Space tourism? Yeah, been there, doing that. But in the world of private travel, there's really no such thing as too much competition. Today, the newly formed Golden Spike Company took the wraps off of an exceedingly ambitious plan that would eventually see pairs of citizens hoisted up to the moon for a cool $ 1.5 billion. Before you brush it off … [Read more...]
Priceline Agrees to Buy Kayak for $1.8 Billion
November 8, 2012 by
One of the biggest players in travel announced today an agreement to buy another of the biggest players for $ 1.8 billion. Bonus: it seems that this could be good for consumers, too. Fodor's Travel News … [Read more...]
Apple Q4 2012 earnings: $35.97 billion in revenue, $8.2 billion net profit, narrowly beats estimates
October 25, 2012 by
Just a day after introducing the iPad mini, a revised iMac, a 4th-generation iPad and a retooled Mac mini, the company is outing its Q4 2012 earnings -- and it looks as if it has narrowly edged Wall Street estimates. Revenue was pegged at $ 35.97 billion (compared to estimates of $ 35.08 billion), with net profit at $ 8.2 billion. For the sake … [Read more...]
Google’s Q3 2012 earnings: $14.10 billion in revenue, $2.74 billion in operating income
October 18, 2012 by
In an apparent error, Google's Q3 2012 earnings have gone live smack dab in the middle of the trading day, instead of after the closing bell as expected. Early indications are that the search giant has notched third quarter revenues of $ 14.10 billion, representing a 45 percent uptick compared to Q3 2011. GAAP operating income in the third quarter … [Read more...]
BC Government reports 1.84 billion dollar deficit
July 25, 2012 by
BC ended the fiscal year with a smaller deficit than what it had been predicting in February. But at $ 1.84-billion, it's much higher than the one reported this time last year. Total government spending is $ 926-million higher than what was anticipated in the 2011 budget. The reason? Finance Minister Kevin Falcon says the $ … [Read more...]
Replacing bridge could cost a billion dollars
May 24, 2012 by
It'll be four years before any construction starts, but business leaders being consulted about the future of the Pattullo Bridge have now been told the bridge must be replaced and that could cost a billion dollars. Translink's Sany Zein says the best option for the 75-year old bridge linking Surrey with New Westminster is a six-lane … [Read more...]
Amazon’s Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion
April 28, 2012 by
It's no Apple-sized quarter, but you'd need to be on HGTV's Million Dollar Rooms a handful of times over to scoff at Amazon's Q1 2012 earnings. After reporting $ 177 million in net earnings last quarter (on $ 17.43 billion in revenue), the online sales behemoth has today registered $ 13.18 billion in net sales -- proudly reporting that said … [Read more...]
Apple Q2 2012 earnings: $39.2 billion in revenue, net profit of $11.6 billion
April 24, 2012 by
Tim Cook: Apple focusing more on iPad for enterprise Tim Cook hates litigation, not quite ready to call a patent truce 365 million iOS devices 'in play,' iPad taking off in education and government markets How do you follow up a stunning Q1 where you set record quarterly earnings and issue a sizable dividend to investors? Well, if you're Apple, … [Read more...]
Telus announcing three billion dollar investment
March 2, 2012 by
Telus has announced it is investing three billion dollars in British Columbia over the next three years. 750-million will go toward Telus Garden, the one-million square foot development at Richards and Georgia in downtown Vancouver. A 24-storey office tower is to be the country's first Leed platinum building, while the 53-storey residential … [Read more...]
Samsung looks to borrow $1 billion to expand production capacity in Austin, Texas
January 17, 2012 by
When you're producing chips for the iPad and iPhone, you need a serious facility to meet those demands. And evidently, Samsung's not foreseeing its legal battles with Apple to cause any wrinkles in said plans. In fact, Bloomberg is reporting that Sammy has "sent requests for proposals to banks to borrow as much as $ 1 billion to expand production … [Read more...]
