Innovation Nation: When privacy stands in the way of patient care

Innovation Nation: When privacy stands in the way of patient care

While nothing is more private for most individuals than their health, many Canadians don’t realize they legally own their personal health records — or how they would obtain them. As we look to evolve our health care system, however, putting this data into patients’ own hands, rather than locking it away in government-run repositories, is…

Lawyer in charge of Apple’s insider-trading policy charged with … insider trading

Lawyer in charge of Apple’s insider-trading policy charged with  … insider trading

At Apple Inc., former top lawyer Gene Daniel Levoff was responsible for making sure employees didn’t violate insider-trading laws. It turns out he was the one who was buying and selling shares illegally, according to the U.S. authorities. Levoff, who until last year was Apple’s senior director of corporate law, traded on advance knowledge of…

Bill Ackman’s Pershing Square says it’s ‘returning to its roots,’ and it shed a third of its staff in 2018 as part of the journey

Bill Ackman’s Pershing Square says it’s ‘returning to its roots,’ and it shed a third of its staff in 2018 as part of the journey

Billionaire Bill Ackman’s Pershing Square shed a third of its staff in 2018, as the firm looked to cut costs and shift strategies. The cuts are a way of the firm “returning to its roots,” according to a recent investor presentation. $7.9 billion Pershing began the year with 56 employees and ended with 38, including…

An overlooked trade that’s crushed the S&P 500 for 20 years has fallen on hard times — but one expert says it’s poised for a big comeback

An overlooked trade that’s crushed the S&P 500 for 20 years has fallen on hard times — but one expert says it’s poised for a big comeback

“Medium-sized” doesn’t get people’s hearts pumping compared to towering giants or scrappy underdogs, but an analyst says the middle is where investors should look for dominant returns. Mid-cap stocks have blown larger companies out of the water over the last two decades, and Sam Stovall, US equity strategist for CFRA. The pattern has been paused…

Goldman Sachs has formulated the perfect strategy to help traders profit from the strongest labor market in years

Goldman Sachs has formulated the perfect strategy to help traders profit from the strongest labor market in years

Goldman Sachs says investors need to find a hiding spot as employee wages rise and company profits get thinner. After years of sluggishness, pay for workers is growing at the fastest pace since 2008. That’s a positive for the US economy and markets in many ways, but it can also make companies less profitable. In…

Global stocks bounce after Trump’s softening stance on trade war ‘music to the ears of the market’

Global stocks bounce after Trump’s softening stance on trade war ‘music to the ears of the market’

The worldwide market rally continued on Wednesday with trade war optimism saturating equities. Asian and European markets rallied with US futures after US President Donald Trump said on Tuesday that he could see letting the March 1 deadline for reaching a trade agreement with China “slide for a little while,” if both sides were near…

Jason Kenney, Alberta’s would-be leader, vows to drop the gloves in fights over oil

Jason Kenney, Alberta’s would-be leader, vows to drop the gloves in fights over oil

Canada’s oil sector may soon get a more combative advocate in the Alberta premier’s office. Voters in Canada’s top oil-producing province head to the polls in the next few months and are poised to elect Jason Kenney, one of the country’s foremost conservative figures, as the new premier. Kenney would inherit a budget deficit, a…

It will soon become more common to get a mortgage online, but human advisers look here to stay

It will soon become more common to get a mortgage online, but human advisers look here to stay

TORONTO — Sometime in the near future, the majority of mortgage applications in Canada will be completed online or with a chatbot, mortgage expert Rob McLister predicts. McLister, who runs mortgage comparison website RateSpy.com, says unlike the United States and the United Kingdom, Canada has been slow to adopt technology — whether its using artificial…

Investors are hoarding their biggest piles of cash since the financial crisis — and Bank of America has a surprising take on what that means for the market’s future

Investors are hoarding their biggest piles of cash since the financial crisis — and Bank of America has a surprising take on what that means for the market’s future

An asset class that had been unloved suddenly became all the rage towards the end of last year. Almost in unison, strategists urged investors to beef up their holdings of cash and its equivalents like Treasury bills. There were two main reasons. First, the stock market’s volatility and the outlook for even more gyrations this…

A JPMorgan heavyweight who advises a $1.7 trillion business explains why investors should look outside the US — and pinpoints the markets they should target

A JPMorgan heavyweight who advises a $1.7 trillion business explains why investors should look outside the US — and pinpoints the markets they should target

A top strategist for JPMorgan thinks the US economy could remain the envy of much of the world over the next few years. But when it comes to stocks, he says most other regions will do better. David Kelly, chief global strategist for JPMorgan Asset Management, recently told Business Insider that investors in the US…