Business
Business, markets, and economy
5946 articles
The $26.7 Million Yankee Stadium Elevator Failure: A Lesson in Infrastructure Oversight
Newly installed elevators at the Yankee Stadium station have logged 41 outages in just six months, leaving Bronx residen...
Microsoft's 60,000-Employee Buyout: A New Blueprint for Tech Downsizing?
The software giant is offering a voluntary exit to a quarter of its staff to avoid the optics and trauma of mass layoffs...
Nordik Spa Village Overhauls Safety Protocols Amid 19-Year Misconduct Lawsuit
Following a class action lawsuit alleging sexual assault by 36 therapists, the Quebec spa is introducing electronic cons...
Safety Overhaul at Nordik Spa Village Following Sexual Assault Class Action
Groupe Nordik introduces audio monitoring and consent forms as nearly 150 people join a lawsuit alleging systemic miscon...
The Trillion-Dollar AI Gold Rush: Anthropic's $965 Billion Nasdaq Debut
As Anthropic files for an IPO under ticker ANT, the AI sector is seeing a massive shift toward public markets to fund an...
ConocoPhillips Trims Canadian Workforce Amid Strategic Realignment
Energy giant ConocoPhillips begins notifying staff in Calgary and at Montney operations about upcoming job cuts.
Uniqlo's Vancouver Flagship: A High-Stakes Bet on Pacific Centre's Retail Rebirth
The Japanese retailer will anchor a massive redevelopment of the former Nordstrom space, slated to open in spring 2027.
Roots Corp. Goes Private: CEO Meghan Roach Exits as Marquee Brands Takes Control
The iconic Canadian retailer is delisting from the Toronto Stock Exchange to pursue aggressive expansion in Asia and Lat...
Reclaiming the Penthouse: How District Energy Unlocks Developer Margins
Centralized thermal plants are helping developers trade bulky mechanical rooms for sellable square footage while meeting...
From 12 to 82: Inside Fintrac's Aggressive Enforcement Surge
Canada's financial intelligence agency has dramatically increased its crackdown on money service businesses, revoking do...
Umios to Anchor North American Expansion via $804M High Liner Foods Acquisition
The Japanese seafood giant intends to transform the Nova Scotia-based processor into its primary Western platform.
The 78% Gamble: Bank of Canada Faces a Pivotal Rate Decision
With inflation hitting 3.1% and job losses mounting, the Bank of Canada faces a high-stakes decision that could reshape ...
VIA Railโs Corridor Contraction: Efficiency or Service Erosion?
New schedule shifts on the Ottawa-Toronto route spark backlash from Eastern Ontario mayors.
Germanyโs SEFE Secures 20-Year LNG Lifeline from BCโs Ksi Lisims Project
A binding 20-year agreement between Ksi Lisims LNG and Germany's SEFE marks a major commercial milestone for the $10-bil...
The Tariff Tug-of-War: Doug Ford Calls for Trade Reset Amid U.S. Midterms
As the U.S. midterm elections loom, Ontario Premier Doug Ford warns that the ongoing trade dispute is harming both natio...
Trump Signals End to Canada Trade War Amid New Tariff Moves
Donald Trump claims the Canada-U.S. trade dispute is nearing a resolution, promising to lift some 50% tariffs while intr...
The $965 Billion Claude Bet: Anthropicโs Nasdaq Debut Signals the AI Public Market Era
Anthropic is taking its massive valuation to the Nasdaq, marking a pivotal moment in the high-stakes race for artificial...
Anthropicโs $2 Trillion IPO: A High-Stakes Race to Eclipse SpaceX
With a potential $100 billion raise, the Claude creator is preparing for a historic Nasdaq debut despite staggering loss...
The Post-Netflix Rental Boom: From $9.99 Micro-Tiers to $120 Cinematic Passes
As Netflix exits the disc-mailing business, a new wave of niche services is emerging to cater to gamers and high-end fil...
The $11 Billion Political Surge: Why Consumer Brands are Being Squeezed Out
Record-breaking midterm ad spending is driving up media costs and creating a "toxic" environment for luxury marketers.
Audi's $4.2 Billion Georgia Bet: A Manufacturing Milestone or a Campaign Catalyst?
The German luxury automaker is planning a massive SUV production hub in Perry, Georgia, promising thousands of jobs and ...
The โฌ92 Million Race to Repair Bucharest's Sector 1 Infrastructure
Three major Romanian builders are locked in a high-stakes bidding war for a massive public works contract in Bucharest.
The Midterm Gambit: Why Trump is Suddenly Open to a Canada Trade Deal
With the November 3 elections looming, the White House is pivoting on tariffs to protect key Senate seats, creating a vo...
Divergent Paths: Why the UK Rejected Canadaโs Defence Bank
London opts for its own Multilateral Defence Mechanism, leaving Ottawa to lead the DSRB with a growing list of European ...
Canada's First F-35s Arrive Amidst Mark Carney's High-Stakes Fleet Review
The arrival of two CF-35A Lightning II jets in Arizona marks a new era for the RCAF, even as Ottawa questions if an 88-j...
The $5,700 Frankenstein: Why 1960s Universal Monsters Bobbleheads are Surging at Auction
From $900 ceramic sets to $5,700 masterpieces, vintage horror "nodders" are commanding massive premiums at Heritage Auct...
Obama Uses Detroit Rally to Lampoon Trump's 'Evil Empire' Trade War
Former President Obama targets the 50% Canadian tariffs, warning that Michigan's auto industry is paying the price for T...
Election Jitters vs. Inflation: The Fed's High-Stakes Rate Gamble
As the Federal Reserve weighs a 'hawkish pause' ahead of the midterms, officials clash over whether political calendars ...
Beyond the Three-Hour Limit: The ยฃ100 Cost of Saying Goodbye to Reggie
A Canterbury man's fight against a parking fine highlights the clash between rigid enforcement and emergency veterinary ...
A ยฃ25,000 Render Dispute: Richmond Council vs. Baumlink Founder
A London homeowner faces a massive bill to rectify a dormer extension that Richmond upon Thames Council claims clashes w...