The Peak Daily

By The Peak / CuriouscastNews Business News

Favorites
41
Followers
Typical duration
8 min
per episode

Based on Podcast App listening data

The Peak Daily episodes

January 24, 2022 Made in the USA 🖥 — Canada’s facing a cattle feed crisis. Crypto markets are chaotic. And Intel is opening up a new factory in Ohio.
Desperate for cattle feed, Canadian farmers are importing record amounts of corn from the US. Prices of bitcoin and ethereum, the two largest cryptocurrencies by market cap, have dropped by 23% and around 35% since the start of the year. Intel announced it would spend US$20 billion to build a new semiconductor manufacturing plant in Columbus, Ohio as part of a broader industry-wide effort to alleviate a chip shortage that has disrupted swathes of the economy (and made it such a pain to get a new car)
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min
January 21, 2022 Keep trucking 🚛—There’s a truck driver shortage. Meta is making its way into NFTs. And Amazon is opening up a physical store.
Canadian and US trucking industries are grappling with driver shortages, straining already-fragile supply chains. Facebook’s parent company Meta could be making its first foray into the non-fungible token (NFT) market. Amazon will open its first physical clothing store in Los Angeles later this year.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min
January 20, 2022 Lock and key 🔐 — 1Password raises a huge round. The White House might crack down on big tech. The EU is worried about the carbon footprint of Bitcoin mining.
Show Notes: Toronto-based password manager 1Password raised US$620 million round, marking the largest round raised by a Canadian company. In another effort to rein in the US’ biggest tech companies, the White House is weighing support for the bipartisan American Innovation and Choice Online Act, a bill designed to stop big tech companies from stifling competition. Energy consumption around bitcoin mining is gaining more attention, with a top EU financial regulator calling for an outright ban on the main form of bitcoin mining.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
January 19, 2022 Game on 🎮 — Bic buys the Canadian Inkbox. Microsoft acquires Activision. And Canadians are worried about their debt.
Pen maker Bic has announced a deal to buy Toronto-based temporary tattoo startup Inkbox for US$65 million. Microsoft has agreed to acquire game publisher Activision Blizzard, bringing together the two video game forces to create the world’s third-biggest gaming company by revenue, behind Tencent and PlayStation maker Sony. Canadians’ confidence in their personal finances has dropped to a record-low, per the latest MNP Consumer Price Index.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
January 18, 2022 Testing troubles 🧪 — Airlines want to get rid of mandatory arrival testing. Brands are working to cut plastic waste. And Ford wants you to buy your next car online.
Canada’ busiest airport and airlines are calling on the federal government to drop the requirement for an arrival test for vaccinated air travellers. Major brands, such as Coca-Cola and Walmart, signed a joint statement that calls for the formation of a global pact to cut down plastic waste. Stripe is helping Ford scale its e-commerce strategy, signing a five-year deal to strengthen the carmaker’s online payment process.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min
January 17, 2022 Monocle 🧐 — Canadian housing prices are only going up. The Zara billionaire is buying RBC plaza. And Bausch and Lomb is going public.
What goes up must come down, unless we’re talking about Canadian housing prices. At least that’s the conclusion we’re reached after reviewing new reports on our overheated housing market that predict rising prices well into 2022. Zara’s billionaire owner Amancio Ortega is buying Toronto skyscraper Royal Bank Plaza for over CA$1 billion. Bausch & Lomb, the Quebec-based maker of contact lenses and other eye health products filed to go public on the New York and Toronto stock exchanges.
8 min
January 14, 2022 Small business saviour ⛑ — Feds give small businesses another lifeline. Public flood insurance is needed to prepare for climate disasters. TikTok stars are making money.
The Canadian government extended the deadline for small businesses to pay back emergency loans—one of the most widely used pandemic programs for businesses. Insurers will pay over CA$2 billion to settle climate-related claims from last year. TikTok star, Charli D’Amelio makes more than top CEOs, according to Forbes’ ranking.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
January 13, 2022 Gas is expensive ⛽️ — Oil prices are peaking at $81 a barrel. Vendasta is making moves. And Dave McKay thinks the Bank of Canada should act on inflation.
US oil prices peaked to $81 a barrel for the first time in two months, reflecting stronger consumption than many observers had expected. Saskatoon-based Vendasta Technologies announced its second acquisition since the software company dropped plans to go public in favour of financing, per The Globe and Mail. Canada’s annual pace of inflation has been hanging at around 5% in recent months, levels not seen 2003, with RBC’s CEO Dave McKay telling Bloomberg that the Bank of Canada needs to take quick action by hiking interest rates.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min
January 12, 2022 New CEO in town 👨‍💼 — Canada and Taiwan might be teaming up. Rogers has a new CEO. And Canadian cryptocurrency exchanges are complaining about a US rival.
Canada and Taiwan have begun trade talks in an attempt to reduce both countries’ economic dependence on China. It all started with a butt-dial... Rogers officially named Tony Staffieri CEO after a six-month interim stint in the role. Cryptocurrency exchanges that are playing by the rules are upset that Singapore-based Crypto.com is advertising in Canada, despite not being registered here.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min
January 11, 2022 Farewell Farmville 🌾 — BMO is hitting the pensions up for money. Zynga and TakeTwo are merging. Taco Bell is releasing a subscription service.
BMO is tapping into pension funds for its Bank of West takeover, the largest acquisition deal led by a Canadian bank. Gaming company Take Two Interactive is buying FarmVille maker Zynga for US$12.7 billion in one of the world’s biggest gaming mergers. Taco Bell said its piloting a subscription service to order one taco a day for $10 a month.
Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
9 min

About The Peak Daily

From the publisher's feed

Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.