The Peak Daily

The Peak Daily

By The Peak / CuriouscastNewsBusiness News
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The Peak Daily episodes

  • Movie woes 🎞️ — Publishers want Big Tech to pay up. Ozempic ads are here, there, and everywhere. Are moviegoers tired of Pixar and superheroes?

    Big Tech is learning (the hard way) that the internet isn’t one big free for all.

    You’ve probably heard of Ozempic—the diabetes drug that has become a fave of celebs and border-hopping Americans for its weight loss capabilities—because it’s literally everywhere.

    Twin box office flops this past weekend involving pillars of modern moviegoing—Pixar and superheroes—paint a concerning picture for studio execs trying to get butts in theatre seats.

    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS

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    9 min
  • Plane sale ✈️ — Canada has a housing market twin. Paris Air Show takes off. What will central banks do next?

    New Zealand’s housing prices have crashed harder than a toddler after a sugar rush.

    Paris’ other headline-grabbing show—the Paris Air Show—begins this week. Only in this event, guests are leaving with 500 Airbus jets instead of Louis Vuitton’s summer collection.

    About a year into their bare-knuckle brawl against inflation, the world’s central banks have found themselves playing the least fun game of ‘would you rather’ ever.

    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS

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    8 min
  • Uninsurable 🔥 — Cancer rates surge among young people. Canada spurns global arms build-up. Will Canada become uninsurable?

    Cancer rates among people aged 25 to 29 have increased faster than any other age group over the past three decades, a new analysis by the Financial Times showed.

    The world may be ramping up defence spending, but Canada is in no rush to dole out more cash for the military.

    Besides displacing thousands of people, polluting the air, and making New Yorkers mad at us, Canadian wildfires could also start driving up our insurance premiums.

    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS

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    7 min
  • Maple syrup bust 🍁 — A $150 million maple syrup meth bust. As rates rise, Canadians’ debt gets riskier. Canadian grocers face potential windfall tax

    According to the UN’s 2022 World Drug Report, seizures of methamphetamines are on the rise. The latest of these huge meth busts comes with a rather ridiculous Canadian twist.

    If someone owes you a fat stack of cash, now might be a good time to check if they’re still good for it… especially if you happen to be a Canadian financial institution.

    If you were disappointed by the new grocer “[code of conduct](https://www.cbc.ca/news/business/grocery-code-of-conduct-1.6832120#:~:text=The code is intended to,of the proposed code reads.)” for being light on details around how the new rules would actually be enforced, this might be some welcome news.

    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS

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    7 min
  • Bey-flation 🎤 — Beyonce inflation. Regulation is knocking on AI’s door. Toyota EVs aim to go farther

    Sweden’s annual core inflation rate fell just 0.2% last month, a notably smaller drop than analysts expected. Experts now have one irreplaceable theory for why this happened.

    Right now, AI research and development is kind of like the Wild West, but a hotshot sheriff named the EU just rode into town to lay down the law.

    Just six months after Toyota’s CEO expressed he was, let’s say, less gung-ho for electric vehicles than other carmakers, the company has entered the scene in a big way.

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    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    8 min
  • Streaming sports 🎾 — Western ports hit choppy waters. IKEA’s AI future. Netflix gets creative with sports streaming

    One of the world’s least efficient cargo ports is now facing the unimaginable: Becoming even less efficient.

    Everyone and their mother has an AI chatbot these days, and everyone's favourite provider of reasonably-priced middle-tier furniture is no different.

    Love is Blind fans may never forgive Netflix for the outage that spoiled the live reunion, but the company is ready to venture back into live programming… only this time, with sports.

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    -

    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    8 min
  • Swoop no more 🛬 —  Reddit fades to black. Canada joins the US corn crusade. Swoop…and it’s gone.

    Reddit is facing a revolt from some of its most popular subreddits.

    In the biggest cornfield contest since Field of Dreams, Canada is joining the US in a trade complaint against Mexico over the country’s restrictions on genetically modified corn imports.

    A pilot [pay bump](https://www.reuters.com/business/aerospace-defense/westjet-pilots-tentative-deal-24-hourly-raise-over-4-years-document-shows-2023-05-26/#:~:text=World at Work-,WestJet%2C pilots in tentative deal for 24%25 hourly raise,over 4 years%2C document shows&text=MONTREAL%2C May 26 (Reuters),seen by Reuters on Friday.) that was supposed to solve WestJet’s labour retention issues and stabilize operations has resulted in the company shutting down its budget airline, Swoop.

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    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    7 min
  • Zuck’s plan 🥽 —  US regulators push crypto to the brink. Zuck’s plan. Do energy drinks have too much energy?

    The cryptocurrency sector is facing an existential crisis courtesy of Uncle Sam.

    Apple may have its Vision Pro, but Meta CEO Mark Zuckerberg has a vision of his own. (That is the one and only time we will use that joke—promise!)

    Today in news that you will not find shocking, a drink called Hype Sauce may not be a totally healthy beverage choice..

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    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    8 min
  • We sold The Peak 📈 — The Peak sells to Moses Znaimer’s ZoomerMedia. Uber wants you to share. Meet the Chinese e-commerce app dominating the App Store charts.

    The Peak has agreed to sell to ZoomerMedia for an aggregate purchase price of $5 million, the companies announced yesterday. 

    Few experiences are more nightmarish than booking a rental car. Long lines, endless paperwork, and ending up in a 2004 PT Cruiser despite asking for a 2018 Honda Civic. 

    A Chinese e-commerce app that promises to let you “shop like a billionaire” has rocketed up to #3 on Canada’s App Store charts.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    6 min
  • Car theft crisis 🚗 —  Car thefts in Canada are a “national crisis”. How much AI is too much AI? Meta’s biggest attack yet on Canada’s online news act.

    Missy Elliott once asked, “Beep beep, who got the keys to the Jeep?” These days, the answer to that question is too often, “sophisticated international crime syndicates.”

    While it’s pretty amazing we’ve got to the point where artificial intelligence can think critically and come up with solutions out of thin air, it can also be a pain in the behind.

    There are few guarantees in life: Death, taxes, and your relatives angrily sharing news articles on Facebook. And even that last one might soon disappear.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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    We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card:

    https://tinyurl.com/TPDTS

    8 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.

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