Canada Post reports $541M loss in third quarter
Canada Post faces unprecedented $541 million pre-tax loss in Q3 2025 amid declining mail volumes and rising costs. Learn what's behind the financial crisis.
Category : Corporate News
Google Aims to Dodge Ad Business Breakup in Trial
Google battles to avoid dismantling its advertising technology business as landmark antitrust trial concludes. The outcome could reshape digital advertising markets.
CAE Signs New Training Agreement with Saab
Canadian aviation leader CAE secures a new agreement with Sweden's Saab to provide advanced training services and devices, strengthening its global position.
Starbucks sued by shareholders over sales decline
Starbucks must defend against a shareholder lawsuit alleging the company misled investors about its sales performance. The legal action follows a surprise decline in revenue.
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Vendasta Wins Canada's Most Admired Corporate Culture 2025
Saskatoon's Vendasta earns 2025 Canada's Most Admired Corporate Culture award for its AI-driven workplace excellence and transformative impact on small business growth.
Spanish court fines Meta €470M in media dispute
Spanish court mandates Meta pay nearly half-billion euros to media outlets for copyright violations. Landmark decision impacts digital content distribution globally.
Weather Network Tops Canada's Trust Rankings for 2026
The Weather Network and MétéoMédia earn Canada's #1 most trusted weather source designation in BrandSpark's 2026 awards, based on surveys of over 45,000 Canadians.
KKR Seeks US$15 Billion for Asia Private Equity Fund
Global investment firm KKR aims to raise US$15 billion for new Asia-focused private equity fund, signaling strong confidence in regional growth opportunities and investment potential.
Questrade Reveals New Pro Trading Platform & Products
Questrade announces The Dawn of Investing, revealing new products like Questrade Pro, custom indexing, and cash-secured puts for Canadian investors. Discover the future of trading.
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BPM Sports Radio Stations Sold to Arsenal Media
Quebec's BPM Sports radio network, with stations in Montreal, Quebec City, and Gatineau, is being acquired by Arsenal Media. The all-sports format will be preserved. Read the full details.
Summers Leaves OpenAI Board Following Epstein Controversy
Former US Treasury Secretary Larry Summers resigns from OpenAI board after Epstein document release reveals email exchanges. Harvard investigates faculty ties.
Larry Summers quits OpenAI board after Epstein emails
Former U.S. Treasury Secretary Larry Summers has resigned from OpenAI's board following the release of Jeffrey Epstein emails. Get the latest details on this developing story.
Flydubai orders 75 Boeing 737 MAX in $13B deal
Flydubai places a massive order for 75 Boeing 737 MAX aircraft valued at US$13 billion, while Emirates finalizes its Airbus A350 acquisition at the Dubai Air Show.
Canada Post Effectively Insolvent, Losses Top $1B
Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.
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GHD exceeds AUD 3 billion in revenue for 2025
Global professional services firm GHD achieves record AUD 3 billion revenue in 2025, with strong growth across Asia Pacific and Americas markets. Read the full financial breakdown.
Dye & Durham faces default over delayed financial filings
Dye & Durham Ltd. has less than a month to file its audited Q1 financial statements or face default under its senior credit agreement. Learn about the company's ongoing turmoil.
BASF Canada: Top 100 Employer for 12 Years
BASF Canada has been recognized as one of Canada's Top 100 Employers for the 12th consecutive year, highlighting its exceptional workplace culture and employee benefits.
Home Depot forecasts steeper profit drop amid renovation delays
Home Depot projects steeper annual profit decline as economic pressures force Canadians to postpone major home renovation projects. Learn how consumer spending shifts are impacting retail.
Activist Elliott Builds Major Stake in Barrick Gold
Activist hedge fund Elliott Management has built a stake worth over $1 billion in Barrick Gold, encouraging a potential company split to unlock value. Discover the strategic shift.
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FlyDubai Orders 150 Airbus A321neo Aircraft
FlyDubai makes aviation history with a massive order for 150 Airbus A321neo aircraft, marking its first major fleet expansion beyond Boeing. The deal was announced at the Dubai Air Show.
MTY Group Confirms Exploring Potential Company Sale
Montreal's MTY Food Group, owner of 80+ brands like Thai Express and Mikes, is exploring a potential sale. The company has hired TD Bank for a strategic review.
MTY Food Group Exploring Possible Company Sale
Canadian fast-food franchisor MTY Food Group announces it's considering strategic options including a potential sale. Learn about this major development in Canada's restaurant industry.
Tilray Reveals Global Growth Strategy in Investor Deck
Tilray Brands has released a new investor presentation detailing its transformation into a diversified CPG leader across beverage, cannabis, and wellness industries, showcasing its global expansion plans.
Jewellers Navigate High Gold Prices and Consumer Changes
Canadian jewellery retailers face challenges as soaring gold prices transform consumer purchasing behavior this holiday season. Discover how local jewellers are adapting their strategies.
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Amazon's $12B Bond Sale Fuels AI Infrastructure Race
Amazon plans its first U.S. dollar bond sale in three years, seeking $12 billion to fund AI infrastructure, acquisitions, and share buybacks amid tech sector spending surge.
Emirates orders 65 Boeing 777-9s in $38B deal
Emirates announces a massive order for 65 Boeing 777-9 jets, valued at US$38 billion, at the Dubai Air Show. A major boost for the aviation industry.
Labubu Doll Bubble Risks Beanie Baby-Style Collapse
Analyst warns Labubu doll craze mirrors Beanie Babies bubble. Pop Mart shares fall 30% from peak as dependence on single IP raises investor concerns. Can the company diversify?
Canadians cutting holiday spending amid economic worries
Canadian consumers plan to reduce holiday spending due to economic pressures and tariff uncertainty. Discover how shoppers are adapting their budgets for the 2025 season.
LaSalle's First McDonald's Opens as Inflation Policies Shift
LaSalle celebrates its inaugural McDonald's opening while national policies address inflation through tariff reductions. Discover how local business growth intersects with economic changes.
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NYC Comptroller Questions Spotify Over ICE Ads
New York City's financial chief demands answers from Spotify about ICE recruitment ads violating platform policies. Learn about the shareholder concerns and potential consequences.
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