Sole proprietorship

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner may operate the business alone or with other people.

Partnership

A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

Corporation

The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations.

Cooperative

Often referred to as a "co-op", a cooperative is a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority.

Restructuring state enterprises

In recent decades, various states modeled some of their assets and enterprises after business enterprises. In 2003, for example, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system

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Google-owner Alphabet passes Apple to be world's most valuable company

GOOGLE-RESTRUCTURING/

Google's parent company posted strong earnings after stock markets closed on Monday, numbers that were good enough to push its stock up enough to make the company worth more than Apple.

Tim Hortons, Burger King to source all eggs from cage-free hens by 2025

Eggs

Animal welfare organizations cheered news from the parent company of Tim Hortons and Burger King that the chains will serve only cage-free eggs at all of their North American locations by 2025.

Tax agency staffer gone after taxpayer data leaks to CSIS

Errant Tax Files

No one's saying much about what happened and who's been held accountable for several breaches of taxpayer privacy at the Canada Revenue Agency.

'Niche' news may be a bright spot in the future of journalism

Postmedia

The newspaper industry has been hard hit recently, with layoffs at Postmedia, a strike by workers at the Halifax newspaper the Chronicle Herald, and the closure of newspapers in Nanaimo, B.C. and Guelph, Ont. But some news outlets are turning to alternate funding models and focuses to remain viable.

There are good reasons why airport food is so bad

A NEW ranking of restaurants in American airports has been released by the makers of AirportXP, a market-research smartphone app. Based on the responses of around 88,000 of its users, it found that Honolulu is the worst airport in the country for a pre-flight meal, followed by Washington Reagan and Los Angeles. Tampa, Salt Lake City and Minneapolis St. Paul, meanwhile, came top.

According to Scott Ludwigsen, an executive at AirportXP, air travellers “are very discerning when it comes to the choices they have in food and beverage”. Those are not the words Gulliver would use. Things are improving, but being voted the best airport for food is still a bit like being voted the least-fatuous Kardashian: you only look good in comparison with your flaky peers. No one would choose an airport restaurant over its equivalent in the real world.

There are many reasons why airport dining is so terrible. For a start, there is rarely...Continue reading