Author: News Room

Introduction One of the interesting elements of preferred shares in Canada is that some of the issues (and then predominantly preferred equity issued by larger companies) have a conversion component. Within the preferred security spectrum, you generally have two types of preferred shares: Fixed rate and floating rate preferred shares. In Canada, even the floating rate preferred shares generally see preferred dividend rates being locked in for five year stints (i.e. every five years the preferred dividend rate gets reset, usually based on a five-year government bond plus a mark-up). However, in some cases, preferred shareholders get the option to…

FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However, the large-scale unstaking could increase selling pressure and affect future price movements. Read the full article here

Some people really do leave money to their pets. And it’s legal. In June 2019, designer Karl Lagerfeld passed away. A chunk of his fortune, amassed after decades of helming the fashion house Chanel, was left to his cat, Choupette. “There is no marriage, yet, for human beings and animals,” he told CNN in 2013. “I never thought I would fall in love like this with a cat.” If the bequest seems unusual, it’s not. Estate attorneys told CNN they’re seeing more incidences of people making financial plans for their pets after they die. Some of the bequests are quite…

If you want your degree to help you land a fulfilling job, consider studying music therapy.The medical and therapeutic fields are among the college majors helping graduates get jobs that make the world a better place, according to graduates surveyed in a recent Payscale report.Alumni with bachelor’s degrees in music therapy are most likely to do this kind of fulfilling work, with 95% of degree-holders saying their work makes the world a better place, Payscale finds. Music therapy programs cover coursework in music, music therapy, science and psychology, according to the American Music Therapy Association. “Knowledge and skills are developed through…

Every few months I or one of my friend declares that we’re “done with the dating apps.” The endless swiping can make people feel disposable and conversations on Tinder or Hinge often just die in the app.Instead, we spend the next few weeks hopping from bar to bar, in an attempt to manifest the sort of meet-cute you only see on the CW.This is exactly what you shouldn’t be doing, says Blaine Anderson, an Austin, Texas-based dating coach and founder of Dating by Blaine.”Bars and clubs are bad places to meet people,” she says. “You have nothing in common with…

Not too long ago, one of my teammates and I talked about watching Alone, a series that follows ten experienced contestants as they attempt to outlast each other in a wilderness environment, foraging, hunting, fishing, building shelters, and relying on their survival skills. Each participant has to film themselves, and whoever is able to last the longest wins prize money. I remembered a season set in Patagonia and a contestant who was an excellent hunter, gatherer, and food collector. After fishing successfully, he smoked his catch and started stockpiling stores. He was building up his resources to spend 60, maybe…

The Nevada Green Party on Friday asked the US Supreme Court to weigh into an election dispute with potentially significant implications in the presidential battleground, asking the high court to pause a state court ruling that would keep candidate Jill Stein off the ballot. Green Party candidates were “ripped from the ballot,” according to the emergency appeal and “Nevadans who would vote for them in this election are robbed of the opportunity to do so.” The Green Party is being represented by Jay Sekulow, one of former President Donald Trump’s personal attorneys. The emergency appeal follows a decision from Nevada’s…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A strike at Boeing has cast doubt on the company’s production goals for the 737 Max and raised the spectre of a cash crunch, as its chief financial officer on Friday said the company would fight to preserve its investment-grade credit rating.Boeing’s investment-grade rating is crucial to its operations and losing it would be a serious blow, meaning the company could face a punishing increase in borrowing costs given a debt load that has swelled to $53bn. The options to keep it…

Last month, I wrote an article praising Signet Jewelers Limited (NYSE: SIG) as a strong earner and market leader trading at a fairly low price. The stock has gone up quite a bit since I wrote that piece, and is going up again today on news of a strong earnings release for the second quarter. It beat estimates and importantly included full-year guidance, which was higher than the consensus estimates suggested. Today I want to revisit Signet Jewelers, following the new earnings announcement, to see whether the stock is still worth considering for investors, trading as it does well below…

Right-wing media outlets are ignoring Donald Trump’s embrace of far-right conspiracy theorist Laura Loomer, shielding their audience from the uproar amid condemnation from top Republicans. In recent days, Donald Trump has mingled with Loomer, the radical conspiracy theorist who has a well-documented history of pushing racist, sexist, Islamophobic and homophobic hate. Loomer has been banned from most social media platforms for her vile rhetoric, though her account was restored in 2022 on X after Elon Musk, himself an avid Trump supporter, purchased the platform. Loomer’s presence with Trump at this week’s presidential debate and 9/11 memorial ceremonies has drawn widespread attention from mainstream news outlets, with major publications and television outlets spotlighting…