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 the decision, but it has come under scrutiny in those markets for those who are losing their familiar airwave personalities and programming. In a...

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. Since mid-April, performance on the S&P 500 Index slumped 31 percent, with a weak forecast and in the midst of a leadership...

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 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...

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 provision of commercial printing services which it offers to book publishers. The deal will leave Thomson Reuters with a 49 percent interest in the...

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, marketed, and sold product containing PFAS substances for decades, in direct violation of state consumer...