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Canada’s big banks end their fiscal 2019 grappling with the new ‘normal’: lower profits and higher loan-loss provisions

A new “normal” appears to be setting in for Canada’s biggest banks that is driving up the amount of money they need to put away for bad loans — and helping to put a dent in their bottom lines.The change in credit conditions was on display in the latest round of quarterly results, which wrapped…

What to Watch (and Skip) in Theaters and on Amazon Prime This Weekend

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Unsecured phone lines are ‘so easy to hack it’s scary,’ experts say – Business Insider

President Donald Trump talks on the phone aboard Air Force One during a flight to Philadelphia, Pennsylvania, to address a joint gathering of House and Senate Republicans on January 26, 2017. White House President Donald Trump reportedly uses unsecured phones for White House business, rather than encrypted phone services intended for top government officials, according…

Chinese government to replace foreign hardware and software within three years

Beijing officials have ordered all government offices and public institutions to replace foreign hardware and software with Chinese alternatives within the next three years.The mass replacement process was detailed in a government directive issued to public institutions earlier this spring.The directive is internally known as "3-5-2" based on the percentage targets the Chinese Communist Party…

China tells government offices to remove all foreign computer equipment

Directive is likely to be a blow to US multinational companies like HP, Dell and Microsoft Chinese president Xi Jinping has ordered that all foreign hardware be removed from government offices and agencies. Photograph: Pool/Getty Images China has ordered that all foreign computer equipment and software be removed from government offices and public institutions within…

Across America, DMVs make millions selling your license data to private eyes –

It's not just Florida: Motherboard sent public records requests to DMVs across America and found that they were routinely selling off access to drivers' license databases to some of the sweatiest, sketchiest companies and individuals, on the cheap, and doing so much of it that they're making millions (California's DMV makes $50m/year selling off driver's…

William Watson: Private health care is OK, but we don’t like to pay

The Montreal Economic Institute has just published the results of a Nov. 22-25 web survey of 1,527 Canadians on the subject of health care that it had Léger Marketing do. Léger weighted the data according to gender, age, region, mother tongue, education and presence of children in the household to be representative of Canada’s population…

Trump told Jewish voters they’d vote for him to avoid a wealth tax – Business Insider

In a speech at a pro-Israel conference, President Donald Trump said Jewish voters should vote for him because they would "be out of business in about 15 minutes" otherwise.He also said that some Jewish people "don't love Israel enough."The crowd at the Israeli American Council national summit responded enthusiastically, chanting "four more years" and "12…

Jeff Bezos: US is in ‘big trouble’ if Big Tech rejects military contracts

Bezos likewise made it clear that Amazon would continue to fight for more military business even after the Pentagon spurned it in favor of Microsoft for the JEDI contract. "We are going to support the Department of Defense, this country is important," he said.The tech pioneer isn't uniformly supportive of the government, and Amazon has…
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