The Peak Daily

The Peak / Curiouscast
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Apr 12, 2023 • 9min

Review hijack 🛍️ — Interest rates are looking down. Big fine for review hijacking. And return to office incentives.

High interest rates are hurting wallets, but there may be an end in sight.Supplement-maker The Bountiful Company will pay a US$600,000 fine to the US Federal Trade Commission (FTC) in a first-of-its-kind ruling against “review hijacking” on Amazon.Companies across the country are trotting out all sorts of new incentives to entice workers to trade in their sweatpants and mid-day naps for office life, per The Globe and Mail.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 11, 2023 • 7min

Sleep deals 💤 — Sleep Country makes another deal. And the courts are looking to scrap Mr. Big.

If you thought tax season couldn’t get any more stressful, the people responsible for getting your returns back are out of office for the foreseeable future.While you were counting sheep, Sleep Country has been busy counting dollars.Something called “The Mr. Big” tactic has a 95% success rate in jailing criminals, but critics want it banned.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 10, 2023 • 9min

Infested mansion 🏠— Apple moves some manufacturing to India. 24 Sussex is in trouble. And Google can’t fire Germans.

Apple’s first-ever retail store in India is set to open any day now, but that’s hardly the only move the biggest tech giant is making into the world’s fastest-growing major economy.When 24 Sussex Drive, the Prime Minister’s official residence since 1951, was shut down over health concerns last year, we thought, “How bad could things possibly be?”The answer: mountains of dead rodents bad.Europe’s strict labour laws are slowing down the international leg of the tech layoff tour.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 6, 2023 • 9min

The Big Short 💸— Investors are betting against TD. Friendshoring has challenges. And new doctor rules.

Don’t freak out, but global investors are staking a lot of money on one of Canada’s biggest banks hitting some seriously choppy waters.To paraphrase The Beatles, we can always get by with a little help from our friends… but maybe we shouldn’t rely on them too much.It will soon be easier than ever for Ontarians to find a doctor with a charming accent.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 5, 2023 • 9min

Quiet cities 🏢 — Finland is in NATO. Twitter is pushing pay-to-play. And Canadian downtown cores are quiet.

The happiest people on earth have joined the West’s most important military alliance.Today in news we wish was an April Fool’s joke, Twitter is **all in on pay-to-play.Canada’s downtown cores aren’t quite ghost towns, but their office buildings are eerily quiet.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 4, 2023 • 9min

Fighting acquisition 🥊 — WWE is bought. A Canadian astronaut is going to space. And Aritzia has a new law suit.

Hot off of WrestleMania, the world’s largest pro wrestling promotion is linking up with the world’s biggest mixed martial arts brand to bodyslam their way to bigger broadcast deals.For Ontario’s Jeremy Hansen, the sky is not the limit. NASA is sending him to [deep space](https://exploredeepspace.com/deep-space-mission-3/what-is-deep-space/#:~:text=Deep space%3A Beyond the Moon,Earth is 3%2C100%2C000 miles away.).Canadian clothier Aritzia is having a moment in the sun, but some clouds are coming in the form of a copyright infringement lawsuit against its viral storefront sculptures.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Apr 3, 2023 • 8min

Mobile deal finalized 📱 — Rogers-Shaw is over. Sea-Doos and Ski-Doos are still popular. And there’s a subsidy war brewing.

The federal government approved Rogers’ ~$26 billion takeover of Telus, and slapped down 21 conditions to ensure the deal benefits Canadians.Bombardier Recreational Products (BRP) reported over $3 billion in revenue last quarter, breaking its record set in the previous quarter of $2.7 billion.Minister of Natural Resources Jonathan Wilkinson warned of a brewing “subsidy war” between the US and its allies in the clean energy space.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 31, 2023 • 9min

Loan sharks 🦈 — AI is taking jobs. China bails out countries. And loan sharks get new rules.

We’ve got good news and bad news. Good news: Advances in artificial intelligence (AI) promise to boost productivity and global GDP! Bad news: it could cost you your job.Think bailing out banks seems tricky? China’s been bailing out entire countries, according to a new study.With interest rates and the cost of living way up, at least one important number is going down—the maximum interest rate on loans.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 30, 2023 • 9min

AI worries 👾 — Technologists are concerned about the pace of AI. Google is rolling out new heat wave alerts. And the feds are introducing new taxes.

Kind of like us at an all-you-can-eat sushi restaurant, AI is doing too much way too fast.With warmer weather ahead, Google wants to make sure you don’t get too hot this year.From a green energy push to expanded dental care, the feds put forward ambitious but pricy goals in this year’s budget. They also made it clear who would help pay for it all.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 29, 2023 • 9min

Twitter for you blues 🐦 — We do a federal budget recap. Elon wants you to pay for Twitter Blue. And Disney rejects the metaverse.

Strap on a fancy new pair of shoes and step into The Peak’s 2023 federal budget analysis.Like a used car salesman covered in flop sweat in an ill-fitting suit, Twitter is desperately trying to get you to buy what it’s selling.The metaverse might be the next digital media frontier, but Disney has decided to stay put in its Magic Kingdom for now.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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