The psychology behind why few of us feel rich

The psychology behind why few of us feel rich

It’s human nature to compare ourselves to others and when it comes to money, social psychologists say most people have a big blind spot — we only compare upward to those who have more than us. And that’s a losing game in a climate of increasing income inequality where the paycheques of top earners reach […]

Boeing resisted pilots’ calls for urgent fix of 737 Max jets

Boeing resisted pilots’ calls for urgent fix of 737 Max jets

Weeks after the first fatal crash of the 737 Max, pilots from American Airlines pressed Boeing executives to work urgently on a fix. In a closed-door meeting, they even argued that Boeing should push the authorities to take an emergency measure that would very likely result in the grounding of the Max. The Boeing executives […]

Bombardier facing World Bank ban over Azerbaijan corruption allegations

Bombardier facing World Bank ban over Azerbaijan corruption allegations

MONTREAL – Bombardier Inc. is facing a possible ban from World Bank-financed projects after it received a show-cause letter related to a rail equipment deal plagued by corruption allegations. The letter is the latest development in an ongoing investigation into a roughly $ 340-million contract awarded to a Bombardier-led consortium in 2013 to supply signalling […]

Women hold less than 20% of positions on corporate boards, StatsCan finds

Women hold less than 20% of positions on corporate boards, StatsCan finds

Less than 20 per cent board directorships in Canada are held by women, according to new data released by Statistics Canada Tuesday. The numbers are based on 2016 data collected through the Corporations Return Act. The gender-based study analyses diversity within corporate boards in Canada and highlights women in leadership roles across public, private and […]

‘Avengers: Endgame’ Passes $2 Billion Mark in Second Weekend

‘Avengers: Endgame’ Passes $2 Billion Mark in Second Weekend

Walt Disney Co.’s epic Avengers: Endgame surpassed the $ 2 billion mark in ticket sales in its second weekend in theaters, showing fans can’t get enough of the superhero mashup. It’s now one of only five films ever to cross that threshold and is the second-highest grossing movie of all time. The Marvel feature brought […]

Oilpatch reps head east seeking allies among business, civic leaders

Oilpatch reps head east seeking allies among business, civic leaders

Representatives of Canada’s oil and gas industry are headed east this month as the sector looks to rally support among business and municipal leaders. A contingent of oilpatch officials will attend this weekend’s annual meeting of the Ontario Chamber of Commerce (OCC), a gathering that attracts reps from more than 90 chamber groups across the province. The sector will also have a presence at […]

Lower interest rates, Trump tells Fed — again

Lower interest rates, Trump tells Fed — again

U.S. President Donald Trump urged the Federal Reserve to lower interest rates in order to “rocket” the U.S. economy to new highs. Using his favourite policy weapon, Trump loaded a tweet into the chamber and fired away at the Fed on Tuesday, urging the central bank to lower its benchmark interest rate by as much as a […]

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO – Five things to watch for in the Canadian business world in the coming week:RBI respite? Restaurant Brands International Inc. releases its first quarter financial results on Monday. An Ontario Superior Court judge is expected to approve in the coming days a proposed settlement that will close two cases between RBI and a restive […]

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