Business News
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Cronos Group Inc, today announced that it has entered into a subscription agreement with Virginia-based Altria Group Inc. — the maker of Marlboro cigarettes. The Altria investment will give them a 45 percent stake in Cronos.
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The UK Parliament published a trove of top-secret Facebook executive emails on Wednesday.
Read the key takeaways from the documents below.
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Hydro One and Avista Corporation today were denied the proposed merger of the two companies by Washington state regulators. Ontario ratepayers, could be on the hook for a $138 million termination fee.
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Aphria shares tumbled 29 percent in pre-market trading in New York on Monday after Gabriel Grego, founder of Quintessential Capital Management (QCM), accused the company of being a shell game with a cannabis business on the side.
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Alberta -
Alberta Premier Rachel Notley has announced a temporary 8.7 percent oil production cut, or decrease of 325,000 barrels a day, in the production of raw crude oil and bitumen starting Jan. 1, 2019.
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Millennial spending habits have wreaked havoc on companies from golf equipment makers to razor manufacturers.
Millennials have been blamed for killing plenty of industries. But, according to the Federal Reserve, it's not their fault.
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General Motors' stunning announcement on Monday that it plans to close up to five assembly plants in North America and slash its workforce angered President Trump, who views the U.S. economy as a reflection of his presidency.
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As part of its global restructuring program, General Motors will cut car production, stop building several slow-selling models, and slash its North American workforce by 6,300 people.
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The mesh conference is back. After taking a break for a few years, the mesh conference officially relaunched in Toronto.
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Facebook looks as if it's preparing for war with US President Donald Trump.
The company recently hired Kate Patchen, the chief of the Department of Justice's antitrust division in San Francisco.
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By AFP
Paris -
UBS, Danske Bank, Cambridge Analytica and now Renault-Nissan: the probe into Carlos Ghosn demonstrates the growing power of whistleblowers as transparency requirements tighten in the corporate world.
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By AFP
Moscow -
Arms giant Rostec is seeing strong demand for its advanced anti-missile systems despite international sanctions against the Russian defence sector, chief executive Sergei Chemezov told AFP in an interview.
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Although there are some folks who remain skeptical of Climate Change, the folks who make a living providing us with insurance are not. Insurance companies are already being impacted by the significant amount of destruction a warming world is causing.
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By AFP
Zagreb -
Croatian tycoon Ivica Todoric, being investigated over fraud allegations, was released from a Zagreb prison on Tuesday after posting a million-euro ($1.1-million) bail.
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Communications employees at Facebook are fuming at the company's chief operating officer, Sheryl Sandberg, after they were thrown under the bus over a smear campaign targeting the company's critics, The Wall Street Journal reported Sunday night.
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Retailers are facing increased challenges and competition both to the concept of the physical store and with online shopping. This calls for new tactics and vision, according to a new study from Accenture.
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When serial entrepreneur David Ossip took the reins at global HR management tech company Ceridian in 2013, he had his work cut out for him.
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By AFP
London -
British businesses breathed a sigh of relief after the cabinet on Wednesday gave its backing to a draft Brexit deal that still faces numerous hurdles in Brussels and London.The pound rose to around $1.
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By AFP
Apo -
Cyborg artists, parkour pioneers and a British boxing star headlined a Saudi youth conference Wednesday hosted by the powerful crown prince's charity, the latest high-profile event in the shadow of critic Jamal Khashoggi's murder.
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Participate in a new survey about how digital transformation is impacting people. The survey provides participants with a unique opportunity to have their voices heard about how DX is changing their lives.
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By AFP
Dublin -
With its brown-black hue and cascading creamy head, Guinness is Ireland's most iconic export.
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Tesla has named a new chair to replace Elon Musk after the CEO agreed to step down from the company's board as part of a settlement with the Securities and Exchange Commission.
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Only two companies among the 10 biggest oil and gas producers globally have disclosures that allow investors to see and track how their carbon emissions will decline over time.
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League of Legends developer Riot Games is facing a class-action lawsuit claiming the company harbored a sexist work environment with women suffering from unequal pay and regular harassment.
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By AFP
Zagreb -
Britain on Wednesday extradited Croatian tycoon Ivica Todoric to Zagreb where he faces fraud allegations linked to the food and retail giant Agrokor he founded, media and a witness said.
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U.S. electric truck maker Nikola Motor unveiled the third version of its hydrogen-powered electric semitrailer truck on Tuesday, which it says will be aimed at European customers.
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A northern Indiana utility has added another nail into coal's coffin, announcing the retirement of four coal-fired power plants and a turn to renewable energy.
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A new research paper dives into business Internet of Things. It finds that the majority of survey respondents believe that security concerns around digital technologies are the biggest inhibitors to digital transformation.
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Retail giant Amazon Inc. is in “advanced talks” to open its second headquarters in the Washington, D.C., metropolitan area, The Washington Post reported Saturday.
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The best place to run a business, according to a new review, is, to the surprise if some, New Zealand. The review us based in data collated by the World Bank.
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Like any other major metropolitan city, downtown Toronto has a variety of commercial buildings that can be seen from a distance, however, standing under one can make one dizzy.
A new survey from DJG and Chestnut Research wants to hear your digital transformation experiences. Photo by Nik MacMillan on Unsplash
At their height the Crumbs bakery featured large varieties of cupcakes made fresh every day. Their decline and closure left many people shocked. Evan-Amos
The Orchard buying process has a simple app that does the testing for you. Orchard with permission
The Orchard site can give you an even better overview of this business. Screenshot of Orchard with Permission
Congress of controllers MCB-Management Center Belgrade
Toronto Ontario, Canada - June 5, 2012. Located in a former Canadian Pacific Rail steam locomotive roundhouse, Steam Whistle brewery produces an average of 120,000 bottles of their Pilsner beer every day. During June and July their production will double to keep pace with demand. The company is in production 363 days of the year, only closed on Christmas and New Years day. The company produces one beer only - Pilsner - which was selected to fill a gap in the craft beer market.
Information booth on the 16th Street Mall, Denver, CO.
Big Data Toronto 2018 Conference & Expo Big Data Conference
The Microsoft sign at the entrance of the German Microsoft campus, Konrad-Zuse-Str. 1, Unterschleißheim, Germany Johannes Hemmerlein
The new mesh conference launched with a meetup aimed at building up digital transformation insights mesh
File photo: A display of Panasonic televisions. Bin im Garten (CC BY-SA 3.0)
Sunrise from a near by hotel high near the 16th St Mall, Denver.
Toronto Ontario, Canada - June 5, 2012. Located in a former Canadian Pacific Rail steam locomotive roundhouse, Steam Whistle brewery produces an average of 120,000 bottles of their Pilsner beer every day. During June and July their production will double to keep pace with demand. The company is in production 363 days of the year, only closed on Christmas and New Years day. The company produces one beer only - Pilsner - which was selected to fill a gap in the craft beer market that was identified
Outdoor cafes are the norm along the 16th Street Mall, downtown Denver, CO.
By collaborating with the new machines, we can become better at “being human” in how we perform our work, whether we’re caregivers, lawyers, bankers or customer service reps. Photo by NESA by Makers on Unsplash
Toronto Ontario, Canada - June 5, 2012. Located in a former Canadian Pacific Rail steam locomotive roundhouse, Steam Whistle brewery produces an average of 120,000 bottles of their Pilsner beer every day. During June and July their production will double to keep pace with demand. The company is in production 363 days of the year, only closed on Christmas and New Years day. The company produces one beer only - Pilsner - which was selected to fill a gap in the craft beer market.
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