Elon Musk becomes first person worth $700 billion
Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.
Category : Corporate News
Ex-NHLer Gets Green Light for Horse Carriage Business
A former National Hockey League player has received official approval to operate a unique horse-drawn carriage service. Discover how sports and tradition are merging in this new Canadian venture.
Elon Musk's $139B pay deal restored by judge
A Delaware judge has reinstated Elon Musk's monumental 2018 compensation package worth $139 billion, concluding a years-long legal dispute. Explore the details and implications.
BrandSafway Ranked 6th Top Specialty Contractor by ENR
Engineering News Record ranks BrandSafway sixth globally among specialty contractors. The firm has held a top-ten spot for 17 years, supporting iconic projects from Toronto to Norway.
French court rejects suspension of Shein platform
A Paris court has dismissed a legal bid to suspend the Chinese fast-fashion giant Shein's operations in France. The decision allows the platform to continue its business amid ongoing scrutiny.
IPS to Acquire TechPro Power Group in Strategic Deal
Integrated Power Services (IPS) has agreed to acquire TechPro Power Group, creating a powerhouse with over 2,200 technicians to serve data centers, utilities, and industrial sectors across North America.
WildBrain sells Peanuts stake to Sony for $630M
Canadian media company WildBrain has sold its major stake in the iconic Peanuts franchise to Sony for $630 million. Discover the details and implications of this major entertainment deal.
BP's Canadian CEO Ousted in Strategy Clash with Chair
BP abruptly replaced CEO Murray Auchincloss after repeated clashes with new chair Albert Manifold over the oil giant's strategic direction. Read the inside story of the leadership shakeup.
Nike's China Struggles Continue, Shares Slump
Nike faces deepening challenges in China as its business turnaround stagnates, leading to a significant drop in its stock price. Analysis of the sportswear giant's ongoing conundrum.
BlackBerry reports Q3 profit of US$13.7 million
Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.
Air Transat Q4 loss amid shareholder board shakeup calls
Air Transat reports a $12.5 million net loss for Q4, a 130% year-over-year decline, as major shareholder Pierre Karl Péladeau pushes for a board restructuring. Key financial details and the upcoming shareholder meeting.
SAQ reports $336.5M Q2 net income, down 0.4%
The Société des alcools du Québec reports a slight year-over-year decline in second-quarter net income to $336.5 million. Explore the financial details and context for the provincial crown corporation.
Air Transat reports $12.5M net loss in fourth quarter
Air Transat announced a net loss of $12.5 million for its fourth quarter, despite generating $771.6 million in revenue. The Montreal-based airline continues to navigate post-pandemic recovery challenges.
Trump Media Merges with Nuclear Fusion Company
Trump Media, parent of Truth Social, announces a strategic merger with a nuclear fusion firm. Explore the details and potential impact of this unexpected business move.
Transat reports $12.5M Q4 loss after year-ago profit
Air Transat parent company Transat A.T. reported a $12.5 million loss in its fourth quarter, a sharp reversal from a $41.2 million profit a year earlier. The results highlight ongoing challenges in the aviation sector.
BP names Meg O'Neill as new chief executive officer
British energy giant BP selects Meg O'Neill as its next CEO, effective April 2026, continuing a significant corporate restructuring. Get the details on the leadership change.
Accenture Beats Q1 Revenue Estimates on AI Demand
Accenture exceeded Wall Street's first-quarter revenue expectations, driven by robust demand for its AI-powered IT services. The company is advancing its strategy to capture greater market share.
B.C. EV company pays $35K to settle securities violations
A Vancouver electric vehicle company has paid a $35,000 penalty to the B.C. Securities Commission to resolve regulatory violations. Learn the details of the settlement.
Loto-Québec CEO says internet not a threat to lottery
The CEO of Loto-Québec asserts that digital platforms are not harming the provincial lottery's business, addressing concerns about online competition. Read the full statement.
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.
Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Warner Bros. Rejects Paramount Bid as 'Inferior' to Netflix Deal
Warner Bros. Discovery's board advises shareholders to reject Paramount's hostile takeover, citing 'inadequate' value and financing risks. The board unanimously backs the existing Netflix merger agreement.
Diageo sells Kenya unit to Asahi in strategic deal
Global spirits giant Diageo has agreed to sell its Kenyan drinks subsidiary to Japan's Asahi Group. This strategic move reshapes Diageo's African portfolio. Read the full details of the deal announced in December 2025.
General Mills Beats Quarterly Sales Estimates
General Mills reports stronger-than-expected quarterly sales, demonstrating resilience in the consumer goods market. Read the full analysis of their performance and market outlook.
Warner Bros. Backs Netflix Bid Over Paramount Takeover
Warner Bros. advises shareholders to choose Netflix's $72 billion acquisition over a hostile bid from Paramount Skydance. The deal could reshape Hollywood's streaming and media landscape. Learn the details and potential impacts.
Warner Bros. Discovery Rejects Paramount Bid
The board of Warner Bros. Discovery has formally rejected an unsolicited takeover bid from rival Paramount Global. The decision, announced on December 17, 2025, leaves the media giant's current strategic path intact.
ServiceX Sues Startup Over 'Twitter' Brand Bid
ServiceX Corp files a lawsuit against a social media startup attempting to claim the 'Twitter' brand. Get the latest details on this major intellectual property dispute.
BRP appoints Denis Le Vot as new CEO
Canadian powersports giant BRP Inc. has appointed automotive veteran Denis Le Vot as its new CEO, effective February 2025. The move, praised by analysts, brings deep international and automotive experience to the Ski-Doo and Sea-Doo maker.
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.
AIMCo names Ray Gilmour as permanent CEO
Former senior bureaucrat Ray Gilmour has been confirmed as the permanent Chief Executive of Alberta Investment Management Corp. (AIMCo) after serving as interim CEO since a major board and management shakeup in late 2024.
Page 1 of 10