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Top News: Business

P4G Accelerator will make sustainable development goals reality

Denmark-inspired "Partnering for Green Growth and the Global Goals 2030," is a new global climate alliance with the goal of becoming an engine to drive green growth. The accelerator was launched on Wednesday in the UN Headquarters.

Amazon made huge change to its $12 bn cloud computing juggernaut

When Amazon launched Amazon Web Services in 2006, it sparked a cloud computing revolution. No longer would programmers have to buy, build, and maintain their own servers.

China hits back at S&P's 'mistaken' credit downgrade

Bejing - China on Friday lashed out at the decision by Standard & Poor's to downgrade the country's credit rating, calling the warning against ballooning debt "mistaken" and based on "cliches" about its economy.

NextAI showcases startup talent building AI businesses

NEXT Canada concluded its first NextAI program this week with Venture Day. 15 startups from nine different countries participated in the first year of the program.

Duke Energy invests $30M in two battery storage systems in N.C.

Asheville - Duke Energy today announced plans to install North Carolina's two largest battery energy storage systems – a $30 million investment as part of the company's Western Carolinas Modernization Plan.

China's debt downgraded by second ratings agency

Bejing - Standard & Poor's slashed China's credit rating on Thursday over warnings that its ballooning debt had raised "economic and financial risks", marking the country's second downgrade this year.

Amazon is hiring 2,000 people in New York City

Amazon is taking another bite out of the Big Apple. The online retail giant is hiring 2,000 more employees over the next three years at a new office in New York City.

Op-Ed: Florida residents not allowed to use solar power after hurricane

Millions of Florida residents lost power after Hurricane Irma raged through the state. But homeowners with solar energy installations couldn’t use them during the outage because they would be breaking the law.

GM factories power towards 100 percent renewable energy sources

All General Motor's Ohio and Indiana manufacturing facilities will soon meet their electricity needs with 100 percent renewable energy, thanks to GM’s new purchase of 200 MW of wind power, it was announced on Wednesday.

Toshiba says sells chip unit to Bain Capital for around $18 bn

Toukyo - Toshiba said Wednesday it would sell its memory chip business to a group led by US investor Bain Capital, in a deal worth around $18 billion and seen as crucial to keeping the Japanese conglomerate afloat.

Counterculture icon 'Rolling Stone' up for sale

New York City - Jann Wenner was just 21 years old when he started the paper "Rolling Stone" that became an icon of the counterculture for baby boomers. Aspiring stars lined up to get on the cover.

Op-Ed: Digital ads tanking? What a surprise.

The underperformance and non-performance of digital ads has been legendary for years. Now, apparently there’s a “crisis of confidence’, even in Google ads. What a surprise. Maybe the wheel will be invented someday, too?

Dataiku looks to increase its share of the data science market

The company Dataiku Inc., which manufactures Dataiku Data Science Studio (DSS), providing end-to-end advanced analytics and collaborative data science tools, has announced plans to strengthening its platform with new integrations and technologies.

The digital farm and the impact of ‘green’ eggs

Okanagan - Scientists have been tracking the environmental footprint of Canadian egg products and looking at the optimal models of farming to reduce environmental impacts. The model has utilized digital technology.

Op-Ed: Bitcoin price recovering after big slump

Within just a few hours the price plunge of the cryptocurrency bitcoin reversed and bitcoin regained $700 US as the cryptocurrency market along with bitcoin recovered some of its value.

Op-Ed: Three main US indices end week with record highs

New York City - In spite of the unpredictable actions of Donald Trump and rising international tensions over Korea, all three major US stock market indices rose on Friday to record new highs.

Digital transformation trends for the fashion industry

The days of consumers solely being altered as to the coming trends from the fashion industry by the major shows is receding and the fashion sector is turning to digital methods to promote the latest lines.

Fashion brand Lafayette 148 New York goes digital

New York - Firstborn and Isobar have been hired by fashion brand Lafayette 148 New York to lead digital and e-commerce transformation for the business. This signals changes within the fashion sector.

Elevate Toronto emboldens diverse community of innovators

What began as a pitch to Toronto’s Mayor 90 days ago has become the biggest innovation festival in Canada. Elevate Toronto kicked off its first year in fine form.
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Top News: Business