JUST IN: Walgreens is being taken private in a deal valued up to $23.7 billion, following a largely disastrous run on the public markets. cnn.it/3F7d83E
Jameson Berkow
@jamesonberkow.bsky.social
Capital Markets Reporter for The Globe and Mail, Canada's national newspaper. Toronto Chapter Director for the Canadian Association of Journalists, the country's main industry advocacy group.
L. Clifford Davis, a civil rights lawyer who led efforts to desegregate high schools in Texas, sometimes in the face of mob violence, hostility from state politicians and threats on his life, died last month. He was 100.
L. Clifford Davis, Who Fought to Desegregate Texas Schools, Dies at 100
As a civil rights lawyer who faced resistance and threats, he challenged school districts that tried to defy the Supreme Court’s 1954 ban on school segregation.
nytimes.com
Will Trump’s ‘economic force’ threat kill Canada’s very identity as trading nation? The latest from the Globe's business commentary, by Jeff Mahon:
Opinion: Will Trump’s ‘economic force’ threat kill Canada’s very identity as trading nation?
U.S. president-elect Donald Trump has said he would be willing to use ‘economic force’ to persuade Canada to agree to a political union with the United States
buff.ly
Ok, so Trudeau will resign as party leader and prime minister after the Liberal party picks a new leader though a "robust, nationwide process." Says he can't be best option in next election "if I’m having to fight internal battles".
Oyez, oyez, oyez. There are only about 50 town criers left in Canada. www.theglobeandmail.com/canada/artic...
The tradition of town criers is slowly dwindling. But those who are left vow to cry to their last breath
Only about 50 town criers still exist in Canada, many of them taking up roles as city ambassadors
theglobeandmail.com
Vancouver's Bench Accounting is done. Shopify (one of Bench's investors) blames "bad investors" who forced out co-founder Ian Crosby in 2022 for the bookkeeping startup's collapse. Hundreds of jobs lost, thousands of customers left in a lurch. What a mess. www.theglobeandmail.com/business/art...
Bench Accounting shuts down abruptly, leaving customers in a year-end lurch
Vancouver company had raised more than US$100-million from Shopify and other large tech investors
theglobeandmail.com
#ICYMI: ProPublica identified 17 people who each shielded at least $1 billion in capital gains from the so-called Net Investment Income Tax. Together, this small group, by collectively exempting more than $35 billion, saved about $1.3 billion in taxes.
How Billionaires Sidestepped a Tax Aimed at the Rich
Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.
propub.li
Even my 2yr old daughter is astounded by what’s in @theglobeandmail.com this weekend! (But she still enjoys it ☺️)
Just *six* executives (4 current, 2 former) at Corus Entertainment received $13-million in total compensation this year (equivalent to nearly two thirds of the struggling company's total market value!) With @davidmilstead.bsky.social @theglobeandmail.com www.theglobeandmail.com/business/art...
Corus paid bonuses to executives this year as its shares collapsed
Shares at the company fell 90 per cent over the course of the year, yet it paid out just under $13-million in compensation to four current executives and two who departed
theglobeandmail.com
"Not panicked, but not in denial. Everyone was just kind of – there, waiting to see. Except for one person. One person was really there, and that person was Ms. Freeland, who appeared just inside the doors of the dining room a little after 7:30 p.m. wearing a Liberal-red dress..." (paywall)
Shannon Proudfoot@sproudfoot.bsky.social · 2y agoNew from me: Justin Trudeau and the Liberals gathered last night for a jolly jolly family fight at their annual Christmas party. It was weird! #cdnpoli www.theglobeandmail.com/politics/opi...
🧪 Great to see a lot of Australian academics following these last few weeks! Hello! I am a science journalist. I have one piece of advice: Please talk to us. Tell us about the cool shit you're working on. Find writers you enjoy and ping them. I always want to hear about interesting science !!!!!
Calgary-based banking startup Neo did not reveal its lead investor when it announced a new financing and has rebuffed queries about its identity. Turns out it is China's Tencent. I loved getting to assist on this @seansilcoff.bsky.social scoop www.theglobeandmail.com/business/art...
China’s Tencent uncloaked as mystery lead backer of Neo’s $100-million-plus financing
Digital bank challenger declined to reveal name of investor in financing backed by prominent Canadian tech entrepreneurs
theglobeandmail.com
Kick-start for carbon credit market after loose rules agreed at COP29 https://www.ft.com/content/cc0cba2f-751a-4909-806d-c975c15feeea
Kick-start for carbon credit market after loose rules agreed at COP29
Final agreement overcomes a dispute about how much power would be given to a proposed UN registry
ft.com
Fires, first aid and guns: meet the Finnish women training for war with Russia
Fires, first aid and guns: meet the Finnish women training for war with Russia
Anxious Finns are learning how to survive in the wild in preparation for an invasion by their hostile neighbour It is Friday night on a forested military base in western Finland. A group of women dressed in camouflage with matching purple beanie hats…
theguardian.com
“We’re building a future where we aren’t even the narrators of our own story.” Scary, poignant prose written by an actual human being that is well worth a read. www.theglobeandmail.com/opinion/arti...
Opinion: The automation of writing is almost here. But what will happen to us if we cede our written language to AI?
Our written language has always been blurred by vague usage, clichés and careless generalities. But the advent of AI-generated text brings a far riskier degradation
theglobeandmail.com
The early writing appears to date to around 2400 B.C.—preceding the previous most bygone examples by roughly 500 years.
Ancient clay cylinders reveal what may be world's oldest alphabetic writing
The early writing appears to date to around 2400 B.C.—preceding the previous most bygone examples by roughly 500 years.
newsweek.com
Seems like the lowest-hanging revenge fruit for a guy who has built an entire political philosophy on the idea of retribution. Should be obvious to everyone, especially the team in question.
The Washington Post@washingtonpost.com · 2y agoBreaking news: President-elect Donald Trump plans to fire the entire team that worked with special counsel Jack Smith to pursue two federal prosecutions against the former president, according to two individuals close to Trump’s transition.
There is "going to be enormous pressure" on Republican centrists to break away on any GOP-only legislation, as the party now holds an agonizingly small House majority. One Democrat said of flipping GOP members: "It's hard, but it can be done ... it can stop a lot of bad things from happening."
House Democrats prepare to make Mike Johnson's life hell
There is "going to be enormous pressure" on Republican centrists to break away,
axios.com
Baidu’s supercheap robotaxis should scare the hell out of the US
Baidu’s supercheap robotaxis should scare the hell out of the US
The vehicle costs less than $30,000 to manufacture.
buff.ly
If you buy a 1.5-litre-bottle of locally extracted water at a convenience store in Ontario you're paying more than 3,000 times the producer cost for the water itself www.theglobeandmail.com/canada/artic...
Canada’s largest bottled water producer to pull out of Ontario
BlueTriton Brands plans to wind down its operations in the province by the end of January and sell a Guelph-area bottling plant
theglobeandmail.com
• Food items, including chips, candies, baked goods, all prepared meals, catered meals, • Beverages, including pop, bottled water, beer and wine, and coolers with up to 7 per cent alcohol content (2/2)
The items that will be exempt from the GST in the recent announcement include: • Kids' clothing, footwear, diapers, car seats • Select toys for kids under 14, including puzzles and video games • Print newspapers and printed books • Natural and artificial Christmas trees (1/2)
MPs unanimously condemn alleged Iran plot to kill Irwin Cotler: Bloc motion praises former justice minister’s ‘contribution to the defence of human rights and the fight against racism and anti-Semitism’
MPs unanimously condemn alleged Iran plot to kill Irwin Cotler
Bloc motion praises former justice minister’s ‘contribution to the defence of human rights and the fight against racism and anti-Semitism’
theglobeandmail.com
When the KKK came to Saskatchewan: "...the infamous Klan entered Saskatchewan in 1926 just as the white, Anglo-Protestant majority was distressed by the changes that society was undergoing after the First World War." gift link for first 20 readers www.theglobeandmail.com/gift/c0f8440...
When the KKK came to Saskatchewan
The infamous organization, by giving voice to existing prejudices and anxieties, became a force in the province. By 1929, the Klan boasted 25,000 members in some 125 locals or ‘klaverns’
theglobeandmail.com
Among the many fun things I learned in this delightful @jasonkirby.bsky.social piece: “numismatics” is the study and collection of coins/currency (!) Definitely worthy of my first-ever post on this platform www.theglobeandmail.com/business/art...
TD Bank’s venture into the peculiar world of alien gold coins and other precious metal collectibles
The online store of TD Precious Metals has quietly become one of the largest purveyors of gold and silver items in Canada’s retail market, introducing custom-themed items that go beyond the traditiona...
theglobeandmail.com
