Business

“Canadian Economy Grows in February, Manufacturing Leads”

Statistics Canada reported that the Canadian economy expanded for the fourth consecutive month in February, although growth appeared to slow down towards the end...

GM Invests $691M in St. Catharines Plant

General Motors has announced a $691 million investment in its St. Catharines Propulsion Plant to bolster the production of the latest V-8 engines for...

“Oil Prices Surge Amid U.S.-Iran Tensions”

The value of Brent crude oil briefly surged above $126 US a barrel recently, marking its highest level since March 2022, before retracting. This...

Shell Acquires ARC Resources in $22B Deal

Shell, the oil giant, has inked a massive $22 billion agreement to purchase ARC Resources Ltd. This move brings together the primary partner in...

“Rogers Communications Offers Buyouts to 10,000 Employees”

Rogers Communications Inc., a prominent company in telecommunications, media, and sports, has announced the initiation of voluntary buyout offers for approximately 10,000 eligible employees,...

“AER Orders HALT to MAGA Energy Operations”

The Alberta Energy Regulator (AER) has directed MAGA Energy Ltd., an oil and gas company, to halt its operations due to unresolved environmental issues...

Meta and Microsoft Announce Workforce Reductions

Meta announced a workforce reduction of approximately 8,000 employees, constituting about 10% of its total workforce. The move is part of the company's effort...

“Justice Dept. Nears End of Probe into Fed Renovation Costs”

The investigation by the Justice Department into cost overruns during renovations at the Federal Reserve under the leadership of chairman Jerome Powell is coming...

Ticketmaster to Enforce Ontario Price Cap Law

Ticketmaster is taking steps to remove resale tickets for Ontario events in line with a recent provincial law that limits the price of such...

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