All Business stories

Countries put out the “we’re hiring” signs

In the global race for top talent, governments are bending over backwards to attract the world’s most-desirable ex-pats with fancy new super visas and generous tax incentives.

Goldman updates itself, again

As deals slow and tech grows, old-school banks are re-inventing themselves to keep up.

Gassed up

There’s a new app you need to know about to not feel so hopelessly out of touch next time you’re around teens: It’s called Gas, and it’s rocketing up the download charts, per The WSJ.

Why it’s happening: Despite only being available in a few US states right now, Gas has caught on by allowing users to send semi-anonymous compliments to others at their high school (like choosing someone as “the most beautiful person you have ever met”). 

Virtual ads, real outrage

Advertising money makes the world go round these days… but that’s been a harsh realization for some of Canada’s most dedicated hockey fans. 

Driving the news: When the NHL kicked off its season last week, fans were quick to notice the addition of digitally enhanced dasherboards (DEDs) on rink boards, with some taking to social media to air their grievances around the “hard-to-watch” animations.

No name, no price hikes

Inflation numbers are dropping on Wednesday, shoppers and politicians are getting pretty pissed about food prices, and Loblaw is starting to play defence. 

Driving the news: Canada’s biggest grocer announced it will freeze prices on all of its No Name products (over 1,500 items) until January 2023, per The Globe and Mail. 

Where to get promoted

If you’re looking to move up the ranks at your company, you might just want to find a new one, according to a new study that found what you do isn’t as important as who you do it for.

  • Where you work “has big consequences,” the Burning Glass Institute’s President told The WSJ. “But … workers don’t have the visibility to make an informed choice.”

TikTok versus everyone

TikTok has already put a dent in Meta’s ad business, but now the company is preparing to take on even more Western tech giants with a push into music streaming and e-commerce. 

Driving the news: TikTok parent ByteDance is laying the foundation to compete with both Spotify and Amazon, according to a pair of reports this week.

Paying the Canada premium

Canada is famous for many things: Poutine, hockey, ketchup chips—and high, high prices. 

According to The National Post, Canadians are paying a serious premium for products, including mobile plans, grocery hauls, and some basic services. Let’s unpack. 

Lego wants to be educational, too

The world’s largest toy company is starting to play in the $1 trillion education business. 

What happened: Lego owner Kirkbi A/S is buying video-learning firm Brainpop for US$875 million as the company expands into classroom learning, per The Wall Street Journal

Save the MBA for another day

Wannabe McKinsey consultants and Bay Street executives are starting to realize that in today’s red-hot labour market, an MBA might be nothing more than a nice-to-have.