British Columbia-based Epicure, a food distribution company that has built a loyal following, is the latest direct sales operation to cease operations, citing financial challenges as the reason for...
News
Amazon Canada to close seven of its Quebec warehouses
Amazon Canada announced plans to close seven of its warehouses in Quebec and lay off nearly 2,200 permanent and temporary staff over a period of a couple of months, job losses that will send a...
JPMorgan posts biggest-ever annual profit
Driven by a strong economy and cuts to the interest rate, JPMorgan Chase has experienced record annual profits as traders and dealmakers made the most of rebounding markets in the fourth quarter to...
Starbucks to axe 30 percent of its menu
It is no secret that Starbucks is in the middle of an overhaul in an attempt to woo back customers to its cafés, and part of that plan is to streamline its menu by cutting 30 percent of it over the...
Bell offering 1,200 severance packages to unionized employees
Bell Canada is offering severance packages to 1,200 unionized employees, citing unprecedented challenges, a move that is being acknowledged as ‘a damaging stunt’ by Unifor’s National President Lana...
TD Bank Group closes on sale of Charles Schwab
TD Bank Group has closed on the sale of the entirety of its equity investment in The Charles Schwab Corporation (184,678,738 shares or 10.1 percent economic ownership). In total, 165,443,530 shares...