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.
Category : Corporate News
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.
Starbucks Sells 60% China Stake in $4B Deal
Coffee giant Starbucks divests 60% of its China business to new consortium in landmark transaction that reshapes Asian retail landscape
CPAB Appoints Sonny Randhawa as Incoming CEO
The Canadian Public Accountability Board appoints Sonny Randhawa as new CEO, bringing extensive financial regulation experience to strengthen audit oversight across Canada.
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.
BC chemical company embroiled in lawsuits after sanctions
A controversial British Columbia chemical distributor is embroiled in multiple lawsuits and international legal battles, revealing a complex web of allegations involving sanctioned substances and corporate intrigue.
Trump May Pardon Binance Founder CZ: Report
Former President Donald Trump is reportedly considering a pardon for Changpeng Zhao, the ousted Binance CEO, raising questions about political influence in cryptocurrency regulation.
Alex Tilley, Tilley Endurables Founder, Dies at 87
Alex Tilley, the visionary entrepreneur who created Canada's iconic adventure hats and built Tilley Endurables into a global brand, has died at age 87 in Toronto.
Marco Mendicino joins Cassels law firm
Marco Mendicino, former chief of staff to Mark Carney and ex-Liberal MP, brings his extensive financial and government expertise to Cassels Brock as a partner in their growing Toronto office.
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.
Calgary man charged in $2 million fraud scheme
A Calgary resident has been charged following an extensive fraud investigation that uncovered nearly $2 million in alleged financial crimes. Discover the details of this sophisticated scheme.
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.
$80K Whipped Cream Theft Stuns Guelph
Guelph police investigate massive theft of whipped cream canisters worth approximately $80,000 in a sophisticated overnight warehouse burglary that has local businesses on alert.
Carney Tours Korean Shipyard for AUKUS Submarine Tech
Former Bank of Canada governor Mark Carney's strategic visit to HD Hyundai Heavy Industries reveals Canada's pivotal role in AUKUS submarine development and clean energy partnerships.
Sheertex Launches Strategic Review Amid Staff Layoffs
Montreal-based Sheertex launches strategic review that could lead to sale amid significant staff layoffs, shaking up the hosiery innovation landscape.
Spin Master Q3 Profit and Revenue Decline
Canadian toy giant Spin Master reports declining third-quarter results as consumer spending shifts and inventory adjustments impact performance across key product lines.
Air Canada Wins Employee Experience Award
Air Canada's innovative employee-centric strategy earns top honors at Customer Centricity World Series Awards, recognizing how investing in staff creates exceptional customer experiences.
Air Canada Wins Employee Experience Strategy Award
Air Canada earns top honors at Customer Centricity World Series Awards for groundbreaking employee experience strategy that's transforming customer service excellence across North America.
CPKC Q3 Revenue Hits $3.2B as Freight Volumes Surge
Canadian Pacific Kansas City shatters expectations with $3.2B Q3 revenue as freight volumes climb. Discover how this railway giant is driving North American trade.
Chipotle shares drop amid inflation, tariff pressures
Rising costs from inflation and new tariffs are putting pressure on Chipotle's bottom line, causing shares to drop as the popular restaurant chain navigates economic challenges.
Tim Hortons sales surge beyond expectations
Restaurant Brands International reports stronger-than-expected sales growth at Tim Hortons, driven by resilient Canadian demand and successful menu innovations.
Corus Entertainment Reports $277.1M Q4 Loss
Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.
Canadian Pacific Profits Leap Despite Trade Uncertainty
Despite US tariff turmoil and ongoing merger speculation, Canadian Pacific Railway reports impressive Q3 earnings growth, showcasing remarkable resilience in challenging economic conditions.
Paramount Cuts 2,000 Jobs After Skydance Merger
In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.
Boeing's 777X Program Takes $5 Billion Hit Amid Delays
Boeing faces staggering financial losses on its troubled 777X widebody jet program as certification delays push first deliveries to 2025. The aerospace giant's latest earnings reveal nearly US$5 billion in additional charges.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pullback
Kraft Heinz faces ongoing consumer pressure as shoppers cut back on packaged foods, forcing the company to lower its annual sales and profit outlook for 2024.
Adidas North American Sales Drop Amid Yeezy Fallout
Adidas faces significant sales decline in North America amid ongoing Yeezy partnership fallout and challenging tariff landscape, impacting the sportswear giant's recovery strategy.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pressure
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
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