Podcasts about peak daily

The Free Lunch gang and Brett Chang from The Peak Daily podcast see how their forecasts from last year fared and make some new calls for the year to come. Thanks for listening, and see you back in the new year. Links: More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe

In this special holiday episode, we're joined by Brett Chang from The Peak Daily to look back at 2022, chat through some of the biggest stories of the year, and make some predictions about what's to come in 2023. Plus: Our reading recommendations from the year. We're back to our regularly scheduled programming next week. See you in the new year!

In exchange for not seeing the sun after work until spring, you're now getting an extra hour of sleep—and the odds are, that's something you desperately need. Unilever, the multinational giant that owns brands like Ben and Jerry's and Dove, is the biggest corporation yet to give a big thumbs up to the four-day workweek. China's president Xi Jinping has gone from having “concerns” over the war in Ukraine to telling Russia to knock it off with the nuclear threats. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Over 55,000 Ontario education workers, including early childhood educators, educational assistants and custodians, are set to walk off the job today. The government served up its annual Fall Economic Statement, including a declining deficit as the main, and risks around Canada entering into a recession as a side. As the world becomes increasingly like a sci-fi novel, new devices are letting the human body do things that once seemed impossible. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The US Federal Reserve raised interest rates by 75 percentage points, bringing its benchmark rate range to 3.75%-4% and effectively making any type of debt (mortgages, credit cards, auto) a little bit pricier. Less than a week into his tenure as “Chief Twit” turned “Twitter Complaint Hotline Operator,” Elon Musk is moving quickly to make his mark on Twitter by revamping its business model. The latest version of the Google wildfire warning system will introduce machine learning models trained on satellite data to improve fire tracking and detection in real-time and better predict how they spread. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The Adidas-Kanye West split meant the death of Yeezy: The immensely popular and influential line of shoes the controversy-mongering rapper designed for the company. That's potentially bad news for the sneaker resale market (projected to be a US$30 billion industry by 2030) and for those touting sweet kicks as a burgeoning asset class. Toronto-based TouchBistro, a software provider for restaurants, is breezing though a market downtown that has left venture capitalists holding their dollars close to their chest. The feds just flicked on a big, bright, buzzing “OPEN” sign with a new three-year immigration plan aimed at getting skilled workers into the country to address the ongoing labour crunch. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

From squashing presidential term limits to picking fights with Taiwan, a lot is going on in China these days... so much so that we almost forgot about the zero-COVID crackdowns. Canadians are starting to feel the economic crunch as the Bank of Canada continues to try and combat inflation that's more stubborn than a toddler before naptime. Italian alcohol giant Campari paid US$600 million for a 75% stake in bourbon-whiskey maker Wilderness Trail to expand its reach in the booming whisky market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

First came “The Great Resignation”. Then there was “quiet quitting” (and the reaction, “quiet firing”). Countless stories about workers checking out from their job over the past year—either literally, or just mentally—painted a bleak picture of the modern workplace, but one that new data suggests bears little relationship to reality. After what felt like thousands of years (but was really just a few months) Elon Musk, finally, officially, and with no-take-backs, owns Twitter... now here comes the fun part. A supercharged US dollar (USD) is beating up weaker global currencies like a schoolyard bully and leaving central banks scrambling to find a solution. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

In the midst of a healthcare workers shortage, Canada's nurses are heading south of the border. From exercising organs to “hacking” menstrual cycles, there's a ton of terrible medical advice on the internet… which is why YouTube is moving to certify channels of licensed professionals like doctors, nurses, or therapists who produce health-related content. Household wealth in Canada dropped by ~$900 billion in Q2 of this year according to RBC economists-the largest quarterly drop on record-driven mainly by a tumbling housing market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The Bank of Canada surprised markets with a smaller-than-expected interest rate hike of 0.5 percentage points yesterday (bringing its policy rate to 3.75%), below the 0.75 percentage point hike most economists had forecast. Deepfakes are growing in popularity with small brands to generate buzzy content featuring celebs without having to shell out endorsement money, per The WSJ. On Monday, NASA's new team dedicated to researching unidentified aerial phenomena (UAPs, formerly known as UFOs) will begin its sci-fi-sounding work. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Remember when Europe faced those “unprecedented risks” to its natural gas supply earlier this month? That was then. Now, the continent is basically swimming in it. Canadian pot grower Canopy (+23.5%) has purchased three pot companies south of the border (Acreage, Wanna, and Jetty's) to form a brand new American business arm. Tech giants Microsoft and Alphabet are kicking off a week packed with earnings, during which investors are sitting tight for indicators about the state of the broader economy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Saudi Arabia's [Future Investment Initiative](https://www.bnnbloomberg.ca/wall-street-is-heading-to-saudi-arabia-as-us-oil-spat-simmers-1.1836247#:~:text=An escalating dispute over an,the US and Saudi Arabia.) (FII) kicks off today, with the who's who of international finance meeting in Riyadh to talk shop, despite the icy chill hanging over Western relations. As Canada Blood Services (CBS) deals with decade-low donation levels, the nation's blood supply administrator hopes paying people to get jabbed will get more veins through the door. About half of Ontario students are not meeting the provincial math standards of a B grade, according to the province's Education Quality and Accountability Office (EQAO). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

If Snap's earnings are any indication of how social media companies are faring right now, the answer is: Not well, not well at all. The G7 price cap on Russian oil imports set to start December 5 has been touted as the biggest step yet in defunding the Russian war machine. But experts aren't so sure. The battle between blue and green bubbles is about to get a whole lot uglier as cars evolve into drivable devices. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

After six weeks in office (the shortest tenure for a British prime minister), Truss was forced to resign in the wake of economic turmoil caused by her disastrous “mini-budget”. In today's normal, nothing-to-see-here news: VIA Rail is adding ‘buffer cars' to its oldest passenger trains to absorb impact in the event of a crash. Tomorrow's draw for the 2023 Women's World Cup will decide the tourney's first-round matches, but what remains undecided is who's going to broadcast them. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

After a rocky year of subscriber losses and investor doubt, Netflix is back with ambitions bigger than a season premiere of Stranger Things. The annual inflation rate slowed to 6.9%, down from 7% last month, mostly thanks to falling gas prices, but is still above what most experts expected. The core inflation rate (which excludes energy and food prices) actually rose to 5.4% from 5.3%. In the global race for top talent, governments are bending over backwards to attract the world's most-desirable ex-pats with fancy new super visas and generous tax incentives. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Friendshoring is on the rise as Western countries start shifting trade to friendly partners to cut dependence on totalitarian regimes, most notably China and Russia. Goldman Sachs, one of the world's most important financial institutions, is restructuring its business to streamline work and improve its digital offerings. Meta is selling Giphy after UK regulators ruled that its ownership of the popular GIF platform restricts consumer choice and hurts competition both in the ad and social media markets. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada's biggest grocer announced it is freezing prices on all of its No Name products (over 1,500 items) until the end of January 2023, per The Globe and Mail. When the NHL kicked off its season last week, fans were quick to notice the addition of digitally enhanced dasherboards (DEDs) on rink boards, with some taking to social media to air their grievances around the “hard-to-watch” animations. There's a new app you need to know about so you don't feel hopelessly out of touch next time you're around teens: It's called Gas, and it's rocketing up the download charts despite only being available in a few US states right now, per The Wall Street Journal. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Embattled British PM Liz Truss made (another) U-turn yesterday, firing her top finance official, Kwasi Kwarteng, and reversing plans to slash corporate taxes. Weather forecasts have always been unreliable (the atmosphere is changing constantly), but as the weather becomes even more unpredictable, sports leagues, airlines, and even militaries are turning to private forecasters. If you're looking to move up the ranks at your company, you might just want to find a new one, according to a new study that found what you do isn't as important as who you do it for. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

US core inflation hit a four-decade high last month, which, to be clear, is the opposite of what Jerome Powell & Friends need to prove their plan to cool the economy and achieve a “soft landing” is working. Canada is famous for many things: Poutine, hockey, ketchup chips—and high, high prices. According to The National Post, Canadians are paying a serious premium for products, including mobile plans, grocery hauls, and some basic services. It's already put a dent in Meta's advertising business, and now TikTok is preparing to take on a bunch of other Western tech giants with a push into music streaming and e-commerce. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada-based Cameco and Brookfield Asset Management's renewables division have buddied up to buy nuclear company Westinghouse Electric for US$7.9 billion amid a global frenzy to find climate-friendly alternatives to Russian energy, per The Wall Street Journal. Meta is betting that companies will pay $1,500 for the company's new Quest Pro virtual reality headset, in its push to bring the metaverse to the corporateverse. Experts believe there are now tens of thousands of skilled immigrants waiting in limbo to get approved for permanent residence visas who may be forced to leave the country when their temporary work permits expire. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Seven months into the Bank of Canada's rate hike spree, some Canadians are already taking to their local parks to protest higher interest rates on their mortgages. Dream job alert: Get paid millions of tax-free dollars to help design a gleaming city of the future from the ground up. There's only one catch: Your employer is the Kingdom of Saudi Arabia, and that city is Neom, the brainchild of Crown Prince Mohammed bin Salman. The world's largest toy company is starting to play in the $1 trillion education business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Hockey Canada has officially lost every last one of its top-tier corporate sponsors after Nike suspended its 23-year partnership with the organization Have you been spending time in the metaverse? No? That makes you, everyone else you know, and even Meta's own employees. Six years after the release of the Panama Papers, it's not clear if the government has collected any tax-evasion-money hidden in Central American offshore accounts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Six companies, including the famous Boston Dynamics (BD), pledged not to weaponize or support the weaponization of their robots, and urged others to follow suit. A nurse, an accountant, and an engineer walk into a province. They all get jobs. That's one of several cheeky ads, paid for by the government of Alberta, taking over Canada's busiest transit stations lately. It's all part of a $2.6M “Alberta is Calling” campaign, which aims to lure skilled workers to the province with affordable housing and high wages. The feds are going to take a long, hard look at Canada's biggest grocers to see if they've been stocking lies and deception alongside meats and produce in their stores. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Starting today, you might see a new surcharge on your receipt when you tap your plastic. Businesses in Canada are now allowed to pass credit card processing fees onto customers. OPEC+, the Middle Eastern energy cartel that accounts for 40% of the world's oil supply, agreed to cut its collective output by 2 million barrels a day or roughly 2% of global output. Wannabe McKinsey consultants and Bay Street executives are starting to realize that in today's red-hot labour market, an MBA might be nothing more than a nice-to-have. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Phil Collins and Genesis no longer have publishing rights to their recordings. But they aren't throwing it all away. They're the most recent musicians to receive a hefty sum for them. HSBC has launched a review into its Canadian business that could end in a US$9B sale, as the bank faces pressure to ditch less profitable markets to focus on Asia and Europe. After all the bot disputes. The whistleblowing. The texts to Joe Rogan. The poop emoji. After all that drama… Elon Musk might actually end up buying Twitter. For realsies this time. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Francois Legault will stay in power as Quebec's premier as his centre-right nationalist CAQ party secured a majority government in a cakewalk. Credit Suisse saw a gauge of its credit risk rise to a record high while its stock hit record lows, raising doubts about its financial stability. From Nike, to Walmart, to Canadian Tire, retailers and brands have more merch than they know what to do with as inventories bulge while consumers cut down on their spending. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada Post has expanded its MyMoney loan program in partnership with TD Bank to locations across Canada, offering loans between $1000 and $30,000, with approval in as little as 10 minutes. Text messages made public as part of Elon Musk's court fight with Twitter (along with being highly entertaining) shed insight into his early motivations for buying the business and show how Silicon Valley heavyweights rallied to his cause. Meta—the parent company of Facebook, Instagram, and WhatsApp—plans to reduce its headcount and cut budgets across most teams. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Google announced at its Search On conference that it's testing updates to Search and Maps that will push its flagship tools in a “visual-forward” direction. An ownership group including NBA superstar LeBron James bought a professional pickleball team that will join Major League Pickleball (MLP) for its upcoming season. Russia will annex four regions in Ukraine today after tightly controlled “referendums” that Kremlin officials claim resulted in 99% of locals voting to join Russia Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Employers have come up with a novel idea to retain and sustain their workforce during these trying times. You may have heard of it. It's called ‘paying people more.' IT giant Cloudflare introduced a new breed of CAPTCHA test called Turnstile that promises to reduce the average test time from 32 seconds to one second. A new drug slowed the rate of cognitive decline in Alzheimer's patients in large-scale clinical trials, according to its developers Biogen and Eisai. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Vancouver-based International Battery Metals claims to have developed a first-of-its-kind mobile lithium mining plant that can extract and process lithium with minimal environmental impact. There's buyer's remorse over that late-night Amazon purchase, and then there's real buyer's remorse (to the tune of $1 trillion)—the latter is what China is experiencing right now as it tries to salvage its troubled Belt and Road infrastructure initiative. Sweden reported two leaks in the Nord Stream 1 pipeline close to the Danish island of Bornholm, mere hours after Denmark reported a separate leak in the Nord Stream 2 pipeline in the same area. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The International Telecommunications Union (ITU), the UN body responsible for setting global communications standards, will elect its new leader this week—a decision that could shape the future of the internet. The British economy is experiencing some serious turbulence—or an omnishambles, they might say across the pond—as investors give a big thumbs down to the UK government's new fiscal plan. Sales of plant-based meats have declined over the past year while negative perceptions of the product have increased, per a new Deloite report. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Russia's decision to mobilize military reserves for the first time since WWII has triggered a crisis, as protests erupt and men flee to neighbouring countries. Block is rolling out out BNPL options on its point-of-sale platform, Square. Canada has joined a new US-led alliance aimed at strengthening ties with Indo-Pacific nations—which include Australia, New Zealand, and dozens of Asian countries bordering the Pacific Ocean, although notably not China or Taiwan. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada Jetlines flew its inaugural flight yesterday carrying passengers from Toronto Pearson to Calgary International Airport. The unexpected casualty of Quebec's new language laws: OtterBoxes. For our last story, Forget maple syrup and Tim's franchises, the two Canadian exports everyone is clamouring for are critical minerals and natural gas. South Korea is the latest country to express interest. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Congratulations to anyone with a US bank account, because the currency is on a tear. Meet Flippy, Sippy, and Chippy. No, they aren't knockoff versions of Snap, Crackle, and Pop. They're a trio of service robots, and they could soon be preparing your fast food order. TikTok is banning accounts for politicians, parties, and governments from asking for donations and from using monetary features like tipping, gifting, and e-commerce. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canadian consumer prices fell 0.3% last month, the biggest monthly drop in two years. Spotify launched its long-awaited audiobooks feature in the US and will eventually roll it out in all of its markets as it strives to become the one-stop-shop for everything audio. Russian-installed leaders in the occupied Eastern Ukrainian provinces of Luhansk, Donetsk, Kherson, and Zaporizhzhia have announced planned referendums on joining Russia. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Toronto-based video site Rumble, which bills itself as a free speech alternative to sites like YouTube, went public after a successful SPAC merger valuing the company at US$2 billion. While Ukraine's war efforts have garnered positive results in recent weeks, its economic prospects are looking increasingly bleak as it continues to seek outside help. Porsche, owned by Volkswagen Group, will debut on the Frankfurt Stock Exchange later this month, selling ~25% of its shares with hopes of fetching a valuation of US$75 billion. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

If you've been on the internet this week, there's a good chance you already know that the Michelin guide awarded its first Canadian stars to 13 restaurants. Offices are back up and running, but employers are having trouble actually filling them with employees… who remain perfectly fine at home thank you very much. Uber confirmed its internal systems suffered a breach perpetrated by someone alleging to be an 18-year-old. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Patagonia founder Yvon Chouinard, along with his family, gave away control of the ~US$3 billion company to a trust and a nonprofit organization tackling environmental issues. Adobe agreed to buy design software company Figma for US$20 billion in what will be the largest acquisition ever of a private software company if it gets approved. Walmart has launched its Be Your Own Model tool, which uses a user's full-body photo to simulate the dressing room experience with Walmart fashion finds. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Ethereum, a blockchain platform supporting over 50% of the total value of the decentralized finance industry, is shifting to a less energy-intensive way of validating transactions. Shopify restaffed most of its leadership team during the pandemic, and now the top brass of what was once Canada's most valuable company isn't looking very Canadian. European energy executives are doing a little too well these days. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 As we await the start of Twitter v. Elon Musk (October 17 if you want to mark your calendar) the final pieces are falling into place for the tech trial of the century. The federal government gave small businesses $49 billion in pandemic loans but forgot one crucial part of doling out tonnes of cash: A plan to get it back. Higher-than-expected US inflation numbers have cleared the runway for the Federal Reserve to deliver another big rate hike—a realization that has sent markets into shock. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

In 2021, 50 million people across the globe were in some form of modern slavery, including 28 million working under forced labour conditions, per a new UN report. If you're kicking yourself over a bad stock pick recently, we're here to tell you that even the safest investments are losing money this year. That's right, a key index tracking global bonds has dropped 16.8% since January. Climate Proof, a coalition led by the Insurance Bureau of Canada, published an open letter calling the federal government's new climate goals ‘‘vague and distant”. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada's unemployment rate is up for the first time in seven months, which means that high interest rates have (done what they do best and) thrown cold water on the red hot labour market. The US Justice Department (DOJ) is accusing Google of paying companies billions each year to remain the default search engine on browsers, illegally. Office of the Superintendent of Financial Institutions (OSFI), which oversees federal mortgage rules, confirmed it will not loosen its borrowing requirements, per Bloomberg. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The federal government announced a new three-pronged plan to introduce temporary relief measures aimed at helping low-income Canadians beat back inflation pains. Speaking of the wealthy doing more than their fair share of spending, the superyacht rental business is booming as the well-to-do want to hit the high seas in luxury and comfort. Corporate swag bags may soon become an ancient relic of the past, disappearing with memories of money flowing freely through corporate America's expense accounts. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

As expected, the BoC delivered another oversized rate hike, bumping the overnight interest rates up to 3.25% from 2.50% (or 75 basis points, if you're fancy like that). Apple held its latest product launch event, dubbed Far Out, yesterday, announcing a range of new goodies including the iPhone 14 and the Apple Watch Ultra. Freaked-out investors are pouring money into the US while pulling out of international stocks at a rate not seen since a 22-week run of outflows in 2019, per the WSJ. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Record-high natural gas prices are climbing higher, sending inflation soaring across the region. According to the European Commission (EC), fixing prices could be an answer. Despite a year full of big electric vehicle (EV) announcements, Canada has fallen further behind its global peers in the race to electrify the roadways. Canada is the worst-performing G7 nation for reducing corporate sector carbon emissions, per a new study from CDP and Oliver Wyman. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

G7 nations have agreed to impose a cap on the price of Russian oil imports, despite Russian threats to cut off cold turkey any country that tries to mess with its energy business. The pumpkin spice latte isn't the only hot arrival at Starbucks this fall. The company is bringing in a new CEO to oversee grand ambitions to modernize its espresso-slinging business. If you're planning to buy an iPad any time soon, you may want to act fast. The Chinese manufacturing hub of Chengdu (where most of Apple's tablets are made) is locking down to contain a COVID outbreak, threatening to disrupt supply chains around the world. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The US is blocking chipmaker Nvidia from selling some of its advanced products to China, according to the company's latest filing with the Securities and Exchange Commission. Disney is exploring the creation of an Amazon Prime-like membership, per The Wall Street Journal. A new study from environmental advocacy group Environmental Defence that tested items from Canadian dollar stores found that 25% of them included toxic chemicals like lead, cadmium, and antimony. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

After a solid two-year run, the Canadian economy might be finally slowing down, growing at an annualzed rate of 3.3% in the second quarter (missing the Bank of Canada's 4% forecast). In its first three months of operation, iGaming Ontario (IGO) reported over $4 billion in cash wagers placed resulting in net revenue of $162 million split between operators, gaming sites, and the province. Donald Trump's free-speech-centric Twitter alternative Truth Social has run into financial, legal, and technical issues, which honestly, is about what we expected. The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jagmeet Singh's Chief of Staff Jennifer Howard was in the room during negotiations for the Liberal-NDP supply and confidence agreement. She breaks down how politicians can work together, even if looks like they hate each other on TV. Further Reading:“Going Inside the Room: How the Liberal-NDP Confidence Deal Happened”https://www.nationalobserver.com/2022/03/24/news/going-inside-room-how-liberal-ndp-confidence-deal-happenedSponsors: FreshBooks, The Peak Daily, Ground NewsIf you listen on Apple, subscribe to Canadaland Politics for $2.99/month for ad-free episodes of The Backbench, Wag the Doug and COMMONS:https://apple.co/3wjxaRW See acast.com/privacy for privacy and opt-out information.

The Peak Daily is a business news podcast that gives you all the news you need to know from Canada and around the world in under 10 minutes every day. We wanted to drop in and give you a sample of what you'll hear every day on the show. You can subscribe to the Peak Daily podcast for free wherever you're listening to this podcast right now. Check it out and we hope you enjoy it. https://curiouscast.ca/podcast/the-peak-daily/ See omnystudio.com/listener for privacy information.