Nike innovator makes strides with Marty McFly sneakers

Beers, an engineer by training and a senior innovator by title at Nike, works in the company’s vaunted Innovation Kitchen, so named because Bill Bowerman, a founder of Nike, used a waffle iron in a kitchen to create the “waffle sole,” a game changer for sneakers. But her office is littered with prototypes and drawings of projects believed to More...

by Pundit001 | Published 7 hours ago
By Pundit001 On Saturday, July 22nd, 2017
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China wants to be world leader of artificial intelligence by 2030

The country laid out a development plan Thursday to become the world leader in AI by 2030, aiming to surpass its rivals technologically and build a domestic industry worth almost $ 150 billion (U.S.). Released More...

By Pundit001 On Saturday, July 22nd, 2017
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Oil and gas industry faces challenges in courting millennials

“This ain’t your daddy’s oil,” the commercial proclaims, cutting to shots of spray paint being made and a wall covered in fanciful graffiti. “Oil strikes a pose. Oil taps potential. Oil pumps life.” Oil, More...

By Pundit001 On Friday, July 21st, 2017
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U.S. judge approves $11.2M settlement for hacked Ashley Madison users

ST. LOUIS—A federal judge on Friday approved an $ 11.2 million settlement between the marital infidelity website Ashley Madison and users who sued after hackers released personal information, including financial More...

By Pundit001 On Friday, July 21st, 2017
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Elon Musk teases Hyperloop-like plan for New York-Washington corridor

On Twitter, Musk said he had been given “verbal” government “approval” for his vision, in which one of his companies, The Boring Co., would build an underground transportation system connecting New York More...

By Pundit001 On Friday, July 21st, 2017
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FedEx Office stores closing in Canada

Shipping giant FedEx is closing its FedEx Office stores in Canada after 32 years in the country. Spokeswoman Stacey Sullivan says FedEx Office will close its 24 stores, a manufacturing plant in Markham, Ont., and More...

By Pundit001 On Friday, July 21st, 2017
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What slow inflation could mean for interest rates

THE CANADIAN PRESS/Michelle Siu Statistics Canada’s Consumer Price Index rose one per cent in June from a year earlier, as cheaper gasoline allowed Canadians to stretch their paycheques, the agency reported More...

By Pundit001 On Friday, July 21st, 2017
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TSX tumbles as Canadian dollar hovers near 80 cents US

The Toronto stock market’s main index is down sharply in morning trading today in a broad-based retreat that eliminated its mid-week gains. The Toronto Stock Exchange’s S&P/TSX composite index was down More...

By Pundit001 On Friday, July 21st, 2017
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Why a low delinquency rate isn’t the good news real estate story you think

(iStock) When the Canada Mortgage and Housing Corporation announced earlier this week that mortgage delinquency rates had fallen to the lowest level in decades during the fourth quarter, there was a rash of stories More...

By Pundit001 On Friday, July 21st, 2017
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Lower gas prices slow inflation in June

OTTAWA—The annual pace of inflation slowed once again last month as lower gasoline and electricity prices helped offset higher costs in most other categories, Statistics Canada said Friday. Overall, the agency’s More...