Canadian regulators have launched a pilot project enabling smaller public companies to report financials semi-annually, aiming to cut costs and foster long-term planning, though it may reduce investor transparency.
CBS News Editor-in-Chief Bari Weiss and President Tom Cibrowski announced layoffs affecting 6% of staff and the closure of CBS News Radio by 2026, citing industry changes and economic challenges.
The Air Canada Foundation has announced Louise-Hélène Sénécal as its new Chair and Board Director, succeeding Priscille Leblanc after 13 years. New board members Maria Kuchel and Marcel Forget join, with 38 charities selected for grants this year.
Canadian clothing retailer Garage is launching its international expansion with new store openings in the United Kingdom, marking a significant milestone for the popular fashion brand.
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Unilever Plc is negotiating the sale of its food division to McCormick & Co., potentially ending its competition with major food rivals and shifting focus to beauty and personal care.
The Vatican has initiated a global campaign encouraging financial divestment from mining industries, citing environmental and ethical concerns. This move aligns with Pope Francis's ongoing efforts to reform Vatican finances and promote ecological responsi
Global equity funds experienced significant outflows of US$20 billion in a single week, marking the largest withdrawal in three months, according to recent data.
FedEx shares surged over 6% pre-market after the delivery giant raised its full-year profit forecast, citing steady demand despite geopolitical tensions and high fuel costs. The company's Express segment performed strongly, offsetting freight softness.
FedEx shares surged after the company reported resilient demand and raised its profit forecast, signaling strength in the logistics sector amid economic uncertainties.
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Goldman Sachs forecasts a significant increase in mergers and acquisitions this year, driven by corporate cash reserves and strategic realignments, even amid ongoing global conflicts and market disruptions.
Amazon confirms it is dismantling portions of a new distribution centre being built by Broccolini in Barrhaven, Ottawa, raising questions about the project's status and timeline.
Unilever confirms discussions with U.S. rival McCormick & Company regarding a potential sale of its food division, which includes Hellmann's and Knorr brands. The deal would combine these with McCormick's Cholula hot sauce amid shifting consumer trends.
The Saskatchewan provincial budget for 2026-27 introduces several tax benefits aimed at providing financial relief to residents, with the finance minister addressing concerns about municipal responsibilities.
Manitoba's construction sector is urging the auditor general to investigate a provincial jobs agreement, warning that fees could add millions to project costs and affect industry competitiveness.
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A Calgary industrial coating company, Black Box Customs, created a custom 70-pound kettlebell for Conservative Leader Pierre Poilievre to gift podcast host Joe Rogan, featuring intricate designs and personal nods.
The U.S. Mint can begin minting a Donald Trump commemorative gold coin after the arts commission approved the design, marking a significant numismatic release.
Enmax's annual dividend to Calgary fell sharply to $64 million in 2025, a significant drop from the previous year's record $103 million, due to a new policy aimed at stability.
An Ontario court has granted Hudson's Bay Co. a three-month extension on creditor protection, allowing more time for art auctions and employee hardship fund distribution.
A Department of Justice investigation into Federal Reserve Chair Jerome Powell could inadvertently solidify his standing, potentially shielding him from political pressure and ensuring continuity in monetary policy during a critical economic period.
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A French appeals court has denied a request to suspend the operations of Chinese fast-fashion retailer Shein, allowing the company to continue its business in France amid ongoing legal and regulatory scrutiny.
An Ontario court has prolonged Hudson's Bay's respite from creditors, offering the retailer more time to restructure amid financial challenges, as other business and legal news unfolds across Canada.
Industrial giant 3M expands its safety and industrial business through a major acquisition of Madison Fire, valued at nearly $2 billion, enhancing its product offerings and market reach.
A Halifax tour company, known for its amphibious Harbour Hopper vehicles, has been sold after almost 40 years of operation, marking a significant shift in the city's tourism landscape.
JPMorgan strategists warn that investors are underestimating the economic damage from soaring oil prices due to the Iran war, with potential GDP and earnings impacts.
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Brent crude oil briefly exceeded US$119 per barrel before retreating, triggering a worldwide stock market decline as investors grapple with economic uncertainty and geopolitical tensions.
Saskatchewan's government faces a fiscal crisis with $1.2 billion in debt interest costs this year, diverting funds from healthcare and education as deficits continue to grow.
A London court case reveals allegations that an ex-wife conspired with a hacker to steal over 2,323 Bitcoin worth $238 million, testing how digital assets are treated under English law.
Micron Technology reported robust earnings fueled by AI demand, but its shares declined due to concerns over heavy capital expenditure plans impacting investor sentiment.
Federal Reserve interest rate forecasts grow uncertain as escalating conflict in the Middle East drives market volatility and oil price surges, complicating investor strategies.
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Emerging market stocks decline sharply as escalating Middle East tensions drive oil prices higher, impacting global financial markets and investor sentiment.
