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July 12, 2018 6:03 PM Comcast boosts Sky bid to $34 billion, topping Murdoch’s offer

Comcast Corp. increased its takeover bid for Sky Plc to $34 billion US, topping an offer from Rupert Murdoch’s 21st Century Fox Inc. and escalating a global standoff between the media giants. Comcast, the largest U.S. cable company, is now offering 14.75 pounds a share for Sky, valuing Britain’s top pay-TV provider at 26 billion pounds, according to a statement 9

July 6, 2018 9:05 PM Netflix testing higher-priced ‘Ultra’ plans

However, the company said in a statement given to USA Today: “We continuously test new things at Netflix and these tests typically vary in length of time. In this case, we are testing slightly different price points and features to better understand how consumers value Netflix. Not everyone will see this test and we may not ever offer the specific price 28

July 4, 2018 5:27 PM Recipe Unlimited to phase out plastic straws at its 19 brands by 2019

VAUGHAN, Ont. — Recipe Unlimited Corporation will eliminate plastic straws from its 19 restaurant brands including Swiss Chalet, Harvey’s, Kelsey’s and East Side Mario’s. The restaurant giant formerly known as Cara Operations will start phasing out its plastic straws in August. Recipe Unlimited says it will dump plastic straws because of their impact 42

July 2, 2018 12:49 AM NHL players who moved on first day of free agency

While new Maple Leaf John Tavares was the biggest name to move, veterans Paul Stastny, Jack Johnson, Michael Grabner and Chris Kunitz also changed teams on the opening day of NHL free agency Sunday. Stastny was perhaps the most sought-after centre on the market after Tavares. The Winnipeg Jets were believed to have off-loaded goalie Steve Mason’s salary 10

June 25, 2018 1:00 PM CAE, Inc. workers in Montreal striking

MONTREAL — Nearly 475 unionized CAE Inc. employees in Montreal went on strike Friday afternoon after rejecting the company’s latest contract offer. Unifor national representative Daniel St-Pierre says the action, taken by members after voting 93 per cent against the offer, demonstrates the frustration that’s built up and a difficult labour climate 10

June 23, 2018 4:34 PM Ilya Kovalchuk returns to NHL with L.A. Kings in $18M deal

After five years back home in Russia, Ilya Kovalchuk is ready to resume his Stanley Cup chase with the Los Angeles Kings. The high-scoring forward agreed to a three-year, $18.75 million deal with the Kings on Saturday, choosing Los Angeles over several interested teams for his return to the NHL. The 35-year-old Kovalchuk scored 816 points in 816 career 10

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 24

June 18, 2018 6:04 PM Aurora-based Magna strikes deal with China’s largest electric vehicle maker

China surpassed the U.S. in 2015 as the largest market for EVs, helped by government subsidies and stringent emissions rules. A local facility in China helps Magna enter the fast-growing market while potentially helping it to lessen the impact of any increases in export costs resulting from the intensifying trade spat between the U.S. and China. Owned 11

June 16, 2018 12:02 PM Spain saves 933 migrants, prepares to receive Aquarius boat

Prepares to receive another 630 migrants after Italy and Malta refuse to let aid boat land Spain's maritime rescue service says it has saved 933 people and recovered four bodies from dozens of migrant boats attempting the perilous crossing of the Mediterranean Sea over the past two days. The service said Saturday that it pulled the migrants from a total 13

June 14, 2018 4:26 PM Why signing John Tavares is an idea the Maple Leafs should pursue

The short-term idea fits because the Leafs have plenty of cap space this season, but it’s looking like they will run into trouble starting in the 2019-20 season when Matthews and Marner will be (presumably) on long-term deals. Why would Tavares do that? Well, the one-time payday would make up for the bargain-basement contract he gave the New York Islanders 17