WARNING: This story contains graphic images of burned skin.The family of an Ontario woman who says she was was scalded by a cup of hot Tim Hortons tea is suing the coffee-and-doughnut shop's Canadian franchisor and the owner of one of its locations for $500,000 in damages.But...
Nova Scotia-based Clearwater Seafoods reeled in a whopping $71 million increase in sales in 2022 compared to the year before — a record for the Indigenous-owned shellfish giant.Clearwater's year-end results were reported Thursday by Premium Brands Holdings, the publicly traded,...
An Indigenous-led initiative is still pursuing ownership of the Trans Mountain pipeline, in spite of the project's ballooning price tag."We are not going away, just because it's $30.9 billion. We are entering into the early stages of negotiations,"...
The parent company of Silicon Valley Bank filed for Chapter 11 bankruptcy protection a week after the tech-focused bank failed and was seized by the U.S. government.The filing from SVB Financial Group on Friday is not a surprise, with much of...
The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on...
Empire Company Ltd. says its net earnings hit $125.7 million in its latest quarter as its Sobeys supermarket chain rebounded from a November cyberattack.The results reported Thursday for the grocery store operator's third quarter compared with $203.4 million...
First Republic Bank has received $30 billion US in deposits from several big banks, the banks said in a statement on Thursday, as part of a rescue package for the lender.JPMorgan Chase & Co, Citigroup, Bank of America...
An Ottawa-based private equity firm is buying MindGeek, the owner of Pornhub and other adult entertainment properties.The terms of the purchase by Ethical Capital Partners are not being publicly disclosed.MindGeek, which was founded in Montreal in 2004 and is...
Microsoft Corp. on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival Google with upgrades to its own widely used office software.The...
Alimentation Couche-Tard Inc. says it has signed a 3.1 billion € (4.5 billion Cdn) deal to acquire more than 2,000 service stations from French oil giant TotalEnergies SE.The Laval-based convenience store and gas station operator says the acquisition...
