Tag: business news today

Twitter pulls check mark from main New York Times account

Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk’s most despised news organizations.

The removal comes as many of Twitter’s high-profile users are bracing for the loss of the blue check marks that help verify their identity and distinguish them from imposters on the social media platform.

Musk, who owns Twitter, set a deadline of Saturday for verified users to buy a premium Twitter subscription or lose the checks on their profiles. The Times said in a story Thursday that it would not pay Twitter for verification of

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Riskiest scams in Canada ranked by Better Business Bureau

A new report from the Better Business Bureau (BBB) ​​says the riskiest frauds in Canada are home improvement scams and cryptocurrency scams, followed by advance fee loan scams.

The organization, which advocates for education to protect consumers, says home improvement scams were the riskiest in 2022, up from the fourth-riskiest ranking in 2021.

According to the report published March 6, 1,291 scams were reported by Canadian consumers to the BBB Scam Tracker in 2022. The overall median dollar loss reported was $300, a 20-per-cent increase from the 2021 median dollar loss of $250.

More people were being targeted by websites,

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Nordstrom Canada will launch sales at its closing stores starting Tuesday

The liquidation sales at Nordstrom stores across Canada will begin Tuesday, a spokesperson for the department store chain confirmed in an email to CBC News.

At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the US retailer’s Canadian branch permission to start liquidating its merchandise.

Lawyer Jeremy Dacks, who represented Nordstrom, said the company has “worked hard to achieve a consensual path forward” with landlords, suppliers and a court-appointed monitor to find an orderly way to wind down the business.

The monitor, Alvarez & Marsal Canada, suggested five potential third-party liquidators and

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Police: Crypto firm founder Do Kwon arrested in Montenegro – Business News

Crypto founders arrested

The Associated Press – | Stories: 417550

Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world, the European country’s interior minister said Thursday.

“Montenegrin police arrested an individual who is believed to be one of the most wanted fugitives, South Korean citizen Do Kwon,” Interior Minister Filip Adzic said on Twitter.

Montenegrin authorities were awaiting official confirmation of the identity of a man

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Scandal-plagued Japan tech giant Toshiba accepts buyout offer – Business News

Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a 2 trillion yen ($15 billion) tender offer from Japan Industrial Partners, a buyout fund made up of major banks and companies.

If the proposal succeeds, it will be a major step in Toshiba’s years long turnaround effort, allowing it to go private and delisted from the Tokyo Stock Exchange. But overseas activist investors own a significant part of Toshiba’s shares, and it’s unclear if they will be happy with the latest bid.

Tokyo-based Toshiba Corp. announced its board accepted the bid at 4,620 yen ($36) a

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Facebook parent Meta slashes another 10,000 jobs – Business News

Meta slashes 10,000 jobs

The Associated Press – | Stories: 415964

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.

The company said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, and then in its business groups in late May.

“This will be tough and there’s no way around that,” said CEO Mark Zuckerberg. “It will mean saying goodbye to talented and passionate colleagues

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What is a Power of Attorney?

Many of our clients have heard of the powers of attorney, but do not know what they actually entail.

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 ).

It is important to know that there are different types of powers of attorney, however, they are all legal documents that allow you to pick an agent or attorney-in-fact on your behalf.

Powers of attorney allow another person to make financial, legal, and medical decisions for you, depending on the type.

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Marc Spector launches new architecture firm

Marc Spector, a former principal of Spectorgroup, has launched a new architecture firm called Spector Companies.

The new firm has three offices, including one at 220 Crossways Park Drive West in Woodbury, where Spectorgroup has been headquartered. Its two other offices are on 34th Street in Manhattan and at Wynwood Garage in Miami.

All staff that were at Spectorgroup’s Woodbury office have transitioned to Spector Companies at the same location.

Spector says the new firm will have a strong focus on sustainability and AI innovation, and offer services that span architecture, interior design, project management, master planning, and real estate

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