Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come up with the questions, and you can show us what you know.
This week in business and investing: The former chief executive officer of a noted Canadian company came out of retirement to retake the reins of a business she started more than three decades ago, after the previous boss quit – just one year into the gig. The last year has been fairly tumultuous for the company, with leadership shakeups, a cyberattack, the exit of half of its board and competitive pressures in the industry.
Meanwhile, a U.S.-based software company also attempted to bring back former staffers – this time, employees that were part of mass layoffs. The business offered relatively plush perks, as part of its pitch to ex-staffers to return. Elsewhere, borrowing costs remain sky-high, and a Canadian province wants to separate – from the federal pension program, that is.
Do you remember these stories? Take our quiz below to test your recall for the week ending Sept. 21.
1‘If you want to bring in the ______ CEOs and whip them with wet noodles, you can do that,’ Prof. Christopher Ragan said about executives from which industry?
d. Oil and gas
a. Grocery. Prof. Ragan was referring to the move by the federal government to summon grocery chain executives to Ottawa to testify over food inflation (still far above most other components CPI data).
2Founder and former CEO ____ announced she’s coming out of retirement to retake the helm of _____, the company she founded 30 years ago.
a. Arlene Dickinson, Indigo
b. Heather Reisman, Indigo
c. Margaret Atwood, Indigo
d. Arlene Dickinson, Chapters
b. Heather Reisman. It’s the latest in a year of leadership shakeups at the bookseller; in early September, Indigo announced the departure of its CEO and president after just one year in the job.
3The Walt Disney Company said it would be doubling its capital expenditure into its parks division as Disney+ continues to see losses. How much will they invest in parks in the next 10 years?
4Yet another Canadian company was the victim of cyberattacks this week. Which company announced