Hackett’s message ignored

Posted by & filed under Financial Reporting and Analysis.

Description:  Jim Hackett, CEO of the Ford Motor Corporation, is trying to get Wall Street to listen. Hackett wants analysts to consider his “thoughtful” approach to moving the car maker forward, rather than concentrating so much on the fact that Ford missed its target for Earnings per Share with its 2018 results. The appeal does… Read more »

Why a retirement crisis?

Posted by & filed under Accounting Careers.

Description:  The popular theory is that Canadians are starting their savings plan for retirement too late, and thus they are not putting enough in the bank for the days when they will no longer be working. A new survey is showing though that procrastination may not be the biggest problem people have in trying to… Read more »

The annual CES

Posted by & filed under Financial Accounting.

Description:  A phone that folds. Lots of talk about 5G, for those who claim they need even more speed. An electric-powered Harley that connects to the cloud. Audio technology that attempts to simulate the concert experience. And, of course, lots and lots of those trendy virtual assistants. These are a few of the highlights of… Read more »

The Great Cannon

Posted by & filed under Data security.

Description:  It seemed at one time that the internet might offer greater freedom and democracy to the population of China. But the growing threat of China’s hacks and espionage are causing us to rethink those views. A recent paper describes the 2015 attack on GitHub’s giant stores of computer code. This attack has been called… Read more »

Malaysia’s mountains of our plastics

Posted by & filed under Corporate Social Responsibility.

Description:  Malaysia is building mountains of our plastic waste since China ceased accepting it from the west in January 2018. For over 25 years, China had accepted roughly 50% of the western world’s plastic waste, turning it into products to be sent back to us. Meanwhile, Canada’s two largest grocery chains, Loblaws and Sobeys, seem… Read more »

A rare Apple downward drop

Posted by & filed under Canadian Economy.

Description:  Somewhat of a rare move you might call it; Apple has predicted a downward trend in its sales volume due largely to declining demand in China. Apple’s bad news comes amid a brewing trade dispute between China and the United States, the world’s two largest economic powers. The markets did not like this bellwether… Read more »

Airbnb wins this round

Posted by & filed under eCommerce.

Description:  In the grand battle of the City of New York versus Airbnb, the online rental agency wins this round. This means that Airbnb and other online rental agencies will not have to provide the City with details of renter addresses and names. The City is concerned that Airbnb and similar agencies can drive up… Read more »

Snow plow woes

Posted by & filed under Accounting Careers.

Description:  So they have large and expensive houses there on Yacht Haven Lane in Saint John, New Brunswick, and so of course they pay their fair share of property taxes. You can imagine then, that the Yacht Haven Lane residents would expect the City to plow their road. But years ago, when the property developer,… Read more »

Do you use self-checkout?

Posted by & filed under Canadian Economy, eCommerce.

Description:  Some call them job killers, those automated checkouts that seem to be spreading in the retail world. According to a survey from Dalhousie University, about 25% of those sampled had never used a self-checkout. Automation obviously allows for companies to cut costs. Some argue, though, that technological change leads to job growth. Date:  December… Read more »