Business
Quebec businessman Paul Nassar buys luggage retailer Bentley & Co.
By Tara Deschamps, The Canadian Press on July 29th, 2024
Luggage retailer Bentley & Co. Ltd. has agreed to be sold to the Quebec businessman behind the Hart chain, court filings show. While the value and most terms of the deal have not been revealed, the filings made over the course of July say Paul Nassar will purchase all of Bentley’s assets, assume most of ... Read More »
Be the first to comment!S&P/TSX composite, U.S. markets fall in Monday morning trading
By The Canadian Press on July 29th, 2024
TORONTO – Widespread losses pushed Canada’s main stock index lower Monday morning as U.S. markets also fell. The S&P/TSX composite index was down 82.76 points at 22,732.05. In New York, the Dow Jones industrial average was down 126.13 points at 40,463.21. The S&P 500 index was down 4.27 points at 5,462.68, while the Nasdaq composite ... Read More »
Be the first to comment!Stock market today: Wall Street drifts in mixed trading at the start of a frenetic week
By Matt Ott, The Associated Press on July 29th, 2024
NEW YORK (AP) – Stocls are mostly rising at the start of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 was 0.2% higher in early trading Monday, coming off its first back-to-back weekly losses since April. The Dow Jones Industrial ... Read More »
Be the first to comment!Judge dismisses some claims in case alleging BlackBerry CEO harassed former staffer
By The Canadian Press on July 29th, 2024
WATERLOO, Ont. – A U.S. court has dismissed three claims made by a former BlackBerry Ltd. employee who alleges the company’s chief executive sexually harassed her and then retaliated against her after she reported the behaviour. U.S. magistrate judge Sallie Kim granted BlackBerry and John Giamatteo’s request to throw out a claim that they fostered ... Read More »
Be the first to comment!Quebec businessman Paul Nassar buys luggage retailer Bentley & Co. Ltd.
By The Canadian Press on July 29th, 2024
MONTREAL – Court filings show luggage retailer Bentley & Co. Ltd. has agreed to be sold to Quebec businessman Paul Nassar. While the value and most terms of the deal have not been revealed, the filings say Nassar will purchase all of Bentley’s assets, assume most of its leases and offer jobs to the majority ... Read More »
Be the first to comment!McDonald’s same-store sales fall for the 1st time since the pandemic, profit slides 12%
By Dee-ann Durbin, The Associated Press on July 29th, 2024
McDonald’s posted weak sales in the second quarter as increasingly value-conscious consumers in the U.S., China and paid fewer visits to restaurants. Sales at locations open at least a year fell 1% worldwide across every company segment in the April-June period, the first decline since the final quarter of 2020 when the pandemic shuttered stores ... Read More »
Be the first to comment!Fast-food brands see ‘no end in sight’ for cold beverage boom
By Tara Deschamps, The Canadian Press on July 29th, 2024
When summer arrives, Paul Volk thinks the rich and creamy milkshakes Triple O’s churns out are an ideal way to beat the heat. But even in the depths of winter, the sweet treats are just as big of a hit at the Vancouver-headquartered fast-food brand that’s in the midst of an Alberta and Ontario expansion. ... Read More »
Be the first to comment!Nova Scotia opposition parties take aim at new ‘gimmicky’ buy local point program
By The Canadian Press on July 28th, 2024
HALIFAX – Nova Scotia’s opposition leaders are calling a new provincial program meant to both deliver on a campaign promise and encourage residents to buy local “gimmicky” and “laughably stupid.” Premier Tim Houston’s government recently unveiled its long-promised Nova Scotia Loyal program that will award people with Scene+ points at Sobeys Inc. grocery stores and ... Read More »
Be the first to comment!‘Deadpool & Wolverine’ smashes R-rated record with $205 million debut, 8th biggest opening ever
By Lindsey Bahr, The Associated Press on July 28th, 2024
Marvel is back on top with ” Deadpool & Wolverine.” The comic-book movie made a staggering $205 million in its first weekend in North American theaters, according to studio estimates Sunday. It shattered the opening record for R-rated films previously held by the first “Deadpool” ($132 million) and notched a spot in the top 10 ... Read More »
Be the first to comment!Grocers are facing government crackdowns, but will it lead to change?
By Rosa Saba, The Canadian Press on July 28th, 2024
In March 2023, executives from Canada’s three largest grocery companies paid a visit to Parliament Hill. Michael Medline, Galen Weston and Eric La Flèche had been summoned before a House of Commons committee to answer questions about their companies’ rising profits. Facing MPs, they denied accusations of raising prices beyond what inflation warranted. “It doesn’t ... Read More »
Be the first to comment!Robert Downey Jr. is returning to ‘Avengers’ films as a villain in 1 of Marvel’s Comic-Con twists
By Kaitlyn Huamani, The Associated Press on July 27th, 2024
SAN DIEGO (AP) – Marvel Studios returned to San Diego Comic-Con with dancing Deadpool variants and a choir for a panel that included news about the next two “Avengers” films and surprise guests, including Harrison Ford and Robert Downey Jr. Downey is returning to Marvel’s films, but not as Iron Man. He’ll play the villain ... Read More »
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