News & Events

This section is PresentedThis section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Breadcrumb Trail LinksWorkNewsStephen Friedman: The modern workplace is unpredictable and deeply interconnected, making some tried-and-true leadership practices obsoletePublished Feb 21, 2024  •  Last updated 3 hours ago  •  3 minute read Employees of all kinds have reported feeling less safe and secure at work, posing a significant challenge to leaders. Photo by Getty Images/iStockphotoArticle contentThe conflict in the Middle East has sparked debate and stoked tensions across the country.As those high emotions spill over into the workplace, they can disrupt careers, damage professiona...

VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) — The British Columbia government’s per-person spending in 2022/23, the latest year of available data, was nearly 20 per cent higher than in 2019/20, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “It’s difficult to overstate how much the B.C. government has changed course from nearly two decades of restrained spending to record-high spending levels as measured by per-person spending adjusted for inflation,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of British Columbia’s Current Spending Peak: Highest in History, Highest Growth in Canada. B.C. government spending (in 2022/23) reached its highest point ever on a per-person basis ($...

Eight months ago, Geoffrey Hinton, the esteemed professor emeritus at the University of Toronto who resigned his post at Google over concerns about artificial intelligence (AI) advances, stated in a speech at Collision 2023 that the world is “entering a period of huge uncertainty.” When he speaks, people listen, due in large part to the fact Hinton, along with Yoshua Bengio and Yann Andre LeCun, won the coveted Turing Award in 2018, an honour that resulted in the three computer scientists being known from that point on as the “Godfathers of AI.” In recognizing the trio, the Association for Computer Machinery (ACM), which awards the annual prize, noted at the time, “working independently and together, Hinton, LeCun and Bengio developed conceptual foundations for the field, identified surpri...

The NumbersWalmart said its comparable store sales were up 4 percent in the three months that ended in late January compared with the year before. The number of transactions at Walmart rose 4.3 percent, but the average ticket price slightly decreased 0.3 percent, a sign that shoppers spent a little less on shopping trips. The retailer’s online U.S. sales increased 17 percent, and its online global sales jumped 23 percent, surpassing $100 billion. Losses for the e-commerce business were slowing as the company spent less on fulfillment costs, John David Rainey, Walmart’s chief financial officer, said in an interview. He added that more customers were using Walmart’s delivery services, helping to reduce costs.“Instead of a Walmart delivery being delivered to one house on a cul-de-sac, now we’...

Renters are more likely to report a lower quality of life than homeowners, especially in Vancouver and Toronto, according to survey results over the last few years from Statistics Canada.In 2021 and 2022, renters were over 15 percentage points more likely to report difficulty meeting financial needs and over 11 percentage points less likely to report high overall life satisfaction compared to homeowners, noted Statistics Canada in The Daily on Monday.Those who rent were also more likely to report feelings of loneliness, and less likely to report a strong sense of belonging to their community.The report also says younger Canadians surveyed in 2023 were less likely to report "high overall life satisfaction" and "excellent or good mental health" compared with older Canadians 55 and up. Canadi...

In the fall of 2022, two top Biden administration officials met in New York with a key European diplomat. Over dinner outdoors, they strategized about how best to throttle Russia’s oil revenues in retaliation for its invasion of Ukraine.Near the end of what had been a collegial meal, the European official, Bjoern Seibert, dropped a bombshell on his hosts, Mike Pyle of the National Security Council and Wally Adeyemo, the deputy Treasury secretary. Europe, Mr. Seibert said, had big problems with President Biden’s sweeping new climate law.Mr. Seibert, the head of cabinet for the president of the European Commission, said top officials among European Union member states feared Mr. Biden was trying to drive a competitive wedge between their countries and the United States, by lavishing subsidie...

Tech billionaire Elon Musk recently explained in an X post why he declined shares in OpenAI, the artificial intelligence research company he co-founded in 2015.Responding to a question about his founding donation, Musk raised concerns about the company's legal structure. "It isn't clear to me how the OpenAI structure is legal at all. I was offered shares a various points, but it seemed unethical/illegal to accept them," Musk wrote.It isn’t clear to me how the OpenAI structure is legal at all. I was offered shares a various points, but it seemed unethical/illegal to accept them.— Elon Musk (@elonmusk) February 18, 2024 However, he remained mum on details regarding the exact timing, number, and source of the offered shares. OpenAI's valuation reportedly skyrocketed this month, reaching $80 (...