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Company

‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

by Anas Siddiqui
‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of three quirky and volatile shares sharply …

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Luxury retailer Ted Baker begins store-closing liquidation sales

by Anas Siddiqui
Luxury retailer Ted Baker begins store-closing liquidation sales

Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month. The three …

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Flair Airlines CEO bullish on future of discount airlines. Others aren’t so sure

by Anas Siddiqui
Flair Airlines CEO bullish on future of discount airlines. Others aren’t so sure

With Swoop folded into WestJet and Lynx folded altogether, Edmonton-based Flair Airlines has emerged as the only ultra-low cost carrier left standing in Canada.  Is CEO Stephen Jones nervous? “Not …

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Boeing 767 cargo plane landing without front gear on Istanbul runway captured on video

by Walter Watson
Boeing 767 cargo plane landing without front gear on Istanbul runway captured on video

A FedEx Airlines Boeing 767 cargo plane landed at Istanbul Airport on Wednesday without its front landing gear, a Turkish Transport Ministry official said, adding there were no casualties and …

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AstraZeneca withdraws its vaccine to protect against COVID-19 worldwide

by Akin Smith
AstraZeneca withdraws its vaccine to protect against COVID-19 worldwide

AstraZeneca says it is withdrawing Vaxzevria, its vaccine to protect against COVID-19, from global markets. The vaccine was used early on in the pandemic in many countries, including Canada. In an …

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FTX says most customers will get all their money back less than 2 years after crypto fraud crisis

by Anas Siddiqui
FTX says most customers will get all their money back less than 2 years after crypto fraud crisis

FTX says that nearly all of its customers will get back the money they are owed — and some will get more than that — nearly two years after the cryptocurrency exchange imploded. FTX …

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Competition Bureau investigating Lululemon over greenwashing allegations

by Anas Siddiqui
Competition Bureau investigating Lululemon over greenwashing allegations

Canada’s Competition Bureau has opened a formal investigation into Lululemon’s environmental claims in its marketing campaigns, a spokesperson for the agency told CBC News on Monday. Marianne Blondin confirmed in an email that the Competition Bureau “has commenced …

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Boeing under investigation after workers falsified inspection records on some Dreamliners

by Anas Siddiqui
Boeing under investigation after workers falsified inspection records on some Dreamliners

The U.S. Federal Aviation Administration said Monday it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on …

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Canada’s competition bureau investigating Lululemon’s green claims, non-profit says

by Anas Siddiqui
Canada’s competition bureau investigating Lululemon’s green claims, non-profit says

Canada’s competition bureau is opening a formal investigation into Lululemon’s environmental practices, according to a non-profit group that filed against the B.C. athleisure giant that accused it of greenwashing. “Stand.earth representatives were notified late last week by …

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This court case could set groundbreaking precedent for Indigenous land rights in Europe

by Walter Watson
This court case could set groundbreaking precedent for Indigenous land rights in Europe

Norway’s Supreme Court is deliberating on a case that could grant local control over a vast area in the country’s far north — and set a groundbreaking precedent for Indigenous …

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