EU regulator who fined Google, ordered Amazon to pay taxes, plans tighter scrutiny for tech sector

Silicon Valley’s notorious nemesis, Margrethe Vestager, plans to end her term as the European Union’s antitrust enforcer this year with a bang, laying out a long-term plan to intensify scrutiny of the world’s big tech companies. As the EU’s competition commissioner, Vestager is arguably the world’s most important tech regulator. Since 2014, she has slapped […]

Malaysia says Goldman Sachs must pay, apology not enough

Malaysia’s Finance Minister Lim Guan Eng said Friday that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion US as compensation. Goldman CEO David Solomon apologized Wednesday to the Malaysian people for former banker Tim Leissner’s role […]

Gillette earns kudos and criticism for tackling toxic masculinity in new ad

Personal grooming company Gillette has drawn a lot of attention for its latest ad campaign, which urges men to take a more active role in fighting toxic masculinity. The ad, which has racked up almost four million views on YouTube within a day of its release, is a series of vignettes depicting bullying, sexual harassment, […]

‘Greed is a powerful weapon’: Are illegal kickbacks in Ontario driving up the cost of your generic drugs?

A hidden camera investigation and confidential documents obtained by CBC’s The Fifth Estate raise questions about whether Canada’s largest pharmaceutical distributor is profiting from illegal kickbacks on sales of generic drugs in Ontario. Studies have shown this practice drives up the cost of generic drugs for all Canadians. McKesson Canada, which distributes pharmaceutical drugs to more […]

Medical insurance fraud widespread, as employees, providers rip off benefit plans

Employers and their insurance providers are reeling at the proliferation of fraud rings — groups of employees that work together to abuse and exploit benefit plans, with medical services providers as their eager accomplices. “You’re sitting in the lunchroom when a co-worker comes in and says, ‘I’ve got $1,000 worth of massage receipts, $2,000 worth […]

Statistics Canada reports manufacturing sales down 0.1% in October

Statistics Canada says manufacturing sales fell 0.1 per cent in October to $58.2 billion, a weaker report than economists expected. The decline came as sales in the wood product and primary metal industries fell, offset in part by higher sales in the food and machinery industries. Economists had expected an increase of 0.4 per cent, […]

Canadian home sales fall for 3rd month in row, CREA says

Home sales across the country fell for a third consecutive month in November, as two of what had been the hottest markets, the Greater Toronto Area and the Greater Vancouver Area, reported lower activity. The Canadian Real Estate Association said national home sales through its multiple listing service system dropped by 2.3 per cent last month […]

Huawei CFO argues she’s not a flight risk, seeks bail to remain in Vancouver

A top executive of China’s Huawei Technologies argued that she should be let out on bail while awaiting an extradition hearing due to her ties to Vancouver and fears for her health while incarcerated in Canada, court documents released on Sunday showed. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail […]