Wealthsimple Inc. has received CIRO approval to offer prediction markets to Canadian investors, allowing trading on future events like economic indicators and climate trends. Launch timeline remains unannounced.
Prime Minister Mark Carney criticized Air Canada CEO Michael Rousseau for issuing an English-only video statement after a fatal runway collision at LaGuardia Airport, highlighting ongoing language controversies.
Brian Niccol's $100 million hiring sparked a 20% stock surge, but operational challenges at Starbucks proved deeper than expected, stalling the rally and testing investor patience.
SpaceX's initial public offering has led to confusion among private share buyers, who are unsure about the specifics of their ownership stakes in the company.
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The S&P/TSX composite index soared by nearly 300 points, with U.S. stock markets also posting significant gains, driven by positive economic indicators and corporate earnings.
Meta Platforms has significantly raised compensation for its top executives through stock option grants, a strategic move to retain talent and drive innovation in the fiercely competitive artificial intelligence sector.
A Winnipeg restaurant association argues Manitoba's recent tax reduction unfairly benefits some businesses while leaving others struggling with higher costs and competitive imbalance.
A Canadian construction firm, Aecon, through a joint venture, has finalized a significant contract for a dam project in Washington state, marking a major cross-border infrastructure achievement.
Global oil markets experienced a sharp decline as optimism grew over a potential diplomatic resolution to the Iran conflict, lifting stock indices worldwide. The shift reflects easing supply fears amid geopolitical tensions.
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A Federal Reserve survey reveals U.S. chief financial officers maintained a solid economic outlook until geopolitical conflict introduced significant uncertainty, highlighting pre-war confidence and post-war concerns.
American Express is intensifying its focus on small and mid-market businesses by introducing new credit cards, aiming to capture a larger share of this competitive financial sector.
PDD Holdings, the parent company of Temu, reported quarterly revenue below analyst expectations, highlighting challenges in the competitive e-commerce landscape.
General Motors reveals a substantial $600 million investment plan for its South Korean subsidiary, signaling a strategic commitment to the Asian automotive market.
Hamdi Lataj, a convicted bank burglar with alleged mob ties, now resides in a luxury Toronto penthouse, appears in Drake's music video, and frequents Raptors games courtside, raising questions about his entry into Canada.
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The ESG investment framework's recent embrace of defense industries reveals inherent contradictions while continuing to exclude traditional energy sectors, despite both being essential to modern society and national security.
Google is contesting legal fees after a court rejected its constitutional challenge in an advertising competition lawsuit, marking a significant legal setback for the tech giant.
JPMorgan Chase CEO Jamie Dimon shared a cautiously hopeful outlook on the Iran conflict at a business forum, highlighting geopolitical risks in global markets.
Dollarama's CEO announces the retailer will only raise prices due to war-related costs when absolutely necessary, aiming to shield consumers from inflation.
A Nova Scotia court has extended creditor protection for John Risley's CFFI Ventures while ordering a comprehensive review of its $1.4 billion debt and asset valuation amid a contentious restructuring proposal led by HPS Investment Partners.
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Canada's main stock index, the S&P/TSX composite, experienced a significant rally, climbing nearly 200 points, driven by a sharp increase in oil prices surpassing US$90 per barrel. This surge reflects heightened market optimism amid global energy dynamics
Prem Watsa's Fairfax Financial acquired MW Eat in November, planning to expand the UK's fine-dining Indian restaurant chain to the US, Canada, and the Gulf amid industry growth.
The CEO of National Bank of Canada emphasizes the need for swift progress on key priorities as global uncertainties intensify, highlighting economic and strategic challenges.
Canadian discount retailer Dollarama announced a dividend increase despite unfavorable weather conditions affecting store traffic and comparable sales growth in the fourth quarter.
National Bank CEO Laurent Ferreira advocates for reviving the Keystone XL pipeline and creating an Eastern Canadian energy corridor to boost domestic production and global exports.
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Global oil prices spike and stock markets tumble as military actions with Iran intensify, overshadowing diplomatic negotiations and impacting economic stability worldwide.
United Airlines is intensifying its focus on premium travel services as escalating fuel costs, driven by the Iran war, pressure airline profits. The strategy aims to boost revenue through higher-margin offerings.
Estee Lauder is reportedly in discussions to merge with Puig, owner of Jean Paul Gaultier, aiming to expand its prestige fragrance portfolio amid growing consumer demand for luxury scents.
Growing concerns over private credit market stability are causing significant unease among Wall Street investors, with potential implications for broader financial markets and economic conditions.
Bank of Montreal announces a strategic collaboration with CME Group and Google Cloud to introduce a tokenized cash platform, marking a significant advancement in digital asset infrastructure for financial markets.
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Smithfield Foods reported quarterly results that surpassed analyst expectations, driven by sustained consumer demand for pork products amid market volatility.
