© Provided by Dow Jones Company, Inc.
What kind of a person doesn’t have a Facebook account?
#DeleteFacebook is trending, but will people actually do it? Even given the recent brouhaha over Facebook’s privacy violations affecting 50 million people, that’s unlikely.
If you deactivate your account, or even just stop posting updates for a couple of weeks, Facebook (FB) has a virtual army — your Facebook friends — who will text, email and even find you on Twitter (TWTR) asking what’s wrong and imploring you to come back. With some 2.2 billion users worldwide, it would take a tectonic shift for people to delete their photos and walk away.
The biggest social network on the planet is stickier than most checking accounts or cable companies, psychologists say. Try to give up Facebook, and at least some people are likely to think you have an axe to grind with the world or them personally, are going through a divorce or have slipped into a deep depression. What kind of a person doesn’t have a Facebook account?
Don’t miss: What Zuckerberg didn’t say: You risk more than your data on Facebook
Those left behind often take it personally, and may even have formed a co-dependent relationship
Article source: http://www.msn.com/en-ca/money/companies/the-cult-of-facebook/ar-BBKD6Fj?srcref=rss
© Photographer: Susana Gonzalez/Bloomberg
A worker loads a delivery truck with empty Coca-Cola bottles in Mexico City, Mexico.
Altamirano in the southwestern state of Guerrero in Mexico is so dangerous that Coca-Cola Femsa is leaving.
Citing two months of harassment of workers by local criminal groups and the lack of an effective police response, the country’s largest bottler said it’s indefinitely closing its distribution operations there starting Friday, affecting about 160 jobs.
“The lack of conditions to efficiently and safely operate in this part of Guerrero and the recent, unjustified aggression to one of our collaborators led the company to this decision,” Coke Femsa said in a statement. Employees had received threats and the company’s facilities had been affected.
The company didn’t elaborate beyond the statement.
At least two mayors of towns in Guerrero have been gunned down recently. The wave of violence coincides with record homicides across Mexico. Last October was the deadliest month of the century, according to data from the Interior Minister.
The company closed another facility in Guerrero in 2014 amid threats to delivery workers.
Fomento Economico Mexicano SAB, better known as Femsa, owns 47 percent of Coke Femsa, according to the company’s website.
To contact the reporter on this story: Andrea Navarro in Mexico City at firstname.lastname@example.org.
To contact the editors responsible for this story: Crayton Harrison
Article source: http://www.msn.com/en-ca/money/companies/this-mexican-city-is-so-dangerous-that-coke-femsa-is-pulling-out/ar-BBKCYoc?srcref=rss
© PHOTOGRAPHER: MATTHEW LLOYD/AFP/GETTY IMAGE
Huawei founder Ren Zhengfei (right) with Chinese President Xi Jinping.
On March 12, fresh off his Twitter proclamation that “trade wars are good and easy to win,” President Trump issued an executive order blocking the biggest tech merger in history. The plan had been for Broadcom Ltd., a Singaporean chipmaker, to acquire San Diego’s Qualcomm Inc., the leading maker of cellphone modems, for $117 billion. Trump said he canceled the deal for fear that Broadcom “might take action that threatens to impair the national security of the U.S.”
The move deflated even the characteristically fiery Hock Tan, Broadcom’s chief executive officer. Trump had praised Tan at the White House months earlier. Moreover, Broadcom looks in most respects like an American company. Tan is a U.S. citizen and resident, the company’s employees are mostly in California, the deal was underwritten by American private equity firms, and Broadcom had promised to relocate its headquarters back to California as part of the deal. What more could American national security interests want? Almost immediately, however, the conversation shifted from Broadcom to Washington’s real concern: Huawei.
© Provided by CNBC
If the $421 million Mega Millions drawing Friday night has a winner, the lucky person will likely discover that buying the ticket was the easy part.
With the prize marking the fifth-largest jackpot in the game’s history, whoever ends up snagging that windfall — if anyone does — will discover that handling that sudden wealth can be overwhelming. It’s not as simple as getting a check and going on with your life.
First up, say experts, is trying to protect your identity. Some states make it easy to remain anonymous when claiming the prize, while others require a bit more planning. And in some states, it’s impossible.
When you buy a lottery ticket, you should be aware of that state’s laws. Even if you live in a different state, where you bought the ticket determines your options for remaining anonymous.
“Although the odds of winning a large jackpot are astronomically low, it’s still worth a few minutes to do some Google research in advance,” said Jason Kurland, an attorney with Certilman Balin Adler Hyman, a law firm in East Meadow, New York.
Here are some other tips for winners of big jackpots.
Keep the ticket close
The general advice is to sign the winning ticket and make several copies. The idea is that if you somehow are separated from the ticket, your signature
Article source: http://www.msn.com/en-ca/money/markets/if-you-win-dollar421-million-mega-millions-jackpot-heres-what-you-should-do/ar-BBKDezS?srcref=rss
© Provided by AOL Inc.
Toronto ice cream chain Sweet Jesus is being decried as
A petition asking a Canadian ice cream chain to change its “blasphemous” name has nearly 30,000 signatures.
The Toronto chain Sweet Jesus, which first opened in 2015, announced plans to expand into the U.S. in October. But some Christians aren’t thrilled with the company’s presence down South.
“The company’s name and logo are seriously offensive,” the petition on Christian site Return To Order says. “The first S in the word Jesus is a lightning strike, reminiscent of the Nazi style used by the SS, and the T in “SWEET” is often shown as an inverted Cross on the company’s various products … We cannot remain silent while Our Lord is blasphemed!”
Another petition, by Canadian site CitizenGo, has almost 8,000 signatures. It calls the company’s branding “totally offensive and revolting.”
It goes on: “Even if this were some innocent faux-pas, it would still be unacceptable! However, this is anything but a mere mistake. Both in their promotional materials and menu selection, it is plain to see that [owners] Richmond and Todai have every intention of mocking Christ and Christianity. If anything could qualify
Article source: http://www.msn.com/en-ca/money/topstories/sweet-jesus-asked-to-change-blasphemous-name-by-christian-petitioners/ar-BBKCIxX?srcref=rss
© Provided by Business Insider Inc
- Hubert Joly was appointed CEO of Best Buy in 2012, when the company was faced with an “all-you-can-eat menu of challenges.”
- Joly executed a successful turnaround by slashing prices, growing online sales, and improving customer service.
- One of Joly’s biggest accomplishments was cutting employee turnover, which he says he managed to do with a new approach to leadership at the company.
- While Best Buy recently closed 250 small stores in malls and is continuing to tweak its store count, Joly says that the company is overall happy with the number of locations it has.
- Joly embraces competition with traditional retailers and e-commerce giants like Amazon. Capitalism “is about the best companies winning.”
When Hubert Joly was appointed Best Buy’s CEO in 2012, he was presented with what he calls an “all-you-can-eat menu of challenges.”
Best Buy’s sales were plummeting. The retailer couldn’t compete on e-commerce. The previous CEO had left amid scandal, and the company’s founder was fighting an open battle to take Best Buy private.
To make matters worse, analysts were suspicious of Joly’s abilities, with shares dropping 10.3% in reaction to the news he had been appointed CEO. At the time, Wedbush Securities analyst Michael Pachter told
Article source: http://www.msn.com/en-ca/money/topstories/best-buys-ceo-led-the-retailer-in-an-incredible-turnaround-%E2%80%94-heres-how-the-company-is-defying-the-retail-apocalypse-bby/ar-BBKBOOF?srcref=rss
© Provided by thecanadianpress.com
OTTAWA – The country’s annual pace of inflation sped up to 2.2 per cent last month to rise above the Bank of Canada’s ideal target of two per cent.
The February data from Statistics Canada represented a significant boost to the inflation rate compared with the month before when it was just 1.7 per cent.
The report also says the average of the agency’s three measures of core inflation, designed to omit the noise of more-volatile items like gasoline, also continued its upward momentum last month and has now climbed slightly above two per cent.
Inflation is a central piece of the information for the Bank of Canada’s interest-rate decisions and, with both readings above target, another hike could come even sooner than experts have anticipated.
The inflation report says the main driver that pushed up consumer prices last month was the higher cost of gasoline, while pricier items like restaurant meals and passenger vehicle also had impacts.
The primary downward forces on prices came from cheaper video equipment, digital devices, hotels and electricity.
The last time the overall inflation reading reached 2.2 per cent was October 2014, just as the oil-price crash was getting underway, while the average of the core measures hasn’t been above two per cent since February
Article source: http://www.msn.com/en-ca/money/topstories/annual-inflation-rate-accelerates-to-22-per-cent/ar-BBKBgL1?srcref=rss
© Provided by AOL Inc.
There is such a thing as an uncomplicated divorce. But cases can get messy when one party decides to lie about or hide some of their assets.
Unfortunately, this happens more often than people think. Money can bring out the worst in people, especially if their relationship ended on bad terms, but hurt feelings do not justify a party’s decision to try and pay their ex less than they are entitled to receive.
When going through a separation, each party is obligated to provide full financial disclosure to the other. This is required for the purposes of calculating spousal and child support, and property issues. The reality is that most people will fully participate in this process, but some individuals believe that they can keep their money by making some of it “disappear,” or claiming they have or earn less than they really do.
This is risky behaviour. The Ontario Family Law Act expressly sets out that a court can set aside any contract or settlement if it was reached without full disclosure by one or both parties. Furthermore, a court may enforce sanctions, or a cost order against a party, if it is found that they were being dishonest about their financial situation. But the individuals who stash money offshore, who keep Bitcoin
Article source: http://www.msn.com/en-ca/money/topstories/how-to-catch-a-financially-unfaithful-spouse-during-a-divorce/ar-BBKC1qI?srcref=rss
Budweiser’s owner needs to lift the brand’s sinking fortunes in the U.S. Its latest move? Letting you know the beer’s been made using only clean sources of power such as wind and solar.
Starting next month, Anheuser-Busch InBev NV will slap a battery symbol along with the phrase “100 percent” on its cans to let drinkers know it’s produced from renewable energy. But there’s a potential glitch in the world’s largest brewer’s hopes for reinvigorated sales: Those Budweiser cans could cost as much as 3 percent more before inflation once U.S. President Donald Trump’s 10 percent tariff on aluminum imports is implemented, Chief Executive Officer Carlos Brito said in an interview in New York.
“Budweiser is going to be carrying the flag for renewable energy around the world,” said Brito, who expects AB InBev to produce all of its beers using renewable energy by 2025. To meet those goals, the company anticipates that its partners will invest about $2 billion in renewable energy, a spokeswoman said.
The maker of Stella Artois and Corona lagers joins a chorus of businesses seeking to do well by doing good, from Unilever’s ambitions to lessen air pollution in China to Nestle SA’s acquisitions of sustainably sourced fare. The move is expected to shore up Budweiser’s declining revenue from the U.S., the brand’s largest market, which contributed to a 3 percent fall in the company’s sales
Article source: http://www.msn.com/en-ca/money/topstories/this-sustainable-trump-tariff-hiked-budweisers-for-you/ar-BBKBvIl?srcref=rss
© Provided by thecanadianpress.com
TORONTO – Toy company executive Isaac Larian is hoping to keep Toys “R” Us’s Canadian operations from going out of business, but a $1 billion crowdfunding campaign he launched to rescue the company doesn’t include the country’s stores.
The executive behind California-based MGA Entertainment Inc., which makes Little Tikes, Bratz and L.O.L. Surprise! toys, announced on Thursday that he and some affiliated investors were seeking $800 million from toy lovers in hopes of acquiring “all or some” of Toy “R” Us’s assets, thus “saving the retail chain and preserving the Toys “R” Us experience for future generations.”
The efforts focus on Toys “R” Us’s U.S. stores and are separate from Larian’s attempts to buy the brand’s 82 Canadian stores, which 20 interested parties are vying for, said Toys “R” Us bankruptcy documents filed in the U.S.
“Toys ”R” Us Canada is a good business,” Larian said in a statement previously. “They run it efficiently, and have good leadership. At the right price, it makes economical sense.”
Though the Canadian arm of the company filed for creditor protection in September, it said it has enough financing to stay afloat, even while the company shutters its business in the U.S. and U.K. and is reportedly likely to liquidate its
Article source: http://www.msn.com/en-ca/money/topstories/toys-r-us-canada-not-part-of-crowdfunding/ar-BBKBW6Q?srcref=rss