Remote work provides an irresistible temptation to some A recent B.C. tribunal decision shows that working from home can be abused and lead, in some cases, to “time theft.” Photo by Elise Amendola/The Canadian Press Near the beginning of COVID, I encountered considerable enraged backlash over a column I wrote noting that working from home… Continue reading Howard Levitt: Employee forced to pay back wages for ‘time theft’ won’t be the last
Remote work ‘doesn’t work’ for younger staff, management, Jaime Dimon says
Comes as economic uncertainty increases concerns bosses could use return-to-office mandates as reason to let people go Author of the article: Bloomberg News Matthew Boyle Published Jan 20, 2023 • 3 minute read Join the conversation JPMorgan Chase & Co.’s chief executive Jamie Dimon. Photo by Evelyn Hockstein/Reuters files Jamie Dimon said working from home “doesn’t work” for… Continue reading Remote work ‘doesn’t work’ for younger staff, management, Jaime Dimon says
Warren Buffett loaned $300 million to Harley-Davidson during the financial crisis. Here’s a look back at how he helped the motorcycle maker.
Warren Buffett loaned about $300 million to Harley-Davidson during the financial crisis. The motorcycle maker needed cash in the face of softer demand and liquidity drying up. Buffett made about $150 million in five years, but could have raked in $1 billion owning the stock. Loading Something is loading. Thanks for signing up! Access your… Continue reading Warren Buffett loaned $300 million to Harley-Davidson during the financial crisis. Here’s a look back at how he helped the motorcycle maker.
Genesis faced trouble long before the collapse of FTX and this week’s bankruptcy filing, with a stream of exec departures and exposure to defunct Three Arrows
Crypto lender Genesis filed for Chapter 11 bankruptcy this week. The firm ran into trouble earlier this year when Three Arrows Capital couldn’t pay back all of a $2.3 billion loan. Genesis insiders detail the crypto lender’s financial hardships months leading up to its bankruptcy filing. Loading Something is loading. Thanks for signing up! Access… Continue reading Genesis faced trouble long before the collapse of FTX and this week’s bankruptcy filing, with a stream of exec departures and exposure to defunct Three Arrows
‘The greatest opportunity to short on Wall Street’: an overvalued corner of the market is set to blow up as recession looms, technical analyst says
The “bubble is about to burst” in consumer staples stocks, says veteran market technician Jeff Bierman. The sector outperformed the S&P 500 last year but now it’s “overbought and overpriced”. “The greatest opportunity to short on Wall Street, according to risk/reward, is consumer staples,” Bierman said. Loading Something is loading. Thanks for signing up! Access… Continue reading ‘The greatest opportunity to short on Wall Street’: an overvalued corner of the market is set to blow up as recession looms, technical analyst says
A 34-year-old real estate investor shares 2 mistakes he made in his portfolio before becoming financially independent
Investor James Berkley is financially independent thanks to his real estate portfolio. He made a couple of mistakes early on, though, including not prioritizing cash flow. Another mistake was overpaying for a brand new build that had no room for value add. At 34, James Berkley has enough money that he doesn’t have to work… Continue reading A 34-year-old real estate investor shares 2 mistakes he made in his portfolio before becoming financially independent
Hedge against recession with bonds while piling cash into these 3 stock sectors as markets stay flat in 2023, says Northwestern Mutual’s investment chief
In an interview with Insider, Northwestern Mutual chief investment officer Brent Schutte broke down his forecast for 2023. He’s expecting a mild and brief recession this year, and sees bonds as an attractive hedge. He also shared three stock sectors that could offer upside during an economic downturn. Loading Something is loading. Thanks for signing… Continue reading Hedge against recession with bonds while piling cash into these 3 stock sectors as markets stay flat in 2023, says Northwestern Mutual’s investment chief
Housing prices have been declining, but 2022 wasn’t catastrophic and 2023 is looking better
A dig into the data shows sales held their own last year against long-term trends setting up this year for a likely recovery A ‘for sale’ sign is displayed outside a home in Toronto. Photo by Carlos Osorio/Reuters files Most pundits believe the long-term outlook for housing is positive, but any kind of consensus on… Continue reading Housing prices have been declining, but 2022 wasn’t catastrophic and 2023 is looking better
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