Law Firm Chairman Resigns Over Epstein Connections
Brad Karp resigns as Paul Weiss chairman after documents reveal his professional and social ties to Jeffrey Epstein while advising billionaire Leon Black on financial matters.
Category : Corporate News
Thomson Reuters Q4 Profit $332M, Dividend Up 10%
Thomson Reuters announced a robust fourth-quarter profit of US$332 million and increased its quarterly dividend by 10 percent, signaling financial strength and shareholder confidence.
BCE Q4 Profit $594M, Crave Subscriptions Up 26%
BCE Inc. announced a fourth-quarter profit of $594 million attributable to shareholders, with its Crave streaming service seeing a significant 26% increase in subscriptions.
Canada Goose Beats Q3 Revenue Estimates
Luxury outerwear brand Canada Goose reports third-quarter revenue exceeding analyst projections, showcasing resilience in the premium apparel market.
Court Asked to Approve Hardship Fund for Ex-Hudson's Bay Staff
Legal representatives for former Hudson's Bay Company employees have filed a court application to establish a hardship fund, aiming to provide financial support to workers affected by recent corporate changes.
Canadian Miner's Lawyer Held as Political Prisoner in Venezuela
Gold Reserve Ltd. says its long-time Venezuelan lawyer José Ignacio Moreno Suárez is imprisoned without trial for over 2.5 years, highlighting risks for businesses in Venezuela.
Dave's Hot Chicken Debuts Super Bowl Ad and Sports Partnerships
Dave's Hot Chicken makes its Super Bowl advertising debut with a fan-focused commercial, partners with DraftKings for a $10,000 contest, and collaborates with Bleacher Report for a special Big Game moment.
Netflix CEO Grilled by GOP Over Warner Bros. Deal
Senate Republicans challenged Netflix co-CEO Ted Sarandos about the streamer's proposed acquisition of Warner Bros., accusing the platform of pushing left-wing propaganda and woke content during a tense hearing.
Nike Faces U.S. Probe Over Alleged White Worker Discrimination
The U.S. government is investigating Nike for potential discrimination against white employees, a probe that could have significant implications for corporate diversity policies.
Canadian Firms Criticized for ICE Contracts as Economy Struggles
Canadian businesses like Roshel and Hootsuite face activist pressure over contracts with U.S. immigration enforcement, sparking debate about economic impacts and corporate ethics during recession fears.
T. Rowe Price Profit Jumps on Stock Market Rally
T. Rowe Price, backed by Goldman Sachs, sees significant profit growth driven by a strong stock market rally, highlighting investor confidence and market dynamics.
Washington Post Layoffs Hit 30% of Staff, Former Editor Blasts Bezos
The Washington Post has laid off approximately 30% of its employees, devastating news divisions. Former executive editor Marty Baron condemns owner Jeff Bezos for brand destruction and moral failures.
Washington Post Launches Layoffs in Cost-Cutting Move
The Washington Post has begun significant job cuts across most news departments as part of a restructuring plan to address financial losses and adapt to changing media consumption patterns.
Washington Post Cuts One-Third of Staff
The Washington Post has announced a significant reduction of its workforce, eliminating approximately one-third of its staff positions. This move represents a major blow to the historic news organization.
Washington Post Announces Major Layoffs and Restructuring
The Washington Post announced significant layoffs and restructuring, including closing its sports section and eliminating Books, drawing backlash from staff and former editor Marty Baron.
Ex-IWK CEO Tracy Kitch to Be Sentenced for Fraud
Tracy Kitch, former CEO of IWK Health Centre, is set to be sentenced for fraud. The case highlights accountability in healthcare leadership and financial management.
Ex-Post Editor Slams Bezos Over Newsroom Layoffs
Marty Baron, former Washington Post editor, criticizes Jeff Bezos for massive layoffs and policy changes, calling it a betrayal of journalistic values and a dark chapter for the newspaper.
Washington Post Lays Off One-Third of Staff
The Washington Post is implementing sweeping layoffs affecting one-third of its workforce, eliminating its sports department, and restructuring operations amid subscriber losses and internal turmoil.
Washington Post Lays Off One-Third of Staff in Major Restructuring
The Washington Post is implementing significant workforce reductions, with one-third of its employees across all departments being laid off, as reported by The Associated Press in February 2026.
Teskey Named CEO of Brookfield Asset Management
Brookfield Asset Management announces Connor Teskey as new CEO, succeeding Bruce Flatt who remains chair and parent company CEO in planned leadership succession.
Teskey Takes Over as Brookfield Asset Management CEO
Brookfield Asset Management announces Connor Teskey as new CEO, succeeding Bruce Flatt who remains chair and parent company CEO in planned succession.
Chipotle, Mondelez Shares Slide on Weak Demand
Shares of Chipotle Mexican Grill and Mondelez International declined as both companies face challenges from softening consumer demand and increasing operational expenses, impacting their sales outlook.
Walmart Reaches $1 Trillion Market Cap Milestone
Walmart Inc. has joined the exclusive $1 trillion market capitalization club, driven by technological investments and appeal to value-conscious shoppers across income levels.
BusinessATS Q3 Profit and Revenue Rise Year-Over-Year
BusinessATS announces third-quarter financial results showing growth in both profit and revenue compared to the previous year, highlighting robust performance in a dynamic market.
Brookfield Reports $615M Q4 Profit, Raises Dividend
Brookfield Asset Management has announced a strong fourth-quarter profit of US$615 million and increased its dividend, reflecting robust performance in its global investment portfolio.
CGI Acquires Atlanta-Based Stratfield Consulting
Montreal-based CGI Group has signed a definitive agreement to acquire Stratfield Consulting, an Atlanta-headquartered firm, strengthening its U.S. market presence and consulting capabilities.
Melinda Gates Questions Bill Gates on Epstein Ties
Melinda French Gates publicly states her ex-husband Bill Gates must address questions regarding his connections to Jeffrey Epstein, highlighting ongoing scrutiny.
Uber Profit Forecast Below Estimates Amid Margin Pressure
Uber's latest financial outlook indicates profit will fall short of analyst expectations, as increased trip volume from discounted rides fails to offset the negative impact on profitability margins.
Yum Brands Tops Sales Estimates Amid Value Meal Demand
Yum Brands, parent company of KFC, reports stronger-than-expected same-store sales as budget-conscious diners increasingly opt for value-oriented menu offerings.
Musk's SEC Twitter Lawsuit Dismissal Bid Rejected
A federal judge has denied Elon Musk's attempt to dismiss an SEC lawsuit alleging he delayed disclosing his Twitter stake, costing shareholders over $150 million.
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