Airbnb Expands into Hotels, Cars, and Groceries
Airbnb is broadening its services to include hotels, car rentals, and grocery delivery, aiming to become a comprehensive travel and lifestyle platform.
Category : Business Innovation
Wall Street rallies as bond yields ease, oil prices fall
U.S. stocks rose sharply on Wednesday as bond market pressure eased and oil prices dropped, boosting investor sentiment across sectors.
OpenAI Plans Confidential IPO Filing in Coming Weeks
OpenAI is preparing to confidentially file for a U.S. IPO in the coming weeks, aiming to go public as early as September, sources say.
Quebec Village at Centre of Nation-Building Project
A Quebec village is central to a major nation-building project. Political analyst Sharan Kaur discusses the significance and budget prospects.
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Ujiri Says He Decided to Fire Mavericks Coach Kidd
Dallas Mavericks president Masai Ujiri confirmed he made the call to remove Jason Kidd as head coach, citing the need for a new direction for the team.
ByWard Market Incubator Supports Immigrant Entrepreneurs
Ottawa's ByWard Market launches Immigrant Canada Retail Incubator Program, helping newcomer entrepreneurs launch businesses with vendor village support.
North Bay Sports Complex on Time and Budget for August Opening
The $63M Steve Omischl Sports Complex in North Bay remains on schedule and within budget, with no cost overruns from US tariffs. Opening set for August 2026.
Wave of Rail Mergers 'Inevitable' if CPKC Takeover Approved
CPKC CEO warns that approval of its takeover bid could trigger a wave of rail mergers across North America, reshaping the industry.
Meta CEO: No More Layoffs This Year, Internal Memo Says
Meta CEO Mark Zuckerberg told employees in an internal memo that he does not anticipate additional company-wide layoffs in 2026, according to a Reuters exclusive.
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World Cup Fans Disappointed by High Costs in Vancouver
As the FIFA World Cup approaches, Vancouver fans express disappointment over soaring ticket and hotel prices, raising doubts about promised economic benefits.
Finofo AI AP Platform for Canadian Finance Teams
Finofo introduces an AI-powered accounts payable platform for Canadian mid-sized businesses, automating invoice ingestion, matching, approvals, and payments end-to-end.
U.S. Stocks Recover as Bond Pressure Eases, Oil Falls
Wall Street rebounded as Treasury yields retreated and oil prices declined, easing investor concerns. The Dow rose 1.2%, S&P 500 gained 0.9%, and Nasdaq added 0.7% amid mixed economic data.
CN Rail Pledges $100M to Fight Homelessness
Canadian National Railway commits $100 million to combat homelessness across its North American network, aiming to support housing and social services.
Bradford Proposes Crackdown on Mini-Motorcycles
Mayoral candidate Brad Bradford unveils an eight-point plan to regulate mini-motorcycles and e-bikes, citing safety concerns and battery fire risks.
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Amherstburg Opens Baseball-Themed Playground at Malden Centre Park
Amherstburg celebrates the grand opening of a baseball-themed playground at Malden Centre Park, featuring inclusive equipment and a rubberized diamond surface.
RBC to Manage Canadian Share Orders for SpaceX IPO
SpaceX's IPO targets up to US$75 billion with a valuation over US$2 trillion. Goldman Sachs leads, with Morgan Stanley, BofA, Citi, and JPMorgan. RBC handles Canadian orders.
Canadian Pensions Halt $3B Private Equity Sales on Valuation Gaps
Two Canadian pension funds shelved efforts to sell private equity stakes worth $3 billion after bids fell short of expectations, reflecting wariness of Chinese assets.
Boston Metal Raises $75M for Critical Metals Business
Boston Metal secured $75 million to expand its Molten Oxide Electrolysis platform, producing critical metals from low-grade feedstocks to strengthen supply chains.
Verisk Appoints Pradip Patiath to Board of Directors
Verisk announces Pradip Patiath, McKinsey Senior Partner, joins its Board of Directors. Kathleen Hogenson retires after serving since 2016.
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RAD Toys and Games Opens Next to RAD Cards and Collectibles
Robbie Logan, with parents Dave and Adrea, opened RAD Toys and Games at Centre Mall, expanding their business with LEGO, puzzles, board games, and more.
TJX Raises Annual Sales and Profit Forecasts
TJX Cos raised its annual sales and profit forecasts, citing strong customer demand for off-price apparel and home goods. Shares rose in premarket trading.
Lowe's Keeps Annual Forecasts Despite Housing Market Challenges
Lowe's reaffirms its annual forecasts despite a tough U.S. housing market. The home improvement retailer cites cautious consumer spending and high interest rates.
Keyera, AltaGas, CN Partner for ACE Rail Terminal
Keyera, AltaGas, and CN announce a strategic partnership to build the ACE Rail Terminal, enhancing Canada's energy competitiveness and global market access.
AI, Energy, Demographics: 5 Megatrends Reshaping Business Hubs
Colliers report reveals five megatrends—AI, demographics, energy scarcity, climate risks, shifting global order—redefining corporate real estate and location strategy.
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BC Downplays Vancouver Hotel Booking Drop Before World Cup
British Columbia officials downplay a reported decline in Vancouver hotel bookings ahead of the 2026 FIFA World Cup, citing early planning and long-term benefits.
Alberta's New 'Strong and Free' Licence Plates and Signs Coming
Alberta will introduce 'Strong and Free' licence plates in September and new welcome road signs, replacing the old 'Wild Rose Country' designs at a cost of $3.5 million.
Trust is the product: Canada's financial platforms redefine cybersecurity
In a platform economy, cybersecurity shifts from protection to participation, becoming the foundation of trust. Canada's financial platforms like DCBank lead this change.
Highway 3 Tourism Corridor Initiative Launched
A new initiative aims to simplify travel planning and increase visitation along the Highway 3 tourism corridor in Alberta, enhancing the visitor experience.
Alberta Invests $21M in Defence Program to Boost Sectors
Alberta announces $21 million for a new defence program to spur development across multiple sectors, enhancing innovation and economic growth in the province.
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Canada's Wealth Fund Not for Tax Cuts: Champagne
Canada's finance minister says the new sovereign wealth fund aims to let citizens invest in nation-building projects, not reduce taxes. The fund will be seeded with $25 billion.
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