Air Canada CEO Sees Strong Q4 Bookings, Positive 2026 Signs
Air Canada's CEO Michael Rousseau shares optimistic outlook with robust fourth-quarter booking momentum and positive indicators pointing toward strong performance in early 2026.
Category : Corporate News
American Airlines Cuts Management at Texas HQ
American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.
Air Canada Reports Record Q3 2025 Financial Results
Air Canada delivers stellar third-quarter performance with record operating income of $1.6 billion and adjusted EBITDA of $1.8 billion, showcasing robust demand across all travel segments.
Financial Post Opens Western Canada Bureau in Calgary
The Financial Post announces strategic expansion with new Western Canada bureau in Calgary, strengthening coverage of energy, economy and business innovation from Canada's booming western provinces.
U.S. Steel Plans $1.1B Investment Through 2028
U.S. Steel announces transformative $1.1 billion capital investment strategy across all business segments, focusing on modernization and operational excellence through 2028.
Interac Launches Konek: New Canadian Payment System
Interac revolutionizes online payments in Canada with Konek, offering secure, instant bank-to-bank transfers that challenge credit card dominance and boost small business opportunities.
Pizza Hut Parent Company Considering Chain Sale
Yum Brands, the corporate parent of Pizza Hut, is reportedly considering selling the struggling pizza chain as sales decline and franchisees face financial challenges across Canada and the US.
Amazon fined $10K in BC delivery definition case
A British Columbia court case has resulted in a $10,000 fine against Amazon and established a crucial legal definition for delivery services that could impact e-commerce across Canada.
Nova Scotia Entrepreneur Bill Mont Dies at 96
The Atlantic Canadian business community remembers Bill Mont, founder of Mount Holdings, whose entrepreneurial spirit and philanthropy shaped Nova Scotia for generations.
Major Tesla investor rejects Musk's $56B pay package
A prominent Tesla investor announces plans to vote against Elon Musk's massive compensation package, calling it 'incomprehensible' amid company challenges.
Norway Wealth Fund Opposes Musk's $56B Tesla Pay Deal
World's largest sovereign wealth fund joins growing opposition to Musk's controversial compensation deal ahead of Tesla shareholder vote.
Boeing Faces First Civil Trial Over Ethiopia Crash
Boeing confronts its first civil trial as families of Ethiopian Airlines Flight 302 victims pursue damages. The landmark case could expose internal safety failures and set legal precedents for aviation accountability.
Bradford employer rescues stranded employees from Jamaica
A Bradford manufacturing company goes above and beyond to bring home employees stranded in Jamaica after devastating hurricane, showcasing extraordinary corporate compassion during crisis.
Kimberly-Clark Buys Kenvue in $32B Deal
In a landmark move shaking up the consumer products industry, Kimberly-Clark completes acquisition of Kenvue, forming a powerhouse expected to generate $32 billion in annual revenue.
Starbucks Sells 60% China Stake in $4B Deal
Coffee giant Starbucks divests 60% of its China business to new consortium in landmark transaction that reshapes Asian retail landscape
CPAB Appoints Sonny Randhawa as Incoming CEO
The Canadian Public Accountability Board appoints Sonny Randhawa as new CEO, bringing extensive financial regulation experience to strengthen audit oversight across Canada.
Corus Entertainment Announces Debt-for-Equity Recapitalization
Canadian media giant Corus Entertainment announces groundbreaking recapitalization strategy, converting substantial debt into shares while securing new financing to navigate evolving broadcast landscape.
BC chemical company embroiled in lawsuits after sanctions
A controversial British Columbia chemical distributor is embroiled in multiple lawsuits and international legal battles, revealing a complex web of allegations involving sanctioned substances and corporate intrigue.
Trump May Pardon Binance Founder CZ: Report
Former President Donald Trump is reportedly considering a pardon for Changpeng Zhao, the ousted Binance CEO, raising questions about political influence in cryptocurrency regulation.
Alex Tilley, Tilley Endurables Founder, Dies at 87
Alex Tilley, the visionary entrepreneur who created Canada's iconic adventure hats and built Tilley Endurables into a global brand, has died at age 87 in Toronto.
Marco Mendicino joins Cassels law firm
Marco Mendicino, former chief of staff to Mark Carney and ex-Liberal MP, brings his extensive financial and government expertise to Cassels Brock as a partner in their growing Toronto office.
Jamie Dimon: The Wall Street Conqueror
Discover how Jamie Dimon transformed JPMorgan Chase into a global banking powerhouse and became Wall Street's most influential CEO through crisis leadership and strategic vision.
Calgary man charged in $2 million fraud scheme
A Calgary resident has been charged following an extensive fraud investigation that uncovered nearly $2 million in alleged financial crimes. Discover the details of this sophisticated scheme.
Meta's $10 Billion Bond Sale: Strategic Financing Move
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.
$80K Whipped Cream Theft Stuns Guelph
Guelph police investigate massive theft of whipped cream canisters worth approximately $80,000 in a sophisticated overnight warehouse burglary that has local businesses on alert.
Carney Tours Korean Shipyard for AUKUS Submarine Tech
Former Bank of Canada governor Mark Carney's strategic visit to HD Hyundai Heavy Industries reveals Canada's pivotal role in AUKUS submarine development and clean energy partnerships.
Sheertex Launches Strategic Review Amid Staff Layoffs
Montreal-based Sheertex launches strategic review that could lead to sale amid significant staff layoffs, shaking up the hosiery innovation landscape.
Spin Master Q3 Profit and Revenue Decline
Canadian toy giant Spin Master reports declining third-quarter results as consumer spending shifts and inventory adjustments impact performance across key product lines.
Air Canada Wins Employee Experience Award
Air Canada's innovative employee-centric strategy earns top honors at Customer Centricity World Series Awards, recognizing how investing in staff creates exceptional customer experiences.
Air Canada Wins Employee Experience Strategy Award
Air Canada earns top honors at Customer Centricity World Series Awards for groundbreaking employee experience strategy that's transforming customer service excellence across North America.
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