Coca-Cola's 2026 Outlook Underwhelms as CEO Change Looms
Coca-Cola projects modest 2026 sales growth below analyst expectations, facing headwinds from regulatory pressures and shifting consumer preferences as leadership transitions.
Category : Corporate News
Hasbro Sees Lower Revenue Growth Amid Toy Spending Caution
Toy manufacturer Hasbro forecasts annual revenue growth below analyst estimates, citing continued consumer hesitancy to spend on non-essential items despite a strong holiday quarter performance.
Goldman Sachs CEO Predicts Deal Activity Boost from Sponsors
David Solomon, CEO of Goldman Sachs, suggests that financial sponsors could drive a resurgence in mergers and acquisitions, signaling optimism for the investment banking sector amid current market conditions.
Paramount Enhances Warner Bros. Bid with Cash and Netflix Fee
Paramount Global has increased its bid for Warner Bros. Discovery by adding extra cash and covering potential Netflix break-up fees, intensifying merger talks in the media industry.
BP Halts Share Buybacks as Pressure Mounts
BP Plc suspends its $750 million quarterly share repurchase program to strengthen its balance sheet as the UK energy company faces increasing pressure to deliver on its turnaround strategy.
Fast Food Downturn Reflects U.S. Economic Pressure
Rising prices at fast-food chains are driving away budget-conscious customers, challenging the industry's business model and revealing broader economic concerns.
Coke Demand Up in Q4, But Outlook Sinks Shares
Coca-Cola reports resilient fourth-quarter demand despite higher prices, but a cautious forward-looking statement leads to a significant drop in its stock value, reflecting market concerns.
Alphabet Sells $20B Bonds for AI Spending
Google's parent company, Alphabet, has completed a massive $20 billion bond offering. The funds are earmarked to accelerate its spending in the competitive artificial intelligence sector.
Philips Proposes Re-Appointment of CEO Roy Jakobs
Royal Philips announces proposal to re-appoint Roy Jakobs as CEO, citing strong leadership and progress since 2022. Decision to be voted on at May 2026 AGM.
Bombardier Grows U.S. Service Business with New Deal
Canadian aerospace giant Bombardier strengthens its U.S. aftermarket presence through the acquisition of Velocity Maintenance Solutions, enhancing its service network for business jet operators.
Kalshi CEO: Prediction Markets Price the Future
Tarek Mansour, co-founder of America's largest prediction market Kalshi, discusses how these platforms harness crowd wisdom to forecast events, with insights on political polarization and the company's high-profile advisor Donald Trump Jr.
Canadian News Roundup: Weather, Politics, Business Updates
A comprehensive overview of recent Canadian news covering weather forecasts, political developments, business changes, and various incidents across provinces.
Flair Airlines Names Len Corrado as CEO
Flair Airlines has appointed Len Corrado, former president of Sunwing Airlines, as its new CEO, marking a strategic leadership change for the Canadian ultra-low-cost carrier.
Cleveland-Cliffs Stock Slumps on Revenue Miss
Shares of Cleveland-Cliffs declined following the release of its quarterly financial results, which showed revenue failing to meet market estimates, impacting investor sentiment.
Notified and CIRI Renew Partnership for Fourth Year
Notified and the Canadian Investor Relations Institute have renewed their strategic partnership for a fourth consecutive year, focusing on AI-powered tools and best practices to help IR professionals navigate evolving investor expectations.
Aimia Sells Giovanni Bozzetto to One Equity Partners
Toronto-based holding company Aimia has finalized the sale of its specialty chemical business, Giovanni Bozzetto, to private equity firm One Equity Partners, marking a strategic portfolio shift.
TD Bank's Super Bowl Ad Promotes 'More Human' Banking
TD Bank aired a Super Bowl commercial featuring a delivery robot helped by humans, announcing its 'More Human' brand platform to simplify digital banking with empathy.
Verisk Names Steven Kauderer Claims Solutions President
Verisk, a global data analytics leader for insurance, appoints Steven Kauderer as president of its Claims Solutions business, bringing decades of insurance industry expertise.
TD Bank Super Bowl Ad Promotes 'More Human' Banking
Toronto-Dominion Bank aired a Super Bowl commercial featuring a delivery robot helped by humans, announcing a unified brand platform focused on simplicity and empathy in digital banking.
Calgary's HQ Count Stable Since 2012, But Energy Sector Cuts Jobs
Calgary maintains roughly 220 corporate headquarters, similar to 2012 levels, but employment at these offices has dropped by 5.5% to about 29,800 workers, largely due to energy sector consolidation and efficiency drives.
Paul Saville-King Appointed Group CEO at Unispace
Unispace appoints former CBRE executive Paul Saville-King as Group CEO to lead integrated workplace strategy, design and construction firm through next growth phase.
Coldplay's Chris Martin Sparks Workplace Debate After Kiss Cam
Coldplay frontman Chris Martin's comment on a CEO embracing a colleague during a Boston concert has ignited discussions about workplace boundaries and public displays of affection in professional settings.
Washington Post Publisher Steps Down After Layoffs
Will Lewis, publisher of the Washington Post, announces his resignation days after the newspaper implemented significant staff reductions, amid ongoing industry challenges.
Paul Weiss Chairman Resigns Over Epstein Emails After Trump Win
Brad Karp, chairman of elite law firm Paul Weiss, resigned after Justice Department released emails showing extensive communications with Jeffrey Epstein, following firm's tumultuous dealings with Trump administration.
Trump Supports Nexstar-Tegna TV Merger Deal
Former U.S. President Donald Trump publicly endorsed the proposed $3.54 billion merger between Nexstar Media and Tegna, aiming to boost competition against national networks.
Alberta's Unity Vital for Canada's Future Prosperity
Calgary business leader Karen Brookman argues against Alberta separatism, emphasizing that provincial unity within Canada is essential for economic growth and global competitiveness.
Ottawa Businesses Welcome Federal Return-to-Office Mandate
Ottawa's business community anticipates increased foot traffic and economic revival as federal public servants return to offices four days weekly, addressing pandemic-era declines.
Golden Trump Statue Crippled by Crypto Dispute
A massive golden statue of Donald Trump, dubbed 'Don Colossus,' has been left incomplete due to a cryptocurrency payment dispute between the artist and the commissioning group.
Gold Transforms from Boring Investment to Meme Stock Sensation
Gold, traditionally a stable haven asset, is experiencing unprecedented volatility, trading with the frenzied energy of a meme stock amid global economic shifts.
Montreal Entrepreneur Met Jeffrey Epstein on Private Island
Austin Hill, a Montreal cryptocurrency entrepreneur, acknowledges meeting Jeffrey Epstein on his Caribbean island in 2014 while fundraising for Blockstream. Newly released U.S. government files detail their correspondence from 2014 to 2018.
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