Category : Corporate News


Buffett's Successor May Sell Kraft Heinz Stake

The designated successor to Warren Buffett at Berkshire Hathaway is reportedly considering divesting the conglomerate's massive 325 million share stake in Kraft Heinz, signaling a potential strategic shift.

Barrick Mining names Helen Cai as new CFO

Barrick Mining Corp. appoints Helen Cai as CFO, replacing Graham Shuttleworth, as leadership changes continue following the CEO's exit and amid takeover talks. Read the latest on the gold giant's shakeup.

Nation-Building to Spur Canadian M&A: KPMG Survey

A new KPMG survey reveals that Canadian business leaders expect nation-building initiatives to drive significant merger and acquisition activity throughout 2026. Read the full analysis.

Musk and Ryanair Boss Trade Insults in Public Spat

A debate over Starlink internet on planes escalated into a public feud between Elon Musk and Ryanair CEO Michael O'Leary, with both exchanging harsh insults. Get the full story on this clash of corporate titans.

CPP Investments adds $750M to Northleaf commitment

CPP Investments increases its Canadian mid-market private equity commitment to Northleaf Capital Partners by $750 million, signaling strong confidence in domestic growth. Read the full details.

BlackBerry Says Job Loss Was Not Discriminatory

BlackBerry has formally responded to a complaint, stating a former employee's termination was not discriminatory or retaliatory. Get the full details on this corporate legal matter.

McDonald's Canada Price Freeze Ignites Fast-Food War

McDonald's Canada freezes prices on value meals for a year, triggering a sector-wide battle. This defensive move in an inflationary climate will ripple through the entire Canadian food supply chain.

TSMC profit jumps 35%, plans investment expansion

Taiwan Semiconductor Manufacturing Co. (TSMC) reports a 35% surge in profit for early 2026, prompting plans for significant new investment. Get the details on the chip giant's growth.

Corus Q1 Loss Hits $11.1M, Revenue Down 18%

Canadian media giant Corus Entertainment posted an $11.1 million first-quarter loss as revenue fell 18%. The results highlight ongoing challenges in the broadcasting sector.

Luxury Retailer Saks Global Files for Bankruptcy

Luxury retail giant Saks Global has filed for bankruptcy protection as it prepares for a significant corporate restructuring. Get the latest details on this major business development.

CI Global to Manage Invesco Canada Mutual, ETF Funds

Invesco Ltd. signs deal for CI Global Asset Management to become manager of its Canadian retail mutual and exchange-traded funds family, effective 2026. Key shift in asset management landscape.

2026 to be the Year of Intentional Media: PressReader

A new report from PressReader predicts a major shift in digital news publishing for 2026, moving away from clickbait towards trust-building, intentional media experiences. Discover the three key trends.

Delta Forecasts Earnings Growth, Places Boeing 787 Order

Delta Air Lines projects robust earnings growth fueled by sustained demand for premium travel and has placed a major order for Boeing 787 Dreamliners. Get the full details on the airline's strategic expansion.

Lululemon's holiday sales show rebound, shares rise

Lululemon Athletica's fourth-quarter sales are trending toward the high end of its forecast, signaling a rebound. Net revenue could reach US$3.585 billion. Read the latest on the yogawear giant's performance.

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