Monthly Archive: May 2018

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Penguin Random House Canada CEO Brad Martin retiring

Penguin Random House Canada CEO Brad Martin is stepping down and will be replaced by the company’s president and publisher, Kristin Cochrane. The company announced Thursday that Martin is retiring on June 30. Cochrane, who will also join the company’s global executive committee, will become responsible for day-to-day and long-term publishing and business strategy. Penguin […]

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Owner of $85M apartment offers trip to space with purchase

NEW YORK — The owner for a New York City condominium is offering a trip to outer space included with the purchase of an $85 million dollar apartment. The condo is a 15,000 square-foot duplex located on the entirety of the 45th floor of the Atelier building on west 42nd street in Manhattan. WNBC-TV reports […]

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Apps and websites help air passengers get compensation for flight problems

MONTREAL — Airline passengers who use social media to vent their rage at being stuck on a tarmac for hours or waiting days for their luggage to arrive may get some apologetic words from the company, but are unlikely to recoup any money for their efforts. That’s because the percentage of Canadians who actually apply […]

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CPP Fund posts 11.6% return thanks partly to last year’s stock markets surge

TORONTO — Canada Pension Plan Investment Board says the main fund it manages for the national retirement system increased its assets by $39.4 billion over the financial year ended March 31, achieving a net annual return of 11.6 per cent. CPPIB’s chief executive officer Mark Machin says the main driver of growth over the first […]