By Kevin Donovan Chief Investigative Reporter Mon., June 4, 2018 The widow and children of Toronto mayor Rob Ford have sued Doug Ford alleging he has deprived them of millions of dollars, including shares in the family business and a life insurance policy left behind to support his family. In a $16.5-million lawsuit, filed Friday in Superior Court, Renata Ford also alleges that Doug Ford is a “negligent” business manager whose decisions have led to a steady decrease in the value of the Ford company, Deco Labels. Despite setting his sight on a political career, Doug has continued to receive “extravagant compensation,” even though Deco is losing money, Renata claims in her court filings. Doug Ford has “knowingly and deliberately put (Renata and her two children) in a highly stressful and unfair financial position during their period of grief after Rob Ford’s death, and continued to do so for more than two years after Rob … [Read more...] about Rob Ford’s widow sues Doug Ford, alleging he has deprived her and her children of millions
What i learned losing a million dollars
In 1992, Steve Jobs was in exile. The Apple founder had been kicked out of the company and had been building his new computer company, NeXT. (Apple bought it in 1996, bringing Jobs back.) That’s the context in which Jobs gave a wide-ranging lecture to MIT MBA students in the spring of 1992, set up by one of Laurene Powell’s siblings. The man who would end up spearheading the development of the iPhone ended up talking for over an hour and taking questions about several topics he didn’t address later in his career, including his management style, his closest competitors, and how he felt when he left Apple. MIT recently unearthed the video and uploaded it to YouTube. If you don’t have an hour, we’ve pulled some of our favorite highlights below: On the Macintosh’s killer app and how he didn’t see it coming (10:30): “We never anticipated desktop publishing when we created the Mac. Sounds funny because that turned out to … [Read more...] about Watch a recently rediscovered Steve Jobs lecture where he talks about leaving Apple and what he’s learned about management
source Matt Cardy/Getty Images For years, credit cards from JPMorgan Chase, Citigroup, and others have offered price protection, a benefit that refunds customers up to $500 if they buy an item and subsequently spot it cheaper somewhere else. Filing a claim was a laborious task, so few people ever did. Apps like Earny have emerged that use bots to automate the price-protection process, connecting with users’ email accounts to monitor purchases and hunt down refunds. Insiders say the rise of these tools and services has led to exponential growth in price-protection claims: “Nobody foresaw the onslaught of claims right now.” Citi recently revealed it would cut back on its price-protection offering, while Chase is planning to eliminate it entirely. Discover, which doesn’t work with apps like Earny, has cut other benefits but is keeping price … [Read more...] about For years, Chase and Citi credit cards offered a generous, under-the-radar benefit that protected customers. And then the bots arrived.
Facebook released the prepared testimony that CEO Mark Zuckerberg will share as his opening remarks at the congressional hearing on Wednesday with the House Committee on Energy and Commerce. The Facebook CEO will testify before both the Senate and Congressional hearings this week, in light of an investigation into Facebook’s role in the Cambridge Analytica scandal involving the irresponsible use of an estimated 87 million users’ data. Zuckerberg’s testimony concludes that Facebook’s community is his top priority, and says that “advertisers and developers will never take priority over that as long as I’m running Facebook.” The United States Congress released Mark Zuckerberg’s prepared testimony ahead of his congressional hearing with the House Committee on Energy and Commerce that will kick off at 10 a.m. EST on April 11. The hearing will give congressmen … [Read more...] about Here’s what Mark Zuckerberg is going to say first when he testifies in front of Congress on Wednesday
By Jason Wilson Special to the Washington Post Sun., April 1, 2018 It’s just after dark in Vancouver’s downtown financial district, on a chilly autumn evening, and I’m gazing up at the twisting, triangular, neo-futurist Trump International Hotel & Tower, rising 63 storeys and 188 metres into the air. If you’re impressed by tall things, the Trump tower is pretty tall. But then I glance across West Georgia St., at the Living Shangri-La tower, rising 62 storeys but standing 200 metres tall. Which means that the Living Shangri-La is the tallest building here. For someone like Donald Trump who is obsessed with superlatives, it must be tough to have your name emblazoned on the second-tallest building in Vancouver. From where I stand, the Trump International Hotel & Tower is not particularly welcoming. It’s 7:30 p.m., but I see very few lights on the higher floors, and I wonder who lives in the darkened condominiums in the upper parts of … [Read more...] about What I learned by eating, drinking and sleeping at Trump resorts from Vancouver to Scotland