Starbucks CEO Can't Repeat Chipotle Stock Magic
Brian Niccol's $100 million hiring sparked a 20% stock surge, but operational challenges at Starbucks proved deeper than expected, stalling the rally and testing investor patience.
Category : Business
OC Transpo Software Update Disrupts Presto Cards, U-Passes
A recent software update to OC Transpo's fare readers caused temporary issues with Presto cards and U-Passes in Ottawa, affecting commuters across the transit system.
SpaceX IPO Creates Confusion for Private Share Buyers
SpaceX's initial public offering has led to confusion among private share buyers, who are unsure about the specifics of their ownership stakes in the company.
GTA Gas Prices to Rise 7 Cents Thursday After Midnight Drop
Gas prices in the Greater Toronto Area are set to increase by 7 cents per litre on Thursday, following a significant overnight drop of 13 cents, according to petroleum analyst Roger McKnight.
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Windsor's $16.8M Downtown Housing Project Adds 48 Units
The City of Windsor announces a major $16.8 million housing development called Pelissier Park, creating 48 new residential units in the downtown core to address housing needs.
Trans Mountain to Hold Open Season for Expansion Plans
The federally owned Trans Mountain pipeline, operating at 96% capacity, will hold an open season to assess customer interest for two expansion projects aimed at boosting capacity by over 30%.
American Thanks Canadian Pilots for LaGuardia Crash Sacrifice
Rachel Mariotti, a Brooklyn resident, expresses profound gratitude to the two Canadian pilots who died in the Air Canada collision at LaGuardia Airport on March 22, 2026.
Trump Fights to Keep JPMorgan Lawsuit in Florida
Former President Donald Trump argues his $5 billion lawsuit against JPMorgan Chase should remain in Florida, claiming CEO Jamie Dimon personally directed account closures after the 2021 Capitol riot.
TSX Jumps 300 Points, U.S. Stocks Climb in Broad Market Rally
The S&P/TSX composite index soared by nearly 300 points, with U.S. stock markets also posting significant gains, driven by positive economic indicators and corporate earnings.
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Nova Scotia, Halifax Launch $473K Road Congestion Review
The Nova Scotia and Halifax governments have initiated a $473,000 comprehensive review to address traffic congestion on the region's busy roads, aiming to improve transportation efficiency.
Trump Fights to Keep JPMorgan Lawsuit in Florida Court
Former President Donald Trump argues his $5 billion 'debanking' lawsuit against JPMorgan and CEO Jamie Dimon should remain in Florida, claiming Dimon personally directed account closures after the 2021 Capitol riot.
Gas Prices Rising in Windsor and Chatham-Kent Thursday
Motorists in Windsor and Chatham-Kent will see higher fuel costs beginning Thursday, coinciding with federal carbon tax rebate distribution across Canada.
Meta Increases Executive Pay with Stock Options as AI Race Heats Up
Meta Platforms has significantly raised compensation for its top executives through stock option grants, a strategic move to retain talent and drive innovation in the fiercely competitive artificial intelligence sector.
OPP Blitz Nails 700+ Drivers for Tint and Plate Violations
Ontario Provincial Police's Caledon Detachment concludes an eight-day enforcement campaign targeting vehicle anonymity, issuing citations for illegal window tints and obscured licence plates during February and March weekends.
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Brookfield, Caisse Acquire Boralex in $9B Renewable Deal
Brookfield Asset Management partners with Caisse de Dépôt et placement du Québec to acquire Quebec-based renewable energy company Boralex Inc. in a transaction valuing the company at approximately $9 billion.
Manitoba Restaurant Group Says Tax Cut Puts Them at Disadvantage
A Winnipeg restaurant association argues Manitoba's recent tax reduction unfairly benefits some businesses while leaving others struggling with higher costs and competitive imbalance.
Gold Gains as Traders Weigh Ceasefire Talks and Market Factors
Gold prices continue to rise after breaking a losing streak, with traders evaluating U.S.-Iran ceasefire prospects while facing headwinds from investor positioning, Middle East demand, and rate hike expectations.
TSA Officers Scrape By Without Pay, Use Food Banks
TSA officers across the United States are facing severe financial hardship due to unpaid work, with many turning to food banks for groceries as they struggle to make ends meet.
Public Stocks Boost Canada's Pensions as Private Equity Lags
A Bloomberg analysis reveals that stock portfolios of at least four major Canadian pension funds have driven returns for three consecutive years, outperforming private equity amid a prolonged deal drought and market volatility.
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Hydro-Québec Seeks Input on Nova Scotia Wind Farm Grid Link
Hydro-Québec is soliciting public feedback on plans to connect its grid with proposed wind farms in Nova Scotia, aiming to enhance renewable energy sharing across Eastern Canada.
Sudbury Pothole Crisis Ignites CAA Worst Roads Contest
Greater Sudbury residents report the worst road conditions in years as hidden potholes emerge from melting snow, coinciding with the start of CAA's annual Worst Roads competition.
Trans Mountain Launches Bidding to Add Pipeline Capacity
Canada's Trans Mountain pipeline has initiated a bidding process to increase its shipping capacity from Alberta to British Columbia's west coast, marking a key step in energy infrastructure development.
Swiss Bank Falls in Venezuela-Iran Money Laundering Scandal
A small Swiss bank's downfall reveals a dirty money trail from Venezuela to Iran, exposing regulatory failures and undermining Switzerland's financial cleanup efforts.
Amazon Big Spring Sale 2026: Deep Discounts Now Live
Amazon's Big Spring Sale 2026 runs from March 25 to 31, offering significant savings on tech, beauty, wellness, home goods, and more. Unlike Prime Day, many deals are available to all shoppers, not just Prime members.
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Stocks Up, Oil Down Amid Iran War-Driven Wall Street Swings
Financial markets experience continued turbulence with stock gains and lower oil prices, reflecting investor uncertainty over the ongoing war with Iran and its economic impacts.
Ottawa Advises Against Mandatory Affordable Housing Near Transit
City of Ottawa staff recommend not implementing mandatory affordable housing requirements around transit stations at the outset, sparking debate on housing policy and urban development.
Gas Prices to Rise Thursday After 13-Cent Drop in Ottawa
Motorists in Ottawa face a price hike at the pumps on Thursday, following a temporary 13-cent decrease today. Experts cite global market fluctuations and geopolitical tensions as key drivers behind the volatile fuel costs.
RapidDirect Enhances NPI Solutions for Faster Product Launches
RapidDirect announces strategic expansion of its New Product Introduction framework, leveraging AI-driven tools and cross-process integration to accelerate product development from concept to market.
Ontario Plans Full HST Break on New Homes in Budget
Ontario plans to eliminate the full 13% HST on new homes up to $1 million, with federal collaboration, as part of its 2026 budget to boost housing affordability.
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Canada's Downsizing Debate: Staying Put Still Dominates
As millions of Canadian empty nesters age, the downsizing debate intensifies. While luxury rental options target this demographic with premium amenities, financial barriers and product scarcity keep most homeowners in place.
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