Jesse Latour

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Small-business owners in Alberta brace for minimum-wage hike

Many small-business owners in Alberta are bracing for the dramatic hikes to the province's minimum wage, saying they will squeeze their operations when they can least afford it.<p>While other provinces are opting for incremental increases to their minimum wages this year, Alberta boosted the minimum …

Income Inequality

The CEO of a $60 million furniture startup explains why it suddenly shut down

The company announced the closure on its website late Friday, saying it simply failed to find new investors to support its business.<p>Apparently it looked into getting acquired by a big public company, but those talks seem to have fizzled out as well.<p>It said:<p>"We were in deep discussions to be …

Startups

VW staff used code words to hide emissions cheating

Volkswagen's problems cooperating with emissions investigators aren't just a matter of navigating privacy laws... if you believe insiders, it's because the culprits did a good job of keeping things hush-hush. <i>Bloomberg</i> tipsters claim that VW staff used "dozens" of code words to hide emissions …

Economics

DavidsTea under scrutiny in U.S. over alleged use of ‘on-call’ shifts

Canadian beverage chain DavidsTea Inc. has come under scrutiny in several U.S. states for its alleged use of "on-call" shifts to control labour costs.<p>Attorneys-general in New York and eight other jurisdictions have sent letters to 15 retailers, including Montreal-based DavidsTea, seeking …

Robert Bobroczky, teen basketball giant, attempting to bulk up with pasta

At seven-foot-six, 15-year-old Robert Bobroczky is already taller than any current NBA player.<p>So it's no wonder that Bobroczky is generating buzz …

Yao Ming

Energy companies get B.C. natural gas extraction royalty breaks

The British Columbia government has announced nearly $116-million in royalty breaks for energy companies to construct roads or build pipelines in support of natural gas production in the province's northeast.<p>In a move meant to stimulate liquefied natural gas exports to Asia, oil and gas companies …

5 Restaurant Chains That Will Outperform The Rest Of The Industry

Americans go out to dinner an average of 74 times a year, The Washington Post's Wonkblog reports, citing the consumer research firm NPD Group. That's the lowest reading in three decades.<p>And a number of fast-casual establishments are threatening traditional fast food and casual dining …

Morgan Stanley

Don’t buy it: Why smartwatches are overhyped

Having to look at your smartphone is THE WORST. No one wants to lift a few ounces of plastic, glass and rare earth minerals in order to leverage the power of the Internet, entertain themselves or communicate with anyone from anywhere in the world.<p>But now, thanks to the advent of the smartwatch, we …