It’s easy to forget how sky-high expectations were for the Facebook IPO. The day before the company went public, some investors reasonably assumed that by the close of the market, Facebook would be worth $140 billion since the average first-day pop for tech companies was 32%. Forbes also urged investors to “Buy Early And Buy As Much As You Can.” ... Read More »
Catching a glimpse of a humpback whale can be the experience of a lifetime, but for a Campbell River man a recent encounter will be memorable for different reasons. Raymond Boyd was on his way home from Cray Croft Island when the whale breached near Kelsey Bay. With no way to avoid it, his boat collided cracking the hull and ... Read More »
TORONTO – It’s dubbed as the bible for mental health professionals. It helps determine diagnoses and treatment, what medications and services are covered, and eligibility for insurance. And after a decade of reworking, a major revision to the Diagnostic and Statistical Manual of Mental Disorders – or the DSM – is set for publication next week. It’s the manual’s first ... Read More »
DAMASCUS, Va. – An elderly driver plowed into dozens of hikers marching in a Saturday parade in a small Virginia mountain town and investigators were looking into whether he suffered a medical emergency before the accident. About 50 to 60 people suffered injuries ranging from critical to superficial, but no fatalities were reported. Three of the worst injured were flown ... Read More »
(CNN) – Imagine you served for one year with the U.S. Army in Iraq. Imagine you served an additional tour in Afghanistan a year later. And imagine being injured in that last tour after a roadside bomb exploded from beneath a trashcan as your Humvee rolled by. Your buddy sitting next to you was killed. After you left the Army and ... Read More »
Reddit, Craigslist and more than 30,000 other websites are flying the flag of opposition to the Cyber Intelligence Sharing and Protection Act, or CISPA, a controversial cybersecurity bill that was recently reintroduced in Congress. The thousands of websites which oppose CISPA will, starting Tuesday, be displaying an interactive banner ad (seen below) from the Internet Defense League that allows voters ... Read More »
CALGARY- Businesses across Canada are getting set for the eventual demise of our copper coin—the penny. Starting on Monday, cash sales will be rounded up or down to the nearest five cents. Many large retail chains have been reprogramming their computers to reflect the change, but many smaller businesses will have to do it manually. The rounding formula means: Amounts ... Read More »
TORONTO – Royal Bank (TSX:RY) chief executive Gord Nixon received a pay increase last year after taking a million-dollar pay cut in 2011. The CEO earned $12.6 million in 2012, marking a raise from $10.1 million in 2011, according to the bank’s annual disclosure released Monday. Nixon had seen his 2011 paycheque decline from $11 million in 2010, as the ... Read More »
HALIFAX – A winter storm is pushing through parts of Atlantic Canada bringing with it a messy mix of snow, rain and freezing rain. Icy roads have led to the cancellation of school in the Halifax area, while a handful of flights have been cancelled or delayed at Halifax Stanfield International Airport. Classes have also been cancelled in the province’s ... Read More »
HALIFAX – A Canadian airline says it had to divert a plane to Bermuda because a family was openly smoking in their seats. A spokesman for Sunwing Vacations says the plane bound for the Dominican Republic from Halifax made an emergency landing at L.F. Wade International Airport on Friday night because a mother, father and son refused to butt out. ... Read More »
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