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Tuesday October 16, 2012

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Ted Talks

Eddie Obeng: Smart failure for a fast-changing world

The world is changing much more rapidly than most people realize, says business educator Eddie Obeng -- and creative output cannot keep up.

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US Economy

Fiscal Cliff Major Concern for U.S., Finance Pros. Say

Executives look beyond election for Washington to resolve deficit problems

MIAMI - Three quarters of executives that manage corporate cash fear the consequences of the so-called fiscal cliff, according to the Association for Financial Professionals (AFP), which surveyed the 6,000 attendees at its Annual Conference in Miami. The corporate treasury respondents believe the economy will worsen without action to address the tax cuts and automatic spending cuts that are due to kick in at the end of the year.

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Resignation

Dalton McGuinty Resigns Over Dinner

Toronto - Ontarians got a double-barrelled surprise on Monday evening when longtime Premier Dalton McGuinty announced he was stepping down as Liberal leader and also proroguing the provincial legislature.

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Growth

Sandvine secures $2-million follow on order in Africa

Prepaid billing a top use case for mobile operators in Middle East and Africa

WATERLOO - Sandvine announced that it has received a $2-million follow-on order in Network Policy Control products from a 3G mobile operator in Africa. This customer purchased Sandvine's Policy Traffic Switch, Network Analytics, Usage Management and Fairshare Traffic Management products. This operator is a subsidiary of a multinational telecommunications organization and has been a Sandvine customer since 2009.

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Sale of Asset

Economical Insurance announces sale of assets of Mattei Insurance Services, Inc. to Alteris Insurance Services, Inc.

WATERLOO - Economical Insurance announced the completion of the sale of the principal operating assets of Seattle-based Mattei Insurance Services, Inc.to Alteris Insurance Services, Inc. of Boston, Mass.

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Apopintment

JODY YUNGBLUT NAMED GENERAL MANAGER AT EYELIGHT

Waterloo - Waterloo Region marketing agency Eyelight Creative Marketing Services has named Jody Yungblut as General Manager of the firm. Co-founder Ron Repke will remain with Eyelight as President and Debbie Repke will continue as Creative Director. A veteran of the advertising industry, Yungblut has spent the last six years with Eyelight serving as a Senior Strategic Planner and Group Account Director while playing a key role with the new business development team.

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Appointment

Laurier’s Anne Wilson re-appointed to Canada Research Chair in Social Psychology

WATERLOO – Wilfrid Laurier University announced the appointment of Canada Research Chair (CRC) in Social Psychology, Anne Wilson, to a second five-year term.

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Fellowship

Renison  Professor  receives  prestigious  title  from   University  of  Winnipeg  

WATERLOO– Renison Professor Kristina Llewellyn has been named an H. Sanford Riley Fellow in Canadian History, an honour bestowed by the University of Winnipeg to those who are committed to sharing their knowledge of Canadian history with their academic colleagues, community, and high school audiences.

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Social Transport

Grand River CarShare to launch its first electric vehicle

Waterloo Region - Tomorrow at 11am Grand River CarShare will be launching its first fully-electric vehicle. The vehicle was purchased in part by a $15,000 grant from the Region of Waterloo’s Community Environmental Fund, and is a demonstration of how electric vehicles can be a transportation solution for the residents of Waterloo Region.

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Expansion

Desire2Learn Expands Into Latin America with D2L Brasil

Leader in Cloud-Based Learning Solutions Unveils New Brazil-Based Subsidiary and Charter Customers

São Paulo and Kitchener/Waterloo - Desire2Learn Incorporated, the leader in providing cloud-based learning solutions for higher education, K-12 and Fortune 1000 companies, today announced its expansion into Latin America with the formation of D2L Brasil. The organization will service Latin America and has already announced its charter customers.

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Budget & GDP Report

Ontario Remains on Track to Eliminate the Deficit by 2017–18

Queens Park - The deficit projection for the current fiscal year has improved by more than $400 million from the 2012 Budget forecast to $14.4 billion. The province remains on track to meet the 2012 Budget deficit targets in 2013-14 and 2014–15 and for the deficit to be eliminated by 2017–18.

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