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June 22, 2018 2:21 AM Hundreds attend funeral for fashion designer Kate Spade

KANSAS CITY, Mo. - Hundreds of mourners braved drizzling rain to attend the funeral for fashion designer Kate Spade on Thursday, many of them carrying her iconic purses as they flocked to a church in her hometown of Kansas City, Missouri. Her family released a statement shortly before the funeral began, saying her father had died the night before at his home. The statement 8

June 21, 2018 3:51 PM Manulife cutting 700 jobs as it restructures operations

Manulife Financial Corp. says it will cut its workforce by about 700 jobs as part of a wider restructuring of its operations as it makes a greater push to digital. The company says the job cuts will come through voluntary exit programs and natural attrition over the next 18 months. Manulife says it will require fewer staff as it automates and digitizes 10

June 21, 2018 2:29 PM Intel CEO resigns after company learns of consensual relationship with employee

John Lasseter, co-founder of Pixar Animation Studios and Walt Disney’s animation chief, also recently said he was resigning over what he called “missteps” with employees. The abrupt departure of Krzanich, who has been the Intel’s top executive since 2013, overshadowed otherwise positive news for the $246-billion (U.S.) tech company. Intel said Thursday 8

June 20, 2018 7:20 PM Instagram unveils new video service in challenge to YouTube

Instagram moving further from its roots as a photo-sharing service as it dives into longer-form video Facebook's Instagram service is loosening its restraints on video in an attempt to lure younger viewers away from YouTube when they're looking for something to watch on their smartphones. The expansion announced Wednesday, dubbed IGTV, will increase 10

June 20, 2018 6:23 PM Disney overtakes Comcast with $71-billion bid for Twenty-First Century Fox

If Disney prevails, Avatar and other movies from Fox’s studios would help beef up Disney’s upcoming streaming service. Disney, which already owns Marvel, would get back the characters previously licensed to Fox, setting the stage for X-Men and the Avengers to appear together. If Comcast wins, it would get a larger portfolio of cable channels including 7

June 20, 2018 5:41 PM The Mouse chases the Fox: Disney makes $71B US counteroffer for Twenty-First Century Fox

Entertainment and telecom firms bulking up to compete with tech firms, such as Amazon, Netflix Disney is offering more than $71 billion US for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion US offer . The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms. They are amassing 10

June 20, 2018 1:18 PM Disney taps Frozen, Inside Out filmmakers to replace Pixar's John Lasseter

Longtime Pixar chief Lasseter departing Disney following misconduct allegations Walt Disney Studios chairman Alan Horn says Tuesday that Jennifer Lee and Pete Docter are taking over for former Disney animation and Pixar chief John Lasseter, who is departing Disney at the end of the year following misconduct allegations. Lee, who co-directed Frozen, has been named 8

June 19, 2018 4:23 PM General Mills banks on yogurt with less sugar to spur turnaround

U.S. consumers essentially didn’t eat Greek yogurt before Chobani burst onto the scene in 2007, rocketing to $1 billion in sales in its first five years. Much of that success came at the expense of General Mills. For years, Yoplait was the top-selling brand in the U.S., and as recently as 2012, it accounted for about 24 per cent of the U.S market. In 2016 Chobani 8

June 19, 2018 11:15 AM Explosion destroys Mount Pearl business, with fumes cited as early suspect

'You could see nothing but smoke and insulation and debris piling up in the air,' says nearby business owner Authorities are trying to determine what caused an explosion that ripped apart a transportation business in an industrial park on the outskirts of St. John's Tuesday morning, with so much force that thousands of people could hear the explosion 8

June 18, 2018 6:16 PM Baytex Energy and Raging River Exploration sign $2.8 billion merger deal

Baytex Energy Corp. and Raging River Exploration Inc. have signed a $2.8-billion deal to merge in a bid to boost the companies’ East Duvernay Shale operations in Alberta. The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets 8