Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «business»

April 23, 2018 4:43 PM Toys "R" Us ends Canadian stores auction with Fairfax as sole bidder

Hearing to approve sale to be held Tuesday in a Virginia court Toys "R" Us Inc. will seek approval to sell its Canadian unit to Fairfax Financial Holdings Ltd. after cancelling an auction for the company's Canadian operations. According to U.S. bankruptcy court documents, the auction received no qualified bids other than the stalking horse offer from Toronto-based 11

April 23, 2018 2:23 PM Canadian gaming company Stars Group buys Sky Betting for $4.7B

Canadian online-gambling company Stars Group Inc., formerly known as Amaya, says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion. Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion. Stars Group, which owns PokerStars, said Saturday the purchase will create 10

April 20, 2018 4:08 PM Fairfax Financial in $300M bid for Toys 'R' Us Canadian operations

Auction of Toys 'R' Us Canadian operations to take place on April 23 Ahead of an auction scheduled next week for the Canadian assets of Toys "R" US, Fairfax Financial Holdings Ltd. has put in a $300-million offer. According to court documents filed April 19 with the the United States Bankruptcy Court for the eastern district of Virginia, Toys "R" Us plans 7

April 18, 2018 3:37 PM Corruption trial jury faces choice of believing accused cop or drug dealer witness

Craig Ruthowsky's lawyer argued in closing arguments the Crown's key witness is a self-serving liar And it will depend largely on whether the drug dealer who was the Crown's key witness is seen by jurors as truthful or a self-serving liar. After five weeks of testimony and dozens of witnesses, defence lawyer Greg Lafontaine and assistant Crown attorney 10

April 17, 2018 2:18 PM Apple Music-like news subscription service planned: Report

Apple plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium subscription offering, according to reports. A new, simplified subscription service covering multiple publications could spur Apple News usage and generate new revenue in a similar manner to the $9.99 per month Apple Music offering. That streaming 12

April 16, 2018 9:26 PM Trump businesses made millions off of Republican groups, report says

The spending, thought to be much higher, went to the U.S. president’s airplanes, hotels, golf courses and bottled-water company. Before he was sworn into office, Trump eschewed calls to fully separate from his business interests. Instead he put his holdings in a trust designed to hold assets for his “exclusive benefit,” which he can receive at any time without 16

April 13, 2018 3:45 PM Toys 'R' Us stores in Canada, U.S. draw $890M bid

Bid includes $675 million to buy U.S stores and $215 million for Canadian outlets The head of U.S. toy company MGA Entertainment Inc. revealed Friday that he has made a formal bid to acquire the Toys "R" Us stores in both Canada and the United States. In a release, Isaac Larian, the CEO of MGA Entertainment, said the bid is for $675 million US to buy the U.S stores 14

April 12, 2018 11:12 PM Bank of England’s Mark Carney says cryptocurrencies aren’t financial state risk, but likely to be regulated

Carney says cryptocurrencies pose a challenge for market integrity because “a huge amount” of illicit activity is run through them. Bank of England governor Mark Carney says cryptocurrencies aren’t a risk to the financial state, but he thinks they will be subject to some form of regulation. The former Bank of Canada governor and so-called rock star of finance 10

April 11, 2018 5:43 PM Cineplex announces layoffs of full-time workers amid ‘small restructuring’

The Toronto-based company refused to say exactly how many jobs are being cut, but asserted the layoffs will impact less than 100 employees. The Toronto-based company’s spokesperson Sarah Van Lange is refusing to say exactly how many jobs are being cut, but says the layoffs will impact less than 100 employees. Lange says the cuts are part of a “small 11

April 9, 2018 8:00 AM North American workers wait for raises as job growth continues: Don Pittis

A NAFTA deal could boost wages which should make the economy more efficient, not less One of the simplest rules of economics is that when things are in short supply, prices rise enough to make the problem go away. Yet as unemployment rates in Canada and the United States reach lows not seen for decades, so far, that rule seems to have been broken 13