Tyson Foods Beats Profit Estimates on Chicken Demand
Tyson Foods reported quarterly profits exceeding analyst expectations, fueled by robust consumer demand for chicken products, as the company navigates market dynamics.
Category : Corporate News
Disney Q1 Powered by 'Zootopia 2' and 'Avatar' Hits
The Walt Disney Company reports strong first-quarter performance for 2026, driven by major box office successes from its animated and sci-fi film franchises.
ESAB to Buy Canadian Eddyfi for $1.45 Billion
Welding equipment giant ESAB Corporation announces a definitive agreement to purchase Canadian non-destructive testing instrument manufacturer Eddyfi Technologies for US$1.45 billion.
Capgemini Sells Subsidiary Amid U.S. Immigration Crackdown Anger
French IT giant Capgemini announces the sale of its subsidiary involved with U.S. Immigration and Customs Enforcement, following public outrage over recent border incidents.
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Disney, Canada Goose Earnings in Focus This Week
Investors await quarterly results from entertainment giant Disney and Canadian outerwear leader Canada Goose, highlighting a key week for corporate earnings and market sentiment.
GTA Men Charged in Fake Contracting Company Fraud
Peel Regional Police have laid charges against two Greater Toronto Area men for allegedly operating a fraudulent contracting company, highlighting ongoing efforts to combat financial crimes in the region.
Hootsuite Targeted in Anti-ICE Protest; Pattison Cancels Deal
The Jimmy Pattison conglomerate reverses course on selling a Virginia warehouse to ICE amid public backlash, while Vancouver's Hootsuite faces protests. Multiple Canadian news updates across politics, business, and environment.
Peloton Cuts 11% of Staff in Cost-Cutting Push
Fitness technology company Peloton is reducing its global workforce by 11% as part of a comprehensive cost-cutting strategy, according to a company spokesperson.
Alberta Separatism Would Create $600B Debt Crisis
Edmonton Chamber of Commerce warns an independent Alberta would start with $600 billion debt, taking decades to recover economically while already driving away investment.
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Gold Rush 2026: Consumer Trends and Value Swings
A significant increase in consumer activity around gold buying and selling is underway. This article explores the factors driving this rush, the volatility in gold's value, and essential insights for investors and individuals navigating this precious meta
Rio Tinto, Glencore Extend Deadline for Mega Merger Talks
Rio Tinto Group and Glencore Plc are negotiating to extend their deadline for merger talks, aiming to create the world's largest mining company amid copper price surges.
Canada to Reclaim GM Funds After Ontario Layoffs
Industry Minister Melanie Joly announces Canada will seek to recover millions in funding from General Motors after the automaker cuts 500 jobs at its Oshawa truck plant.
Vancouver Companies Brace for Anti-ICE Protests
Vancouver-based companies Hootsuite and Jim Pattison Group are preparing for planned protests over their connections to U.S. Immigration and Customs Enforcement (ICE).
SpaceX Considers Mergers with Tesla or xAI
SpaceX is exploring potential mergers with Tesla or artificial intelligence firm xAI, as Elon Musk considers consolidating his business empire ahead of SpaceX's planned IPO.
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CN Rail Revenue Down $350M Due to Tariffs
Canadian National Railway reports a significant $350 million revenue decline attributed to business tariffs, with company executives highlighting market uncertainty as the primary risk moving forward.
Corporate Culture Becomes Legal Evidence in Court Cases
Employment lawyer Howard Levitt warns that company culture statements are now discoverable evidence in lawsuits, creating significant legal risks for businesses that don't align actions with promises.
CN Q4 Profit and Revenue Up, Dividend Increased
Canadian National Railway reports a year-over-year rise in fourth-quarter profit and revenue, announcing an increase to its quarterly dividend for shareholders.
Minute Maid Frozen Juice Concentrate Discontinued
Coca-Cola Canada announces the discontinuation of Minute Maid frozen juice concentrate, marking the end of an era for a pantry staple in many Canadian households.
Activists Target Jim Pattison Over ICE Property Sale
BC Green Party leader Emily Lowan calls for boycott of Jim Pattison's companies after real estate division's proposed sale to U.S. Immigration and Customs Enforcement.
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Can Man Dan Takes on Consulting Role with Belmont Sobeys
Edmonton's beloved philanthropist Dan Johnstone, known as Can Man Dan, has accepted a new consulting position with Belmont Sobeys, marking a significant career shift while continuing his community advocacy.
Microsoft Drops 10%, Meta Gains 10% in AI Earnings Contrast
Microsoft's market value plunged $350 billion after its cloud business disappointed, while Meta surged 10% on strong AI-driven ad revenue, highlighting investor focus on AI-fueled growth.
Rogers Media Revenue Jumps 126% on Blue Jays, MLSE
Rogers Communications reports a 126% surge in media revenue to $1.24 billion in Q4, driven by the Toronto Blue Jays' playoff run and MLSE consolidation.
White House Team Urges Bezos to Stop Newsroom Cuts
The Washington Post's White House reporting team has directly appealed to owner Jeff Bezos to reconsider significant planned reductions to the newsroom staff.
Ocado Hit by Canadian Partner's Distribution Center Closure
Empire Co. Ltd., owner of Sobeys, shuts Calgary distribution center using Ocado's automated technology, following Kroger's similar move in the U.S., impacting Ocado's North American expansion.
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OpenText Names Ex-IBM Exec Ayman Antoun as CEO
Canadian software giant OpenText has announced the appointment of former IBM executive Ayman Antoun as its next CEO, marking a significant leadership transition for the Waterloo-based technology firm.
CEOs Question Carney's Strategy with Trump Administration
The Business Council of Canada expresses concerns about Prime Minister Mark Carney's handling of U.S. relations, urging focus on preserving the North American trade agreement amid diplomatic tensions.
IPS Acquires TechPro Power Group to Expand Services
Integrated Power Services completes strategic acquisition of TechPro Power Group, enhancing North American power systems lifecycle management capabilities for data centers and critical industries.
Lululemon's See-Through Leggings Crisis Deepens Brand Woes
Lululemon faces mounting criticism over defective leggings and strategic missteps as shares plummet 65% from 2023 highs, with leadership turmoil and activist investors circling.
Dow Chemical to Cut 4,500 Jobs as Demand Slows
Dow Chemical is reducing its workforce by 4,500 positions due to weak revenue projections and sluggish market demand, impacting operations including its Michigan headquarters.
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Blue Jays Playoff Run Boosts Rogers Q4 Profit and Revenue
Rogers Communications reports a significant increase in fourth-quarter profit and revenue, largely attributed to the Toronto Blue Jays' extended playoff run in 2025.
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