Hammond Power Solutions Inc. has entered into a definitive agreement to purchase AEG Power Solutions in an all-cash transaction valued at $365 million, marking a significant consolidation in the power solutions industry.
Thomas Pritzker, president of the Hyatt Foundation, has resigned from the Hyatt Hotels board, stating deep regret for his association with Jeffrey Epstein. The move follows ongoing scrutiny of Epstein's connections.
Sherritt International has announced a reduction in operations at its joint venture in Cuba, citing economic challenges and strategic adjustments in the nickel mining sector.
Six companies directed by Sarah Ferguson, the former Duchess of York, have been ordered to close as investigations into connections with Jeffrey Epstein intensify, highlighting ongoing legal and financial repercussions.
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Warner Bros. has turned down Paramount's latest acquisition proposal but provided a one-week extension for improved negotiations, signaling ongoing corporate discussions in the entertainment industry.
Warner Bros Discovery has turned down Paramount Skydance's $30-per-share hostile takeover bid but allows a week for a better deal. The board continues to favor the Netflix merger, with shareholder voting scheduled for March.
World stock markets show gains while most Asian exchanges are shut for Lunar New Year celebrations. The Nikkei index in Japan posted a modest increase as trading activity slows regionally.
Toronto philanthropist Emmanuelle Gattuso proposes removing names from buildings when donors pay more, aiming to maximize charitable giving among wealthy Canadians.
The Tycoons initiative will convene approximately 500 elite decision-makers in Dubai on April 12, 2026, as part of AIM Congress 2026, creating an exclusive networking environment for sovereign wealth executives, family-office principals, institutional inv
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A series of violent killings in Mexico casts a pall over a high-level Canadian business delegation's trade mission, though officials insist on strong bilateral economic ties.
A damning report reveals that officials at Quebec's auto insurance board deliberately lied for 10 years to conceal massive cost overruns in the SAAQclic online platform project.
Thomas Pritzker, executive chairman of Hyatt Hotels Corp., has resigned following revelations of his ties to Jeffrey Epstein. The move comes amid ongoing scrutiny of corporate leaders linked to the financier.
A public inquiry into Quebec's SAAQclic IT scandal found mismanagement, deliberate lies to government, and that the premier's office knew of cost overruns 18 months before public disclosure of a $500 million budget blowout.
Canadian businessman Kevin O'Leary has been awarded $2.8 million in a defamation lawsuit against crypto influencer Ben Armstrong, who falsely accused him of murder.
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Wendy's announces plans to close 5-6% of its U.S. restaurants by mid-2026 as part of a strategic turnaround, focusing on underperforming locations amid declining sales.
Scotiabank's 1832 Asset Management has completed its divestment from an Israeli military equipment manufacturer, marking a significant shift in its investment portfolio amid ongoing global scrutiny.
Gold prices declined due to a stronger U.S. dollar amid thin trading volumes, reflecting market caution. The drop highlights ongoing currency impacts on precious metals.
Toys 'R' Us Canada has set a firm deadline for gift card redemptions, with cards no longer accepted after Monday, February 16, 2026, impacting holiday shoppers.
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Global stock markets showed mixed performance, with most indices gaining while Japan declined in anticipation of Lunar New Year closures. Economic factors and holiday effects influenced trading.
Wall Street investors are rapidly selling off stocks in insurance, wealth management, and property sectors as new AI tools threaten to automate broad swaths of white-collar work, wiping billions in market value.
Commerce Secretary Howard Lutnick's past links to Jeffrey Epstein are causing anxiety among financial professionals, while the Trump administration appears unfazed by the controversy.
Investors are closely watching upcoming earnings reports from Canadian Tire and Teck Resources, as these releases could signal broader trends in retail and resource sectors amid a volatile market environment.
Across the U.S., small businesses display signs refusing service to ICE officers, sparking legal debates. Experts clarify when businesses can legally deny entry and how to protect private areas.
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The mayor of Amherstburg claims a $23 million agreement between Diageo and the provincial government offers minimal benefits to the town, sparking local concerns over economic impact.
Magna International's stock soared 24.5% after beating earnings estimates, prompting TD Cowen to raise its price target. The article also covers TD's cautious outlook on Big Six banks and Veritas's dividend growth stock picks for 2026.
Timmins police have reported a surge in online payment scams targeting local businesses over the past six months, with multiple complaints filed. Authorities are urging vigilance as fraudsters exploit digital transactions.
A recipient of Ontario's Skills Development Fund has filed a countersuit against the provincial government, alleging significant reputational harm and seeking legal redress for damages incurred.
A document from the Jeffrey Epstein files reveals connections that led to Kathy Ruemmler's departure from Goldman Sachs, highlighting corporate scrutiny of high-profile associations.
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Ontario Provincial Police have charged three Greater Toronto Area men in connection with an attempted multi-million dollar 'dirty oil' fraud scheme targeting energy sector investors.
