Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Wall Street witnesses history as Big Tech's earnings explosion fuels unprecedented market dominance. Discover which companies are driving the longest winning streak in decades.
Discover how effective leadership directly impacts company performance and profitability, with expert insights from employment lawyer Howard Levitt on what separates successful organizations from struggling ones.
Imperial Oil reports significant profit decline in Q4 2023 as lower crude prices and substantial impairment charges challenge Canada's energy sector. Discover how refining margins and production performed.
Magna International delivers stellar third-quarter performance with $12.1 billion revenue and strategic positioning in the evolving automotive landscape.
Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.
Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.
US stocks retreated Wednesday as investors digested conflicting signals from Big Tech earnings and escalating US-China trade relations, creating market uncertainty.
Canadian toy giant Spin Master reports declining third-quarter results as consumer spending shifts and inventory adjustments impact performance across key product lines.
Canadian Pacific Kansas City shatters expectations with $3.2B Q3 revenue as freight volumes climb. Discover how this railway giant is driving North American trade.
Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.
As tech giants Meta and Microsoft pour billions into artificial intelligence infrastructure, investors are growing restless waiting for returns. Discover how massive AI spending is reshaping the tech landscape and testing Wall Street's patience.
Estée Lauder dazzles investors with better-than-expected quarterly results, driven by explosive growth in their fragrance division and strategic market expansion across Asia.
Rising costs from inflation and new tariffs are putting pressure on Chipotle's bottom line, causing shares to drop as the popular restaurant chain navigates economic challenges.
Restaurant Brands International reports stronger-than-expected sales growth at Tim Hortons, driven by resilient Canadian demand and successful menu innovations.
Despite US tariff turmoil and ongoing merger speculation, Canadian Pacific Railway reports impressive Q3 earnings growth, showcasing remarkable resilience in challenging economic conditions.
New KPMG research shows Canadian businesses face significant project delays and financial risks when failing to conduct proper Indigenous consultations. Discover why corporate Canada is waking up to this critical issue.
Windsor Mayor receives assurance from Enbridge CEO that the company will maintain significant operations in Chatham-Kent despite moving some staff to London.
Microsoft's massive $14 billion data center investment signals aggressive AI push, but investors show caution as shares slip despite beating earnings expectations.
Alphabet's Q1 earnings reveal Google Cloud's explosive 28% growth, driving the tech giant past analyst predictions. Discover how AI investments are paying off big.
Meta Platforms faces investor backlash as Q4 results reveal soaring expenses, reality labs losses, and a significant tax charge, despite revenue growth. Discover what's next for the tech giant.
Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.
Microsoft partners with CarbonCapture in landmark deal to remove carbon dioxide from atmosphere, accelerating climate tech innovation and corporate sustainability leadership.
In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.
Edmonton-based Capital Power reports Q2 earnings decline while exploring massive data centre opportunity in Michigan that could reshape its energy strategy.
Kraft Heinz faces ongoing consumer pressure as shoppers cut back on packaged foods, forcing the company to lower its annual sales and profit outlook for 2024.
Swiss banking giant UBS reports blockbuster third-quarter earnings, crushing analyst forecasts as integration with Credit Suisse accelerates. Discover how strategic moves and market conditions fueled this impressive performance.
Caterpillar's Q2 earnings crush estimates as artificial intelligence data centers drive unprecedented demand for power generation equipment and backup systems.
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
Caterpillar reports stellar Q1 2024 earnings driven by unprecedented demand from data centers and energy sectors, with AI infrastructure fueling industrial equipment sales.