Delta Air Lines lost $200M in U.S. shutdown
The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.
Category : Corporate News
UPS safety questioned after fatal 2025 plane crash
A lawyer alleges UPS put profits before safety, leading to a crash that killed 14 in Louisville. Get the latest on the investigation and allegations.
EBC Financial Group Enters South Africa's Market
EBC Financial Group secures FSCA approval to launch in South Africa, targeting the country's rapidly expanding fintech and trading sector. Discover their strategic expansion plans.
Thomson, Weston Bid for Hudson's Bay Charter Uncontested
A bid by the Thomson and Weston families to acquire the historic Hudson's Bay charter is set to proceed without challenge, a source confirms. Explore the implications for Canadian heritage.
Stellantis contradicts gov't on contract redactions
Stellantis claims the Canadian government, not the company, insisted on redacting a multimillion-dollar agreement provided to MPs, contradicting official testimony. Industry Minister Mélanie Joly now pledges to release the full document.
Dell family donates $6B to 'Trump accounts' for kids
Michael and Susan Dell announce a historic $6 billion donation to fund accounts for 25 million American children. Get the full details on this major philanthropic move.
Comcast Bids to Merge NBCUniversal with Warner Bros.
Comcast Corp. has made a renewed offer to merge NBCUniversal with Warner Bros. Discovery, aiming to create an entertainment giant. The deal includes a management role for Warner CEO David Zaslav.
Apple Loses Key EU Court Case, Opens Door to Class Actions
Apple Inc. faces a wave of class action lawsuits in the EU after the bloc's top court ruled Dutch users can sue collectively in the Netherlands, regardless of location. The decision challenges Apple's jurisdictional defenses.
Boeing CFO Sees Higher Deliveries, Positive Cash Flow Next Year
Boeing's CFO announced the company expects increased jet deliveries and positive free cash flow in 2026, sparking an 8% surge in its stock price. Get the full details on the aerospace giant's financial outlook.
Alectra Celebrates Fifth Year as Top GTA Employer
Alectra Inc. has been recognized as a Greater Toronto Area Top Employer for the fifth consecutive year, highlighting its commitment to employee wellness, community investment, and clean energy innovation.
Goeasy CEO Dan Rees steps down, Patrick Ens named successor
Dan Rees, CEO of Goeasy Ltd., will step down at month's end due to health issues. Patrick Ens, the current President, has been named as his successor. Learn more about the leadership transition.
Calgary's Buckskin Leather Marks 40 Years as Industry Leader
Calgary-based Buckskin Leather celebrates four decades as a premier North American leather wholesaler. Discover the Schluessel family's legacy and how they built a global market from Alberta.
Prada Buys Versace in $1.4 Billion Fashion Deal
The Prada Group finalizes a historic acquisition of rival Versace for nearly US$1.4 billion, reshaping the global luxury fashion landscape. Discover the details and implications.
SUNshine Girl Aylar's Business Vision for Canada-Iran Ties
Former Toronto Sun SUNshine Girl Aylar now runs a communications consultancy to strengthen business relations between Canada and Iran, with a goal to open an international women's shelter.
SUNshine Girl Aylar's Vision for Business and Charity
Aylar, a former SUNshine Girl, is now a communications consultant bridging Canadian and Iranian businesses while aiming to launch an international women's shelter. Discover her unique journey.
Starbucks settles NYC labour claims for $35 million
Starbucks agrees to pay approximately $35 million to settle claims it violated New York City labour laws. The settlement resolves allegations of scheduling and pay violations for thousands of workers.
Gildan completes HanesBrands acquisition, doubling size
Montreal-based Gildan Activewear has finalized its acquisition of HanesBrands, effectively doubling the company's scale. The deal marks a major shift in the apparel industry. Read more on the strategic implications.
Péladeau demands board seat at Transat
Quebecor CEO Pierre Karl Péladeau pushes for changes on Transat's board of directors, seeking a seat for himself. Get the latest on this corporate power play.
Péladeau calls for urgent board changes at Air Transat
Major shareholder Pierre Karl Péladeau demands a special meeting to replace Air Transat's board, citing a 57% stock plunge and chronic underperformance. Read the full story.
Scottie Barnes Partners with Scotties Tissues for Brand Campaign
Toronto Raptors star Scottie Barnes temporarily changed his name to 'Scotties' in a marketing stunt for Canada's top tissue brand. The campaign aims to boost brand recognition.
Péladeau calls for Transat shareholders' meeting
Quebecor CEO Pierre Karl Péladeau has formally requested a shareholders' meeting for Transat A.T. Inc., signaling a potential strategic shift. Explore the implications for Canadian business.
Musk's Snailbrook Town Adds Homes, Science Centre
Elon Musk is expanding his Snailbrook, Texas company town with employee homes, a science centre, and a gym. Plans reveal his vision and clashes with local authorities. Read the latest.
AtkinsRéalis acquires Australian engineering firm ADG Capital
Montreal-based AtkinsRéalis Group acquires Australian engineering firm ADG Capital, marking a strategic expansion in the Asia-Pacific region. Learn about the deal's impact on global engineering.
Wood Mackenzie Names New Chief Commercial Officer
Wood Mackenzie, a global energy data leader, appoints Danny Dunn as its new Chief Commercial Officer, bringing over 25 years of tech and data industry experience to drive growth.
GLP-1 Drugs Like Ozempic Threaten Fast-Food Business
Experts warn injectable weight-loss drugs such as Ozempic are reducing consumer appetites, posing a significant challenge to the fast-food sector's traditional business model in Canada.
Airbus Resolves A320 Software Bug, Minimal Flight Disruption
Airbus swiftly patches a software vulnerability linked to solar flares affecting thousands of A320 jets. Most fleets are back to normal with limited cancellations, highlighting a new safety playbook.
Holiday season tests 'Buy Canadian' sentiment
As Canadians shop for gifts, the choice between price and patriotism is front and centre. Vancouver shop owner Lisa Pozin shares insights on the seasonal challenge for local businesses.
Creative Saskatchewan recovers portion of fraud funds
Creative Saskatchewan has recovered a portion of the $331,000 lost to fraud, provincial officials confirm. The economic development agency continues investigation into the financial incident.
Armani appoints new board after designer's death
The Armani fashion group has established a new board of directors to steer the company's future following the passing of its legendary founder, Giorgio Armani. Discover the strategic vision.
Campbell's exec fired over offensive soup comments
A Campbell's executive was terminated after a secret recording revealed offensive remarks about the company's chicken soup products and customers. Learn about the scandal that rocked the iconic food brand.
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