The Walt Disney Company and TikTok have announced a first-of-its-kind deal related to global short-form content sharing. Fans and creators are being brought together in a unique way by the pairing...
FMG Publishing
RBC fined $4.25M over statement errors
The Financial Consumer Agency of Canada (FCAC) has levied a $4.25 million fine against Royal Bank of Canada (RBC) after the discovery that the bank issued inaccurate credit card statements to nearly...
Spencer Spirit Holdings to acquire Hot Topic
Spencer Spirit Holdings, Inc., parent company of Spirit Halloween and Spencer’s, has announced plans to purchase Hot Topic, as well as its brands BoxLunch and Her Universe, for an undisclosed sum....
U.S. national debt reaches $40T
The United States’ national debt surpassed a record $40 trillion, as defense costs and interest rates on the growing deficit continue to add up, representing a significant federal expense to...
U.S. to import 300k metric tons of ground beef
U.S. President Donald Trump has announced plans to allow up to 300,000 metric tons of ground beef product to be imported into the United States for the next three months without being subject to...
Canada adds 75k new jobs, unemployment lowest in two years
According to new data from Statistics Canada’s labour force survey, Canada added 75,000 jobs in July, up 0.4 percent, with gains split between full- and part-time positions. Of those, 21,000 were...
Media in decline – Rogers, Corus make cuts
Rogers Sports and Media is the latest in the media and communications sector to eliminate jobs. The announcement will impact 230 jobs, 80 of which are from radio, as six radio station closures are...
Netflix faces earnings risk
It is clear that streaming giant Netflix Inc. is struggling to capture audience attention for longer than one season of a series, especially with the company’s stock facing a US$257 billion wipeout...
OKA cheese acquired by Lactalis
With a history that dates back more than 130 years in Quebec, the cooperative Agropur has agreed to sell its fine cheese division, including the well-known OKA brand, to France’s Lactalis, which is...
Thomson Reuters, KKR form Global Print JV
Canadian multinational content-driven technology conglomerate Thomson Reuters Corp. and investment firm KKR have signed a deal to form a joint venture that will see KKR gain a 51 percent stake in...
New York sues chemical giants over PFAS exposure
New York Attorney General Letitia James has sued four chemical manufacturing companies for allegedly polluting the state’s natural resources with per- and polyfluoroalkyl substance (PFAS) laced...











