
Sask. couple spends winter months farming chocolate ingredients in South America
WATCH: A Saskatchewan couple spend the winter months in South America farming chocolate ingredients. Mick Favel has the story.
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Globe and Mail
30 minutes ago
- Globe and Mail
'Only Lean Teams Remaining': Intel Stock (NASDAQ:INTC) Slips as Intel Outsources Marketing
Imagine my surprise to discover that, last year, almost to the day, I made the joke that I was about to make here today. There, I pointed out a Dilbert strip that noted that cutting 'marcom', or marketing / communications, is part of a 'death spiral' for businesses. Chip stock Intel (INTC) decided to let history repeat itself nearly 11 months later by outsourcing its marketing department altogether. Intel shares dropped similarly to what happened the last time they cut marketing, and lost modestly in Friday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Back in August 2024, Intel was planning to cut its marketing department as part of a move to cut costs, a move that has only expanded with the arrival of CEO Lip-Bu Tan. And now, the cuts continue, as Intel moves its marketing operations to Accenture (ACN). As it turns out, Intel will be turning to a combination of Accenture and artificial intelligence (AI) to do the job. Worse, Intel believes that Accenture will '…do a better job connecting with customers than Intel's own marketing organization has,' reports suggest, which is absolutely not a phrase you want on your resume. The result? 'The transition of our marketing and operations functions will result in significant changes to team structures, including potential headcount reductions, with only lean teams remaining,' noted a statement from Intel. There is also a possibility that some elements of Intel's marketing will be obliged to train their replacements. Another Price Cut As bad as the news was for Intel's marketing operations, it did get better for Intel's customer base. Reports noted that Intel had once again cut prices on the Core Ultra 7 265KF processor. This is the second such cut in as many months, reports note. The processor is now not only priced at its lowest level ever, but is now 40% cheaper than it was when it first hit shelves. The downside, for those considering a processor buy, is that the F variants—of which this is one—does not include a graphics processing unit (GPU) included. Thus, those using this processor will need a separate graphics card to go with it. Still, with that kind of price cut, a better graphics card could be added to the list for about the same price, and potentially, some savings as well. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 30.88% loss in its share price over the past year, the average INTC price target of $21.30 per share implies 0.35% upside potential. See more INTC analyst ratings Disclosure Disclaimer & Disclosure Report an Issue


CTV News
35 minutes ago
- CTV News
Saskatchewan exempts Canada Disability Benefit from income assistance programs
The SAID program provides long-term income support and services to those with disabilities. (Pexels) The Government of Saskatchewan has announced that the Canada Disability Benefit will be exempt from its core income assistance programs. This means that people with disabilities can receive up to $200 per month in additional federal income without affecting their provincial income assistance benefits. Social Services Minister Terry Jenson says this will put more money in the pockets of Saskatchewan income assistance clients. 'Our government is committed to supporting people with disabilities, and we brought our Saskatchewan perspective to collaborations with the Government of Canada on this new program,' Jenson said in a news release. The province says as part of the 2025-26 budget, Saskatchewan Income Support (SIS) and Saskatchewan Assured Income for Disability (SAID) benefits have increased by two per cent. The SAID program provides long-term income support and services to those with disabilities. SAID benefits include a living income benefit, disability income benefit, and exceptional need income benefit, varying depending on individual needs. As of April 1, 2025, annual earned income exemptions have been updated to $7,500 for singles, $8,700 for couples, and $9,500 for families


CTV News
36 minutes ago
- CTV News
Chi-Cheemaun ferry adds third daily trip
Northern Ontario Watch The Chi-Cheemaun ferry is now boosting its daily sailings from two to three between Tobermory and Manitoulin Island for the summer. The first crossing arrives at 10:30 a.m., with the last departing at 7:45 p.m. The expanded schedule runs daily until Sept. 1. The iconic vessel is a key tourist link for the Bruce Peninsula and Manitoulin.