Accenture Beats Q1 Revenue Estimates on AI Demand
Accenture exceeded Wall Street's first-quarter revenue expectations, driven by robust demand for its AI-powered IT services. The company is advancing its strategy to capture greater market share.
Category : Corporate News
B.C. EV company pays $35K to settle securities violations
A Vancouver electric vehicle company has paid a $35,000 penalty to the B.C. Securities Commission to resolve regulatory violations. Learn the details of the settlement.
Loto-Québec CEO says internet not a threat to lottery
The CEO of Loto-Québec asserts that digital platforms are not harming the provincial lottery's business, addressing concerns about online competition. Read the full statement.
Kraft Heinz CEO Hire Points to Major Asset Sales, Split
Kraft Heinz appoints Steve Cahillane, architect of Kellogg's breakup, as new CEO. Analysts see move as prelude to major asset sales and corporate split. Get the full story.
Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Warner Bros. Rejects Paramount Bid as 'Inferior' to Netflix Deal
Warner Bros. Discovery's board advises shareholders to reject Paramount's hostile takeover, citing 'inadequate' value and financing risks. The board unanimously backs the existing Netflix merger agreement.
Diageo sells Kenya unit to Asahi in strategic deal
Global spirits giant Diageo has agreed to sell its Kenyan drinks subsidiary to Japan's Asahi Group. This strategic move reshapes Diageo's African portfolio. Read the full details of the deal announced in December 2025.
General Mills Beats Quarterly Sales Estimates
General Mills reports stronger-than-expected quarterly sales, demonstrating resilience in the consumer goods market. Read the full analysis of their performance and market outlook.
Warner Bros. Backs Netflix Bid Over Paramount Takeover
Warner Bros. advises shareholders to choose Netflix's $72 billion acquisition over a hostile bid from Paramount Skydance. The deal could reshape Hollywood's streaming and media landscape. Learn the details and potential impacts.
Warner Bros. Discovery Rejects Paramount Bid
The board of Warner Bros. Discovery has formally rejected an unsolicited takeover bid from rival Paramount Global. The decision, announced on December 17, 2025, leaves the media giant's current strategic path intact.
ServiceX Sues Startup Over 'Twitter' Brand Bid
ServiceX Corp files a lawsuit against a social media startup attempting to claim the 'Twitter' brand. Get the latest details on this major intellectual property dispute.
BRP appoints Denis Le Vot as new CEO
Canadian powersports giant BRP Inc. has appointed automotive veteran Denis Le Vot as its new CEO, effective February 2025. The move, praised by analysts, brings deep international and automotive experience to the Ski-Doo and Sea-Doo maker.
Kraft Heinz CEO Replaced Ahead of 2026 Company Split
Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.
AIMCo names Ray Gilmour as permanent CEO
Former senior bureaucrat Ray Gilmour has been confirmed as the permanent Chief Executive of Alberta Investment Management Corp. (AIMCo) after serving as interim CEO since a major board and management shakeup in late 2024.
AIMCo names Ray Gilmour permanent CEO
Former senior Alberta bureaucrat Ray Gilmour has been confirmed as the permanent CEO of the Alberta Investment Management Corp. (AIMCo), following a major governance shakeup in late 2024. Learn about his background and the fund's path forward.
Ray Gilmour Named CEO of Alberta Investment Manager
The Alberta Investment Management Corporation board has announced the appointment of Ray Gilmour as its new CEO. Discover the leadership change at one of Canada's largest institutional investors.
Trump Media Crypto Deal Sparks Conflict of Interest Fears
A proposed deal between Trump Media and a cryptocurrency firm highlights potential conflicts of interest, raising questions about regulatory oversight and investor protection in the evolving digital asset space.
BRP names former Renault exec Denis Le Vot as new CEO
BRP has appointed Denis Le Vot, a former Renault Group executive, as its next Chief Executive Officer. The leadership change marks a strategic shift for the Quebec-based recreational vehicle manufacturer.
WSP to buy U.S. engineering firm TRC for $3.3B
Montreal's WSP Global Inc. strikes a US$3.3 billion deal to acquire TRC Companies, backed by Caisse de dépôt. The move will make WSP the largest engineering and design firm in the United States.
Kraft Heinz names Steve Cahillane as new CEO
Packaged food giant Kraft Heinz has named industry veteran Steve Cahillane as its new Chief Executive Officer, a strategic move announced just before the company's planned split into two independent public entities. Discover the implications for the Canad
HOPSCOTCH Opens Swiss Agency in Geneva
French communications giant HOPSCOTCH announces the launch of a new integrated agency in Geneva, Switzerland, marking a key step in its global expansion strategy. Learn about the leadership and vision.
Vancouver's UpMeals bankrupt amid fraud allegations
Vancouver entrepreneur Drew Munro faces fraud accusations and a potential criminal probe as his meal-prep company UpMeals collapses into bankruptcy. Read the full story.
WSP Global to Buy TRC Companies for $4.5B
Montreal's WSP Global expands its U.S. footprint with a major acquisition of engineering firm TRC Companies. The deal, valued at $4.5 billion, is set to close in 2026.
NYC to Get First Las Vegas-Style Casinos in 2025
New York City is set to welcome its first three Las Vegas-style casinos, with major proposals like Hard Rock's Queens complex. This marks a historic shift in the city's entertainment and economic landscape.
Ben & Jerry's removes board chair, sets new term limits
Ben & Jerry's announces major governance changes, including the removal of board chair Anuradha Mittal and the introduction of term limits for its independent board. Get the details.
Key Facts About Canada's Grocery Code of Conduct
A new grocery code of conduct aims to bring fairness to Canada's food supply chain. Learn what it means for suppliers, retailers, and your wallet. Stay informed on this critical business shift.
Netflix Pledges No Job Cuts in Warner Bros. Mega-Deal
Netflix's co-CEOs reassure staff about the Warner Bros. Discovery bid, promising no studio closures or job overlaps. Get the latest on the $108B rival offer from Paramount.
Transat calls March 10 meeting for Péladeau requests
Air Transat schedules a pivotal shareholder meeting for March 10, 2026, to formally address requests from Quebecor's Pierre Karl Péladeau. Get the latest on this developing corporate story.
Canopy Growth Buys MTL Cannabis for $125M
Canadian cannabis giant Canopy Growth announces a major acquisition of MTL Cannabis, valued at $125 million. The deal aims to strengthen its market position and portfolio. Read the full details here.
Readers React: Algoma Steel Job Losses, High Beam Hazards
Readers voice concerns over Algoma Steel layoffs, applaud Hazel Mae's Hall of Fame honour, and call for better road etiquette regarding high beams. Read the latest public feedback.
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