, replacing John Walsh who has resigned to t...
Tags: Trends, People, Canada, United States, John, North America, Denver, Walsh, Davey, University of North Dakota, John Walsh, PE, PRWEB, Stenseth, Proterra Inc, Davey Coach Sales


RE/MAX Holdings To Release Fourth Quarter And Full Year 2018 Results On February 21, 2019

Denver, CO – Jan. 7, 2019 (PRNewswire) RE/MAX Holdings, Inc. (the “Company”) (NYSE: RMAX), parent company of RE/MAX, one of the world’s leading franchisors of real estate brokerage services, and of Motto Mortgage, an innovative mortgage brokerage franchisor, will release financial results for the fourth quarter and full year ended December 31, 2018, after market close on Thursday, February 21, 2019, and will host a conference call for interested parties on Friday, February 22, 2019, at 8:30 a.m....
Tags: Real Estate, David, Radio, Canada, 2018, Results, Investors, Holdings Inc, RE/MAX, Fourth Quarter, Real Estate News, Gail Liniger, Company NYSE, Holdings Inc NYSE, Denver CO Jan



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