Google is twice a monopolist. Fixing it will be the hard part
Alphabet Inc.’s Google has been found by two federal judges, in less than a year, to have illegally monopolized critical parts of the internet.
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Mazda to pause U.S. production of compact SUV destined for Canada
Mazda Motor Corp. will pause exporting one model type to Canada that it makes in the US as a temporary countermeasure to U.S. President Donald Trump’s tariffs, a spokesperson said Friday.
Google illegally monopolized ad tech markets, judge says
Google illegally monopolized some online advertising technology markets, according to a federal judge, whose ruling marked the latest antitrust setback for the company and a challenge to its main source of revenue.
Rare earth stocks rally on signs Trump supports sector
U.S. stocks linked to rare earth metals and other critical minerals gained this week, getting a boost from signs that the Trump administration will favor a sector that’s become a flashpoint in the trade standoff between the U.S. and China.
WestJet halts bid to hire temporary foreign workers as pilots
WestJet says it’s walking back its bid to put temporary foreign workers in the cockpit.
‘Crown jewel’: HBC’s charter among the art and artifacts it seeks to auction off
Hudson’s Bay will seek court approval to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of artifacts.
Brookfield hires Alper Daglioglu to run multi-asset fund group
Brookfield Asset Management Ltd. hired Morgan Stanley veteran Alper Daglioglu to run a new unit focused on developing multi-asset portfolios for institutional investors and wealthy individuals.
CPP Investments sells portfolio of private equity fund interests
The Canada Pension Plan Investment Board says it has sold a portfolio of 25 private equity fund interests in North American and European buyout funds.
Corus says Heather Shaw to retire as executive chair, will remain non-executive chair
Corus Entertainment Inc. says Heather Shaw will retire from her position as executive chair as of May 31.
Cannabis company Tilray Brands proposes a reverse stock split
Cannabis company Tilray Brands Inc. is proposing a reverse stock split for its shares.
Seven & i proposes 5 new directors as part of board revamp
Seven & i Holdings Co. plans a sweeping revamp of its board at its annual shareholders meeting next month as a part of its effort to boost the value of the Japanese retailer and fend off a US$47.5 billion takeover proposal by Alimentation Couche-Tard Inc.
Barclays and Brookfield agree to offload bank’s payment unit
Barclays Plc will work with Brookfield Corp. to offload some of its payments business, as part of the lender’s push to boost returns.
Alcoa reports US$20 million tariff hit on imports from Canada
Alcoa Corp., the largest U.S. aluminum producer, said U.S. President Donald Trump’s 25 per cent tariff on metal imports has cost the company US$20 million since the duties went into effect.
BHP warns of trade war fallout as it ramps up copper output
BHP Group Ltd. is warning U.S. President Donald Trump’s tariff spree could trigger a global economic slowdown and challenge trade flows, as the world’s biggest miner posted a solid quarterly production performance for key commodities including copper and iron ore.
OMERS loaded up on stocks after Trump’s tariffs pummeled markets
The Ontario Municipal Employees Retirement System bought up stocks last week after Donald Trump’s tariff program pummeled global markets.
Canada, Japan led foreign surge in Treasuries buying in February
Foreign holdings of U.S. Treasuries surged in February by the most since June 2021, with Canada and Japan among the biggest net buyers during a month that preceded the bond market’s recent turmoil.