All day long I add up columns of figures and make everything balanced. I come home. I sit down. I look at a Kandinsky and it's wonderful -- Solomon R. Guggenheim

On this day in 1959, the cylindrical Solomon R. Guggenheim Museum building in Manhattan opened to large crowds. The Frank Lloyd Wright-designed modern art museum was financed by tycoon Solomon Robert Guggenheim (1861-1949). It features a spiral walkway and curvilinear slope and has become a cultural landmark. But it caused alarm once the plans were known.  Artists such as  Willem de Kooning, Franz Kline and Robert Motherwell collaborated on a letter warning that the design was "not suitable for a sympathetic display of painting and sculpture."  

BOMBARDIER'S LATEST JOB CUTS

Our Top Line is the massive job-cutting plan at Bombardier, Inc. (BBDb.TO). The plane and train maker plans to cut 7,500 jobs globally through the end of 2018. At 9:05 a.m. ET, we’ll get analysis from AltaCorp analyst Chris Murray.

Finally, an employee at scandal-plagued Wells Fargo (WFC.N) says she felt under so much pressure to meet quotas that “she started drinking hand sanitizer as a way to cope.”

A JAPANESE RETAILER'S NORTH AMERICAN EXPANSION 

We’re all about cutting-edge on BNN today as we explore new ways of living, eating and generating power. At 9:50 a.m. ET, we'll interview Satoru Matsuzaki, president of the Japanese firm Ryohin Keikaku, which is sprinkling the Toronto area with its minimalist Muji stores.

The retailer is said to “practice a brand of green activism [that] is quiet and introspective.”

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Are You a Financial Advisor?

As we approach the final months of 2016, BNN’s Catherine Murray looks at some of the best ways to utilize TFSAs and RRSPs - and the tax implications that are making the TFSA extremely popular among high-net-worth clients.

Compensating advisors for selling mutual funds and ETFs

Sponsored: What to do with the Family Cottage?

Explaining life cycle investing to clients

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INFLATION RISES IN SEPTEMBER

Meanwhile, we heard this morning that core inflation in Canada last month was up 1.8 per cent, in line with estimates. We got reaction from Scotiabank currency strategist Shaun Osborne, who is cautious on oil prices and told us that the loonie is vulnerable.

If the Bank of Canada’s Stephen Poloz is thinking of cutting borrowing costs once again to juice the economy, Toronto-Dominion economists think he should hold off.

“An interest rate cut would likely do little to nothing to spur exports, while potentially undoing much of the impact of recent housing market rule changes, spurring further financial stability risks,” they warn.

VERTICAL FARMING 

At 11:40 a.m. ET on Commodities we’ll be joined by David Rosenberg, co-founder of AeroFarms, which is building what’s said to be the world’s largest indoor vertical farm in New Jersey.

Using a nutrient-filled mist and growing lamps, it will grow salad greens, kale and herbs without sun or soil.

And at 11:20 a.m. ET, we'll check in with Martin Greenwald of MIT's Plasma Science and Fusion Center, which has been pursuing the dream of clean nuclear energy. The centre says it just set a new record for plasma pressure, key ingredient to producing energy. However, its funding has been withdrawn.

More exciting innovation in financial services!

Every morning Commodities host Andrew Bell writes a ‘chase note’ to BNN's editorial staff listing the stories and events that will be in the spotlight that day. Have it delivered to your inbox before the trading day begins by heading to www.bnn.ca/subscribe.