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Found 4 results

  1. Am I the only one that would pay more for electronics to improve these poor people's working conditions? BTW, This is proof that it is NOT an apple issue. (Like some of you believe) http://kotaku.com/5874706/report-mass-suicide-threats-at-xbox-360-plant Report: Mass Suicide Threats at Xbox 360 Plant On Jan. 2, over 300 employees at a Foxconn plan in Wuhan, China threatened to throw themselves off a building in a mass suicide. Foxconn makes Microsoft, Nintendo, Sony products. These workers manufacture Xbox 360s. According to Chinese anti-government website China Jasmine Revolution (via Watch China Times), the workers were protesting denied compensation they were promised. On Jan. 2, the workers asked for a raise. Foxconn told them they could either keep their jobs with no pay increase or quit and get compensation. Most decided to quit with compensation. However, the agreement was supposedly terminated, and the workers never received their payments. Website Record China reported that the uproar the incident actually caused Xbox 360 production to be temporarily suspended. The mayor of Wuhan intervened to talk down the group down, and on Jan. 3 at 9pm, the group of 300 decided not to jump, ending what could have been a deadly game of chicken. Suicides at Foxconn made major news in 2010 when over a dozen employees committed suicide, leading to Foxconn installing suicide prevention nets at some of its facilities. In 2010, Kotaku asked Microsoft about Foxconn and the reported abuses. Microsoft's Phil Spencer said at the time, "Foxconn has been an important partner of ours and remains an important partner. I trust them as a responsible company to continue to evolve their process and work relationships. That is something we remain committed to—the safe and ethical treatment of people who build our products. That's a core value of our company." Kotaku is following up with Microsoft over this latest incident.
  2. Read more: http://www.montrealgazette.com/news/Celebrity+chef+Jamie+Oliver+partner+with+chef+Derek+Dammann+open+gastropub+Montreal/6948470/story.html#ixzz20vIk4bkO It is nice to see, some well known chefs opening restaurants / going into business with people here in the city.
  3. MONTREAL - Corruption and politics are shaking investor confidence in Montreal, says a 2014 outlook which ranks Quebec’s key metropolis dead last among nine Canadian cities for commercial real estate growth potential. “Whether it is related to construction, corruption, or politics, interviewees (surveyed) expressed uncertainty about investment in Montreal,” said the outlook compiled by PricewaterhouseCoopers LLP, a professional services giant. The annual survey — which forecasts market trends and outlooks for different property types — also ranks commercial real estate markets in nine Canadian cities based on investment, rental and commercial property development and residential homebuilding potential.. The outlook is based on the views of 1,000 North American real estate industry experts surveyed or interviewed by PWC and survey partner, Urban Land Institute. While the outlook does not refer specifically to the Parti Québécois, elected with a minority government in 2012, one interviewee referred to an anticipated spring 2014 election when saying: “Montreal faces major risks because of uncertainty relating to politics.” In 2013, Montreal was ranked seventh out of nine markets in the survey and there were no remarks over politics or corruption. In the 2014 ranking, Montreal came in ninth, behind Halifax. PWC executives said they couldn’t elaborate on the political, or corruption fears raised by investors. “Sitting in Ontario, this (corruption) is getting a lot of (airtime),” said Frank Magliocco, a partner in the PWC’s audit and assurance group. “That may have had some impact on individuals who were ranking Montreal.” Deborah Dumoulin, a PWC partner, said she did not hear those same concerns voiced in Quebec: “This is not what would be coming from the Montreal market.” While economic growth is expected to rebound in Montreal to 2.1 per cent next year, a saturated office and condo market — combined with a forecast of weak employment growth — mean the city’s development prospects are limited compared to Canada’s booming west. The outlook on investment, a driver of tax revenues, comes at a time when Quebec Finance Minister Nicolas Marceau has already warned he might not be able to balance next year’s budget. Mélanie Malenfant, a spokesperson for Marceau, said she could not comment on the outlook since she was just made aware of it by a reporter. She pointed to PQ efforts to combat collusion, such as Transport Minister Sylvain Gaudreault’s recent unveiling of a 16-point strategy to lower the cost of public contracts. Bernie Marcotte, senior managing director of Cushman & Wakefield in Montreal, said there has been a slowdown in commercial real estate investments, but that’s mostly due to a weaker economy. “We see deals taking longer to complete. We have seen investment by private individuals slow down,” Marcotte said. “But the institutional investor, who’s there for the long haul, is still there.” Two real estate veterans, however, told The Gazette that they are seeing large investors reducing their exposure to Quebec, while Montreal-based developers expand into other provinces. One said investors have been shaken by the Parti Québécois’s focus on reasonable accommodation, including its so-called Charter of Quebec Values: “The government is distracted by social issues, they’re not focusing on the economy.
  4. Gretzky confirms Coyotes in trouble MATTHEW SEKERES January 16, 2009 VANCOUVER -- Phoenix Coyotes head coach Wayne Gretzky confirmed yesterday that the troubled NHL franchise requires financial assistance and is seeking an investor who could help keep the team in Arizona. The Coyotes could lose as much as $45-million (all currency U.S.) this season, including interest payments, and owner Jerry Moyes is looking for a partner. He also is speaking to city officials in Glendale about the lease arrangement at the community-owned Jobing.com Arena. Yesterday, when Gretzky was asked whether the owner could continue to operate the club, given its losses, he deferred queries to Moyes. But Gretzky, the club's coach and managing partner, also signalled that Moyes requires investment in the franchise and financial relief from the city of Glendale. "I don't think it is any big secret that Mr. Moyes has asked for new partners or investors," Gretzky said. "Mr. Moyes is doing the best he can in working with the city and city officials. Our responsibility is to come, show up and play, and play the best we can." Since The Globe and Mail began documenting the Coyotes' economic woes last month, no one from the club's management had confirmed that it was seeking financial help. A TSN report on Wednesday said that as much as 80 per cent of the team is expected to be sold in the next two months, and that Moyes would retain as much as 20 per cent. Barring a sale, the club could be forced into bankruptcy proceedings. It is possible the Coyotes could be disbanded or moved out of Phoenix before next season. The Coyotes entered a game against the Vancouver Canucks last night in seventh place, a playoff spot, in the Western Conference. The team is trying to snap a seven-year postseason drought behind a youth movement that features seven players who are 22 or younger. "The older players definitely don't let [the financial trouble] be a distraction, but the younger players don't understand it, maybe," said defenceman Derek Morris, the team's union representative. "We realize that things aren't good, but they are still treating us first-class here. They're allowing us to play hockey."