Daily News

IWG Plc Chief Executive Officer Mark Dixon sold more than 10 per cent of his stake in the world’s biggest operator of serviced offices to pay off a personal loan, sending the stock to its biggest decline in almost two years. Dixon sold 35 million shares in...

Hedge funds’ exposure to U.S. technology behemoths hit a record high following Nvidia Corp.’s estimate-thumping earnings report last week, according to Goldman Sachs Group Inc.’s prime brokerage. The so-called Magnificent Seven companies — Nvidia, Apple In...

Hap Sneddon, president and chief portfolio manager, Castlemoore FOCUS: Technical analysis MARKET OUTLOOK: Corporate earnings are decent, with analysts raising their first-quarter consensus to six per cent from 5.7 per cent, their second quarter and...

Executive Director of Payments, Supervision and Oversight Ron Morrow talks about how payments have evolved in Canada and why it’s important to modernize our paymen...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Employers should be extra cautiou...

The seafood chain has 27 locations in Canada, primarily in Ontario, but has four in Alberta, two in Saskatchewan and one in ManitobaAfter filing for bankruptcy in the U.S. this month, the future of the beleaguered seafood restaurant chain Red Lobster is up i...

Higher provisions for credit losses caused bank to fall short of analyst estimates Get the latest from Barbara Shecter straight to your inbox Sign Up The effects of “higher for longer” interest rates dampened an otherwise strong operating quarter for...

The U.S. stock market is finally as fast as it was about a hundred years ago. That was the last time share trades in New York settled in a single day, as they will from Tuesday under new U.S. Securities and Exchange Commission rules. The change, halving th...

GameStop Corp. shares extended gains in premarket trading on Tuesday after the video game retailer said it brought in nearly US$1 billion from a share sale program amid renewed interest for the so-called meme stock. Shares of the Grapevine, Texas-based com...

Sandwich chain Subway is selling US$3.35 billion of asset-backed securities to help fund its buyout, marking the largest securitization of its kind on record. The sandwich maker is selling a whole business securitization, where a company pledges most of it...