By Haroon Siddiqui Special to the Star Sat., April 7, 2018 More and more governments are rushing to confront the dangers posed by Facebook, Google, Netflix and other digital giants. But Ottawa has yet to grow out of its infatuation with them. In genuflecting to these rapacious American corporations, Justin Trudeau and his two cabinet colleagues entrusted with the file, Heritage Minister Mélanie Joly and Democratic Institutions Minister Karina Gould, are failing to stand up for Canadians, Canadian companies and Canadian sovereignty. Several reasons are proffered for their deference: They don’t want to risk antagonizing the Donald Trump administration in the middle of testy NAFTA negotiations. They are being particularly nice to Facebook since they are lobbying it to locate a data centre in Canada. Article Continued Below They want Facebook to ensure that the Liberals are not undermined in the 2019 federal election the way Hillary Clinton was in … [Read more...] about Why is Justin Trudeau bowing down before the U.S. internet giants?
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The owner of Arby’s, Roark Capital Group, announced it would buy Buffalo Wild Wings for $2.9 billion in November 2017. The deal was finalized on Monday. The two restaurants will be run separately under the name of a new company, Inspire Brands Inc. With the merging could come some changes for the two chains. Arby’s parent company, Roark Capital Group, confirmed on Monday that its deal to acquire fast-casual restaurant chain Buffalo Wild Wings has been completed. The deal was initially announced in November 2017. Roark Capital, which also owns Arby’s and Cinnabon, agreed to buy Buffalo Wild Wings for about $2.9 billion. The two chains will fall under the new name of Inspire Brands Inc. but will be kept as separate and distinct brands, a spokesperson for Arby’s told Business Insider on Monday. But, we can certainly expect to see some changes. “Arby’s and Buffalo Wild … [Read more...] about Arby’s and Buffalo Wild Wings are joining forces to create a fast-food empire — here’s what could change
By Jose C. De Venecia Jr. From Myanmar, Thailand, and the Kingdom of Bhutan in the Himalayas, we returned to Manila, rested for a few days, and then we journeyed on to Dubai, commercial and aviation center of the United Arab Emirates (UAE), whose capital is the oil-rich and largest emirate, Abu Dhabi. With much nostalgia, our son Jose de Venecia III, today honorary consul of Azerbaijan, was with us together with our parliamentary assistant of many years, Aldwin Requejo. Joey III had his first exposure to the Arab world in the mid 1970s at age 16 as an apprentice in our company in Kuwait and Iraq. Shortly before our next flight to Tehran, seat of the ancient Persian Empire, we briefly motored to Ajman, the smallest emirate in the UAE. The other emirates are of course oil-rich Abu Dhabi, Dubai, Ajman, Sharjah, Ras Al Khaimah, Umm Al Quwain, and Fujerah on the coast of the Persian Gulf (Arab Gulf to the Arabs), between Oman and Saudi Arabia. The desert sands had long enveloped the … [Read more...] about Victories, colossal defeats, and victories in the Middle East
Trasncript of the SONA, as delivered at the Batasang Pambansa Complex, Quezon City on July 24, 2017. Kindly sit down. Thank you for your courtesy. When I was a member of Congress, I — my seat was over there. The seat... The lady with a violent — not violent but rather violet dress — seated. But I was always absent together with the Speaker and Tonyboy Floirendo, who is still absent until today. [laughter] And that started… Ay nandiyan ba? Sorry. But his propensity started almost 17 years ago when we were members of the 11th Congress. Senate President Aquilino Pimentel III and the members of the Senate; Pantaleon Alvarez, the Speaker and the members of the House of Representatives; Vice President Maria Leonor Robredo; Former Presidents Fidel Ramos, Joseph Estrada, and former President Gloria Arroyo; Chief Justice Maria Lourdes Sereno of the Supreme Court and the members of courts; Archbishop Pinto and the distinguished guests of the diplomaticcorps; … [Read more...] about Full text of Duterte’s State of the Nation Address 2017
The $6.5 million Entrepreneurs of Color Fund in Detroit has backed more than 40 businesses, creating 420 jobs in the city. The fund does away with a focus on FICO scores, helps prep companies ahead of receiving a loan, and provides ongoing support. The fund has had one write-off of about $8,000, despite lending to risky borrowers in a city hit hard by the financial crisis. The fund is set to be expanded, and the model could be employed in other cities. Adrienne Bennett needed a short-term loan so that her business could pursue a big project, but she wasn’t sure a brick-and-mortar bank would be able to deliver. Trellis Mercer tried borrowing from banks and credit unions, but his credit history kept them away. As for Regina Gaines, she didn’t even bother going to a bank. “I’m an African-American single mom, so I knew a bank wasn’t going to give me a loan, no matter my credit score,” Gaines said. … [Read more...] about A $6.5 million loan fund threw FICO scores out the window, and the results show a way forward for America’s struggling cities