The Peak Daily

By The Peak / CuriouscastNews Business News

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The Peak Daily episodes

July 15, 2022 EV Week 🚗 — New funding announcements for EV week. Amazon wants to make a deal with the EU. And concerts are really expensive.
It’s EVWeek in Canada and to celebrate the government announced funding announcements for ~950 new electric vehicle (EV) charging stations.
Amazon wants to make a deal with EU regulators: The company will limit its use of marketplace seller data and make changes to ‘Buy Box’ rankings, in exchange for a truce (and avoiding a fine worth up to 10% of its global revenue).
Anyone else finally feeling ready for live events again… only to realize your bank account is not*?* We have the surging price of concert tickets to thank.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11 min
July 14, 2022 Expensive ice cream 🍦 — Dairy prices are going up. New census data just dropped. And there’s a new TikTok feature.
If cheese and milk regularly appear on your grocery list, get ready for higher even bigger bills at the checkout this fall. as two Canadian food suppliers notified grocery stores their dairy products are going to cost more.
Statistics Canada just dropped the latest census data so we thought we’d dig a bit deeper into some of the income data and why it matters to you—and trust me, we’ll make it fun!
TikTok, the app you were probably scrolling through before you started listening to this, announced the roll-out of two new systems that aim to combat a persistent problem on the platform: Inappropriate content.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11 min
July 13, 2022 Backup plan 📕 — The Feds want to avoid another Rogers outage. Canadian dental clinics are being eaten up by private equity. And it’s a big day for Canadian economic news.
As we navigate the Post Rogers Blackout Era (PRBE), the federal government has stepped up to make sure future service shutdowns aren’t so apocalyptic.
Big private equity firms are drilling for value and finding Canadian dental clinics.
At 10:00 AM (ET) the Bank of Canada will kick things off with its decision on the overnight interest rate target.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
July 12, 2022 Energy Tok 🤳— Shell is getting into TikTok. Cruises are polluting the BC coast. And BNPL firms are struggling.
There’s a new content creator on the TikTok block: Energy companies.
Ever wonder where all the nasty stuff that accumulates on cruise ships ends up? Turns out a lot of goes right into the beautiful waters just off the BC coast, according to a new report examining the cruise industry’s environmental impact.
The latest victim of crashing tech valuations: Buy now, pay later, or BNPL firms.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
July 11, 2022 Can you hear me now? ☎️ — Rogers was down for 15+ hours. Elon’s not buying Twitter. Via Rail employees could be striking.
~12 million Canadians were affected by Friday’s Rogers network outage and they piled into their neighbourhood Starbucks to wrap up work for the week.
Ireland’s Data Protection Commission is moving forward with a decade-old data transfers complaint against Meta this week, by forwarding a decision to other agencies for review that would crack down on the company’s ability to transfer its data from the EU to the US.
Musk’s bid to buy Twitter is now in “serious jeopardy,” according to a report by *The Washington Post—*at least if the billionaire has his way.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
July 08, 2022 Long haul ⚠️ — Construction companies are struggling to hire. Russia is gearing up for a long fight. Amazon wants to livestream commerce.
Canada’s construction sector is facing a serious labour crunch that’s causing companies to turn down or cancel projects and threatening the long-term prospects of the entire industry.
In a sign that Russia is hunkering down for a long fight in Ukraine, the government is shifting the economy to a wartime footing.
Amazon is betting big on Amazon Live, a livestream shopping feature where influencers can sell products directly to the viewing audience and pocket commissions ranging from 2% to 20% depending on the product
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
July 07, 2022 Kiwi milk 🥛 — Global housing markets are in decline. We’re fighting with New Zealand over dairy. And Twitter is suing India.
Home prices around the globe (including in Australia, New Zealand, the US and UK) are on the verge of decline, according to Capital Economics, a research group.
In the case of international trade, longtime pals Canada and New Zealand are bickering over new Canadian dairy policies that are hampering New Zealand’s export ambitions.
Twitter is taking on the world’s largest democracy and suing the Indian government after it was forced to remove content and block dozens of accounts from its platform under India’s internet laws.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min
July 06, 2022 Taps off 🛢 — Russia could switch the taps off to Europe’s gas supply. The rental market is heating up. And FIFA is bringing in robo-refs.
Russia is set to switch off the taps to one of Europe’s largest natural gas pipelines—and Germany is worried!
As students get back to campuses and workers to offices, already overheated rental markets across the counry are starting to feel the heat, with Rentals.ca reporting average monthly rents reaching $1,888 in May (a 10.5% increase from last year).
At least two new things are coming to the 2022 FIFA World Cup in November: Team Canada (we’re counting them as new since they haven’t been there since 1986) and AI technology that will help referees make crucial offside calls.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11 min
July 05, 2022 Crypto winter ❄️ — The Bank of Canada releases a new survey on business outlooks. The chip shortage may be ending. And there’s a new victim of the crypto winter.
The Bank of Canada (BoC) released its newest quarterly surveys on consumer expectations and business outlooks yesterday and one thing was clear: both groups are still hyper-focused on inflation, but not yet panicking about a potential recession.
Some good news in the long fight against supply chain disruptions: After two years of high demand, sales of some semiconductor chips are starting to wane—a development that could cut down on global wait times for the precious product
Zip up those parkas because the crypto winter is getting even chillier, as another major lender in the space has fallen victim to the modern incarnation of a good ol’ fashioned bank run.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11 min
July 04, 2022 Expensive hot dogs 🌭 — TikTok is (once again) facing a ban. Your BBQ costs are inflated. Zuck is looking to make big cuts.
TikTok is once again fighting for its survival in Western markets as it faces growing criticism over its relationship with China’s government and how it handles user data.
We hope the scourge of inflation this year didn’t spoil the long weekend for you, but you might have noticed paying more for pretty much everything you need for a successful ‘BBQ.
Meta, the parent company of Facebook and Instagram, plans to cut hiring and demand more from existing employees as it preps for an economic downturn, according to leaked audio from a company staff meeting.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10 min

About The Peak Daily

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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.