Uber to Pay $8.5M in Driver Sex Assault Trial
A court has ordered Uber to pay US$8.5 million in a trial over sexual assault claims involving its drivers, highlighting ongoing safety and liability issues in the gig economy.
Category : Corporate News
Saputo Reports $220M Q3 Profit, Reversing Loss
Canadian dairy giant Saputo Inc. has announced a significant financial turnaround, reporting a $220 million profit for its third quarter, a stark reversal from the $518 million loss recorded in the same period last year.
Sunterra Guilty of Massive Cheque Kiting, Must Pay $35M
An Alberta judge has ruled Sunterra Farms Ltd. liable for $35 million in losses to U.S. lender Compeer Financial after finding the company engaged in cheque kiting on an astonishing scale.
OpenText Q2 Profit Drops 27% to US$168M
Canadian software giant OpenText reports a significant year-over-year decline in second-quarter profit, highlighting ongoing pressures in the technology sector.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Apple CEO Cook Vows to Lobby Lawmakers on Immigration
Apple CEO Tim Cook expresses deep concern over U.S. immigration policies, promising to personally advocate for DACA workers and continue lobbying lawmakers for reform.
Can Man Dan Steps Down from Corporate Role
Edmonton's Dan Johnstone, known as Can Man Dan, resigns from his corporate position due to a divergence in ideas and strategic vision with company leadership.
Pizza Hut Closing 250 U.S. Stores, Parent May Sell Brand
Pizza Hut's parent company is closing 250 underperforming U.S. restaurants and considering a potential sale of the iconic pizza chain amid strategic restructuring.
Halifax Water Cleared After Financial Probe
Halifax Water has been exonerated following an investigation into allegations of financial irregularities, with the utility maintaining its commitment to transparency and public trust.
Memory Chip Shortage May Drive Up Phone, Laptop Prices
Global memory chip bottleneck, driven by AI infrastructure investments, could increase smartphone and laptop costs for Canadian consumers as supply tightens.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Labrador Gold Alerts Shareholders to Dissident Proxy Issues
Labrador Gold Corp. identifies material deficiencies in dissident shareholder proxy materials, urging investors to vote only on the company's BLUE proxy to ensure votes count at upcoming meeting.
Gemini to Cut 25% of Jobs, Exit Key International Markets
Crypto exchange Gemini, founded by the Winklevoss twins, is cutting up to 25% of its workforce and winding down operations in the UK, EU, and Australia as Bitcoin prices decline.
Glencore Wanted 40% in Rio Tinto Merger Talks
Glencore PLC sought a 40% stake in a potential merger with Rio Tinto Group, but talks collapsed due to valuation disagreements, ending plans for the world's largest mining company.
HBC Creates Hardship Fund for Ex-Staff Financial Aid
Former Hudson's Bay Company employees may receive financial assistance through a new hardship fund designed to help with bills and living expenses during economic challenges.
Air Canada Supreme Court Case on Advertised Pricing
The Supreme Court of Canada will hear a class-action lawsuit alleging Air Canada charged more than advertised prices, potentially impacting consumer rights and airline transparency nationwide.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Supreme Court to Hear Air Canada Pricing Case
Canada's Supreme Court will adjudicate a protracted legal dispute concerning Air Canada's advertised pricing, a case with significant implications for consumer protection and corporate advertising standards nationwide.
Rio Tinto Ends Glencore Merger Talks
Rio Tinto Group has terminated negotiations to acquire Glencore PLC, ending a potential mega-merger that would have created the world's largest mining company. The deal collapsed due to valuation disagreements and management culture differences.
Glencore, Rio Tinto Abandon Merger Talks
Rio Tinto announces it is no longer considering a bid for Glencore, ending talks for a merger that would have formed the world's largest mining company.
Davos Forum Probes CEO Brende's Epstein Links
The World Economic Forum initiates an independent review into CEO Borge Brende's interactions with Jeffrey Epstein after his name appears in newly released documents.
Law Firm Chairman Resigns After Epstein Emails Made Public
The chairman of a prominent law firm has stepped down after emails connected to Jeffrey Epstein were publicly disclosed, marking a significant development in the ongoing fallout from the Epstein case.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Canada Goose Q3 Profit Falls Despite Diversification Gains
Canada Goose Holdings Inc. saw its third-quarter profit decline year-over-year, but the luxury apparel company reports its diversification efforts are yielding positive results as it expands beyond its core parka business.
Lightspeed Commerce Q3 Revenue Up 11% Year-Over-Year
Montreal-based Lightspeed Commerce reports an 11% increase in third-quarter revenue compared to the previous year, highlighting steady growth in the competitive commerce technology sector.
Windsor Fraud Spike in January Linked to Identity Theft
Windsor Police Service reports a significant increase in fraud cases during January, primarily fueled by a rise in identity theft incidents affecting local residents.
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.
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.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Page 32 of 51
