The Peak Daily

When it rains, it pours. At least when it comes to tech layoffs, with Google-parent Alphabet becoming the most recent name to announce a headcount reduction.Amid a flurry of recent announcements, it’s clear that efforts to help a healthcare industry in crisis are kicking into high gear.Somebody needs to make Top Gun, but for airline pilots, because the profession is facing a shortage and could really use a shiny new recruitment tool.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The US reached the max amount of debt that it’s allowed to take on (aka the debt ceiling) yesterday, causing the US Treasury to begin taking special measures to ensure the government can continue paying its debt.Hacking group Lockbit has earned the title of “most prolific ransomware gang in the world”, carrying out ~25% of all known ransomware attacks last year and taking responsibility for breaches of over 40 organizations across the globe this month alone.TikTok is prepared to open its algorithms to regulators, in a move that could permanently change the relationship between governments and social media giants.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Air Canada and WestJet have been cutting domestic flight routes in recent months, a move that one business group thinks is fishier than an in-flight meal.If it wasn’t bad enough that the cost of dating (read: rising restaurant prices) has skyrocketed, now the cost of landing a date is also on its way up.Russia is thought to be preparing for a major offensive in the war with Ukraine. Ukraine’s top general, Valery Zaluzhny, wants 300 Western tanks and 600 vehicles to help fend it off.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

If you’re doing dry January, maybe just keep at it for a while—at least that’s what new national guidelines on alcohol intake would recommend.China’s GDP grew [only 3% last year](https://www.cnn.com/2023/01/16/business/china-gdp-2022-hnk-intl/index.html#:~:text=China's economy expanded by just,downturn in the property market.), well below government targets and the country’s slowest growth rate since 1976 (aside from 2020, because of you know what). And somehow, that’s not even the worst news China got yesterday.It feels like we write this every few months, but here we go again: Elon Musk is heading to court.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

As layoffs spread across the tech and finance landscapes like a bad rash, workers are trying to get ahead by securing new jobs before the corporate axe comes a-chopping.Life is a fickle thing. Just ask Michele Romanow. One day you’re the face of a Heineken advertising campaign. The next you’re stepping down as the CEO of your company.The days of take-home and open-book essays are over, as a new wave of generative artificial intelligence (AI) puts a full stop on traditional classroom learning as we know it.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Whether you like them scrambled, poached, or raw like Rocky Balboa, one yolky grocery staple is about to get cheaper. Though not as cheap as they could be.BMO is linking up with financier Georgian to bring down the wall between investors and privately held technology companies.Almost 30% of Canadians say their New Year’s resolution is to get in better shape. Some gyms are advocating for one trick that could help: Electrocution.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The world’s climate goals are banking on the success of carbon capture technology. One start-up has potentially kick-started the industry after a major breakthrough.Like all good friends, Canada, the US, and Mexico sometimes get into squabbles. Luckily, they have a panel of unbiased trade experts on-hand to help resolve them.The Chinese government has been trying to take some of the air out of an inflated real estate market, but it’s not going to be a soft landing.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Data from past recessions shows us that blue-collar workers usually bear the brunt of the impact. This time around, the trend is on track to flip into reverse.In the market for a sublet? How about a seven-floor, 348,100-square-foot office space that was supposed to be inhabited by a Canadian tech giant?Many people have a dream of owning a small business. However, it might make more sense just to take over an existing business, as there will soon be plenty of them hitting the market.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

In recent years, Canadian companies have been pouring money into Mexico.If you’re looking to save some money on groceries (and who isn’t), some startups are hoping you’ll drop coupon clipping in favour of scouring apps to score bags of half-off produce.The days of tweeting #BellLetsTalk (and giving yourself a little pat on the back for it) have come to an end as the telecom giant revamps its famous mental health campaign.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

If paying upwards of $670 to eat reindeer brain custard at the world’s best restaurant is on your bucket list, you have until 2024 to secure a reservation (so start calling in favours).In what’s basically a rite of passage for any sector of the economy looking to be taken seriously, Stats Canada is now officially tracking the hard data around gig work.After watching the new Top Gun, we’ve realized that fighter jets are super cool. We also suspect the timing of the government’s first jet order in three decades is no coincidence.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO