Company News

Elon Musk‘s artificial intelligence startup xAI has sued a former engineer at the company for allegedly stealing trade secrets related to its Grok chatbot and taking them to rival OpenAI.

Walmart defeated an appeal by shareholders who said the world’s largest retailer defrauded them by failing to disclose that federal prosecutors were investigating its opioid-dispensing practices.

The Squamish Nation says Vancouver-based developer Westbank Corp. has sold its entire stake in its massive Senakw housing project, which broke ground in 2022 backed by a $1.4 billion federal loan for construction.

BRP Inc. says it delivered better than anticipated results despite the economic environment, leaving it confident enough to issue full-year guidance. 

U.S. President Donald Trump is pushing for more control over everything the federal government and its agencies do, and a string of firings will test how far he might be able to take his quest.

Your eyes aren't deceiving you. After years spent closed and out of the spotlight, Zellers is making a return, and it's getting its new start in Alberta.

Banana giant Chiquita has agreed to restart operations in Panama after mass layoffs earlier this year, Panama’s government and the company said on Friday.

U.S. crude oil production hit a record high in June, the Energy Information Administration said on Friday, rising 133,000 barrels per day to 13.58 million bpd.

U.S. President Donald Trump has moved to unilaterally cancel US$4.9 billion in federal funding authorized by Congress, escalating the fight over who controls the nation’s spending.

Elon Musk has asked a federal judge to dismiss a U.S. Securities and Exchange Commission lawsuit claiming he waited too long to disclose his purchases of Twitter shares in 2022, accusing the regulator of overreaching in order to punish him for criticizing it.

Caterpillar’s shares lost more than three per cent in morning trading on Friday, a day after the heavy-equipment maker forecast higher tariff-related expenses for 2025, as companies scramble to assess the impact of shifting U.S. trade policy.

Shares of Dell Technologies dropped nearly 6 per cent in premarket trading on Friday, as a dour quarterly profit forecast and weaker-than-expected second-quarter margin rate overshadowed upbeat full-year estimates.

PepsiCo has increased its stake in Celsius Holdings through a US$585 million deal, as the soda and snacks maker strengthens its energy drink business amid shifting consumer preferences.

Flight attendants’ defiance in the face of federal intervention meant to halt a recent strike at Air Canada could set a new precedent for work stoppages, some labour movement-watchers say.

Montreal-based fashion platform SSENSE is planning to file for creditor protection after claiming that its lenders are trying to sell the company without its consent.