Alcatel buying Lucent for $13.5 billion

The French telecom company Alcatel is buying Lucent in what is reported to be a $13.5 billion acquisition made to improve R&D capabilities in both organizations. Lucent’s CEO, Patricia Russo, doesn’t speak French but will become the new CEO of the Paris-based giant. I wonder how well that’s going to work out. It will beContinue reading “Alcatel buying Lucent for $13.5 billion”

Building and rebuilding in the GTA

The Toronto Star has two stories on their front page today about development in Toronto and the surrounding area worth noting. The West Don Lands development is a community being built over derelict industrial buildings east of downtown. And Vaughan’s proposed corporate centre and downtown is an idea that is seeing the light of dayContinue reading “Building and rebuilding in the GTA”

Toronto’s subway a likely terrorist target

A focus group study by the Federal government has highlighted the common belief amongst urban Canadians that Toronto’s subway is the most likely target for terror in this country. And the inventor of pointing out the obvious rests comfortably in his or her grave. “For many, Toronto’s size, international profile and economic and financial importanceContinue reading “Toronto’s subway a likely terrorist target”