small business news

Rivian stock tanks as it announces $1.3B ‘green bond’ offering [Video]

Rivian (RIVN) shares are sliding today as the EV-maker announced plans for a “green” debt offering.

Rivian says it intends to sell $1.3 billion worth of “green” convertible senior notes due in 2029, with the option to grant an additional $200 million worth of convertible notes to the original purchasers.

In line with Rivian’s ethos as a company (it’s a Climate Pledge signatory and was the first to say it won’t use deep-sea mining for batteries), it intends to use the capital it raises for “green” or environmental purposes.

“Rivian intends to use the net proceeds from the offering to

…

Nike sues Lululemon over alleged footwear patent infringement – Business News

Nike sues Lululemon

Glen Korstrom / Business in Vancouver – | Stories: 409129

Multiple media outlets are reporting that global sportswear giant Nike Inc. (NYSE:NKE) is again suing Vancouver-based leisurewear retailer Lululemon (Nasdaq:LULU) for alleged patent infringements.

Reuters reported that Nike today filed documents in Manhattan federal court that said it has suffered economic harm and irreparable injury from Lululemon’s sale of its Blissfeel, Chargefeel Low, Chargefeel Mid and Strongfeel footwear.

Nike has not yet released

…

A shortage of pilots is making travel chaos in Canada even worse

From pandemic-related travel restrictions to extreme weather events, Canada’s travel industry has navigated an unprecedented amount of uncertainty of late. And now, just as demand for travel has returned to its 2019 level, airlines are navigating their next patch of turbulence: a lack of qualified pilots.

According to Transport Canada, in a typical pre-pandemic year, roughly 1,100 pilot licenses were issued. When complemented by foreign-trained pilots, that was generally more than enough to satisfy the needs of carriers as large as WestJet and Air Canada, all the way down to regional, charter and cargo airlines.

But as demand for flying

…

Estate Planning Mistakes to Avoid in the New Year

As we come to the end of the year and are looking toward a new year, we recommend that our clients reevaluate their estate plans.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

Estate plans are incredibly important to protect future wishes, assets and families.

Often, we see the same mistakes repeated over and over in estate planning. Some of the most common estate planning mistakes are the following:

  1. Not having an estate plan. The biggest issue we
…

Recession in Canada anticipated by most companies: BoC

OTTAWA –

Most shoppers and companies suppose Canada will enter a recession, based on new surveys from the Financial institution of Canada, however companies anticipate upward stress on costs and wages to ease whereas shoppers are nonetheless pessimistic about inflation within the brief run.

The third-quarter enterprise outlook and shopper expectations surveys, launched Monday, confirmed shoppers have turn out to be extra pessimistic about inflation over the following one to 2 years, whereas enterprise expectations for inflation have eased.

With inflation effectively above the financial institution’s two per cent goal, the central financial institution is monitoring how inflation expectations develop

…

How To Replace Your Compliance Threat Evaluation

Compliance Threat Assessments are critically necessary in healthcare practices. When utilized accurately, they’ll save entities from fines, issues, and penalties.

We will help you keep on high of the most recent information that impacts your on a regular basis life. Subscribe to remain updated. (To subscribe to our weblog ).

Whereas nearly everyone seems to be accustomed to a HIPAA Threat Evaluation, many practices haven’t accomplished a full Compliance Threat Evaluation.

A Compliance Threat Evaluation is a course of for healthcare entities to find out what dangers exist, consider potential dangers and focus assets to deal

…

Some dangers too huge: Insurers withdraw from fossil tasks – Enterprise Information

Insurance coverage corporations which have lengthy stated they will cowl something, on the proper value, are rising ruling out fossil gas tasks due to local weather change — to cheers from environmental campaigners.

Greater than a dozen teams that observe what insurance policies insurers have on high-emissions actions say the trade is popping its again on oil, gasoline and coal.

The alliance, Insure Our Future, stated Wednesday that 62% of reinsurance corporations — which assist different insurers unfold their dangers — have plans to cease protecting coal tasks, whereas 38% are actually excluding some oil and pure gasoline

…

Protests in Iran over lady’s loss of life attain key oil trade – Enterprise Information

Employees on the website of a significant complicated of refineries essential for Iran’s huge offshore pure fuel area protested Monday over the loss of life of a 22-year-old lady, on-line movies appeared to point out.

The demonstrations at Asaluyeh mark the primary time the unrest surrounding the loss of life of Mahsa Amini threatened the coffers of Iran’s long-sanctioned theocratic authorities — its oil and fuel trade.

Whereas it stays unclear if different employees will observe, the protests come as demonstrations rage on in cities, cities and villages throughout Iran over the Sept. 16 loss

…