Man arrested after theft of 40 vases from Hamilton cemetery
Police arrested a Toronto man after approximately 40 vases were stolen from multiple grave sites at a Hamilton cemetery. The investigation is ongoing.
Category : Corporate News
Hasbro Keeps Annual Forecasts Intact Despite Quarterly Beat
Toy maker Hasbro reports quarterly results that beat expectations but maintains its annual forecasts, expecting about $50 million in tariff refunds.
Samsung Reaches Last-Minute Deal with Union to Avert Strike
Samsung Electronics and its union have reached a tentative agreement, averting a strike at the world's largest memory chipmaker that could have disrupted global tech supply chains.
Sherritt Signs Deal to Sell Majority Stake
Sherritt International has signed a preliminary agreement to sell a majority stake in the company, marking a significant shift in the mining and energy firm's ownership structure.
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Sherritt eyes deal with Gillon Capital amid Cuba sanctions
Canadian miner Sherritt International has entered a non-binding term sheet with US-based Gillon Capital for a private placement of up to 55% of its common shares, as it faces mounting US sanctions on its Cuba operations.
Mango Heir Bail Order Shows Inheritance Rift
A Spanish judge cited text messages and contradictory accounts in ordering Jonathan Andic's €1 million bail over his father's death, highlighting family tensions.
U.S. Stocks Rise on Strong Earnings Reports
U.S. stocks edged toward their first gain in four days, driven by robust corporate earnings. The Dow rose 0.3%, S&P 500 up 0.4%, and Nasdaq gained 0.5%.
CPP Investments Sells PE Fund Portfolio for $4B
CPP Investments has sold a portfolio of private equity fund interests, generating net proceeds of approximately $4 billion, as part of its asset management strategy.
Essex Agreement for New Industrial Park
Essex has reached an agreement to develop a new industrial park, aiming to boost local economy and create jobs. The project is expected to attract investment and enhance regional infrastructure.
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ISC to be acquired by Plenary Americas LP in $1.2B deal
Information Services Corporation (ISC) will be acquired by Plenary Americas LP in a $1.2 billion deal, marking a major shift in Canadian data and registry services.
Big Six Bank Valuations Soar Amid Economic Uncertainty
Canadian banks face high profit expectations as valuations hit records. Inflation rises to 2.8%, recreational property buyers surge, and workplace conflict grows.
Organized Crime-Tourism Group Behind GTA Break-Ins
York Regional Police reveal an organized crime-tourism group is responsible for a series of break-ins across the Greater Toronto Area, targeting homes while occupants are away.
Masked Suspects Break Into Cambridge Home With Residents Inside
Masked suspects broke into a Cambridge home while residents were inside. Police investigate the incident as part of a series of break-ins in the GTA.
PSP Investments Sells FirstLight's U.S. Portfolio
PSP Investments is selling FirstLight's U.S. portfolio while keeping Canadian operations, focusing on core assets and long-term growth.
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Largest Gun Bust in Halton Police History After Drug Probe
A months-long investigation into a sophisticated drug-trafficking network has resulted in the largest gun seizure in Halton police history, authorities announced.
Wall Street Banks Refinance Warner Bros. Bridge Loan
Wall Street banks are selling loans to refinance Warner Bros.' bridge facility, marking a significant move in media financing amid shifting market conditions.
Thai Beer Heir Fired Over Abuse Allegations
Thai beer heir Thitipoom Chutrakul was sacked from his family's company after his brother accused him of physical and emotional abuse, sparking public outrage.
Trump administration drops Adani cases after US$10B pledge
The Trump administration ended civil and criminal cases against Gautam Adani's conglomerate following a promise of US$10 billion in U.S. investments, sparking debate over legal and ethical implications.
Mango Founder's Son Arrested in Spain Over Father's Death
The son of Mango founder Isak Andic has been arrested in Spain in connection with his father's death, according to police reports.
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Big Six Bank Valuations at All-Time High, Raising Bar
Canadian bank stocks surge as investors seek diversification from US markets, but analysts warn valuations may be overstretched ahead of earnings season.
TTC Reaches Tentative Agreement with Union, Averts Strike
The Toronto Transit Commission has reached a tentative agreement with its union, preventing a potential work stoppage that could have disrupted transit services for millions.
Canada's former consul general NYC home sells for $8.05M
The former residence of Canada's consul general in New York has sold for US$8.05 million after nearly two years on the market, well below its original listing price.
Financial Post Editor Neville Nankivell Dies at 91
Neville Nankivell, former editor and publisher of the Financial Post, died at 91 after a cancer battle, leaving a legacy in Canadian business journalism.
Algoma Steel Net Loss Widens Amid U.S. Tariff Pressures
Algoma Steel reports widening net loss as U.S. tariffs continue to impact operations. The Canadian steel producer faces ongoing trade challenges.
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TTC Union Talks Continue Past Deadline
Bargaining between TTC and CUPE Local 2 continues past the 6 p.m. deadline. No deal reached yet; talks ongoing to avoid service disruptions.
Iran War Impact on Markets: FP Video Analysis
FP Video examines the Iran war's effect on markets and bonds, the Mercosur deal's threat to Canadian beef, and a behind-the-scenes look at WestJet's maintenance hub.
TTC and CUPE Local 2 Extend Talks Past Deadline
The TTC and CUPE Local 2 have extended contract negotiations beyond the deadline, temporarily avoiding a potential strike that could disrupt Toronto transit services.
Montreal Port Authority Names Ex-Exec as CEO Amid Questions
The Montreal Port Authority appoints a former executive as CEO, addressing ongoing leadership concerns and aiming to stabilize management.
Toronto jeweller in Ryan Wedding case denied bail
A Toronto jeweller charged in connection with the Ryan Wedding case will remain in custody after a bail review was denied. The court upheld the detention order.
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Starbucks to Cut 300 More Corporate Jobs in Cost-Cutting Drive
Starbucks is eliminating 300 additional corporate roles as part of a cost-reduction plan, following 2,000 previous cuts. The coffee chain aims to save $2 billion over two years.
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