Business

Sleep-tech Entrepreneurs Seek to Put Insomnia to Rest

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If you are reading this at 3 a.m., chances are that James Proud wants to put you in a deep slumber. As the inventor of the sleep-tracking device Sense, Proud has enjoyed heady success in the quickly growing sleep tech field: Sense’s 2014 Kickstarter campaign raised about $2.4 million even though the goal was only $100,000. One of Proud’s business ...

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Coca-Cola Remains Top Drink Maker in Japan, But not Because of Coke

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EBINA, JAPAN—Coca-Cola has been the No. 1 beverage maker in Japan for half a century, but it’s not thanks to the popularity of Coke. Instead, the American soft-drink brand has adapted to the quirky ways this society quenches its thirst. Coca-Cola’s nearly 1 million vending machines account for about half of all the vending machines in Japan. Many of them ...

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Uber, Lyft Warn Over Possible New Year’s Eve Price Spikes

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New Year’s Eve revelers hoping to avoid exorbitant ride-hailing fares should steer clear of Uber and Lyft between midnight and 3 a.m. on New Year’s Day, according to the two San Francisco companies, which anticipate rider demand will drive up prices during those hours. In major cities, the firms also expect high demand and, in turn, high fares, from 8 ...

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Milo Yiannopoulos Book will be Published Despite Wide Criticism

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NEW YORK—In the face of heavy criticism, Simon & Schuster is moving forward with plans to publish a book by the conservative provocateur Milo Yiannopoulos. Yiannopoulos writes for Breitbart News, considered by many a platform for the so-called “alt-right” movement, an offshoot of conservatism that mixes racism, white nationalism and populism. Yiannopoulos’ Twitter account was suspended earlier this year after ...

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Top 10 Tech Stories of 2016

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This year will go down as a year where many potentially game-changing technologies actually made it into people’s hands. Now we just have to see if they will actually change the world. Consider it the real beginning for things like virtual and augmented reality, technology that had been gestating, but finally became real products. To go along with that promise, ...

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Sleepy Yonge and St. Clair Gets a Makeover

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After years of languishing in a commercial torpor, the four corners at Yonge St. and St. Clair Ave. are undergoing a retail revitalization it’s hoped will transform the area by 2018. “It’s kind of like a time capsule,” said Lucas Manuel, chief operating officer of Slate Asset Management, referring to the neighbourhood, home to a hodge-podge of struggling retailers in ...

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Donald Trump Seeks Credit For 5,000 Sprint Jobs Already Announced

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President-elect Donald Trump sought credit for Sprint’s commitment to create or bring back 5,000 jobs that the carrier says are part of broader U.S. hiring plans previously announced by Japan-based parent SoftBank Group Corp. Trump said SoftBank chairman Masayoshi Son was among those behind the move to add workers. The Japanese billionaire, who Trump calls “Masa,” said earlier this month ...

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Costs of Ontario Cap-and-trade will Kick in After Jan. 1

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TORONTO—Ontarians will start paying for the Liberal government’s ambitious cap-and-trade program almost immediately after it comes into effect Jan. 1 with higher prices for gasoline and natural gas. The plan, which is aimed at reducing greenhouse gas emissions to 15 per cent below 1990 levels within four years, will drive the price of gasoline up 4.3 cents per litre and ...

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Prepare for McKinsey-esque Sound Bites in Infrastructure Talk: Wells

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An easy prediction for 2017: Government-speak as it pertains to the country’s economic future will increasingly have the ring of McKinsey sound bites. I refer here to the global consultancy, which has reached into the country’s highest political office via outgoing McKinsey global managing partner Dominic Barton and the Canadian Advisory Council on Economic Growth he now leads. In October, ...

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Donald Trump Seeks Credit for 5,000 Sprint Jobs already Announced

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President-elect Donald Trump sought credit for Sprint’s commitment to create or bring back 5,000 jobs that the carrier says are part of broader U.S. hiring plans previously announced by Japan-based parent SoftBank Group Corp. Trump said SoftBank chairman Masayoshi Son was among those behind the move to add workers. The Japanese billionaire, who Trump calls “Masa,” said earlier this month ...

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