Vancouver Companies Brace for Anti-ICE Protests
Vancouver-based companies Hootsuite and Jim Pattison Group are preparing for planned protests over their connections to U.S. Immigration and Customs Enforcement (ICE).
Category : Corporate News
SpaceX Considers Mergers with Tesla or xAI
SpaceX is exploring potential mergers with Tesla or artificial intelligence firm xAI, as Elon Musk considers consolidating his business empire ahead of SpaceX's planned IPO.
CN Rail Revenue Down $350M Due to Tariffs
Canadian National Railway reports a significant $350 million revenue decline attributed to business tariffs, with company executives highlighting market uncertainty as the primary risk moving forward.
Corporate Culture Becomes Legal Evidence in Court Cases
Employment lawyer Howard Levitt warns that company culture statements are now discoverable evidence in lawsuits, creating significant legal risks for businesses that don't align actions with promises.
CN Q4 Profit and Revenue Up, Dividend Increased
Canadian National Railway reports a year-over-year rise in fourth-quarter profit and revenue, announcing an increase to its quarterly dividend for shareholders.
Minute Maid Frozen Juice Concentrate Discontinued
Coca-Cola Canada announces the discontinuation of Minute Maid frozen juice concentrate, marking the end of an era for a pantry staple in many Canadian households.
Activists Target Jim Pattison Over ICE Property Sale
BC Green Party leader Emily Lowan calls for boycott of Jim Pattison's companies after real estate division's proposed sale to U.S. Immigration and Customs Enforcement.
Can Man Dan Takes on Consulting Role with Belmont Sobeys
Edmonton's beloved philanthropist Dan Johnstone, known as Can Man Dan, has accepted a new consulting position with Belmont Sobeys, marking a significant career shift while continuing his community advocacy.
Microsoft Drops 10%, Meta Gains 10% in AI Earnings Contrast
Microsoft's market value plunged $350 billion after its cloud business disappointed, while Meta surged 10% on strong AI-driven ad revenue, highlighting investor focus on AI-fueled growth.
Rogers Media Revenue Jumps 126% on Blue Jays, MLSE
Rogers Communications reports a 126% surge in media revenue to $1.24 billion in Q4, driven by the Toronto Blue Jays' playoff run and MLSE consolidation.
White House Team Urges Bezos to Stop Newsroom Cuts
The Washington Post's White House reporting team has directly appealed to owner Jeff Bezos to reconsider significant planned reductions to the newsroom staff.
Ocado Hit by Canadian Partner's Distribution Center Closure
Empire Co. Ltd., owner of Sobeys, shuts Calgary distribution center using Ocado's automated technology, following Kroger's similar move in the U.S., impacting Ocado's North American expansion.
OpenText Names Ex-IBM Exec Ayman Antoun as CEO
Canadian software giant OpenText has announced the appointment of former IBM executive Ayman Antoun as its next CEO, marking a significant leadership transition for the Waterloo-based technology firm.
CEOs Question Carney's Strategy with Trump Administration
The Business Council of Canada expresses concerns about Prime Minister Mark Carney's handling of U.S. relations, urging focus on preserving the North American trade agreement amid diplomatic tensions.
IPS Acquires TechPro Power Group to Expand Services
Integrated Power Services completes strategic acquisition of TechPro Power Group, enhancing North American power systems lifecycle management capabilities for data centers and critical industries.
Lululemon's See-Through Leggings Crisis Deepens Brand Woes
Lululemon faces mounting criticism over defective leggings and strategic missteps as shares plummet 65% from 2023 highs, with leadership turmoil and activist investors circling.
Dow Chemical to Cut 4,500 Jobs as Demand Slows
Dow Chemical is reducing its workforce by 4,500 positions due to weak revenue projections and sluggish market demand, impacting operations including its Michigan headquarters.
Blue Jays Playoff Run Boosts Rogers Q4 Profit and Revenue
Rogers Communications reports a significant increase in fourth-quarter profit and revenue, largely attributed to the Toronto Blue Jays' extended playoff run in 2025.
Lockheed Martin Raises 2026 Outlook on Sales Growth
Defense giant Lockheed Martin has increased its 2026 financial outlook, driven by robust sales of fighter jets and advanced weapon systems amid global demand.
Blackstone Beats Estimates on Strong Dealmaking
Blackstone Group reported quarterly earnings that exceeded analyst forecasts, driven by a surge in dealmaking and investment activity across its global portfolio.
Terrapin Beer Co. Launches Music-Inspired Brand Refresh
Terrapin Beer Co., a craft beer brand under Tilray Brands, announces a comprehensive brand refresh featuring new packaging inspired by classic rock albums and collaborations with artists.
Canadian Companies Criticized for U.S. Immigration Ties
Two Canadian companies are under scrutiny for their business dealings with the U.S. Department of Homeland Security amid ongoing controversies over immigration enforcement policies.
Amazon Job Cuts: Experts Say AI Not to Blame
Amazon announces significant global workforce reductions, but industry analysts and experts clarify that artificial intelligence is not the primary driver behind these strategic business decisions.
Peter Guenter Joins Ipsen Board of Directors
Global biopharmaceutical company Ipsen announces the appointment of Peter Guenter to its Board of Directors, bringing nearly 40 years of pharmaceutical industry leadership experience.
Calgary: Economic Haven in Uncertain Times
Amid widespread economic uncertainty across Canada, Calgary emerges as a potential safe haven for businesses and investors seeking stability and growth opportunities.
Amazon Cuts 16,000 Jobs, Vancouver Impact Unclear
Amazon's global workforce reduction of 16,000 positions raises questions about potential impacts on its substantial Vancouver operations, where the company employs thousands across British Columbia.
CPKC Q4 Profits Fall Despite Revenue Gains
Canadian Pacific Kansas City reports a drop in fourth-quarter profits even as revenue increases from grain and container shipments, highlighting ongoing cost pressures.
AI Fears Trigger Software Bond Selloff
Global software company bonds face steep declines as investors worry AI innovations threaten traditional business models, though some analysts argue concerns are exaggerated.
Ottawa Open to Deal with Meta for News on Facebook, Instagram
The Canadian government remains willing to negotiate with Meta to bring news content back to Facebook and Instagram, as Minister Marc Miller emphasizes ongoing dialogue.
CTV Franchise Show: National News Roundup
A comprehensive roundup of national news from the CTV Franchise Show, covering earthquakes in Ontario, police incidents, health recalls, political developments, and entertainment updates across Canada.
Page 2 of 19