A U.S. regulator has ordered TD Bank to pay $28 million USD over consumer credit reports claiming that the bank provided inaccurate, negative information about customers to credit reporting...
TD Bank fined by U.S. regulator
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Boeing U.S. factory workers on strike
Factory workers at Boeing’s U.S. West Coast factories are on strike after rejecting an offer that would have given workers a 25 percent wage increase over the next four years and a $3,000 signing...
Rogers to become MLSE majority owner
Rogers Communications has purchased Bell Canada Enterprises’ (BCE Inc.) 37.5 percent stake in Maple Leaf Sports and Entertainment (MLSE) for $4.7 billion in a move that will make it the majority...
Boohoo repositioning to serve U.S. market
British fast-fashion retailer Boohoo will be repositioning itself to create more sustainable future growth by moving to a cutting-edge automated UK-fulfillment model to service customers in the...
Air Canada strikes deal with pilots to avert strike
After weeks of rigorous negotiations, Air Canada has managed to secure a last-minute deal to avert a strike with more than 5,200 pilot members of the Air Line Pilots Association (ALPA). The...
Red Lobster restructuring plan approved
Red Lobster’s restructuring plan has received the approval of the Superior Court of Justice in Canada and will move out of bankruptcy as a result. This follows the approval of a U.S. bankruptcy...
Starbucks CEO replaced after disappointing results
Starbucks CEO Laxman Narasimhan has been removed from the role after only a year and a half after a larger than expected drop in sales. Brian Niccol of Chipotle was named his replacement and will...
Costco testing card scanners at several Canadian locations
Members at some of Costco Wholesale’s Canadian locations will be subject to its test of membership card scanners at the entrances at stores in Ottawa, Edmonton, Regina, and the B.C. Lower Mainland...
Tourmaline to buy Crew Energy in $1.3B deal
Tourmaline Oil Company will acquire Montney-focused natural gas producer Crew Energy Inc. for $1.3 billion, another takeover in the company’s years-long efforts to aggressively snap up natural gas...
Rogers under fire, faces CRTC filing by Corus
Corus Entertainment has filed with the Canadian Radio-television and Telecommunications Commission (CRTC), claiming that Rogers has used its dominance in the market to put Corus and other...
CrowdStrike outage costs Delta millions
A CrowdStrike outage last month that caused mass flight cancellations and customer compensation in the form of both cash and SkyMiles has reportedly cost Delta Air Lines $550 million: $380 million...
B.C. Tree Fruits Cooperative files for creditor protection
With more than $50 million in liabilities, B.C. Tree Fruits Cooperative, an organization that has served farmers for nearly a century with storage and packing, amongst other supports, has filed for...