WASHINGTON – The U.S. Federal Trade Commission sued against Volkswagen AG for falsely advertising that thousands and thousands of its diesel vehicles were eco-friendly, when the German automaker knew these were actually emitting excess pollution. The FTC filed suit in U.S. District Court in San Francisco, stating that U.S. consumers suffered “billions of dollars in injury” because of VW’s deception. ...

The reaction was straightforward: why not here and why there. We are talking about the current presentation by Israel-based Trendlines Group to some number of clients from the Horwood Team, which is a part of Richardson GMP. In 2014 that company C a seed-stage incubator that concentrates on medical and agricultural technology C tried to go public in Canada, but ...

Jerome Hass is a portfolio manager with Lightwater Partners Ltd. Lightwater manages two long short equity funds: the Lightwater Long Short Fund and the Nimble Fund. He spoke to us about his firm’s investment strategy and shared some of his small cap ideas. Listen towards the podcast interview with Jerome Hass:http://wpmedia.business.financialpost.com/2016/03/jerome-haas-lightwater-partners-ltd-162216-podcast1.mp3   James West is an investor and also the ...

TORONTO – Uber Technologies Inc. might have suspended its operations in Edmonton this month, but it is still calling on Toronto city council to emulate the Alberta capital when it votes on new ride-sharing regulations this spring. Edmonton had become the first city in Canada to legalize Uber when city council passed a vehicle-for-hire bylaw in January. The company applauded ...

Canada’s nascent LNG export industry continues to inch forward, despite low commodity prices and speculation of sagging curiosity about the country’s gas resources. How Big Oil is keeping the faith in Canada’s East Coast: ‘One from the last great undeveloped frontiers’ While exploration activity tapers off in Western Canada, major oil producers continue to keep the faith within the New ...

Starbucks Corp., an innovator to get consumers to purchase products having a mobile phone, is boosting paying for digital ventures this season because it improves the capacity for its app in Asia, Europe and Latin America. The coffee chain is promoting a brand new feature, introduced last year nationwide at U.S. stores, that lets customers order and purchase beverages ahead ...

A stranded asset is definitely an investment that is obsolete before the end of their useful life, creating a financial loss for an investor who decided to learn. With the prospect of disruptive technologies like planet, and tougher GHG policies targeted at curbing using hydrocarbons, some reason that today’s oil reserves turn into tomorrow’s stranded assets. Is that this a ...

One party is a unit of the Spanish-headquartered group that has a market cap in excess of 50 billion euros; another relies in Canada having a market cap of $25 million. Yet despite the size difference, the 2 parties, Telefonica and Lingo Media, have found enough in common to setup an industrial distribution partnership, an offer that may be announced ...