CAE posts $110.6M loss, announces major restructuring
Montreal's CAE Inc. reports a $110.6 million quarterly loss and unveils a $100 million restructuring plan focused on streamlining operations and leadership under new CEO.
Category : Search result: corporate debt
Cirque du Soleil appoints Mark Cornell as CEO
Cirque du Soleil announces Mark Cornell as its new President and CEO, marking a new chapter for the iconic Montreal-based entertainment giant. Discover the latest leadership change.
AI Spending Fears Hit Big Tech Bond Market
Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.
Carney's Eurovision Budget Sparks Fiscal Outrage
PM Mark Carney faces criticism for allocating $150M to CBC's Eurovision participation while Canada faces $1B weekly debt interest payments. Read the budget analysis.
Tesla investors approve Musk's $878 billion pay package
Tesla shareholders have approved Elon Musk's massive $878 billion compensation package. Chair Robyn Denholm thanks investors for their support in this landmark decision for the electric vehicle giant.
Tesla shareholders approve Musk's $87.8B pay plan
Tesla investors have overwhelmingly approved Elon Musk's massive pay package, valued at approximately US$87.8 billion, in a landmark shareholder vote that could reshape the company's future leadership.
Tesla investors approve Musk's $87.8B pay package
Tesla shareholders have overwhelmingly approved Elon Musk's record-breaking compensation package while also greenlighting the company's move to Texas in a decisive victory for the controversial CEO.
Notified Boosts News Integrity with Identity Verification in Canada
Notified introduces mandatory identity verification for all GlobeNewswire press releases in Canada, combating misinformation and enhancing news credibility for journalists and the public.
Canadian Tire boosts dividend despite Q3 profit decline
Canadian Tire announces dividend increase amid third-quarter profit decline driven by one-time charges. Retail giant shows retail sales growth while navigating economic challenges.
Ontario's Debt Crisis: Ford's Fiscal Test Ahead
As Ontario's debt balloon approaches $500 billion, pressure mounts on the Ford government to deliver fiscal responsibility in the upcoming fall economic statement. Experts warn of serious consequences without immediate action.
Tesla Vote: Musk's $56B Pay Package Decision
Tesla shareholders face a monumental decision on Elon Musk's unprecedented $56 billion compensation package that could create the world's first trillionaire or trigger his departure from the electric vehicle giant.
Canadian Executives Divided Over Budget 2025 Impact
New survey reveals Canadian business leaders are deeply divided over the federal government's Budget 2025, with opinions split on competitiveness, investment climate, and economic direction.
Brian Rosen Leads Colliers in US Northeast & Canada
Global real estate giant Colliers announces strategic leadership appointment with Brian Rosen taking helm of key North American markets, bringing 25+ years of industry expertise.
Canada's 2025 Budget Focuses on Millennials and Gen Z
The upcoming federal budget introduces sweeping changes aimed at helping younger Canadians facing housing affordability, student debt, and climate anxiety. Discover how new policies could reshape financial futures for millennials and Gen Z.
Chiefs of Staff: The Hidden Force in Corporate Leadership
Discover how chiefs of staff have become the invisible force driving corporate strategy at Fortune 500 companies, wielding unprecedented influence without the public spotlight.
American Airlines Cuts Management at Texas HQ
American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.
Hydro-Québec Researcher Testifies in Spying Trial
Exclusive courtroom coverage as Yuesheng Wang, former Hydro-Québec researcher, testifies in groundbreaking Chinese spying case that could reshape Canadian corporate security.
Major Tesla investor rejects Musk's $56B pay package
A prominent Tesla investor announces plans to vote against Elon Musk's massive compensation package, calling it 'incomprehensible' amid company challenges.
Norway Wealth Fund Opposes Musk's $56B Tesla Pay Deal
World's largest sovereign wealth fund joins growing opposition to Musk's controversial compensation deal ahead of Tesla shareholder vote.
Canada's 2024 Budget: Doing Less With Less
An in-depth look at Canada's 2024 federal budget reveals shrinking fiscal capacity, reduced spending power, and concerning economic trends that could impact every Canadian taxpayer.
Bradford employer rescues stranded employees from Jamaica
A Bradford manufacturing company goes above and beyond to bring home employees stranded in Jamaica after devastating hurricane, showcasing extraordinary corporate compassion during crisis.
Kimberly-Clark Buys Kenvue in $32B Deal
In a landmark move shaking up the consumer products industry, Kimberly-Clark completes acquisition of Kenvue, forming a powerhouse expected to generate $32 billion in annual revenue.
Corus Entertainment Announces Debt-for-Equity Recapitalization
Canadian media giant Corus Entertainment announces groundbreaking recapitalization strategy, converting substantial debt into shares while securing new financing to navigate evolving broadcast landscape.
Canadian Household Credit Strain Reaches Critical Levels
New data reveals Canadian households are increasingly struggling with credit payments as economic pressures mount. Delinquency rates climb while borrowing slows dramatically.
Fired Olympic Oval director sues Richmond city and board
Former Richmond Olympic Oval board member files lawsuit against city and corporation, claiming wrongful termination and seeking damages for reputational harm and breach of contract.
Jamie Dimon: The Wall Street Conqueror
Discover how Jamie Dimon transformed JPMorgan Chase into a global banking powerhouse and became Wall Street's most influential CEO through crisis leadership and strategic vision.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Leadership Drives Profit: The Untold Business Connection
Discover how effective leadership directly impacts company performance and profitability, with expert insights from employment lawyer Howard Levitt on what separates successful organizations from struggling ones.
Canadian Taxpayers Brace for Trudeau Budget Impact
As the federal government prepares its next budget, concerns mount over continued deficit spending and its impact on Canadian households already struggling with affordability.
Meta's $10 Billion Bond Sale: Strategic Financing Move
Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.
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