Category : Corporate News


U.S. Probes Netflix Tactics in Warner Deal Review

The U.S. Justice Department is examining Netflix's business tactics as part of its review of the streaming giant's proposed acquisition of Warner Bros. assets, according to a Wall Street Journal report.

Epstein's Social Ponzi Scheme Revealed in New Emails

Freshly released emails detail how Jeffrey Epstein operated a sophisticated social Ponzi scheme, leveraging relationships with powerful figures worldwide to maintain influence and shield himself from scrutiny.

Stantec Cancels ICE Contracts After Backlash

Edmonton-based engineering firm Stantec has withdrawn from controversial contracts with U.S. Immigration and Customs Enforcement following pressure from Indigenous communities and public criticism.

Starbucks Wins Dismissal of Missouri DEI Lawsuit

A Missouri court has dismissed a lawsuit challenging Starbucks' corporate diversity, equity, and inclusion initiatives, marking a significant legal victory for the coffee giant's employment policies.

Uber to Pay $8.5M in Driver Sex Assault Trial

A court has ordered Uber to pay US$8.5 million in a trial over sexual assault claims involving its drivers, highlighting ongoing safety and liability issues in the gig economy.

Saputo Reports $220M Q3 Profit, Reversing Loss

Canadian dairy giant Saputo Inc. has announced a significant financial turnaround, reporting a $220 million profit for its third quarter, a stark reversal from the $518 million loss recorded in the same period last year.

OpenText Q2 Profit Drops 27% to US$168M

Canadian software giant OpenText reports a significant year-over-year decline in second-quarter profit, highlighting ongoing pressures in the technology sector.

Halifax Water Cleared After Financial Probe

Halifax Water has been exonerated following an investigation into allegations of financial irregularities, with the utility maintaining its commitment to transparency and public trust.

Glencore Wanted 40% in Rio Tinto Merger Talks

Glencore PLC sought a 40% stake in a potential merger with Rio Tinto Group, but talks collapsed due to valuation disagreements, ending plans for the world's largest mining company.

Supreme Court to Hear Air Canada Pricing Case

Canada's Supreme Court will adjudicate a protracted legal dispute concerning Air Canada's advertised pricing, a case with significant implications for consumer protection and corporate advertising standards nationwide.

Rio Tinto Ends Glencore Merger Talks

Rio Tinto Group has terminated negotiations to acquire Glencore PLC, ending a potential mega-merger that would have created the world's largest mining company. The deal collapsed due to valuation disagreements and management culture differences.

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