Corus Entertainment Inc. has renegotiated its credit agreement with lenders, gaining crucial financial flexibility to manage its debt load. The deal provides the Canadian broadcaster with increased operational breathing room.
Instacart has terminated its AI-driven dynamic pricing tests following user criticism. The grocery delivery service faced scrutiny for algorithm-based price fluctuations. Learn what this means for Canadian shoppers.
Oracle's Larry Ellison provides a massive $40.4 billion financial guarantee to bolster Paramount Global's acquisition bid for Warner Bros. Discovery. Details on the deal.
Former Disney executive Kevin Mayer forecasts Paramount will raise its bid and acquire Warner Bros. Discovery. Key investors are pushing for a higher offer in the high-stakes media merger.
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Paul Sadlon Sr., a prominent Barrie businessman, car dealership owner, and major community philanthropist, has died at the age of 93. Learn about his life and legacy.
Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.
A former National Hockey League player has received official approval to operate a unique horse-drawn carriage service. Discover how sports and tradition are merging in this new Canadian venture.
A Delaware judge has reinstated Elon Musk's monumental 2018 compensation package worth $139 billion, concluding a years-long legal dispute. Explore the details and implications.
Engineering News Record ranks BrandSafway sixth globally among specialty contractors. The firm has held a top-ten spot for 17 years, supporting iconic projects from Toronto to Norway.
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A Paris court has dismissed a legal bid to suspend the Chinese fast-fashion giant Shein's operations in France. The decision allows the platform to continue its business amid ongoing scrutiny.
Integrated Power Services (IPS) has agreed to acquire TechPro Power Group, creating a powerhouse with over 2,200 technicians to serve data centers, utilities, and industrial sectors across North America.
Canadian media company WildBrain has sold its major stake in the iconic Peanuts franchise to Sony for $630 million. Discover the details and implications of this major entertainment deal.
BP abruptly replaced CEO Murray Auchincloss after repeated clashes with new chair Albert Manifold over the oil giant's strategic direction. Read the inside story of the leadership shakeup.
Nike faces deepening challenges in China as its business turnaround stagnates, leading to a significant drop in its stock price. Analysis of the sportswear giant's ongoing conundrum.
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Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.
Air Transat reports a $12.5 million net loss for Q4, a 130% year-over-year decline, as major shareholder Pierre Karl Péladeau pushes for a board restructuring. Key financial details and the upcoming shareholder meeting.
The Société des alcools du Québec reports a slight year-over-year decline in second-quarter net income to $336.5 million. Explore the financial details and context for the provincial crown corporation.
Air Transat announced a net loss of $12.5 million for its fourth quarter, despite generating $771.6 million in revenue. The Montreal-based airline continues to navigate post-pandemic recovery challenges.
Trump Media, parent of Truth Social, announces a strategic merger with a nuclear fusion firm. Explore the details and potential impact of this unexpected business move.
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Air Transat parent company Transat A.T. reported a $12.5 million loss in its fourth quarter, a sharp reversal from a $41.2 million profit a year earlier. The results highlight ongoing challenges in the aviation sector.
British energy giant BP selects Meg O'Neill as its next CEO, effective April 2026, continuing a significant corporate restructuring. Get the details on the leadership change.
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.
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.
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.
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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 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. 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.
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 reports stronger-than-expected quarterly sales, demonstrating resilience in the consumer goods market. Read the full analysis of their performance and market outlook.
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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.
