The euro has peaked against the yen for the first time in four years, while also reaching a one-month high against the dollar. Learn more with Reuters’ Angeline Ong as she discusses the current situation in Europe with CIBC‘s Chief FX Strategist Jeremy Stretch: Continue Reading
Dropbox, an internet-based file hosting service, has become one of the most promising ventures in Silicon Valley over the last six years. This week, the startup invited journalists to its China Basin offices for a progress update. According to the company, Dropbox has more than 200 million users with more than 1 billion files saved… Continue Reading
Ray Dalio, the founder of $150 billion hedge fund Bridgewater Associates, recently decided to reach out to the public without allowing the media to, well, mediate. Dalio explained: “The economy works like a simple machine. But many people don’t understand it— or they don’t agree on how it works — and this has led to… Continue Reading
Rob DeMartini, CEO of New Balance, recently discussed the company’s American factories, its plans to expand beyond running shoes, and the recent $500 million Brighton Landing project in an interview with the Boston Globe’s Taryn Luna. Luna asked: “You’re pushing the federal government to apply the Berry Amendment, which requires the military to provide soldiers… Continue Reading
According to the Tax Foundation, many states are hampering business growth with complicated tax structures. The group’s 2014 State Business Tax Climate Index recently ranked all 50 states to reflect the competitiveness of a state’s policies to businesses both large and small. The report looked at state income, corporate, property, sales and unemployment insurance tax… Continue Reading
USA Today Money’s Smart Small Business series focuses on expanding small firms and their tactics, challenges and triumphs. Reuben Canada, founder and CEO of Canada Enterprises, explains why digital tools have a significant role in small business growth today. He explains that he uses several social media platforms, including Facebook, Twitter, and Youtube to promote… Continue Reading
The partial government shutdown on Tuesday had a minimal impact on business leaders. Partisan brinkmanship is not new to Washington, and according to the Boston Globe, businesses aren’t expecting any major changes in the near future. However, a threat does loom over the heads of business owners; when the federal government reaches its borrowing limit… Continue Reading
Almost every business today requires an IT team or external IT company. Choosing the right company can be a hassle, but it is extremely important. Joanna Sobran of MXOtech, Inc. lists ten things to look out for while searching for the right tech support in an article on the Huffington Post: 1. They own all… Continue Reading
According to recent reports, high demand and tight supplies of cocoa butter may increase the price of chocolate this holiday season. The Huffington Post explains that “Increased demand from Asia’s expanding middle class and a turnaround in sales in big consuming countries have seen butter prices nearly double to more than $7,000 a tonne from… Continue Reading
Later today, Apple will unveil its newest iPhone. Investors have high hopes for the new device, and many are building bullish share and options positions. The unveiling will take place at a media event in Cupertino, California. Apple’s newest models include he iPhone 5S, and the cheaper version, the iPhone 5C. Experts also expect the… Continue Reading