TSX Jumps 400+ Points, U.S. Stocks Also Rise
The S&P/TSX composite index experienced a significant rally, climbing more than 400 points, while U.S. stock markets also posted gains, reflecting a broad positive shift in investor sentiment.
Category : Corporate News
Wexner Says Epstein Duped Him, Was World-Class Con Man
Billionaire Les Wexner, former CEO of Victoria's Secret parent L Brands, states he was deceived by adviser Jeffrey Epstein, describing him as a sophisticated fraudster in a recent statement.
Richmond Company Tried to Ship Stolen Vehicles to China
A Richmond company allegedly attempted to export stolen Ontario vehicles to China through Vancouver's port, leading to a civil forfeiture lawsuit by the B.C. government seeking properties and assets.
Eganville Leader Newspaper Finds New Owner, Secures Legacy
The historic Eganville Leader, a 123-year-old newspaper, has been acquired by a new owner, ensuring its continued publication and preserving a vital community voice in Ontario.
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Berkshire Cuts Amazon, Bets on New York Times in Q4
Warren Buffett's Berkshire Hathaway reduced its Amazon holdings by over 75% and acquired a $351.7 million stake in the New York Times Co., marking his last new investment as CEO.
Corporate America's Epstein Reckoning Gathers Steam
The fallout from the Jeffrey Epstein scandal continues to impact corporate America, with new depositions and probes targeting high-profile figures and businesses linked to the disgraced financier.
HALO Stocks: AI-Resistant Investment Strategy for Investors
As artificial intelligence threatens many industries, HALO stocks—heavy assets, low obsolescence—provide a resilient investment framework that avoids technology replacement risks while potentially benefiting from AI advances.
Les Wexner Deposed in Congressional Epstein Investigation
Les Wexner, former CEO of Victoria's Secret parent L Brands, will be deposed as part of a congressional investigation into Jeffrey Epstein's financial records, highlighting ongoing scrutiny of high-profile connections.
Apple Decouples from Nasdaq as AI Market Volatility Grips
Apple Inc.'s correlation with the Nasdaq 100 Index has plummeted to its lowest since 2006, as the company's cautious stance on AI spending makes it an outlier in the tech sector.
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Power Corp Names James O'Sullivan CEO, Jeffrey Orr Vice-Chair
Power Corporation of Canada has announced leadership changes, with James O'Sullivan set to become president and CEO effective July 1, while Jeffrey Orr transitions to vice-chair.
Tesla German Plant Faces Toxic Work Environment Allegations
Germany's largest union, IG Metall, alleges Tesla fosters a toxic work environment at its Berlin factory, with accusations of overwork and pressure on ill staff ahead of a crucial works council election.
Tim Hortons Makes Roll Up The Rim Permanent
Tim Hortons announces its iconic Roll Up The Rim contest will now be a permanent, year-round promotion, ending its seasonal status after decades as a limited-time event.
Walmart's Cautious 2026 Strategy Under New CEO Furner
Walmart enters 2026 with a deliberate, measured approach as John Furner assumes leadership, focusing on stability amid economic uncertainties and competitive retail pressures.
Bayer Halts Roundup Settlement Amid Investor Doubts
Bayer AG has withdrawn from a major settlement agreement over Roundup litigation following significant investor backlash and financial concerns.
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Cerrado Gold Recognized in TSX Venture 50 Ranking
Cerrado Gold Inc. has been selected as one of the top 50 companies on the TSX Venture Exchange for 2026, following a remarkable 329% share price appreciation and 460% market cap growth throughout 2025.
Jim Gray Calls for Personal Action in Calgary's Growth
Business leader Jim Gray reflects on Calgary's growth challenges and shares how his late wife's question inspired him to create the Canadian Petroleum Exposition, urging citizens to take personal responsibility for sustaining the city's quality of life.
Saskatoon Factory Leads in Custom Cheerleading Apparel
MEE Sports in Saskatoon has become a top supplier for competitive cheerleading uniforms, specializing in custom rhinestone designs and in-house production despite industry challenges.
LabGold Urges Blue Proxy Vote Before February 20 Deadline
Labrador Gold Corp urges shareholders to vote exclusively on the BLUE proxy before the February 20, 2026 deadline, warning against a dissident shareholder's self-serving agenda. Major shareholder Crescat Capital supports management's recommendations.
World Shares, U.S. Futures Gain Amid Asian Market Closures
Global stock markets and U.S. futures advanced as most Asian exchanges remained closed for Lunar New Year celebrations, with investors monitoring economic indicators and corporate developments.
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Trump Files Airport Trademarks, Claims No Fee for Florida Renaming
The Trump Organization has filed trademark applications for the use of the president's name on airports and related merchandise, citing protection against infringement. The move comes amid debates over renaming airports in Florida, New York, and Virginia.
Buffett's Firm Invests in NY Times After 6-Year Break
Berkshire Hathaway, led by Warren Buffett, has made a strategic investment in The New York Times, marking a return to newspaper holdings six years after divesting all its newspaper assets.
TFI International Q4 Profit Drops to US$71.7 Million
Canadian transportation giant TFI International announced a fourth-quarter profit of US$71.7 million, a decline compared to the previous year's results, amid ongoing market challenges.
Bayer's $7.25B Roundup Settlement Proposal
Bayer has agreed to a $7.25 billion proposed settlement to resolve thousands of lawsuits linking its Roundup weed killer to cancer, marking a major step in the long-running legal battle.
Warner Bros. Reopens Paramount Takeover Talks After Netflix Waiver
Warner Bros. has restarted discussions to acquire Paramount after securing a waiver from Netflix, marking a significant move in the entertainment industry's consolidation efforts.
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Sheertex Owner Bought by Quebec Hosiery Firm A.Y.K.
SRTX Inc., the Canadian maker of durable Sheertex pantyhose, has been purchased by A.Y.K. International, a Montreal-based hosiery company, following financial struggles and a strategic review.
Fairfax Funds $1.65B Deal to Take U.S. Property Firm Private
Fairfax Financial Holdings is financing a major $1.65 billion transaction to acquire and privatize a U.S. property company, marking a significant investment move.
Sheertex Acquisition by Quebec Rival Awaits Court OK
Montreal-based hosiery manufacturer Sheertex is set to be sold to a rival Quebec firm, pending judicial approval. The deal marks a significant shift in the Canadian apparel industry.
Bayer's $10.25B Roundup Cancer Settlement Plan
Bayer AG has put forward a comprehensive $10.25 billion proposal to resolve all pending cancer-related lawsuits over its Roundup weed killer, aiming to end years of legal battles.
Trump Business Files for Airport Name Trademarks
The Trump family business has filed for trademark rights on any airports using the president's name, sparking legal and commercial discussions.
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Hyatt's Thomas Pritzker Steps Down Over Epstein Ties
Hotel magnate Thomas Pritzker resigns as Hyatt's executive chairman following revelations of his affiliation with Jeffrey Epstein in newly released DOJ documents, expressing deep regret for maintaining contact.
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