Musk's SEC Twitter Lawsuit Dismissal Bid Rejected
A federal judge has denied Elon Musk's attempt to dismiss an SEC lawsuit alleging he delayed disclosing his Twitter stake, costing shareholders over $150 million.
Category : Corporate News
Toys 'R' Us Canada Files for Creditor Protection
The Canadian subsidiary of the iconic toy retailer has filed for creditor protection, marking a significant development in the nation's retail landscape as it navigates financial restructuring.
Disney Names Josh D'Amaro as New CEO, Replacing Bob Iger
Disney announces Josh D'Amaro, current parks chief, will become CEO on March 18, 2026, succeeding Bob Iger. D'Amaro takes over amid streaming profitability and political challenges.
SaskEnergy Fires 13 Employees Over Fuel Theft
Saskatchewan's natural gas utility has dismissed 13 employees following an investigation into internal fuel theft that occurred between 2024-2025, with financial impact still being assessed.
Ex-Starbucks Exec Sues Over Firing After Maggot Report
A former Starbucks executive alleges she was terminated after reporting maggots in equipment and safety concerns, filing a lawsuit against the coffee giant.
Paramount CEO Skips Senate Hearing on Warner Bros. Merger
Paramount Skydance CEO David Ellison declined to testify at a Senate antitrust hearing about the Netflix-Warner Bros. merger, calling it anti-competitive while defending his own bid.
Walmart Hits $1 Trillion Market Value Milestone
Walmart has become the first retailer in history to reach a market capitalization of US$1 trillion, marking a significant achievement in the retail sector.
GDI Investors Oppose Birch Hill Takeover as Too Low
Two significant shareholders in GDI Integrated Facility Services Inc. are rejecting a privatization offer from Birch Hill Equity Partners, calling the $36.60 per share bid insufficient and unfair to investors.
Musk Merges SpaceX and xAI in $1.25 Trillion Deal
Elon Musk combines SpaceX and xAI to create the most valuable private company ever, aiming for space-based AI infrastructure and a blockbuster IPO.
Josh Amaro Named Disney CEO, Replacing Bob Iger
The Walt Disney Company has announced that Josh Amaro, current head of Disney Parks, will take over as CEO from Bob Iger in 2026, marking a major leadership transition.
Disney Appoints Josh D'Amaro as New CEO
Walt Disney Company appoints Josh D'Amaro, head of its parks division, as CEO to succeed Bob Iger, facing challenges from AI, streaming competition, and labor negotiations.
PepsiCo Cuts Prices on Lay's, Doritos After Backlash
PepsiCo announces price reductions of up to 15% on core snack brands like Lay's and Doritos, responding directly to consumer resistance against prior hikes.
Apollo Invests in Canadian Fitness Giant GoodLife
U.S. investment firm Apollo Global Management makes minority investment in Canada's GoodLife Fitness, valuing the company at approximately $2 billion.
NS Power Faces Class-Action Over Data Breach, Billing
A class-action lawsuit is being proposed against Nova Scotia Power following a data breach and billing problems, with legal action seeking accountability for affected customers in Halifax.
Sask. Housing Corp Fires Manager for $10K Bogus Claims
The Saskatchewan Housing Corporation has terminated a Lloydminster manager after discovering approximately $10,000 in fraudulent expense claims, highlighting internal accountability measures.
Disney Shares Fall on Tepid Forecast and CEO Search
Walt Disney Co. shares declined after the entertainment giant issued a modest growth forecast for its parks division and faces leadership transition challenges as Bob Iger prepares to step down.
SaskEnergy Suspends 13 Employees in Fuel Theft Probe
SaskEnergy has suspended thirteen employees in Regina as part of an internal investigation into alleged fuel theft. The utility confirms the suspensions are connected to the ongoing probe.
Corus to Seek Court Approval for Recapitalization Deal
Corus Entertainment will ask an Ontario court to approve its recapitalization plan after failing to secure sufficient shareholder support in a recent vote, as the media company navigates financial restructuring.
Tyson Foods Beats Profit Estimates on Chicken Demand
Tyson Foods reported quarterly profits exceeding analyst expectations, fueled by robust consumer demand for chicken products, as the company navigates market dynamics.
Disney Q1 Powered by 'Zootopia 2' and 'Avatar' Hits
The Walt Disney Company reports strong first-quarter performance for 2026, driven by major box office successes from its animated and sci-fi film franchises.
ESAB to Buy Canadian Eddyfi for $1.45 Billion
Welding equipment giant ESAB Corporation announces a definitive agreement to purchase Canadian non-destructive testing instrument manufacturer Eddyfi Technologies for US$1.45 billion.
Capgemini Sells Subsidiary Amid U.S. Immigration Crackdown Anger
French IT giant Capgemini announces the sale of its subsidiary involved with U.S. Immigration and Customs Enforcement, following public outrage over recent border incidents.
Disney, Canada Goose Earnings in Focus This Week
Investors await quarterly results from entertainment giant Disney and Canadian outerwear leader Canada Goose, highlighting a key week for corporate earnings and market sentiment.
GTA Men Charged in Fake Contracting Company Fraud
Peel Regional Police have laid charges against two Greater Toronto Area men for allegedly operating a fraudulent contracting company, highlighting ongoing efforts to combat financial crimes in the region.
Hootsuite Targeted in Anti-ICE Protest; Pattison Cancels Deal
The Jimmy Pattison conglomerate reverses course on selling a Virginia warehouse to ICE amid public backlash, while Vancouver's Hootsuite faces protests. Multiple Canadian news updates across politics, business, and environment.
Peloton Cuts 11% of Staff in Cost-Cutting Push
Fitness technology company Peloton is reducing its global workforce by 11% as part of a comprehensive cost-cutting strategy, according to a company spokesperson.
Alberta Separatism Would Create $600B Debt Crisis
Edmonton Chamber of Commerce warns an independent Alberta would start with $600 billion debt, taking decades to recover economically while already driving away investment.
Gold Rush 2026: Consumer Trends and Value Swings
A significant increase in consumer activity around gold buying and selling is underway. This article explores the factors driving this rush, the volatility in gold's value, and essential insights for investors and individuals navigating this precious meta
Rio Tinto, Glencore Extend Deadline for Mega Merger Talks
Rio Tinto Group and Glencore Plc are negotiating to extend their deadline for merger talks, aiming to create the world's largest mining company amid copper price surges.
Canada to Reclaim GM Funds After Ontario Layoffs
Industry Minister Melanie Joly announces Canada will seek to recover millions in funding from General Motors after the automaker cuts 500 jobs at its Oshawa truck plant.
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