World’s richest woman Christy Walton tops $US41.7 billion. Christy Walton owes her fortune to the founders of Walmart (WMT), the Walton family, although she married into the clan. Her husband, John Walton, died in 2005 at the age of 58 when he crashed a small experimental plane he was piloting in Wyoming. John Walton was one of Walmart founder Sam …
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1.4 Million To Online Lover? Woman in US sends $1.4 million to internet boyfriend in Africa
1.4 Million To Online Lover? Sarah, who has divorced twice, met Chris Olsen 18 months ago online and the pair have spoken for hours over the phone every day. Soon after they started talking, Chris began asking Sarah for large amounts of money to be wired over him, telling her he needed it for legal fees as police kept arresting …
Read More »Loblaws recalls PC Blue Menu bran flakes, Report
A possible plastic contamination has led Lowlaw Companies Limited locations across the country to voluntarily recall PC Blue Menu brand Bran Flakes cereal from market shelves.
Read More »Investors sour on Canadian banks ahead of earnings, Report
Investors have lowered their expectations for big first-quarter profits from Canada’s big banks as sliding oil prices and a slower economy bite into their bottom lines.
Read More »Alicia Shaffer, Etsy’s richest seller
Alicia Shaffer, A mother-of-three earns $70,000 a month from selling handmade headbands, socks and scarves on Etsy. Shaffer wanted to bring in some extra money after the clothing store she and her husband managed in the San Francisco Bay shut down in the recession.
Read More »Michele Ferrero : Owner Of The Nutella Empire Dies At 89
Michele Ferrero, the owner of the Nutella empire, has died, according to reports on Saturday. He was 89 years old. Ferrero, whose fortune we last estimated at $23.4 billion, had retired from day to day operations at Ferrero, the world’s fourth largest confectionary company, and had been battling a long-time illness.
Read More »Cathy Engelbert Makes Big 4 History With Deloitte Promotion
Cathy Engelbert, CPA, will become the first female CEO of a Big Four audit, accounting, and consulting firm in the United States, Deloitte LLP announced today. “Cathy has a strong track record of advising some of the firm’s leading clients, and working with regulators to advance our industry-leading Audit practice,” said Punit Renjen, currently chairman of the Board of Deloitte …
Read More »Target Canada to Officially Begin Liquidation Process
Target Canada has received court approval to begin liquidating its stock Thursday. Lackluster sales figures prompted Target to announce earlier this year that it would vacate its stores by mid-2015, with a firestorm sale to take place beforehand.
Read More »Macy’s Buys Beauty Retailer Bluemercury, raises outlook
Macy’s, Inc. announced it has signed an agreement to acquire Bluemercury, Inc., widely recognized as America’s largest and fastest-growing luxury beauty products and spa services retailer, for $210 million in cash. The transaction is expected to be completed in Macy’s, Inc.’s fiscal first quarter (which ends on May 2, 2015) and be accretive to Macy’s, Inc.’s earnings in its first …
Read More »Target liquidation could start as early as Thursday, retailer seeks court approval
Bargain hunters will be happy to hear that Target’s liquidation sales could begin as early as Thursday, this week. Reports say the U.S-based retailer will seek court approval to allow a group of liquidation companies to sell off the contents of its Canadian stores this week.
Read More »French Monopoly 80th Anniversary : Board game being sold with real money inside
French Monopoly’s 80th Anniversary Edition has real money planted in some boxes, Only one set will land the major jackpot, in which every game note is replaced by real money for a total windfall of 20,580 euros ($A30,050).
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