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Keeping road warriors on the radar
New software not only logs the movements of business travellers but makes sure they comply with company policy, too By TERRENCE BELFORD -- On July 17 last year, TAM Airlines flight 3054 crashed into the runway at Sao Paulo, Brazil, killing 199 people. Thanks to new traveller tracking and alert software, Canada's Vision 2000 Travel Group was almost instantly able to determine that none of its customers were aboard. FULL STORY |
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Rogue trader costs TD
Bank takes $96-million hit after credit derivatives mispriced By TARA PERKINS AND PAUL WALDIE -- Toronto-Dominion Bank, which painstakingly avoided the subprime mortgage trouble that forced its peers to take massive subprime writedowns, said it was taking a $96-million hit yesterday after discovering that a London trader had deceived the bank about the value of securities he traded. FULL STORY |
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In the end, 'no room to negotiate'
As buyers grew worried that BCE was stagnating, the tone was: 'Listen guys, do we want to do this deal or not' By BOYD ERMAN, SINCLAIR STEWART AND JACQUIE MCNISH -- An emissary from one of BCE Inc.'s suitors walked into a Toronto boardroom almost two weeks ago and gave the phone company's directors an ultimatum that would make or break the $35-billion deal to sell to a group led by the Ontario Teachers' Pension Plan. FULL STORY |