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Company

SmileDirectClub shuts down months after filing for bankruptcy protection

by Anas Siddiqui
SmileDirectClub shuts down months after filing for bankruptcy protection

SmileDirectClub is shutting down just months after the struggling teeth-straightening company filed for bankruptcy protection. In a Friday announcement, the U.S.-based company that was operating in multiple countries, including Canada, …

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Forced-labour watchdog opens probe against Guess over possible Uyghur slave labour

by Anas Siddiqui
Forced-labour watchdog opens probe against Guess over possible Uyghur slave labour

Canada’s corporate watchdog is launching a probe against the company Guess over possible ties to Uyghur forced labour in China. The ombudsperson for responsible enterprise, Sheri Meyerhoffer, says the company …

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We should have been here 10 years ago, says Big Oil at COP28

by Walter Watson
We should have been here 10 years ago, says Big Oil at COP28

As the curtains are set to close on COP28, the oil and gas industry remains firmly in the crosshairs as nations deliberate whether an agreement can be reached to phase …

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Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

by Anas Siddiqui
Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for …

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McDonald’s eyes record global expansion in coming years, with more focus on delivery

by Walter Watson
McDonald’s eyes record global expansion in coming years, with more focus on delivery

McDonald’s is expecting to go through a growth spurt. The Chicago-based burger giant wants to establish thousands of new locations around the globe in the next few years, aiming to have …

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Ottawa getting $40 million refund from former parent company of Quebec COVID vaccine maker

by Akin Smith
Ottawa getting  million refund from former parent company of Quebec COVID vaccine maker

Ottawa will be getting a $40 million refund after it gave Quebec City-based biopharmaceutical company Medicago more than $300 million to develop and manufacture a home-grown COVID-19 vaccine that never made …

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Canada Bread blames former owner Maple Leaf Foods for price-fixing scheme

by Anas Siddiqui
Canada Bread blames former owner Maple Leaf Foods for price-fixing scheme

The bread supplier that admitted to price-fixing earlier this year says any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple …

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For Blue Jays owner Rogers, signing Shohei Ohtani is about more than just baseball

by Virginia Chavez
For Blue Jays owner Rogers, signing Shohei Ohtani is about more than just baseball

The Toronto Blue Jays are reportedly one of the last teams still in the running to sign baseball’s superstar Shohei Ohtani. Baseball insiders say it will take between $500-$600 million …

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Johnson & Johnson’s prescription for growth

by Edgar Davis
Johnson & Johnson’s prescription for growth

Johnson & Johnson (NYSE: JNJ) is a pillar of strength in the healthcare sector. As a cornerstone of the industry, J&J’s strategic posture in the face of formidable pharmaceutical and …

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‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

by Akin Smith
‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

A proposed class-action lawsuit against 23andMe could include more people in Canada than originally anticipated, experts say, after the genetic testing company said a data breach affected millions more customers than …

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