Taylor Swift has rerecorded her song “Love Story” and album “Fearless.”
Insurance risk and commercial law firm, BLM has launched a new D&O Tracker which reveals that UK SMEs are increasingly in the firing line for large fines from regulatory bodies, findings that underline the increasingly important role of Directors & Officers insurance.
The D&O Tracker, which is free for insurers, brokers and corporates to access, captures fines from four major UK regulators, including the Serious Fraud Office, Financial Conduct Authority and the Information Commissioner’s Office. It also records compensation and legal costs orders, as well as the term of any custodial sentences against directors.
The data shows that UK SMEs received over £100m in fines from UK regulatory bodies over the last four years.
D&O policies provide liability cover for company managers of all levels, which protects them from claims, reputational damage and legal costs following decisions and actions taken within the scope of their duties.
BLM professional indemnity partner … Read the rest
Stocks in Toronto retreated from the highs of the early morning on Wednesday, as industrials and consumer stocks weighed on gains in the health-care sector.
The S&P/TSX Composite had given up 33.07 points by noon Wednesday to 18,375.55.
The Canadian dollar eked up 0.07 cents to 78.82 cents U.S.
The largest percentage gainers on the TSX were Aphria, which jumped $1.77, or 5.9%, to $31.86, and Aurora Cannabis, which rose $2.26, or 11.4%, to $22.01.
Keyera Corp fell $1.64, or 6.2%, the most on the TSX, to $24.84, after
posting a loss of $0.34 per share in the fourth quarter.
The second-biggest decliner was BlackBerry, down 45 cents, or 2.6%., to $16.57
The TSX Venture Exchange again headed south midday, losing 16.28 points, or 1.5%, to 1,055.01.
All but three of the 12 TSX subgroups moved into the red, as industrials shed 0.8%, consumer discretionary stocks gave up … Read the rest
Match Group (Nasdaq: MTCH), the company that owns dating app Tinder, agreed to acquire Hyperconnect, a South Korean maker of apps aimed at forming friendships, for no small amount: about $1.7 billion in cash and stock for the owner of the Azar and Hakuna Live apps.
“Coronavirus is accelerating existing digital trends” may be a phrase that has become overused at this point—but it still holds water. And there’s perhaps no better proof than this. The effects of loneliness became front and center in the isolating nature of the pandemic. The deal allows Match to expand beyond romantic liaisons and into platonic ones, and also grow in different geographic regions.
“With more than 75% of usage and revenue coming from markets spread across Asia, their product suite and regional footprint squarely complements our own,” Match Chief Executive Officer Shar Dubey said of Hyperconnect.
The deal also points to a … Read the rest
The best entrepreneurs understand that they can’t do everything themselves, and that delegation and teamwork are the keys to business success.
Do you feel as though you have far more goals than you have the time, energy, or capabilities to see them through? Do you often find yourself procrastinating on these goals, and then feeling increasingly guilty about it the longer you put them off? If you do, you’re not alone.
It’s a common complaint among business owners, and it used to be one for me too.
It’s as though they’re bursting with exciting, innovative ideas, but when it comes down to choosing which ones to implement in their business—and finding the motivation to make it happen—they get stuck.
They procrastinate, feel guilty about it, and then procrastinate some more. It becomes an endlessly tiring, confidence-depleting cycle.
Breaking the cycle
Having lots of ideas isn’t the problem here—the problem is … Read the rest
Equities in Toronto rose on Tuesday, as gold miners tracked bullion prices higher, while hopes that a new U.S. stimulus bill would lead to a swift economic recovery also lifted sentiment.
The S&P/TSX Composite remained above water 38.6 points to move into lunch hour Tuesday at 18,368.86.
The Canadian dollar gained 0.16 cents to 78.66 cents U.S.
Canopy Growth said it expects to turn a profit in the second half of 2022 after aggressive cost-cutting and higher demand for cannabis products helped narrow third-quarter losses. Canopy Growth gained $5.79, or 10.4%, to $61.51.
SNC-Lavalin Group said it would sell its oil and gas business to Kentech Corporate Holdings, an energy services company backed by private equity firm Blue Water Energy. SNC shares took on $2.21, or 9.7%, to $25.00.
The largest percentage gainers on the TSX were Aphria, which jumped $4.80, or 19.9%, to $28.96, and Aurora Cannabis, which rose … Read the rest
The grainy security camera footage is shocking.
The elderly man walking down the street in Oakland, Calif.’s Chinatown neighborhood never even sees his assailant, a man who shoves him to the ground with brutal force and walks away. The video of the attack on the 91-year-old man, recorded on January 31, became the most recent evidence in a wave of mostly unaddressed hate crimes against Asian Americans and Pacific Islanders.
Now, activists have had enough.
It’s been a long time coming. Hollywood stars began calling out the racist violence early in the pandemic. By mid-summer, Stop AAPI Hate, an alliance of three organizations serving AAPI communities, began documenting the incidents. They quickly found that bullying, assaults, and verbal abuse were “becoming the norm” across the U.S. By September, it seemed that one in four young Asian American adults had been bullied or otherwise harassed.
How to position your startup so that the IP you develop becomes an investment, not a cost. By Joshua Van Hoven, Counsel and Peter Hale, Partner, at Haley Giuliano
As an early stage company, you may be a disruptor or seek to advance a key technology in which your team has particular expertise. No matter the driver, even the most idealistic startups fail to achieve their goals if they do not position themselves for investment funding of some kind. Those investments are typically based on the potential financial return of a subsequent acquisition or public offering.
At each stage of the investment cycle, your investors and business partners will scrutinise your people, technology and operations. A robust intellectual property (IP) programme will ensure that the efforts of your people are owned by your company, that your technology is safe from theft or copying and that your operations (such as branding, … Read the rest