CALGARY The Alberta government is gearing up for a fight with the province power industry at the same time as it appointed a negotiator Wednesday to develop terms for a coal fired power phase out.Economic Development and Trade Minister Deron Bilous said at a press conference Wednesday that power companies in Alberta were exploiting in the power market. He said the government is reviewing whether not companies that have handed their money losing contracts to purchase coal fired power over to the provincially owned Balancing Pool had a legal right to do so.the tenure of the former government, they negotiated power purchase agreements that, quite frankly, were not in the best interests of Albertans. There are loopholes in those agreements that allowed companies to reap the benefits when electricity prices are high and hand all the risk back to taxpayers when the market is low, Bilous said.are doing that now and claiming it because of our climate leadership plan.
In its heyday nearly a decade ago, the chain had operated around 300 stores. Gildan bought the brand out of bankruptcy for $88 million in early 2017. She joined Ad Age after a dozen years of writing for Crain’s New York Business, where she also focused on the retail industry.
Nike which signed Cleveland Cavaliers superstar LeBron James to a lifetime endorsement deal in December watched the Cavs cruise to their first ever NBA championship Sunday night against the Golden State Warriors.The win was a tough one to swallow for Under Armour Inc., who endorses Stephen Curry, Golden State superstar point guard. The apparel company is an upstart in the basketball shoe world, going from essentially no presence just a few years ago to now making a dent in Nike overwhelming 90 per cent share of the market.Still, analysts and investors aren counting Under Armour out. The company share price spiked 2.42 per cent Monday, buoyed by an upgrade at Buckingham Research Group.
Oddly enough, sumptuary law sometimes created new fashions. Once a certain style was forbidden, people found a way around the law. In 1495 Venice, when the government banned belt pendants, savvy fashionistas attached gem stones directly onto the belt, creating a new style.
Five years ago, Carlyle Group LP David Rubenstein predicted a future where ordinary savers would be able to invest in private equity, an industry limited to wealthy individuals and institutions. He later suggested that by now, Americans would be able to put some of their 401(k) retirement accounts into the asset class.Today most mom and pop investors still don have that option. But a shift in how people are saving in their 401(k)s may give private equity a new way in keeping firms like Carlyle, Blackstone Group LP and KKR Co.