Business BC – Latest News
- Terminating an employee can be complicated - It's a nice problem to try to solve: How do you save yourself
$1.6-million? Well, if you are Merrill Lynch Canada, you appeal to a
higher court the $2.2-million judgment that was granted to a former
employee by a lower court -- then win the appeal -- and pay only
$600,000 in the end.
- Toshiba laptops recalled for overheating risk - Three Toshiba laptop models were recalled Thursday over fears
the power input could overheat, melt the computer's plastic casing
and burn users. The joint recall -- from Toshiba Canada, Health
Canada and the U.S. Consumer Product Safety Commission -- involves
Toshiba's Satellite Pro T130, Satellite T130 and Satellite T130D
models. The model name and number can be found on the bottom of the
computers. Toshiba Canada is aware of 14 reports in which the DC-in
jack -- where the power supply is plugged in -- was the source of
"excessive heat or smoke," Health Canada said in a statement. Nearly
130 reports of similar problems have been reported in the U.S.
- Mining CEOs unearth rich bonuses in 2010 - Rising commodity prices have fattened up the wallets of
Canada's mining CEOs.
- Buyers take August holiday - Buyers are in control of Lower Mainland housing markets, but
they're in no hurry to make decisions, August statistics released
Thursday by the region's real estate boards show.
- Know which tax credits to claim for taking care of loved ones - Do you provide care or support for a dependent adult
relative, such as a parent, child, brother or aunt? Make sure you
claim all the income tax credits you deserve.
- Mitel Q1 results lower than expected, CEO stepping down - Mitel Networks Corp. chief executive Don Smith revealed
Thursday he would be retiring from the job he's held for the past
nine years. He delivered the news as Ottawa-based Mitel posted
first-quarter financial results that were weaker than expected.
Revenues for the telecommunications technology firm were $160
million for the quarter ended July 31, in line with revised company
guidance but below the range of $163 million to $167 million
analysts had in mind. Net earnings were $6.8 million, or 12 cents a
share, compared with a net income of $2 million, or a loss of 66
cents a share, in the same period a year earlier. The company said
it had struck a search committee to find Smith's successor, adding
that Smith would stay on in the top job until a new CEO is
appointed.
- Few B.C. homeowners eager to convert to solar electricity - British Columbians may know that green power is good power,
but homeowners are shying away from alternative sources such as
solar panels because of high installation costs and the inexpensive
option of hydro electricity.
- Bloggers rave about Twitter's iPad app - Hot microblogging service Twitter launched an application for
the Apple iPad on Thursday to rave reviews from technology blogs.
- We have a winner: TSX keeps on gaining - The Toronto Stock Exchange is on its longest winning streak
since February.
- 'Whining' draws quick response -
Just how important can a customer complaint be to a company's
marketing strategy?
