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Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
OMERS earned 8.3% return for 2024, net assets grew to $138.2 billion

OMERS earned 8.3% return for 2024, net assets grew to $138.2 billion

TORONTO — Pension fund manager OMERS says it earned a return of 8.3 per cent in 2024, net of expenses. The fund says the result topped its 7.5 per cent benchmark for the year. Its net assets totalled $138.2 billion at Dec. 31, 2024, up from $128.
Tariff talk: What corporate Canada is saying during earnings season

Tariff talk: What corporate Canada is saying during earnings season

As companies report their earnings for the latest quarter, they’ve fielded question after question from analysts about how they’re preparing for potential tariffs from the U.S.
Equinox Gold signs all-stock deal worth about $2.6B to acquire Calibre Mining

Equinox Gold signs all-stock deal worth about $2.6B to acquire Calibre Mining

VANCOUVER — Equinox Gold Corp. has signed an all-stock deal to acquire Calibre Mining Corp. and its Valentine gold mine in Newfoundland and Labrador in a proposal that values the company at about $2.6 billion.
Saskatchewan Premier Moe travelling to Washington again to push against tariff threat

Saskatchewan Premier Moe travelling to Washington again to push against tariff threat

REGINA — Saskatchewan Premier Scott Moe is travelling to Washington, D.C., again to push against proposed tariffs from the United States on Canadian goods.
Canadian Pacific mechanics ratify new contract

Canadian Pacific mechanics ratify new contract

CALGARY — Canadian Pacific Kansas City Ltd. and Unifor say 1,200 mechanics have ratified a new collective agreement.
Canada Infrastructure Bank loaning Australian EV charging company Jolt $194M

Canada Infrastructure Bank loaning Australian EV charging company Jolt $194M

TORONTO — The Canada Infrastructure Bank has signed a deal to loan $194 million to Australian electric vehicle charging company Jolt, to help it grow its network in Canadian cities.
Brookfield Asset Management and partners sign deal for National Grid Renewables

Brookfield Asset Management and partners sign deal for National Grid Renewables

TORONTO — Brookfield Asset Management and its institutional partners have signed a deal to buy National Grid Renewables. The deal values the U.S. onshore renewable power business of National Grid plc. at US$1.74 billion.
Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
Canadian chip and hardware makers brace for tariffs, seek domestic support

Canadian chip and hardware makers brace for tariffs, seek domestic support

Ramee Mossa was months into fundraising for his power hardware company FTEX when U.S. President Donald Trump started looming over the negotiations. As soon as Trump took office, potential financiers in the U.S.
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