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	<title>FMG Publishing, Author at Business In Focus Magazine</title>
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		<title>Media in decline – Rogers, Corus make cuts</title>
		<link>https://businessinfocusmagazine.com/2026/08/media-in-decline-rogers-corus-make-cuts/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Sat, 01 Aug 2026 04:05:48 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=39320</guid>

					<description><![CDATA[<p>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 expected in Vancouver, Calgary, Halifax, and Kitchener. The company cited declining audience numbers and lower advertising revenue as the reason for [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/media-in-decline-rogers-corus-make-cuts/">Media in decline – Rogers, Corus make cuts&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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<p class="wp-block-paragraph">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 expected in Vancouver, Calgary, Halifax, and Kitchener.</p>



<p class="wp-block-paragraph">The company cited declining audience numbers and lower advertising revenue as the reason for the decision, but it has come under scrutiny in those markets for those who are losing their familiar airwave personalities and programming.</p>



<p class="wp-block-paragraph">In a statement, the company explained the “difficult but necessary decision” followed a “thorough review of our radio stations across the country. We are grateful to our listeners and to our team for their contributions to the local community.”</p>



<p class="wp-block-paragraph">The decision means Sportsnet 650 and News 1130 will no longer be enjoyed in the Vancouver market, while 660 NewsRadio Calgary and Sportsnet 960 will be impacted in Alberta. NewsRadio Halifax and NewsRadio Kitchener have also closed. Rogers will continue to operate 44 radio stations in 30 Canadian cities.</p>



<p class="wp-block-paragraph">Corus also made the decision to cut dozens of media jobs across the country, citing declines in radio and television advertising sales. It plans to “centralize production” though a centralized location has yet to be specified.</p>



<p class="wp-block-paragraph">Unifor says the job cuts will impact 28 jobs in Alberta, two in British Columbia, five in Winnipeg, two in Saskatoon, three in the Maritimes, and three in Ontario.</p>



<p class="wp-block-paragraph">Corus shares have plunged nearly 70 percent over the past year, proof of mounting financial challenges. The latest quarter closed with $1.16 billion debt on its balance sheet, much of which is attributable to its 2016 purchase of Shaw Media for $2.65 billion. All of this follows a major cut to Bell Canada’s workforce, where 700 jobs were axed. In 2024, parent company BCE cut nine percent of its workforce, or around 4,800 jobs, impacting dozens of radio stations and television newscasts. This indicates a greater trend of consolidation in media, which has come at the expense of local news and the role it serves in a rich and vibrant democracy, but the decisions have been made, and listeners have little recourse but to adapt to what is available on the market.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/media-in-decline-rogers-corus-make-cuts/">Media in decline – Rogers, Corus make cuts&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>Netflix faces earnings risk</title>
		<link>https://businessinfocusmagazine.com/2026/08/netflix-faces-earnings-risk/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Sat, 01 Aug 2026 04:04:49 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=39322</guid>

					<description><![CDATA[<p>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 of market value, representing about 45 percent since it reached its all-time high on June 30, 2025, making it one of the worst [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/netflix-faces-earnings-risk/">Netflix faces earnings risk&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
]]></description>
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<p class="wp-block-paragraph">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 of market value, representing about 45 percent since it reached its all-time high on June 30, 2025, making it one of the worst stocks in the market over the last year.</p>



<p class="wp-block-paragraph">Since mid-April, performance on the S&amp;P 500 Index slumped 31 percent, with a weak forecast and in the midst of a leadership change.</p>



<p class="wp-block-paragraph">Investors hope to see improved engagement, which indicates that more people are subscribing and watching programming via the platform, as competition continues to build in the market. The company has reportedly discussed adding live channels and other bundling options for subscription-based services to garner more support and better traction in the market.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/netflix-faces-earnings-risk/">Netflix faces earnings risk&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>OKA cheese acquired by Lactalis</title>
		<link>https://businessinfocusmagazine.com/2026/08/oka-cheese-acquired-by-lactalis/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Sat, 01 Aug 2026 04:03:50 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=39324</guid>

					<description><![CDATA[<p>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 one of the world’s largest players in the global cheese industry, in particular, the fine cheese market. According to Lactalis Canada’s news [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/oka-cheese-acquired-by-lactalis/">OKA cheese acquired by Lactalis&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">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 one of the world’s largest players in the global cheese industry, in particular, the fine cheese market.</p>



<p class="wp-block-paragraph">According to Lactalis Canada’s news release, it will acquire two production facilities in Oka and Sainte-Hyacinthe, Quebec and the nearly 400 workers at those two facilities, bringing its team to 4,500 employees nationwide. “We are committed to preserving the authenticity and quality of these award-winning brands,” Lactalis Group chairman Emmanuel Besnier wrote in a statement. “This extends to being an active member of the Oka and Sainte-Hyacinthe communities&#8230; and contributing meaningfully to the people and places that have shaped these beloved brands.”</p>



<p class="wp-block-paragraph">The decision by Agropur was not easy, but the company assures it was well thought out, as it will allow it to focus on other operations including milk and butter production. Given the highly competitive nature of the fine cheese market, the deal makes sense. The workers get to keep their job and there is optimism around the fact that Lactalis is an established brand and regarded as a good company. The only employees that may be impacted are those at its Saint-Hubert distribution centre. Agropur will retain the facility, which means the workers will be relocated.</p>



<p class="wp-block-paragraph">The sale is pending regulatory approval.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/oka-cheese-acquired-by-lactalis/">OKA cheese acquired by Lactalis&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>Thomson Reuters, KKR form Global Print JV</title>
		<link>https://businessinfocusmagazine.com/2026/08/thomson-reuters-kkr-form-global-print-jv/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Sat, 01 Aug 2026 04:02:58 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=39328</guid>

					<description><![CDATA[<p>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 Global Print for US$500 million. Global Print provides legal and tax information in print format via ProView, its eBook platform, in addition to the [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/thomson-reuters-kkr-form-global-print-jv/">Thomson Reuters, KKR form Global Print JV&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
]]></description>
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<p class="wp-block-paragraph">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 Global Print for US$500 million.</p>



<p class="wp-block-paragraph">Global Print provides legal and tax information in print format via ProView, its eBook platform, in addition to the provision of commercial printing services which it offers to book publishers.</p>



<p class="wp-block-paragraph">The deal will leave Thomson Reuters with a 49 percent interest in the company while it maintains intellectual property rights and full editorial control. The JV will hold an exclusive distribution license for print and ProView platforms. The agreement is subject to regulatory approvals and other conditions of closing. It is expected to close in the fourth quarter of 2026.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/thomson-reuters-kkr-form-global-print-jv/">Thomson Reuters, KKR form Global Print JV&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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		<title>New York sues chemical giants over PFAS exposure</title>
		<link>https://businessinfocusmagazine.com/2026/08/new-york-sues-chemical-giants-over-pfas-exposure/</link>
		
		<dc:creator><![CDATA[FMG Publishing]]></dc:creator>
		<pubDate>Sat, 01 Aug 2026 04:01:50 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://businessinfocusmagazine.com/?p=39326</guid>

					<description><![CDATA[<p>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 consumer products. The case is making its way through New York’s Supreme Court. In the filing, the state alleges 3M, DuPont, Chemours, Corteva, and Corteva subsidiary EIDP knowingly manufactured, [&#8230;]</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/new-york-sues-chemical-giants-over-pfas-exposure/">New York sues chemical giants over PFAS exposure&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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										<content:encoded><![CDATA[
<p class="wp-block-paragraph">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 consumer products. The case is making its way through New York’s Supreme Court.</p>



<p class="wp-block-paragraph">In the filing, the state alleges 3M, DuPont, Chemours, Corteva, and Corteva subsidiary EIDP knowingly manufactured, marketed, and sold product containing PFAS substances for decades, in direct violation of state consumer protection laws and to the harm of the environment. The state is seeking an undisclosed amount of money for remediation efforts of contaminated sites, as well as for damages, restitution, and other penalties, including $5,000 for each situation where the defendants allegedly conducted false advertisement or deceptive business practices.</p>



<p class="wp-block-paragraph">According to the press release, in addition to remediation costs, damages, and other charges incurred, New York also wants the companies to surrender “all illegally earned profits.”</p>



<p class="wp-block-paragraph">The state is rich in natural resources, which include surface waters covering over 70,000 miles of rivers and streams, 7,600 lakes and ponds, several reservoirs, and the surrounding habitat. These waters serve as a primary source of drinking water, as well as commercial and recreational fishing, boating, and other tourist activities, while the state’s ground water serves as a source of drinking water for nearly a third of its residents.</p>



<p class="wp-block-paragraph">In March, the state launched a pilot program across six counties that gave residents who draw their drinking water from private wells the opportunity to apply for free PFAS testing and if the wells contain perfluorooctanoic acid or perfluorooctane sulfonate levels at or above the current New York State public drinking water standards, then residents will be eligible for a rebate of up to $5,000 to install a PFAS water treatment system, or up to $10,000 to connect to a public water supply.</p>



<p class="wp-block-paragraph">New York has been strengthening its regulations to address contamination for years. The Clean Water Infrastructure Act was passed in 2017 to increase the focus on various threats to its clean water sources including PFAS, even allocating $5.5 billion to the cause. The funding includes $130 million to address public drinking water affected by contaminated landfills and similar sites.</p>



<p class="wp-block-paragraph">PFAS exposure could result in state expenditures between $2.7 billion and $4.4 billion for additional healthcare related costs due to PFAS exposure, as these forever chemicals are linked to various cancers, immune system disorders, and developmental issues, according to the Agency for Toxic Substances and Disease Registry.</p>
<p>The post <a href="https://businessinfocusmagazine.com/2026/08/new-york-sues-chemical-giants-over-pfas-exposure/">New York sues chemical giants over PFAS exposure&lt;p class=&quot;company&quot;&gt;&lt;/p&gt;</a> appeared first on <a href="https://businessinfocusmagazine.com">Business In Focus Magazine</a>.</p>
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