Kraft Heinz CEO Hire Points to Major Asset Sales, Split
Kraft Heinz appoints Steve Cahillane, architect of Kellogg's breakup, as new CEO. Analysts see move as prelude to major asset sales and corporate split. Get the full story.
Category : Search result: corporate split
Kraft Heinz CEO Replaced Ahead of 2026 Company Split
Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.
Kraft Heinz names Steve Cahillane as new CEO
Packaged food giant Kraft Heinz has named industry veteran Steve Cahillane as its new Chief Executive Officer, a strategic move announced just before the company's planned split into two independent public entities. Discover the implications for the Canad
Netflix's Big Unanswered Question Threatens Warner Bros. Deal
A major unresolved issue at Netflix could derail its potential deal with Warner Bros. Discovery. Get the latest details on this high-stakes Hollywood negotiation.
Element Fleet Management buys Car IQ tech firm
Element Fleet Management Corp. announces deal to acquire San Francisco-based vehicle payment technology company Car IQ, expanding its financial service capabilities for commercial fleets.
Goldman: AI Credit Impact Varies by Bond Market Tier
Goldman Sachs analysis reveals AI's divergent credit risks in investment-grade and high-yield markets. Discover the key implications for investors and corporate debt.
U.S. owner says no plans to sell major Russian agriculture firm
The American owner of a leading Russian agricultural company announces it will not sell its stake, highlighting complex international business ties. Get the full details on this developing story.
Microsoft to increase Microsoft 365 prices for commercial clients
Microsoft announces a global price increase for its Microsoft 365 productivity suites for business and government customers, effective July 2026. Learn what this means for Canadian organizations.
Ivanović Divorces Schweinsteiger Over Affair Reports
Former tennis star Ana Ivanović has filed for divorce from ex-soccer pro Bastian Schweinsteiger following reports of his alleged affair. Get the full story on the sports super-couple's split.
Canfor Corp. Makes Offer for Remaining Canfor Pulp Stake
Canfor Corp. has made a formal offer to acquire the remaining stake in Canfor Pulp it does not already own, a major consolidation move in the Canadian forestry sector. Read the details.
Paramount calls Warner Bros. sale process 'tainted'
Paramount alleges Warner Bros. Discovery's sale process is unfair and favours Netflix, raising concerns over management conflicts. Get the latest on the media giant bidding war.
AMC CEO Adam Aron to Stay in Charge Following Stroke
AMC Entertainment CEO Adam Aron will continue leading the world's largest theatre chain after suffering a stroke, the company confirmed. Get the latest details on his recovery and the firm's leadership stability.
U.S. Stocks Steady Near Records on Mixed Earnings
U.S. equity markets hover near all-time highs as a wave of corporate profit reports delivers mixed signals. Key indices hold steady, reflecting investor caution and optimism.
Donors Dodge Questions on Trump's $300M Ballroom Funding
Corporate donors, including tech giants, gave millions for Trump's White House ballroom but are refusing to disclose details. Senator Blumenthal's investigation reveals evasive responses and public opposition.
Microsoft stock dips on report of lower AI tool demand
Microsoft shares fell after a report indicated lower-than-expected business spending on AI tools, highlighting corporate skepticism about cost savings and accuracy. Read the full analysis.
UPS safety questioned after fatal 2025 plane crash
A lawyer alleges UPS put profits before safety, leading to a crash that killed 14 in Louisville. Get the latest on the investigation and allegations.
Telus Halts Dividend Increases, Focuses on Share Price
Telus Corp. suspends its dividend growth plan, prioritizing share price alignment with growth prospects. The telecom giant expects free cash flow to rise. Full details inside.
Macy's lifts annual targets as turnaround gains traction
Macy's has increased its full-year profit and sales outlook for the second time, signaling a resurgence in consumer demand driven by strategic revitalization efforts. Discover the key figures behind the retailer's recovery.
Costco Sues Over Trump Tariffs for Refund Guarantee
Costco and dozens of other major companies are suing the Trump administration to secure refunds if the Supreme Court strikes down controversial global tariffs. Read the latest on this high-stakes trade battle.
Canada's Wealthiest Families Buy HBC Charter for $18M
The Thomson and Weston families' joint $18 million bid for the historic Hudson's Bay Company Royal Charter goes uncontested. The document will be donated to Canadian museums. Read the full story.
Alectra Celebrates Fifth Year as Top GTA Employer
Alectra Inc. has been recognized as a Greater Toronto Area Top Employer for the fifth consecutive year, highlighting its commitment to employee wellness, community investment, and clean energy innovation.
Starbucks settles NYC labour claims for $35 million
Starbucks agrees to pay approximately $35 million to settle claims it violated New York City labour laws. The settlement resolves allegations of scheduling and pay violations for thousands of workers.
Gildan completes HanesBrands acquisition, doubling size
Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.
Péladeau demands board seat at Transat
Quebecor CEO Pierre Karl Péladeau pushes for changes on Transat's board of directors, seeking a seat for himself. Get the latest on this corporate power play.
Péladeau calls for Transat shareholders' meeting
Quebecor CEO Pierre Karl Péladeau has formally requested a shareholders' meeting for Transat A.T. Inc., signaling a potential strategic shift. Explore the implications for Canadian business.
Wood Mackenzie Names New Chief Commercial Officer
Wood Mackenzie, a global energy data leader, appoints Danny Dunn as its new Chief Commercial Officer, bringing over 25 years of tech and data industry experience to drive growth.
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.
MaxWell Realty Signs 10-Year Calgary Soccer Centre Deal
Calgary's original soccer centre gets new identity through 10-year naming rights agreement with MaxWell Realty, generating revenue for facility maintenance.
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.
Boehringer Ingelheim Names New Board Member for IT
Boehringer Ingelheim announces Harsha Deshmukh's appointment to Board of Managing Directors for IT and Global Business Services effective February 2026.
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