Business And Finance

The business of sperm banks

Fruit of a global supply chain BROWSING websites that list sperm donors is weirdly similar to online dating. “Sanford is the total package,” begins one online ad, describing his strong jawline and piercing blue eyes. With a degree in finance and a “charming demeanour”, he is more than a pretty face. You can listen to a voice recording from Sanford ...

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'Grabbing my boobs': East Side Mario's waitresses allege sexual harassment at work forced them to quit

Two women allege that because their sexual harassment complaints weren’t taken seriously, they were forced to quit their full-time waitressing jobs at an East Side Mario’s restaurant in Woodstock, Ont. “I thought, ‘You don’t believe us?'” says 21-year-old Adrienne Young when she left her job in August. “I just felt betrayed.” So did co-worker Megan Cleary, 20, who quit at the same ...

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A positive sign from the bond market

THE stockmarket’s positive mood has managed to survive the tensions over North Korea’s nuclear programme.  In part, this is because investors believe that global economic growth and corporate profits will continue to do well. One reassuring signal is from the corporate bond market. The global default rate on speculative (junk) bonds has been dropping; fewer companies are going bust (see ...

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Toronto to Montreal in 39 minutes? Futuristic people mover zips to next stage

A futuristic tube system that would sling passengers from Toronto to Montreal via Ottawa in 39 minutes has been chosen as the strongest Canadian contender to put what is for now a technological theory into practice. A “hyperloop” uses electric propulsion to move magnetically levitated pods through low-pressure tubes, eliminating air resistance and friction, and enabling the pods to travel at a velocity approaching the speed of ...

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Global LNG giants turn to poor countries for new markets

Bringing rivers of the liquefied stuff WHEN it comes to liquefied natural gas (LNG), the supermajors have supersized appetites. The likes of Royal Dutch Shell, ExxonMobil and BP make discoveries described as “elephants”; their cost overruns alone can run into the tens of billions of dollars; and projects take the best part of a decade to complete. For years, the ...

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The savings habit: Census shows 2/3 of Canadians have it

Almost two-thirds of Canadian households are saving for retirement, census data show, despite a national household savings rate that fell to 4.6 per cent in the second quarter of this year. Of 14 million households, 65.2 per cent made a contribution to either a registered pension plan, an RRSP or a tax-free savings account (TFSA) in 2015, Statistics Canada said Wednesday. That’s ...

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ICO stands for Investor Caution Obligatory

HERE is the deal. You can buy an entry in a computer ledger issued by a startup company on the basis of an unregulated prospectus. It is called an “initial coin offering” or ICO. But though the ledger entry is called a coin, you cannot spend it in any shop. And whereas the use of the term ICO makes it ...

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Yes, post-secondary education makes you rich, but that may not be the best part: Don Pittis

As another aggravating school year kicks in, post-secondary students must once again face their misgivings over whether it’s all worthwhile.  Parents and teachers insist that education is the credential you need to get a well-paying job. As this week’s Marketplace investigation shows, that’s why people buy fake degrees.  Obviously, for professions that require special skills, credentials are important. You don’t want a self-trained brain surgeon operating ...

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