Sherritt Reduces Cuban Joint Venture Operations
Sherritt International has announced a reduction in operations at its joint venture in Cuba, citing economic challenges and strategic adjustments in the nickel mining sector.
Category : Corporate News
Sarah Ferguson's Companies Shut Down Amid Epstein Fallout
Six companies directed by Sarah Ferguson, the former Duchess of York, have been ordered to close as investigations into connections with Jeffrey Epstein intensify, highlighting ongoing legal and financial repercussions.
Warner Bros. Rejects Paramount Offer, Allows Week for Talks
Warner Bros. has turned down Paramount's latest acquisition proposal but provided a one-week extension for improved negotiations, signaling ongoing corporate discussions in the entertainment industry.
Warner Bros Rejects Paramount Bid, Sets 7-Day Deadline
Warner Bros Discovery has turned down Paramount Skydance's $30-per-share hostile takeover bid but allows a week for a better deal. The board continues to favor the Netflix merger, with shareholder voting scheduled for March.
Global Shares Advance Amid Asian Lunar New Year Closures
World stock markets show gains while most Asian exchanges are shut for Lunar New Year celebrations. The Nikkei index in Japan posted a modest increase as trading activity slows regionally.
Gattuso's Radical Philanthropy: Remove Names for Higher Donations
Toronto philanthropist Emmanuelle Gattuso proposes removing names from buildings when donors pay more, aiming to maximize charitable giving among wealthy Canadians.
Tycoons Summit Debuts in Dubai April 2026 for Investment Leaders
The Tycoons initiative will convene approximately 500 elite decision-makers in Dubai on April 12, 2026, as part of AIM Congress 2026, creating an exclusive networking environment for sovereign wealth executives, family-office principals, institutional inv
Murders Overshadow Canadian Business Visit to Mexico
A series of violent killings in Mexico casts a pall over a high-level Canadian business delegation's trade mission, though officials insist on strong bilateral economic ties.
Quebec Insurance Officials Lied for 10 Years to Hide Project Costs
A damning report reveals that officials at Quebec's auto insurance board deliberately lied for 10 years to conceal massive cost overruns in the SAAQclic online platform project.
Hyatt Chairman Steps Down Over Epstein Ties
Thomas Pritzker, executive chairman of Hyatt Hotels Corp., has resigned following revelations of his ties to Jeffrey Epstein. The move comes amid ongoing scrutiny of corporate leaders linked to the financier.
SAAQclic Scandal: Inquiry Reveals Lies and $500M Blowout
A public inquiry into Quebec's SAAQclic IT scandal found mismanagement, deliberate lies to government, and that the premier's office knew of cost overruns 18 months before public disclosure of a $500 million budget blowout.
Kevin O'Leary Wins $2.8M Defamation Suit
Canadian businessman Kevin O'Leary has been awarded $2.8 million in a defamation lawsuit against crypto influencer Ben Armstrong, who falsely accused him of murder.
Wendy's Closing Hundreds of U.S. Stores in 2026
Wendy's announces plans to close 5-6% of its U.S. restaurants by mid-2026 as part of a strategic turnaround, focusing on underperforming locations amid declining sales.
Scotiabank Sells Last Shares in Israeli Military Supplier
Scotiabank's 1832 Asset Management has completed its divestment from an Israeli military equipment manufacturer, marking a significant shift in its investment portfolio amid ongoing global scrutiny.
Gold Falls on Strong Dollar in Thin Trading
Gold prices declined due to a stronger U.S. dollar amid thin trading volumes, reflecting market caution. The drop highlights ongoing currency impacts on precious metals.
Toys 'R' Us Canada Gift Cards Expire After Monday
Toys 'R' Us Canada has set a firm deadline for gift card redemptions, with cards no longer accepted after Monday, February 16, 2026, impacting holiday shoppers.
Best Deals: Apple Watch, Le Creuset, Shark Vacuum on Sale
Discover incredible discounts on popular products like the Apple Watch Series 11, Le Creuset Dutch ovens, Shark cordless vacuums, and more. Save up to 75% on tech, home goods, and fashion items during major sales events.
World Shares Advance, Japan Falls Before Lunar New Year Holidays
Global stock markets showed mixed performance, with most indices gaining while Japan declined in anticipation of Lunar New Year closures. Economic factors and holiday effects influenced trading.
Wall Street Hunts Next Casualty from AI Threat to White-Collar Work
Wall Street investors are rapidly selling off stocks in insurance, wealth management, and property sectors as new AI tools threaten to automate broad swaths of white-collar work, wiping billions in market value.
Lutnick's Epstein Ties Concern Wall Street, Not White House
Commerce Secretary Howard Lutnick's past links to Jeffrey Epstein are causing anxiety among financial professionals, while the Trump administration appears unfazed by the controversy.
Canadian Tire, Teck Resources Earnings Reports This Week
Investors are closely watching upcoming earnings reports from Canadian Tire and Teck Resources, as these releases could signal broader trends in retail and resource sectors amid a volatile market environment.
Businesses Challenge ICE: Legal Rights to Deny Entry Explained
Across the U.S., small businesses display signs refusing service to ICE officers, sparking legal debates. Experts clarify when businesses can legally deny entry and how to protect private areas.
Amherstburg Mayor Slams $23M Diageo Deal as Ineffective
The mayor of Amherstburg claims a $23 million agreement between Diageo and the provincial government offers minimal benefits to the town, sparking local concerns over economic impact.
Magna International Surges 25%, TD Predicts Upward Revisions
Magna International's stock soared 24.5% after beating earnings estimates, prompting TD Cowen to raise its price target. The article also covers TD's cautious outlook on Big Six banks and Veritas's dividend growth stock picks for 2026.
Timmins Businesses Targeted by Online Payment Scams
Timmins police have reported a surge in online payment scams targeting local businesses over the past six months, with multiple complaints filed. Authorities are urging vigilance as fraudsters exploit digital transactions.
Skills Fund Recipient Sues Ontario Over Reputational Harm
A recipient of Ontario's Skills Development Fund has filed a countersuit against the provincial government, alleging significant reputational harm and seeking legal redress for damages incurred.
Epstein Ties End Kathy Ruemmler's Run at Goldman Sachs
A document from the Jeffrey Epstein files reveals connections that led to Kathy Ruemmler's departure from Goldman Sachs, highlighting corporate scrutiny of high-profile associations.
GTA Men Charged in Attempted 'Dirty Oil' Scam
Ontario Provincial Police have charged three Greater Toronto Area men in connection with an attempted multi-million dollar 'dirty oil' fraud scheme targeting energy sector investors.
Chorus Aviation Reports $16.7M Q4 Profit, Reversing Loss
Chorus Aviation announced a significant turnaround, posting a Q4 profit of $16.7 million compared to a $6.6 million loss the previous year, highlighting improved financial performance in the aviation sector.
Wendy's Closes U.S. Restaurants, Emphasizes Value for Sales Turnaround
Wendy's announces the closure of numerous U.S. restaurants as part of a strategic pivot towards value offerings to combat declining sales, aiming to attract budget-conscious consumers.
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