If implemented, the reforms could force wholesale changes at India-based companies such as Infosys and Wipro, and shift the way American companies like Microsoft, Amazon.com and Apple recruit talent. Cable giants Rogers and Shaw both beat analysts’ expectations for their traditional cable business in the latest reporting period, losing 13,000 and 16,000 cable subscribers respectively. Over the full calendar year, Rogers lost 76,000 cable subscribers, Shaw lost 131,000 cable and satellite subscribers. Medical marijuana companies raised more than $466 million on capital markets last year, reports Sunny Freeman in the FP’s Dealmakers package. But the massive year in financing came without the participation of the big banks, which refuse to finance marijuana companies for fear of reputational risk.
Source: National Post January 31, 2017 11:52 UTC