Morgan Stanley Revises Fed Cut Forecasts on Inflation Fears
Morgan Stanley has joined other major banks in delaying expectations for Federal Reserve interest rate cuts, citing ongoing inflation pressures and economic data.
Category : Corporate News
N.B. Budget's Historic Debt May Affect Credit Rating
Finance Minister Eric Girard highlights concerns that New Brunswick's budget, featuring record debt levels, could lead to a credit rating review, amid broader fiscal challenges across Canada.
Namib Minerals Names New CEO and Expands Leadership
Namib Minerals appoints Tulani Sikwila as CEO and welcomes Antonio Nieto as VP of Technical Services, strengthening leadership for strategic growth in African mining.
Windsor's 'Buy Canadian' Snitch Line Pays $30K
A Windsor-based 'Buy Canadian' snitch line has paid out $30,000 to encourage use of Canadian steel in taxpayer-funded projects. Meanwhile, the Khalistan movement gains attention after a local woman's killing, and a Harrow manufacturer expands with Ontario
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Couche-Tard Reports Strong Q3 Earnings, Best in Over Two Years
Alimentation Couche-Tard Inc. announced impressive third-quarter results, with net earnings up 18% year-over-year. The company attributes growth to European currency translation and strategic acquisitions.
Lululemon Forecasts Weaker 2026 Sales Growth
Lululemon anticipates modest 2026 revenue growth of 2-4%, below analyst expectations, with North American sales expected to decline 1-3% due to competition and consumer spending issues.
North Bay Man Charged in $500K Industrial Fraud
A North Bay man has been charged by Ontario Provincial Police in a significant industrial fraud case involving approximately $500,000. The investigation highlights ongoing efforts to combat financial crimes in Northern Ontario's business sector.
Ocean Mining Firm Admits Overstating Growth Potential
Vancouver-based Deep Sea Minerals Corp. is removing promotional materials after admitting it may have overstated growth potential and lacks mining licenses or patents.
Convenience Industry Supports N.B. Plan to Tackle Contraband Tobacco
The convenience store industry in New Brunswick has expressed strong support for the provincial government's new initiative to address the illegal tobacco trade, aiming to reduce crime and protect legitimate businesses.
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Circle K Defies Fuel Price Surge with Strong In-Store Sales
Alimentation Couche-Tard's Circle K business remains resilient despite soaring gasoline prices from Middle East conflict, as CEO Alex Miller highlights sustained merchandise sales and strategic growth plans.
Couche-Tard CEO Optimistic Despite Fuel Cost Strains on Customers
The CEO of Alimentation Couche-Tard remains confident in the company's strategy as increasing fuel prices put financial pressure on consumers across North America.
Lululemon's Weak Forecast Intensifies CEO Search Amid Challenges
Lululemon Athletica forecasts another year of profit declines, adding pressure as it seeks a permanent CEO while facing product issues and competition.
Scotlynn Named to EBN's Best HR Teams of 2026 List
Scotlynn's People Team has been honored as one of Employee Benefit News' Best HR Teams of 2026, recognizing their strategic approach to culture-building and employee development in the competitive supply chain industry.
Lululemon Founder Wilson Pushes for Board Overhaul
Lululemon founder Chip Wilson supports a director's departure and calls for significant board changes, intensifying corporate governance discussions at the athletic apparel giant.
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Disney's New CEO Josh D'Amaro Steps Up for Wild Ride
Josh D'Amaro takes the helm as Disney's new CEO, facing significant challenges in streaming, theme parks, and creative direction. His leadership will be tested in a rapidly evolving entertainment landscape.
Macy's Sees Tariff Easing, Beats Holiday Quarter Forecasts
Macy's reports stronger-than-expected holiday quarter results, with executives predicting a reduction in tariff impacts later this year, signaling resilience in retail amid economic challenges.
General Mills Reaffirms Full-Year Sales, Profit Forecasts
General Mills has reaffirmed its full-year sales and profit forecasts, signaling confidence in its business strategy despite market uncertainties. The announcement highlights the company's resilience in the food industry.
Federal Auto Policies Criticized by Matthew Lau
Columnist Matthew Lau argues that all major federal parties' automobile sector policies restrict consumer choice and harm the economy, advocating instead for market freedom.
Clarios: 4th Year as World's Most Ethical Company
Clarios has been honored as one of the World's Most Ethical Companies for the fourth consecutive year by Ethisphere, highlighting its robust ethics program and governance amid global competition.
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Brookfield Corporation Completes Annual Filings and Reports Results
Brookfield Corporation has successfully completed its annual filings, including audited financial statements and management reports, showcasing robust growth and strategic execution across its global operations.
World Shares Advance, Oil Slips Despite Iran Attacks
Global stock markets show resilience with gains as oil prices retreat, despite recent attacks by Iran. Economic indicators suggest cautious optimism amid geopolitical tensions.
Arizona Files Criminal Charges Against Prediction Market Kalshi
Arizona authorities have filed landmark criminal charges against Kalshi, a regulated prediction market platform, marking a significant legal challenge for event-based financial trading in the United States.
Manitoba Bill Targets Tech That May Alter Grocery Prices
The Manitoba government introduces legislation to oversee technology that could dynamically adjust grocery prices, aiming to protect consumers from unfair practices.
Trump's Sick Staff Praise Fuels Presenteeism Debate
President Trump's comments lauding ill colleagues who keep working have ignited concerns about workplace presenteeism, a costly issue affecting U.S. businesses and employee health.
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Canadian Billionaire Buys Stake in The Economist Magazine
Stephen Smith, a Canadian mortgage billionaire, has purchased a minority stake in The Economist Group, marking the first ownership change at the British publication in a decade.
Lululemon Q4 Net Income $586M, New Board Member Named
Lululemon Athletica announced a robust fourth-quarter net income of US$586 million and introduced a new member to its board of directors, highlighting continued financial strength and strategic governance.
Imperial Tobacco Criticizes MP for Promoting Unauthorized Zyn
Imperial Tobacco Canada, maker of Zonnic nicotine pouches, criticizes Conservative MP Jamil Jivani for promoting unauthorized Zyn products, warning it risks normalizing illegal sales channels and undermining public health.
Edmonton Firms Get $1M to Combat Tariffs, Global Issues
Four Edmonton businesses receive $1 million in federal funding to enhance resilience against tariffs and global economic pressures, supporting local jobs and innovation.
René Redzepi's Fall: Toxic Work Culture Exposed
Allegations of abuse at Noma highlight that demanding excellence cannot justify mistreating employees, with legal consequences for employers in Canada and beyond.
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Billionaires Retreat from Gates' Giving Pledge Over Epstein Ties
Philanthropic initiative 'The Giving Pledge' faces backlash as billionaires distance themselves from Bill Gates following revelations of his connections to Jeffrey Epstein.
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