Warner Bros. Rejects Paramount Bid as Risky Buyout
Warner Bros. has rejected a revised acquisition bid from Paramount, labeling it a risky leveraged buyout. Get the full details on this major media industry development.
Category : Corporate News
Warner Bros Rejects Paramount's $108.4B Hostile Takeover
Warner Bros Discovery's board unanimously rejected Paramount Skydance's $108.4 billion hostile bid, calling it a risky leveraged buyout. It reaffirmed commitment to Netflix's $82.7B offer. Read the full analysis.
Hilton Severs Ties After Franchisee Denies DHS Reservations
Hilton Hotels terminated a franchise agreement after a Minneapolis hotel refused reservations to immigration agents. The incident highlights tensions between federal authority and corporate franchise models.
Toronto sex shop warned by Pentagon over Bahrain shipment
A Toronto-based sexual wellness store received official letters from the U.S. Department of Defence after its products were intercepted at a naval base in Bahrain. The owners were told to stop shipping items.
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Garmin Canada's Growth Rooted in Cochrane, Alberta
Garmin Canada's operations continue to expand, with the majority of its 290 employees based at its headquarters in Cochrane, Alberta. Discover how this global tech brand maintains its local roots.
Jollibee to Spin Off International Operations in 2027
Philippines-based Jollibee Foods Corp. plans to spin off its global business into a separate U.S.-listed company by late 2027, a move that sparked a 14.5% stock surge. Learn the details.
Ex-BlackBerry employees allege toxic culture in court docs
Former BlackBerry employees have filed court documents alleging a 'toxic' and 'boys' club' workplace culture at the Canadian tech firm. Get the full story on the legal claims.
U.S. Public Broadcasting Votes to Dissolve Itself
The U.S. Corporation for Public Broadcasting has voted to cease operations in a landmark move. Explore the implications of this decision for public media.
U.S. Losing Battle to Break Up Big Tech Giants
U.S. antitrust efforts to dismantle tech monopolies face major setbacks as judges prove reluctant to order breakups. Explore the implications for Google, Meta, and future cases against Apple and Amazon.
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Uber investigates driver who ejected Jewish camper in U.K.
Uber is urgently investigating after a driver reportedly ejected a Jewish camper and staff member following a conversation about religion. The incident highlights ongoing concerns about antisemitism.
Ex-Ambassador David MacNaughton Joins CIBC as Adviser
Former Canadian ambassador to the U.S., David MacNaughton, has been appointed as a strategic adviser to CIBC, bringing decades of government and business expertise to the bank's leadership.
Goodfood's federal food licence suspended by inspectors
Canadian Food Inspection Agency suspends Goodfood's licence at its Montreal plant. The meal-kit company says it's procedural, not a food safety issue, and expects a quick resolution.
Premium Brands closes $688M US protein supplier deal
Vancouver's Premium Brands Holdings has finalized a major $688 million US acquisition of a key American protein supplier, expanding its North American footprint. Discover the strategic details and market impact.
Saks CEO Steps Down as Bankruptcy Looms
Marc Metrick, CEO of luxury retailer Saks Global, has stepped down as the company faces potential bankruptcy. Get the latest details on this major business shakeup.
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Court Orders Shopify to Retain Data for CRA Case
A federal appeal court has mandated Shopify Inc. to preserve specific data related to a Canada Revenue Agency investigation. This ruling impacts the Ottawa-based e-commerce giant's data retention policies.
Quebec CEO pay gap hits 236 times average salary
A new report shows Quebec's highest-paid CEOs earn 236 times more than the average worker. Explore the data and what it means for economic inequality in the province.
Denmark Ends Postal Mail, Should Canada Follow?
Denmark is eliminating postal mail delivery after 400 years. As physical mail volume plummets in Canada, an Edmonton reader argues it's time for a digital transition and a jobs plan for postal workers.
Canadian CEOs earn 248 times more than average worker
A new report reveals a stark income divide in Canada, with top CEOs now earning 248 times the average worker's pay. Explore the data and its implications for economic inequality.
Warren Buffett's last day as Berkshire Hathaway CEO
Warren Buffett retires as CEO of Berkshire Hathaway on Dec. 31, 2025. A Canadian investment expert reflects on his enduring legacy and investment philosophy. Discover the impact of his final day.
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Canada's Grocery Code of Conduct Takes Full Effect Jan. 1
Canada's grocery industry implements a new mandatory code of conduct on January 1, 2026, designed to ensure fairness between retailers and suppliers. Learn how this impacts the market.
Warren Buffett Steps Back, Berkshire Hathaway Enters New Era
With legendary investor Warren Buffett stepping back, Berkshire Hathaway faces a pivotal transition. Explore the details of his recent $750M donation and what this new chapter means for the conglomerate's future.
Lululemon tells employees 'business as usual' as founder challenges board
Lululemon management reassures employees operations remain normal as founder Chip Wilson contests board appointments. Get the latest on the internal corporate clash.
SoftBank buys DigitalBridge for $3B in AI infrastructure push
Japanese giant SoftBank agrees to a $3 billion cash deal for DigitalBridge, aiming to capitalize on soaring AI-driven demand for data centres and digital infrastructure. Get the full details.
Lululemon founder pushes for board leadership change
Lululemon Athletica Inc. founder Chip Wilson is advocating for a change in the company's board leadership, according to a December 2025 report. Get the details on this major business development.
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Lululemon founder pushes for board changes
Founder Chip Wilson nominates three new board candidates as Lululemon faces slowing growth and a CEO transition. Learn about the activist pressure and strategic challenges.
Lululemon founder launches proxy fight for board control
Lululemon Athletica founder Chip Wilson initiates a proxy battle to reshape the board following the CEO's departure, signaling major corporate upheaval for the Canadian retailer.
Tesla's multi-billion dollar battery deal collapses
A major battery supply agreement worth billions for Tesla has been terminated, with a final settlement of just over seven thousand dollars. Discover the details behind this stunning corporate reversal.
SoftBank buys DigitalBridge in $4 billion AI infrastructure push
Japanese tech giant SoftBank Group is acquiring DigitalBridge in a massive US$4 billion deal to strengthen its global AI infrastructure. The move signals a major investment in data centers and cloud computing capabilities.
South Korea's L&F slashes value of Tesla battery material deal
South Korean firm L&F has significantly reduced the value of its battery material supply contract with Tesla. Explore the details and potential impacts on the EV supply chain.
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Lululemon founder launches proxy fight for board changes
Chip Wilson, founder of Lululemon Athletica, has initiated a proxy battle to overhaul the company's board of directors. Get the latest details on this major corporate governance clash.
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