U.S. Mint to Produce Trump Commemorative Gold Coin
The U.S. Mint can begin minting a Donald Trump commemorative gold coin after the arts commission approved the design, marking a significant numismatic release.
Category : Corporate News
Enmax Dividend Drops to $64 Million in 2025
Enmax's annual dividend to Calgary fell sharply to $64 million in 2025, a significant drop from the previous year's record $103 million, due to a new policy aimed at stability.
Hudson's Bay Gets 3-Month Creditor Protection Extension
An Ontario court has granted Hudson's Bay Co. a three-month extension on creditor protection, allowing more time for art auctions and employee hardship fund distribution.
DOJ Probe into Powell May Backfire, Bolstering Fed Chair
A Department of Justice investigation into Federal Reserve Chair Jerome Powell could inadvertently solidify his standing, potentially shielding him from political pressure and ensuring continuity in monetary policy during a critical economic period.
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French Court Rejects Shein Suspension Bid
A French appeals court has denied a request to suspend the operations of Chinese fast-fashion retailer Shein, allowing the company to continue its business in France amid ongoing legal and regulatory scrutiny.
Ontario Court Extends Hudson's Bay Creditor Reprieve
An Ontario court has prolonged Hudson's Bay's respite from creditors, offering the retailer more time to restructure amid financial challenges, as other business and legal news unfolds across Canada.
3M Acquires Madison Fire in $1.95 Billion Safety Deal
Industrial giant 3M expands its safety and industrial business through a major acquisition of Madison Fire, valued at nearly $2 billion, enhancing its product offerings and market reach.
Halifax Tour Company Sold After 40 Years in Business
A Halifax tour company, known for its amphibious Harbour Hopper vehicles, has been sold after almost 40 years of operation, marking a significant shift in the city's tourism landscape.
JPMorgan: Investors Complacent on Iran War Economic Risks
JPMorgan strategists warn that investors are underestimating the economic damage from soaring oil prices due to the Iran war, with potential GDP and earnings impacts.
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Oil Hits $119, Stocks Sink Worldwide in Market Turmoil
Brent crude oil briefly exceeded US$119 per barrel before retreating, triggering a worldwide stock market decline as investors grapple with economic uncertainty and geopolitical tensions.
Saskatchewan's High-Spending Approach Creates Debt Crisis
Saskatchewan's government faces a fiscal crisis with $1.2 billion in debt interest costs this year, diverting funds from healthcare and education as deficits continue to grow.
Ex-Wife Accused of Stealing $238M Bitcoin After Divorce
A London court case reveals allegations that an ex-wife conspired with a hacker to steal over 2,323 Bitcoin worth $238 million, testing how digital assets are treated under English law.
Micron Shares Fall as Spending Plans Overshadow AI Earnings
Micron Technology reported robust earnings fueled by AI demand, but its shares declined due to concerns over heavy capital expenditure plans impacting investor sentiment.
Investors Face Cloudier Fed Rate View Amid Iran War Market Turmoil
Federal Reserve interest rate forecasts grow uncertain as escalating conflict in the Middle East drives market volatility and oil price surges, complicating investor strategies.
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EM Equities Slide Amid Middle East War, Oil Surges
Emerging market stocks decline sharply as escalating Middle East tensions drive oil prices higher, impacting global financial markets and investor sentiment.
Morgan Stanley Revises Fed Cut Forecasts on Inflation Fears
Morgan Stanley has joined other major banks in delaying expectations for Federal Reserve interest rate cuts, citing ongoing inflation pressures and economic data.
N.B. Budget's Historic Debt May Affect Credit Rating
Finance Minister Eric Girard highlights concerns that New Brunswick's budget, featuring record debt levels, could lead to a credit rating review, amid broader fiscal challenges across Canada.
Namib Minerals Names New CEO and Expands Leadership
Namib Minerals appoints Tulani Sikwila as CEO and welcomes Antonio Nieto as VP of Technical Services, strengthening leadership for strategic growth in African mining.
Windsor's 'Buy Canadian' Snitch Line Pays $30K
A Windsor-based 'Buy Canadian' snitch line has paid out $30,000 to encourage use of Canadian steel in taxpayer-funded projects. Meanwhile, the Khalistan movement gains attention after a local woman's killing, and a Harrow manufacturer expands with Ontario
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Couche-Tard Reports Strong Q3 Earnings, Best in Over Two Years
Alimentation Couche-Tard Inc. announced impressive third-quarter results, with net earnings up 18% year-over-year. The company attributes growth to European currency translation and strategic acquisitions.
Lululemon Forecasts Weaker 2026 Sales Growth
Lululemon anticipates modest 2026 revenue growth of 2-4%, below analyst expectations, with North American sales expected to decline 1-3% due to competition and consumer spending issues.
North Bay Man Charged in $500K Industrial Fraud
A North Bay man has been charged by Ontario Provincial Police in a significant industrial fraud case involving approximately $500,000. The investigation highlights ongoing efforts to combat financial crimes in Northern Ontario's business sector.
Ocean Mining Firm Admits Overstating Growth Potential
Vancouver-based Deep Sea Minerals Corp. is removing promotional materials after admitting it may have overstated growth potential and lacks mining licenses or patents.
Convenience Industry Supports N.B. Plan to Tackle Contraband Tobacco
The convenience store industry in New Brunswick has expressed strong support for the provincial government's new initiative to address the illegal tobacco trade, aiming to reduce crime and protect legitimate businesses.
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Circle K Defies Fuel Price Surge with Strong In-Store Sales
Alimentation Couche-Tard's Circle K business remains resilient despite soaring gasoline prices from Middle East conflict, as CEO Alex Miller highlights sustained merchandise sales and strategic growth plans.
Couche-Tard CEO Optimistic Despite Fuel Cost Strains on Customers
The CEO of Alimentation Couche-Tard remains confident in the company's strategy as increasing fuel prices put financial pressure on consumers across North America.
Lululemon's Weak Forecast Intensifies CEO Search Amid Challenges
Lululemon Athletica forecasts another year of profit declines, adding pressure as it seeks a permanent CEO while facing product issues and competition.
Scotlynn Named to EBN's Best HR Teams of 2026 List
Scotlynn's People Team has been honored as one of Employee Benefit News' Best HR Teams of 2026, recognizing their strategic approach to culture-building and employee development in the competitive supply chain industry.
Lululemon Founder Wilson Pushes for Board Overhaul
Lululemon founder Chip Wilson supports a director's departure and calls for significant board changes, intensifying corporate governance discussions at the athletic apparel giant.
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Disney's New CEO Josh D'Amaro Steps Up for Wild Ride
Josh D'Amaro takes the helm as Disney's new CEO, facing significant challenges in streaming, theme parks, and creative direction. His leadership will be tested in a rapidly evolving entertainment landscape.
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