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Top News: Business

Op-Ed: U.S. biz pays CEOs more than taxes, and no questions asked?

Sydney - Generosity to oneself is pretty normal. When U.S. corporations who refuse to consider raising minimum wage and audit staff toilet time start giving their pet high flyers more money than they pay in taxes, questions need to be asked. Nobody's asking.

Op-Ed: To innovate, examine your value chain

Do you want to innovate with your service or process? Here is an effective method which I use on innovation workshops. It involves analyzing and questioning every stage of your procedure.

Op-Ed: Hey, Toronto, leave Uber alone and let the free market work

Toronto - It has been years since I was in a Toronto taxicab. The last time I was in one, it was too expensive, the driver was rather discourteous and the ride was pretty dangerous (slamming of the brakes and high speeds).

Wall Street culture breeds dishonesty among bankers, study finds

A new scientific study conducted by Swiss researchers reveals that the banking industry fosters cheating and dishonest behavior among bankers.

Company creates 'Minipresso' for your espresso on the go

A Hong Kong startup company is marketing a clever little device that might make your morning more tolerable. Minipresso is a pocket-sized espresso maker designed to brew your espresso while you're on the move. It's not here yet but coming soon.

Walmart Canada pink slips 210 employees in one fell swoop

Walmart Canada had the pink slips out on Tuesday, 210 of them, as the retail giant trimmed its staff. Both management and non-management employees were let go with most lay-offs coming from their head-office.

How Mashable does 'viral' Special

Toronto - At Monday night's Canadian Journalism Foundation talk, Jim Roberts of Mashable explained that "viral" can come in more forms than just cat videos and "listicles."

Once again, brands' reach on Facebook will get cut

On Friday, Facebook announced that unpaid posts will be curtailed. Organic posts, or unpaid posts, that are considered to be too promotional will be affected.

Amazon, Hachette reach new deal after months-long dispute

After a high-profile fight during contract negotiations, Amazon and Hachette Book Group have finally come to an agreement.

Pizza Hut New Zealand to offer new Mexican-inspired pizza flavors

Italians may have invented the pizza, but an industry staple in New Zealand takes the concept in a decidedly different direction with the release of its new series of flavors.

Texas, the U.S. wind energy leader now looks to battery storage Special

Dallas - Texas, home of the oil and gas industry, is the U.S. leader in installed wind energy. As its energy mix for electricity continues to change, it has begun to deal with the issue of battery storage similar to California and New York.

Six banks fined over $4 billion after exchange rate manipulation

Six giant banks have agreed to forfeit $4.33 billion to global regulators to resolve allegations that its traders tried to fiddle foreign exchange rates.

Air Asia becomes latest major endorsement by Manny Pacquiao

Another major endorsement has been added to Manny Pacquiao's long list of commercial endorsements as he gears up for a potential "Fight of the Year" duel with American Chris Algieri at the Cotai Arena of the Venetian Hotel & Casino in Macau, China.

Global financial regulator issues rules to curb 'too big to fail'

A global banking regulator has issued a series of proposals meant to protect taxpayers from ever again having to finance a bailout of large banks considered "too big to fail."

Canada named a trading hub for Chinese currency

Beijing - Canadian Prime Minister Stephen Harper returned to Canada after a successful trade mission to China. While Harper did raise human rights and religious freedom issues this did not prevent negotiation of trade deals.

Pizza Hut announces major brand overhaul

Dallas - Pizza giant Pizza Hut has announced plans to expand its offerings and personalize its menu, increasing everything from available toppings to the types of cheeses it uses.

Amazon takes Tesco’s spot on top of UK entertainment market

The American-based online retailer Amazon surged past its rival Tesco during the third quarter of this year. The period, which ended with September, saw Amazon holding 22.5 percent of the entertainment market.

Wal-Mart to focus on food safety in Asian stores

Food safety has become a much talked about subject in China, especially after photos were released showing food oil being scooped from drains to accusations of selling phony eggs. Retail giant, Wal-Mart has entered the fray, intent on cleaning up its act.

LabCorp buys major research organization

The diagnostic company LabCorp is entering the clinical trial business with the purchase of Covance, a contract research organization (CRO). The deal is worth $6 billion.
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