RBI Posts Higher Revenue, Lower Profit in Q4 2025
Restaurant Brands International reported 5.8% growth in system-wide sales for Q4 2025, with Tim Hortons revenue reaching $1.1 billion, though profit margins declined.
Category : Corporate News
Hermès Chairman Axel Dumas Details Epstein's Targeting Attempts
Hermès executive chairman Axel Dumas reveals Jeffrey Epstein repeatedly sought meetings with him, with one unplanned encounter occurring in 2013. Dumas says he actively avoided the disgraced financier.
Air Canada Orders Airbus A350-1000 Jets in Fleet Upgrade
Air Canada has placed a significant order for eight Airbus A350-1000 widebody jets, with options to double it, as part of a fleet modernization strategy aimed at boosting efficiency and passenger comfort.
McDonald's Sales Surge on $5 Value Meal Success
McDonald's U.S. sales grew 6.8% in Q4 2025, the fastest pace in over two years, fueled by value meals and promotions. However, analysts question sustainability as company forecasts slower Q1 growth.
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Product of the Year Canada Unveils 2026 Award Winners
Product of the Year Canada has revealed its 2026 award winners, determined by a national survey of 4,000 shoppers, highlighting innovative products across 40 categories.
Sonoco Appoints Craig L. Nix to Board of Directors
Sonoco Products Company announces the appointment of Craig L. Nix, CFO of First Citizens BancShares, to its Board of Directors, bringing extensive financial leadership experience.
RLC Global Forum and Hamat Honor Leaders at 2026 Riyadh Gala
The 2026 RLC Honors Gala Dinner in Riyadh recognized Marco Bizzarri and Ingie Chalhoub for lifetime achievements in luxury retail and women's leadership, celebrating lasting impact in the global consumer sector.
Early Planning Essential for Family Business Succession
Experts warn that delaying succession planning in family businesses can lead to shareholder disputes and fractured relationships. Starting conversations early allows for alignment and thoughtful preparation of successors.
Ex-SAAQ VP Denies Wrongdoing, Alleges Reputation Plot
Karl Malenfant, former vice president of information technology at SAAQ, preemptively rejects all blame ahead of the SAAQClic report's publication, maintaining there was a conspiracy to destroy his reputation.
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Toys 'R' Us Canada Nears More Store Closures
Court filings reveal Toys 'R' Us Canada is on the brink of shuttering additional locations, signaling ongoing challenges for the iconic toy retailer in the Canadian market.
Edmonton Breweries Pursue Entertainment District Status
Breweries along Edmonton's Happy Beer Street are pushing for official entertainment district status to boost tourism and support local businesses through extended hours and events.
McDonald's Q4 Growth Beats Estimates with Value Strategy
McDonald's Corp. reported robust fourth-quarter results with U.S. sales growing at the fastest pace in over two years, driven by value meals and marketing promotions that resonated with cost-conscious consumers.
Heineken Cuts 6,000 Jobs as Sales Drop, Profits Increase
Dutch brewer Heineken announces plans to cut up to 6,000 jobs, about 7% of its global workforce, over two years due to falling beer sales and revenues, despite a 4.4% profit increase in 2025.
Solstice Appoints Maureen Keough as President and CEO
Solstice Environmental Management announces Maureen Keough as its new President and CEO, succeeding founder Michelle Cotton in a strategic leadership transition focused on sustainability.
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Canadian Jewelry Firm Explores Alternative Metals
A Canadian jewelry company is investigating alternative metals to combat volatile precious metal prices, aiming to stabilize costs and innovate designs in a challenging market.
Court Approves Hardship Fund for Ex-Hudson's Bay Staff
A court has authorized a hardship fund and termination payments for certain former Hudson's Bay employees, providing financial relief amid corporate restructuring.
Couche-Tard's New Strategy After 7-Eleven Bid Ends
Alimentation Couche-Tard has announced a comprehensive new business strategy following the termination of its attempt to acquire 7-Eleven's parent company last year, focusing on organic growth and operational enhancements.
Court Approves $5M Fund for Hudson's Bay Ex-Employees
Ontario court approves $5-million hardship fund to provide partial disability benefits and support for over 9,300 former Hudson's Bay employees after the retailer's collapse.
Big Six Canadian Banks Back Proposed Defence Bank
Canada's six largest banks have unanimously endorsed a new defence bank proposal aimed at bolstering national security investments, signaling strong corporate support for strategic economic initiatives.
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Kraft Heinz Pauses Split, New CEO Prioritizes Business Turnaround
Kraft Heinz Co. suspends its separation plan under new CEO Steve Cahillane, who will invest $600 million in marketing and R&D to drive profitable growth first.
Shopify Stock Falls Despite Strong Q4 and AI Push
Shopify reported its highest quarterly revenue ever in Q4 2025, beating analyst expectations, but shares declined 12.5% as investors reacted to broader market concerns.
Excluding Pension from Severance Is Costly Legal Risk
Employment lawyer Howard Levitt warns that severance packages must include pension benefits to avoid legal exposure. Omitting these valuable assets can lead to substantial financial liabilities for employers.
Vista Orders 40 Bombardier Challenger 3500 Jets
Private aviation firm Vista Global has finalized a significant order for 40 Bombardier Challenger 3500 aircraft, marking a major expansion in its fleet capabilities.
Heineken Cuts 7% of Staff as Beer Demand Declines
Heineken NV will eliminate 5,000 to 6,000 jobs over two years in response to falling beer demand, rising prices, and changing consumer habits. The Dutch brewer also reported a 2.4% volume drop in 2025.
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Cineplex Q4 Profit Plummets to $369,000 from $3.3M
Cineplex Inc. announced a significant drop in fourth-quarter profit, falling to $369,000 compared to $3.3 million the previous year, reflecting ongoing pressures in the cinema industry.
Shopify Stock Soars on Strong Revenue Beat
Shopify's shares jumped over 10% in premarket trading after reporting a 31% revenue increase to $3.7 billion, beating analyst forecasts for the fourth quarter.
Lyft Shares Tumble on Weaker Ride Growth, Future Targets Scrutinized
Lyft's stock fell sharply after reporting 945.5 million rides in 2025, with slowing growth casting uncertainty over the company's long-term financial and operational goals, prompting investor scrutiny.
Kraft Heinz Halts Split, CEO Says Problems 'Fixable'
Kraft Heinz has paused its plan to split into two companies, with the new CEO stating the firm's challenges are manageable and fixable as it refocuses on core operations.
Edmonton Woman Charged in $138K Business Fraud
An Edmonton woman faces charges after allegedly defrauding a local business of $138,000. The RCMP investigation highlights growing concerns about financial crimes in Alberta's capital region.
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CPRS Inducts Ten New Fellows to College
The Canadian Public Relations Society announces ten new inductees to its College of Fellows, honoring their exceptional contributions to PR and communications management in Canada.
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