Opinion: Disney’s fired CEO Bob Chapek was an absolute disaster – good riddance

Opinion: Disney’s fired CEO Bob Chapek was an absolute disaster – good riddance

Mickey Mouse waves during the 96th Macy’s Thanksgiving Day Parade in New York on Nov. 24.ANDREW KELLY/Reuters Gus Carlson is a US-based columnist for The Globe and Mail. There’s a basic guiding principle that every company leader must understand: Know your core business. Yet virtually every decision Bob Chapek made during his two years as … Read more

Alphonso Davies’ crucial penalty miss may be Canada’s pivotal moment at World Cup

Alphonso Davies’ crucial penalty miss may be Canada’s pivotal moment at World Cup

Belgium goalkeeper Thibaut Courtois saves a penalty kick from Canada’s Alphonso Davies during a World Cup Group F match at Ahmad bin Ali Stadium, in Al Rayyan, Qatar, on Nov. 23.Nathan Denette/The Canadian Press When Canada was awarded a penalty early in its game against Belgium, there was no directive on who should take it. … Read more

No lights, no heat, no WiFi: Ukraine remains resilient despite hardships inflicted by Russia

No lights, no heat, no WiFi: Ukraine remains resilient despite hardships inflicted by Russia

A police officer works traffic control in Kyiv on Nov. 24 as most of the Ukrainian capital remains in a blackout.Photography by Anton Skyba/The Globe and Mail The waitress smiled apologetically as she discussed the breakfast offerings at Idealist, a popular café in one of Kyiv’s most affluent neighborhoods. The power was on, so they … Read more

For Chinese fans, the World Cup can be a painful reminder of their team’s absence — and China’s continuing COVID-19 controls

For Chinese fans, the World Cup can be a painful reminder of their team’s absence — and China’s continuing COVID-19 controls

People walk by the giant model of FIFA World Cup Qatar 2022 match ball amid the COVID-19 outbreak in Shanghai, China, Nov. 23, 2022.ALY SONG/Reuters Walking out onto the pitch at Doha’s Ahmad Bin Ali Stadium on Monday, Ma Ning became only the second Chinese national to officiate a World Cup match. The first time … Read more

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Making the right call in investing sometimes requires you to look excruciatingly wrong for a while. The investment advisers who declined to board the cryptocurrency hype train understand this well. Bitcoin and other cryptocurrencies took off in 2020 and didn’t peak until roughly 12 months ago. Anti-crypto advisers and money managers must have hated those … Read more

Interest rates need to keep rising to fight inflation, Tiff Macklem tells MPs

Interest rates need to keep rising to fight inflation, Tiff Macklem tells MPs

Bank of Canada Governor Tiff Macklem waits to appear before the House of Commons finance committee in Ottawa on Nov. 23.Adrian Wyld/The Canadian Press Parliamentarians questioned Bank of Canada Governor Tiff Macklem about inflation and historic financial losses at the central bank on Wednesday, with top opposition politicians looking to frame the bank’s continuing dilemmas … Read more

Scottish independence referendum denied on grounds the Scots no more oppressed than Quebeckers

Scottish independence referendum denied on grounds the Scots no more oppressed than Quebeckers

A Scottish independence supporter with the flag of Scotland outside the Supreme Court in London on Nov. 23.JUSTIN TALLIS/AFP/Getty Images The UK’s highest court ruled unanimously Wednesday that the Scottish Parliament cannot hold a second independence referendum – without the consent of the British government – ​​citing grounds that the Scots are no more oppressed … Read more

Number of variable-rate mortgage holders hitting trigger rate will climb to 65 per cent next year, BOC warns

Number of variable-rate mortgage holders hitting trigger rate will climb to 65 per cent next year, BOC warns

Homes on Sherman Brock Circle in Newmarket, Ont. on Mar 30, 2021.Fred Lum/the Globe and Mail Canada’s financial system should be able to weather a period of heightened stress, but many recent home buyers could experience a “painful” squeeze as interest rates continue to rise, the Bank of Canada’s second-in-command said Tuesday. In a speech … Read more

Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story

Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story

People walk in Vancouver’s business district over the lunch hour on April 22. According to a new report, the city experienced a 48-per-cent decline in mobility compared with prepandemic timesJENNIFER GAUTHIER/Vancouver Freelancer The downtowns of most major Canadian cities continue to face a substantial dip in foot traffic compared with prepandemic norms – but the … Read more

New Conservative finance critic’s story is one of redemption and opportunity

New Conservative finance critic’s story is one of redemption and opportunity

Conservative Party of Canada finance critic MP Jasraj Singh Hallan grew up in Calgary Forest Lawn and now represents the riding in the House of Commons.Dave Chan/The Globe and Mail Once an at-risk youth who was involved in Calgary street gangs, the story of Jasraj Singh Hallan, the Conservative Party’s new finance critic, is one … Read more