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Category: Business News

17/02/202311/07/2024

New AI voice-cloning tools ‘add fuel’ to misinformation fire – Business News

Photo: The Canadian Press

FILE – President Joe Biden speaks about Ukraine from the Roosevelt Room at the White House in Washington on Jan. 25, 2023. An altered video that shows Biden making comments that attack transgender people was created with a new generation of artificial intelligence tools. While Hollywood studios have long been able to distort reality in this way, experts say the technology has been democratized without considering how it can fall into the wrong hands and be used to spread disinformation. (AP Photo/Susan Walsh, Files)

In a video from a Jan. 25 news report, President Joe Biden

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17/02/202311/07/2024

How Can I Preserve Wealth for Future Generations?

Some of our clients are interested in preserving wealth for future generations, and in that instance, we sometimes recommend starting a family bank.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

A family bank is an estate planning tactic to help preserve wealth for generations to come. They can be structured in a variety of ways to meet that family’s needs, however, they are intended to help benefit a group of family members.

If our clients give their

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16/02/202311/07/2024

Pepsi drops Peeps-flavored soda: Here’s how to get the marshmallow-flavored cola

STATEN ISLAND, NY — A sensational cola treat is back by popular demand — Pepsi is once again offering its limited-edition Peeps soda.

The beverage company is collaborating with the Peeps brand to bring the marshmallow-flavored soda to market — a partnership that Pepsi said “broke the internet” in 2021. Two years ago, the partnership made its debut and trended everywhere — even being sold for hundreds of dollars on the resale market. That’s because the drop was available for 3,000 fans at the time, which intrigued cola drinkers everywhere and drove consumer demand.

Now the drink is being sold

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15/02/202311/07/2024

Is Your Practice Fraudulently Billing?

Most of our clients would obviously answer ‘no’, however, some providers are submitting bills incorrectly and could be subjecting themselves to hefty fines.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

Recently, a Florida Cardiology group and 10 of its physicians agreed to pay $2 million to settle False Claims Act allegations.

According to the settlement, the group submitted inflated claims to Medicare and Medicaid and billed for services while they were outside of the United States.

Whistleblowers

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14/02/202311/07/2024

Indigo’s ‘cybersecurity incident’ stretches into third day as the website is still offline

Indigo Books & Music Inc. is dealing with what it calls a “cybersecurity incident” that has affected customer orders in-store and online.

It started at the Toronto-based retailer on Wednesday. As of Friday afternoon, Indigo’s website was still offline.

“We are working with third-party experts to investigate and resolve the situation,” the company said in a message posted on its website.

“Our hope is to have our systems back online as soon as possible.”

Indigo says it can’t process electronic payments, accept gift cards or deal with returns. But at one location in Toronto on Friday, the store was able

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14/02/202311/07/2024

Asian Shares Advance As Investors Await US Inflation Data

Asian stocks rose on Tuesday, the dollar slipped, and Treasury bond yields remained pressured as investors remained convinced that key US inflation data due later in the day would show an easing in price pressures on an annual basis.

Gold edged higher in Asian trading on dollar weakness while oil prices dropped around 1 percent after the US government announced it would release more crude from its Strategic Petroleum Reserve (SPR) at a time when US crude markets are flush with supply.

Chinese shares eked out modest gains after reports that US Secretary of State Antony Blinken is considering meeting

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13/02/202311/07/2024

Toronto home sales forecast to fall to levels not seen in two decades

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TREB also predicts prices will rise this year, but will still be lower than in 2022

A real estate sign outside a home in Toronto.
A real estate sign outside a home in Toronto. Photo by Peter J. Thompson/National Post

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Home sales in the Greater Toronto Area (GTA) will decline to their lowest level since 2001 this year despite a rebound in the second half, according to annual forecast from the Toronto Regional Real Estate Board (TRREB).

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12/02/202311/07/2024

Bed Bath & Beyond Canada is going out of business, closing 54 stores

Bed Bath & Beyond’s Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a US bankruptcy.

The Canadian division, which operates 54 Bed Bath & Beyond stores and 11 buybuy BABY stores, is insolvent, the filing posted on the consultancy website Alvarez & Marsal showed. Alvarez & Marsal has been appointed as a monitor of the business in the Canadian court case.

The Canadian business does not have the “capacity or ability to independently effect a recapitalization or restructuring of the Canadian operations without

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