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The Riddle, and Controversy, of All That Missing Plastic – WIRED

Humans unleash mountains of plastic into the sea each year, and that rate is only accelerating as plastic production grows around the world. The confounding bit is that scientists know little about where all that plastic is ending up—in gyres like the Great Pacific Garbage Patch, yes, but that’s just a fraction of the debris…

Hubble Reveals Latest Portrait of Saturn – Hubble Space Telescope at ESA

heic1917 — Photo Release 12 September 2019 The NASA/ESA Hubble Space Telescope’s Wide Field Camera 3 observed Saturn on 20 June 2019 as the planet made its closest approach to Earth this year, at approximately 1.36 billion kilometres away. Since the Hubble Space Telescope was launched, its goal has been to study not only distant…

Hudson’s Bay ditches 300 brands in quest for cool factor

Hudson’s Bay Co. is doing a large-scale dust off in Canada.The owner of Saks Fifth Avenue has booted out 300 “unproductive” brands from its Canadian department store chain, known locally as “The Bay.” It’s brought 100 new brands to “reset” the assortment this season, ranging from fast fashion staple Mango to high-end, sustainability-focused designs of…

TSX climbs to a record high amid trade hopes, ECB stimulus

TORONTO — Canada’s main stock index climbed to a record high on Thursday, led by financial shares, as a thaw in U.S.-China trade tensions and the European Central Bank’s new stimulus measures boosted investor sentiment.At 2:38 p.m. EST (1838 GMT), the Toronto Stock Exchange’s S&P/TSX composite index rose 82.05 points, or 0.49 per cent, to…

Condo buyers could face major unexpected tax hit over leaseback purchase incentives

Condominium buyers who took advantage of a popular purchase incentive in recent years are finding themselves in the crosshairs of the Canada Revenue Agency.The rental guarantee incentive drawing the tax authority’s interest is commonly known as a leaseback arrangement, and became popular around 2015 amid jitters that an oversupply of condominiums in some areas would…

Trudeau promises to tax foreign speculation in housing market nationwide if reelected

OTTAWA — Canada’s ruling Liberals will introduce a 1 per cent tax on non-resident non-Canadians to help prevent foreign speculation from driving up housing prices, Prime Minister Justin Trudeau said on Thursday on the second day of an election campaign.Speaking at an announcement in Victoria, British Columbia, Trudeau said the national speculation and vacancy tax…

Apple nears record as market cap once again surpasses $1 trillion

Apple Inc. shares rose for a fourth straight session on Thursday, with the iPhone maker hitting its highest level since October as investors continued to feel bullish about the company’s recent product event.Shares gained as much as 1.3 per cent on the day and have risen nearly 17 per cent off a low hit in…

Five pitfalls to avoid while hunting for hidden gems in small-cap land

I have spent most of my career researching and managing investments in small capitalization companies. To me, that’s where the excitement is. There is nothing like discovering a gem of a company before others do, and then watching the world take notice and then watching shares of that company rise higher and higher.Of course, it…

Why negative interest rates in the U.S. would be the real ‘bonehead’ move

Another day, another salvo in the one-sided feud between Donald Trump and his handpicked chair of the Federal Reserve. To add to calling Powell and the Fed “a much bigger problem than China” and absolutely clueless (in various forms) over the past few months, the President of the United States on Wednesday took to labelling…