Investors turn to voting power to take stand on women on boards

LONDON—Emboldened by last year’s successful campaigns against excessive executive pay, some of the world’s biggest investors are shifting their focus to women — or the lack thereof — on corporate boards. Legal & General Investment Management is the latest institution to say it will vote against boards that are not at least 25 per cent More...

by SLPundit | Published 1 day ago
By SLPundit On Thursday, April 19th, 2018
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P&G reports flat profit, plans to buy Merck unit

NEW YORK—Procter & Gamble Co. reported flat fiscal third-quarter profit as it faces increased competition for consumer products such as shaving cream and household goods. The Cincinnati company also said More...

By SLPundit On Thursday, April 19th, 2018
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David Olive: How B.C. blocking the Kinder Morgan pipeline does damage to us all

There’s a strong possibility that the proposed expansion of the Kinder Morgan crude oil pipeline from Alberta’s Athabasca tar sands to the B.C. coast will never be built. And that setback will do no small More...

By SLPundit On Thursday, April 19th, 2018
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Sir Martin Sorrell leaves WPP in a sorry state

DURING his spectacular rise from London beancounter to the globe-trotting boss of WPP, the advertising powerhouse he created out of a backstreet wire-basket and trolley company, Sir Martin Sorrell was rarely sentimental. More...

By SLPundit On Thursday, April 19th, 2018
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Business writer

The Economist is looking for a business correspondent to work at its headquarters in London. An ability to write informatively, succinctly and wittily, combined with numeracy and curiosity, matter more than prior More...

By SLPundit On Thursday, April 19th, 2018
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TSX moves lower as broad-based weakness weighs on stocks

Broad-based weakness weighed on stocks in late-morning trading as Canada’s main stock index moved lower, while U.S. markets also lost ground. The S&P/TSX composite index was down 21.75 points to 15,508.22, More...

By SLPundit On Thursday, April 19th, 2018
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Rustle & Still: A coffee shop that a brews up a taste of Vietnam

By Diane PetersSpecial to the Star Thu., April 19, 2018 People like a good coffee backstory with their cup of coffee these days. Newly opened cafe Rustle & Still on Bloor St. W. near Bathurst St. delivers. The More...

By SLPundit On Wednesday, April 18th, 2018
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Kinder Morgan CEO says lingering feud confirms Trans Mountain pipeline may be ‘untenable’

CALGARY— The CEO of Kinder Morgan says events in recent days have reinforced his concerns about the viability of the Trans Mountain oil pipeline expansion project. “It’s become clear this particular investment More...

By SLPundit On Wednesday, April 18th, 2018
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Caisse’s stake in Kinder Morgan brings Quebec into bitter pipeline feud

By Kevin OrlandJosh Wingrove and Frederic TomescoBloomberg Wed., April 18, 2018 Caisse de dépôt et placement du Québec disclosed a large stake in Kinder Morgan Canada Ltd., potentially bringing the country’s More...

By SLPundit On Wednesday, April 18th, 2018
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GM Canada president Steve Carlisle moves on to steer Cadillac in U.S.

OSHAWA—The Ontario-born head of General Motors Canada is moving to head Cadillac, the global automaker’s luxury car division as part of a management rotation Wednesday. Steve Carlisle, a native of Woodstock, More...