From bnnbloomberg.ca
Thomas Kurtz, Co-Creator of Computer Language Basic, Dies at 96
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Thomas E. Kurtz, a Dartmouth College professor who co-created the novice-friendly computer code known as Basic during the 1960s and helped make it the industry standard for programmers during the rise of personal computing, has died. He was 96.
#basic #programming #computerhistory
on Fri, 11AM
From bnnbloomberg.ca
Public ambush sends alert to $169 billion Alberta pension: Government’s in charge
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“To restore confidence in the agency, Alberta’s government has decided to reset the investment corporation’s focus with a new CEO and board,” the government of Alberta said in a statement.
on Sat, 3AM
From bnnbloomberg.ca
Canadian home sales post ‘October surprise’ as buyers flood back
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Canadian home sales rose to their highest level in more than two years as a string of interest rate cuts by the central bank started to draw buyers back to the market.
on Sat, 1AM
From bnnbloomberg.ca
Macron Warns EU Is Hurtling Toward Tariff War With US, China
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Emmanuel Macron warned that Europe risks getting divided by Donald Trump’s economic policy and being thrown into a simultaneous trade war with Washington and Beijing.
on Wed, 10PM
From bnnbloomberg.ca
Gamblers Pay 400% Loan Rates to Fund Betting Frenzy in Brazil
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The boom shocked policy makers who are now scrambling to control it
on Wed, 4PM
From bnnbloomberg.ca
New German Finance Chief Slams UniCredit’s Commerzbank Approach
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Germany’s new finance minister used his first public speech since taking office to voice sharp criticism of the tactics UniCredit SpA used in building a major stake in Commerzbank AG.
on Wed, 10AM
From bnnbloomberg.ca
Germany’s Largest Union Agrees Key Pay Deal for Metal Workers
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Germany’s biggest labor union struck a key wage agreement with employers that may raise pay for about 3.9 million workers and avert strikes in the country’s beleaguered manufacturing sector.
on Wed, 8AM
From bnnbloomberg.ca
GDP Revisions Show Canada’s Economy Growing at Faster Pace
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Canada’s economy grew at a faster pace than initially estimated over the last three years, according to annual revisions by the country’s statistics agency.
on Wed, 5AM
From bnnbloomberg.ca
Former Canadian prime minister Harper eyed as Alberta pension chairman
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Alberta’s government has considered hiring former Canadian Prime Minister Stephen Harper to oversee its public pension fund manager, which is without a permanent board after all of its directors were fired last week, according to people familiar with the matter.
on Tue, 9PM
From bnnbloomberg.ca
Global GDP Seen Taking Much Bigger Climate Hit Than First Feared
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The economic cost of climate change will likely be much more severe than previously feared, as fresh data informs models used to predict the most probable outcomes.
on Tue, 9AM
From bnnbloomberg.ca
How much does Canada owe in climate aid? A trillion-dollar question headlines COP29
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This year’s international climate talks are expected to be headlined by fraught negotiations over how Canada and other wealthy countries, who have contributed a disproportionate share of planet-warming emissions, should financially compensate other nations in their fight to tackle climate change.
on Mon, 7PM
From bnnbloomberg.ca
European Power Prices Surge as Costly Gas Plugs Wind Deficit
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Power prices across Europe soared as a slump in wind generation forced nations to fall back on fossil fuels.
on Mon, 12PM
From bnnbloomberg.ca
Ottawa orders TikTok’s Canadian arm to be dissolved
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The government says it’s ordering the dissolution of TikTok Technology Canada, the Canadian arm of the app’s owner ByteDance, after a national security review.
on Nov 7
From bnnbloomberg.ca
Canada Arrests Man Suspected of Hacks of Snowflake Customers
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Canadian authorities have arrested a man suspected of being behind a string of hacks involving as many as 165 customers of Snowflake Inc., according to people familiar with the matter.
on Nov 5
From bnnbloomberg.ca
Corus Entertainment Taps Jefferies to Explore Potential Sale
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Canadian television company Corus Entertainment Inc. is working with Jefferies Financial Group to explore a sale of its business, according to people with knowledge of the situation.
on Nov 4
From bnnbloomberg.ca
Brazil Analysts See Higher Interest Rates Through 2027
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Brazil analysts lifted their estimates for the benchmark interest rate between 2025 and 2027 as investors worry about President Luiz Inacio Lula da Silva’s commitment to fiscal discipline.
on Nov 4
From bnnbloomberg.ca
Israel 2025 Budget Allocates More for Military, Less for Growth
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The Israeli cabinet approved the 2025 budget to pave the way for rising defense spending and higher taxes, reflecting a profound shift in priorities since the start of the war with Hamas just over a year ago.
on Nov 2
From bnnbloomberg.ca
Tech Giants Are Set to Spend $200 Billion This Year Chasing AI
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Three months ago, Wall Street punished the world’s largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results that failed to justify the costs.
on Nov 1
From bnnbloomberg.ca
Mauritius Suspends Social-Media Access on Cyber-Terrorism Risks
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Mauritius directed telecommunications companies to suspend access to social-media platforms until a day after national elections set for Nov. 10, citing national-security concerns.
on Nov 1
From bnnbloomberg.ca
AI will get better than humans at cyber offence by 2030: Hinton Lectures speaker
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Artificial intelligence will be able to beat humans at cyber offence by the end of the decade, predicted the keynote speaker at a series of lectures hosted by computer science luminary Geoffrey Hinton this week.
on Oct 31
From bnnbloomberg.ca
Brazil’s Government Moves Closer to Spending Cut Agreement
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Brazil’s Finance Minister Fernando Haddad has won over one of the government’s biggest critics of spending cuts, moving closer to approving an austerity plan designed to assuage investor concerns about the country’s fiscal outlook.
on Oct 30
From bnnbloomberg.ca
Brazil Real Slides on Uncertainty Over Size of Spending Cuts
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Brazil’s real extended losses after Finance Minister Fernando Haddad refused to confirm the amount of spending cuts the government is considering, saying he didn’t know where numbers reported by local newspapers had come from.
on Oct 30
From bnnbloomberg.ca
School Bans of Crocs Threaten Dominance of Kids’ Favorite Shoes
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The company says its footwear are an all-day, everyday shoe, but schools increasingly disagree.
on Oct 29
From bnnbloomberg.ca
Brazil Economists See Inflation Soaring Past Tolerance Range
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Brazil analysts lifted their 2024 inflation expectations for the fourth straight week and now expect consumer prices to rise above the tolerance range as investors dial up concerns over public spending.
on Oct 28
From bnnbloomberg.ca
Google to Preview AI That Takes Over PCs, Information Says
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Alphabet Inc.’s Google plans to preview artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, the Information reported.
on Oct 26
From bnnbloomberg.ca
One of the World’s Most Successful Political Parties Is in Trouble in Japan
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Japan’s LDP is at risk of losing its majority in parliament
on Oct 25
From bnnbloomberg.ca
BHP, Vale Reach $30 Billion Brazil Settlement Over Dam Disaster
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Brazil has agreed to accept a 170 billion-real ($29.9 billion) settlement for a 2015 mining disaster at Vale SA and BHP Group’s iron-ore joint venture.
on Oct 25
From bnnbloomberg.ca
Meta, Google, TikTok Must Face Schools’ Addiction Claims
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Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming their “addictive” apps for contributing to a mental health crisis among students.
on Oct 25
From bnnbloomberg.ca
Google’s Anthropic AI Investment Gets Formal UK Merger Probe
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Google’s partnership with AI firm Anthropic is at risk of being derailed in the UK after the competition watchdog called for further investigation into the pact’s potential impact.
on Oct 24
From bnnbloomberg.ca
Arm to Scrap Qualcomm Chip Design License in Feud Escalation
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Arm Holdings Plc is canceling a license that allowed longtime partner Qualcomm Inc. to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.
on Oct 23
From bnnbloomberg.ca
Brazil Should Join China’s Belt and Road Initiative, Agriculture Chief Says
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Agriculture Minister Carlos Favaro said Brazil should join China’s Belt and Road Initiative to counter increasing protectionism from the US and European Union, an idea that has divided President Luiz Inacio Lula da Silva’s government as it seeks to attract new investment to Latin America’s...
on Oct 23
From bnnbloomberg.ca
Russia Found to Use North Korea Missiles With Western Parts
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Ukrainian researchers say they’ve discovered components produced by western companies in North Korean missiles Russia used to attack the country, highlighting the need to enforce export controls.
on Oct 22
From bnnbloomberg.ca
Sam’s Club Executive to Exit Due to Walmart Relocation Policy
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The top technology executive at Sam’s Club, Walmart Inc.’s club chain, is leaving the company due to a policy requiring thousands of corporate employees to relocate to headquarters in Arkansas, people familiar with the matter said.
on Oct 22
From bnnbloomberg.ca
Brazil Analysts Raise Interest Rate Forecast for Second Straight Week
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Brazil analysts raised their 2025 year-end interest rate forecasts for the second straight week as the inflation outlook worsens and investors question the government’s pledges for fiscal balance.
on Oct 21
From bnnbloomberg.ca
Moldova Approve EU Membership Path With Razor-Thin Margin
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Moldova voted in favor of joining the European Union by a slim margin as the former Soviet republic sought to break the Kremlin’s decades-long grip.
on Oct 21
From bnnbloomberg.ca
Biggest Companies to Help Resolve South African Water Crisis
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South Africa’s biggest companies are exploring widening a partnership with the government to help resolve a water crisis that’s threatening to leave the nation’s commercial hub dry.
on Oct 19
From bnnbloomberg.ca
Trump Social Media Investor Gets Prison for Insider Trading
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An investor in the company that took Donald Trump’s social media startup public will serve 22 months for trading on confidential information about the firm’s merger plans before the deal was announced.
on Oct 18
From bnnbloomberg.ca
Bearish Rate Bets Hand Win to Brazil’s Battered Hedge Funds
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Pessimism with domestic assets earned Brazilian hedge funds a rare win in September.
on Oct 17
From bnnbloomberg.ca
Taps May Soon Run Dry in South African Cities Housing 12 Million
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South Africa’s Gauteng province, home to the capital of Pretoria and commercial hub of Johannesburg, is on the brink of a water crisis as reservoir levels drop to critical lows amid ongoing heat-wave conditions.
on Oct 17
From bnnbloomberg.ca
Apple’s Dan Riccio, Key Executive in Both the Jobs and Cook Eras, to Retire
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Apple Inc.’s Dan Riccio, who oversaw the company’s push into mixed-reality headsets and previously served as its hardware engineering chief, is retiring.
on Oct 10
From bnnbloomberg.ca
Private-Credit Firm Raises Brazil Distressed Fund as Defaults Surge
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Root Capital, a Rio de Janeiro-based firm specializing in credit, is launching a distressed-debt fund as filings for bankruptcy protection reach record highs in Brazil.
on Oct 8
From bnnbloomberg.ca
Bolsonaro-Backed Candidates Pull Ahead in Brazil Elections
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Candidates backed by Jair Bolsonaro are pulling ahead in municipal elections that are considered a barometer of political sentiment in Brazil, two years before a presidential vote in which Luiz Inacio Lula da Silva will likely seek another term.
on Oct 7
From bnnbloomberg.ca
Orange Juice Futures Rise as Hurricane Milton Nears Landfall
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Coffee and soybean futures dropped on growing optimism that Brazil could see some much needed rains over the next two weeks.
on Oct 7
From bnnbloomberg.ca
Congress Urged to Boost Funding for US Labor Survey
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A group led by former Bureau of Labor Statistics officials is urging Congress to provide an additional $20 million for the agency to bolster a critical labor-market survey they say is “on budgetary life support.”
on Oct 7
From bnnbloomberg.ca
AI Boom Is Driving a Surprise Resurgence of US Gas-Fired Power
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New gas plants just keep on coming, defying expectations that their rapid growth was nearing an end.
on Oct 7
From bnnbloomberg.ca
Sao Paulo Mayor Race Tests Bolsonaro’s Grip on the Brazilian Right
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An insurgent candidate is splitting the Brazilian right ahead of Sunday municipal elections, testing Jair Bolsonaro’s grip on the rabid movement he has sought to lead even after losing the presidency two years ago.
on Oct 5
From bnnbloomberg.ca
Online Dating Caused a Rise in US Income Inequality, Research Paper Shows
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Online dating may be partially to blame for an increase in income inequality in the US in recent decades, according to a research paper.
on Oct 5
From bnnbloomberg.ca
New Solar to Meet Most of Europe’s Power Demand Growth in Winter
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The increase in European solar capacity is now so strong that even during the winter the technology will satisfy most of the growth in electricity demand.
on Oct 5
From bnnbloomberg.ca
Brazil Seen Importing Most Diesel in Two Years as Economy Gains
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Brazil is expected to import the most diesel in two years this month as farmers harvest the corn crop and the country’s resilient economy supports demand from truckers.
on Oct 4
From bnnbloomberg.ca
EU Must Be Able to Fight Russia, Says Next Defense Commissioner
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The European Union’s nominee to be its first-ever defense commissioner said the bloc must scale up its military capabilities for a possible confrontation with Russia that could be as few as six years away.
on Oct 4