Category : Search result: corporate bankruptcy


US companies move to Canada due to policy shifts

American companies including brewing schools and distilleries are relocating to Canada, driven by US policy changes on visas, trade, and regulations. Discover why Canada is becoming attractive.

Armani appoints new board after designer's death

The Armani fashion group has established a new board of directors to steer the company's future following the passing of its legendary founder, Giorgio Armani. Discover the strategic vision.

Shopify lays off staff to keep team focused

Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.

WSIB Moves into New London Headquarters

The Workplace Safety and Insurance Board establishes its new London headquarters at 300 Tartan Drive, marking a significant development for the city's business landscape.

Crypto Hoarders Dump Tokens Amid Market Rout

Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.

TSMC files lawsuit against former executive

Taiwan Semiconductor Manufacturing Company takes legal action against former executive over security concerns. Learn about the implications for global tech security.

Couche-Tard Q2 Earnings Hit US$740.6M

Alimentation Couche-Tard reports impressive Q2 earnings of US$740.6 million, showing significant growth from previous year. Discover the details behind this retail success story.

Apple Cuts Sales Jobs in Rare Layoff

Apple Inc. has eliminated dozens of sales roles in a rare organizational layoff, streamlining its approach to business, education, and government clients.

AI Debt Wave Threatens Credit Markets

Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.

Sonder: From McGill dorm startup to bankruptcy

The dramatic rise and fall of Sonder, the Montreal-born hospitality startup that challenged Airbnb before filing for bankruptcy in 2025. Learn how a student side hustle became a billion-dollar company.

Plantro bids $384M to acquire Dye & Durham

Investment firm Plantro proposes $384 million acquisition of legal tech company Dye & Durham, offering more than double the current share price amid company's financial challenges.

Verizon cutting 13,000 jobs in company reorientation

Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.

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