Yahoo Inc., owned by Apollo Global Management, has started discussions with lenders to refinance approximately $1.6 billion in leveraged loans maturing in 2027, with RBC leading investor meetings.
SpaceX and investment bankers are preparing to test a $2 trillion valuation for the company's historic IPO, with Elon Musk's ability to sell ambitious visions being central to the pitch despite fundamental challenges.
PepsiCo faced massive revenue losses after keeping snack prices high despite retailer pressure. Doritos prices jumped nearly 50% since 2021, leading to two consecutive years of billion-dollar revenue misses before price cuts.
Oil prices hit a four-year high and U.S. stocks fell as President Trump's deadline for Iran to reopen the Strait of Hormuz neared, with threats of airstrikes escalating tensions.
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Billionaire investor Bill Ackman has pitched a €56 billion acquisition deal for Universal Music Group, offering a 78% premium to boost the company's languishing share price through a U.S. listing.
Bill Ackman's Pershing Square Capital Management has put forward a monumental $64 billion merger proposal to acquire Universal Music Group, signaling a major strategic move in the investment and entertainment sectors.
SpaceX's potential blockbuster stock listing may divert capital from other IPOs, straining an already delicate market environment as investors flock to the high-profile offering.
Global stock markets show cautious gains as investors brace for Trump's deadline for Iran to reopen a key oil route, with potential impacts on energy prices and geopolitical stability.
A Telesat Canada affiliate has filed motions in New York federal court to dismiss a lawsuit related to a 2025 asset transfer, arguing the dispute belongs in Canadian courts.
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The manufacturer of Stanley tumblers has successfully defended itself in a lawsuit alleging lead contamination, with the court dismissing claims that sparked consumer fears over product safety.
Amazon introduces a 3.5% surcharge for Fulfillment by Amazon users starting April 17, while major airlines and delivery services implement similar fees due to rising fuel costs linked to geopolitical tensions.
Emerging-market assets pared gains after Iran rebuffed a ceasefire proposal, undermining hopes for a quick Middle East war resolution and impacting global markets.
The S&P/TSX composite index edged lower during late-morning trading on April 6, 2026, while U.S. stock markets posted gains. The divergence highlights mixed investor sentiment amid ongoing economic uncertainties.
The Associated Press will offer employee buyouts as part of a pivot away from traditional newspaper journalism, reflecting broader industry changes.
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Oracle has appointed Schneider Electric executive Maxson as its new Chief Financial Officer, a strategic move coinciding with a significant increase in corporate investment in artificial intelligence technologies.
BlackRock has filed to launch a Nasdaq-100 fund, escalating competition with Invesco in the ETF market. The move highlights the growing battle for dominance in index fund offerings.
A growing shortage of skilled sewers in the U.S. is emerging as experienced tailors and dressmakers retire, creating new opportunities in the trade.
Lululemon founder Chip Wilson, the largest non-institutional shareholder, publicly criticizes the company's direction and launches a proxy battle to reshape its board amid declining sales and stock performance.
Asian stock markets mostly advanced on Monday, April 6, 2026, while European trading was suspended for a holiday. The gains reflect ongoing global economic dynamics, with traders monitoring currency fluctuations and regional performance.
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Toys 'R' Us Canada is actively engaged in multiple legal disputes to protect its iconic trademarks, as the company navigates post-bankruptcy brand management in a competitive retail landscape.
This week's top stories include the opening of St. Jacobs Antiques Mall, a costly investigation into WRDSB, and charges in tractor trailer thefts, plus national and international highlights.
Cocoa prices have dropped from recent highs, but the relief comes too late to lower costs for Easter chocolate products this year, as manufacturers locked in prices earlier.
A dramatic surge in the value of collectible Pokémon cards has triggered a string of high-profile robberies across Southern California, New York, Texas, and Massachusetts, highlighting a new, alarming trend in property crime.
Julie Gascon, CEO of the Montreal Port Authority, has announced her unexpected departure. The announcement was made by the Port Authority without immediate details on her successor or reasons for leaving.
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Finance Minister François-Philippe Champagne has appointed Simon Kamal as interim Master of the Royal Canadian Mint for an eight-month term, while a permanent candidate is sought to lead the national coin manufacturer.
Mayor Andrew Knack embarks on an 11-day trade mission to China and Japan, aiming to attract foreign investment and promote Edmonton's manufacturing and clean energy sectors.
A major credit rating agency has criticized Manitoba's recent budget plan, stating it is inconsistent with the province's economic growth trajectory. Finance Minister Adrien Sala presented the budget in March 2026.
As discount retailers like No Frills gain market share, conventional stores face unprecedented challenges. This shift reshapes consumer habits and forces a retail evolution.
Unifor raises alarms that continued auto tariffs could push Windsor-Essex into a recession, highlighting economic slowdown concerns in the region.
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Cargojet has divested its minority stake in U.S.-based 21 Air, redirecting resources to strengthen its domestic Canadian cargo operations amid strategic realignment.
