Musk Polls X Users on Buying Ryanair Amid CEO Feud
Elon Musk has escalated his public feud with Ryanair CEO Michael O'Leary by polling X users about purchasing the airline, following disagreements over Starlink installation.
Category : Corporate News
Buffett's Successor May Sell Kraft Heinz Stake
The designated successor to Warren Buffett at Berkshire Hathaway is reportedly considering divesting the conglomerate's massive 325 million share stake in Kraft Heinz, signaling a potential strategic shift.
Carney pitches for investment at Davos World Economic Forum
Prime Minister Mark Carney kicks off a global growth agenda at the World Economic Forum in Davos, focusing on Arctic security and collective investment. Read the latest on Canada's economic diplomacy.
Ssense lenders block founder buyout, seek liquidation
A BMO-led lender group asks Quebec court to dismiss Ssense founders' buyout bid, arguing liquidation offers better debt recovery. The luxury retailer owes over $113 million.
KPMG: 33% of Canadian Firms Plan Major 2026 Acquisitions
A new KPMG Canada report forecasts a major surge in M&A activity for 2026, driven by federal nation-building strategy and economic optimism, with one-third of businesses planning acquisitions.
Okotoks Brewery in Trademark Fight with Warner Bros
Hub Town Brewing in Okotoks is opposing Warner Bros' Canadian trademark for 'butter beer,' claiming prior use since 2019. A classic David vs. Goliath story unfolds. Read the full details.
Barrick Mining names Helen Cai as new CFO
Barrick Mining Corp. appoints Helen Cai as CFO, replacing Graham Shuttleworth, as leadership changes continue following the CEO's exit and amid takeover talks. Read the latest on the gold giant's shakeup.
Air Transat to launch new loyalty program with Desjardins, Visa
Air Transat is launching a new customer loyalty program in partnership with Desjardins and Visa in 2026. Discover the details and what it means for Canadian travellers.
Air Transat, Desjardins, Visa Launch New Loyalty Program
Air Transat partners with Desjardins and Visa to launch a new loyalty program in 2026, offering enhanced travel rewards for Canadian customers. Discover the details.
Windsor's Loretta Stoyka earns second Athena Leadership Award
Loretta Stoyka, who pioneered Windsor's Athena Leadership Award 30 years ago, wins it for a second time. The Windsor-Essex Chamber of Commerce also honours the Zekelman Foundation as it marks its 150th anniversary.
Nation-Building to Spur Canadian M&A: KPMG Survey
A new KPMG survey reveals that Canadian business leaders expect nation-building initiatives to drive significant merger and acquisition activity throughout 2026. Read the full analysis.
Experts: Lululemon's next CEO must refashion retailer for success
Industry experts analyze the critical task awaiting Lululemon's next CEO. Discover the challenges and strategies needed to steer the iconic Canadian athleticwear brand towards future growth.
Musk and Ryanair Boss Trade Insults in Public Spat
A debate over Starlink internet on planes escalated into a public feud between Elon Musk and Ryanair CEO Michael O'Leary, with both exchanging harsh insults. Get the full story on this clash of corporate titans.
Flair Airlines reroutes strategy to lure corporate travellers
Flair Airlines CEO Maciej Wilk unveils a new 2026 strategy to attract business travelers without a traditional business class cabin. Learn how the budget carrier plans to compete.
Former CBC HR employee sues over toxic workplace, 'crying room'
A former CBC HR manager alleges a toxic, discriminatory workplace with a 'crying room' and a secret 'do not hire' list targeting marginalized groups. Lawsuit filed in N.W.T.
CPP Investments adds $750M to Northleaf commitment
CPP Investments increases its Canadian mid-market private equity commitment to Northleaf Capital Partners by $750 million, signaling strong confidence in domestic growth. Read the full details.
BlackBerry Says Job Loss Was Not Discriminatory
BlackBerry has formally responded to a complaint, stating a former employee's termination was not discriminatory or retaliatory. Get the full details on this corporate legal matter.
McDonald's Canada Price Freeze Ignites Fast-Food War
McDonald's Canada freezes prices on value meals for a year, triggering a sector-wide battle. This defensive move in an inflationary climate will ripple through the entire Canadian food supply chain.
TSMC profit jumps 35%, plans investment expansion
Taiwan Semiconductor Manufacturing Co. (TSMC) reports a 35% surge in profit for early 2026, prompting plans for significant new investment. Get the details on the chip giant's growth.
Canaccord Genuity buys Carbon Reduction Capital for renewables
Canaccord Genuity has acquired Carbon Reduction Capital, marking a major strategic move to grow its renewable energy and sustainable investment business in Canada and beyond.
Corus Q1 Loss Hits $11.1M, Revenue Down 18%
Canadian media giant Corus Entertainment posted an $11.1 million first-quarter loss as revenue fell 18%. The results highlight ongoing challenges in the broadcasting sector.
Luxury Retailer Saks Global Files for Bankruptcy
Luxury retail giant Saks Global has filed for bankruptcy protection as it prepares for a significant corporate restructuring. Get the latest details on this major business development.
Business group criticizes SAAQ over SAAQclic security failures
A Montreal public market association is demanding answers from the SAAQ after a major security breach in its SAAQclic platform exposed sensitive business data. Read the full report.
CI Global to Manage Invesco Canada Mutual, ETF Funds
Invesco Ltd. signs deal for CI Global Asset Management to become manager of its Canadian retail mutual and exchange-traded funds family, effective 2026. Key shift in asset management landscape.
Maple Leaf Foods forecasts 2026 revenue growth, ups dividend
Maple Leaf Foods announces a mid-single-digit revenue growth target for 2026 and a dividend increase, signaling confidence in its strategic plan. Read the latest business update.
2026 to be the Year of Intentional Media: PressReader
A new report from PressReader predicts a major shift in digital news publishing for 2026, moving away from clickbait towards trust-building, intentional media experiences. Discover the three key trends.
Delta Forecasts Earnings Growth, Places Boeing 787 Order
Delta Air Lines projects robust earnings growth fueled by sustained demand for premium travel and has placed a major order for Boeing 787 Dreamliners. Get the full details on the airline's strategic expansion.
Ming Pao winds up Canadian operations, lays off 60
The prominent Chinese-language newspaper Ming Pao is ceasing its Canadian publishing operations, resulting in 60 layoffs. This marks a significant shift for Canadian media.
Lululemon's holiday sales show rebound, shares rise
Lululemon Athletica's fourth-quarter sales are trending toward the high end of its forecast, signaling a rebound. Net revenue could reach US$3.585 billion. Read the latest on the yogawear giant's performance.
Meta names ex-Trump adviser Dina Powell McCormick as president
Meta Platforms Inc. has appointed former Trump administration official Dina Powell McCormick as its new president and vice chairman, a major leadership move for the tech giant in 2026.
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