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international business
Members of Nordstrom family team up with a Mexican retail group to bid for its namesake retailer
FILE - A Nordstrom store in Pittsburgh is shown on June 3, 2024. (AP Photo/Gene J. Puskar, File)
international business
Judge rules Johnson & Johnson owes Auris investors US$1-billion related to 2019 robotics deal
(FILES) In this file photo the Johnson & Johnson logo is seen above an entrance to a building at their campus in Irvine, California on August 28, 2019. - The US government on August 5, 2020 announced a new $1 billion investment in a COVID-19 vaccine being developed by Johnson & Johnson, guaranteeing 100 million doses. J&J, via its subsidiary Janssen, had already received $456 million in March. The new money will allow the company to ramp up production so that doses are ready for shipping if and when the drug receives regulatory approval. (Photo by Mark RALSTON / AFP) (Photo by MARK RALSTON/AFP via Getty Images)
inside the market
Market movers: Stocks that saw action on Wednesday - and why
U.S. Steel's Edgar Thomson Plant in Braddock, Pa. is shown Monday, Dec. 18, 2023.
international business
Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources say
FILE - A U.S. Steel logo is seen on a water tower, May 2, 2019, at U.S. Steel's Edgar Thomson Works in Braddock, Pa. (AP Photo/Gene J. Puskar, File)
report on business
Brookfield reportedly close to sale of Spain’s Saeta to Masdar
Pedestrians and office workers walk past the Bay St. entrance to Brookfield Place in Toronto’s Financial District on July 12, 2022. Fred Lum/The Globe and Mail.
international business
CPP Investments and Blackstone to buy Australia’s AirTrunk in $16-billion deal
FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo
report on business
Canadian Western Bank shareholders approve National Bank takeover
The Canadian Western Bank’s first Eastern branch in Mississauga, is photographed on Sunday, October 31, 2021. (Christopher Katsarov/The Globe and Mail)
report on business
VersaBank closes Stearns Bank deal, extends its main lending product into the U.S.
VersaBank subsidiary VersaVault has signed two memorandums of understanding with a cryptocurrency exchange and a cryptocurrency based fund, two steps towards piloting the blockchain based vault. David Taylor, President and CEO of VersaBank, is seen in an undated handout photo. THE CANADIAN PRESS/HO-VersaBank, *MANDATORY CREDIT*
newsletter
Business Brief: Couche-Tard reports amid 7-Eleven takeover bid
A man passes by a Couche Tard convenience store in Montreal, Friday, October 5, 2012. Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending. THE CANADIAN PRESS/Graham Hughes.
opinion
At Parkland, an activist investor says ‘benefits for me, but not for thee’
Andrew Willis
canada
Postmedia CEO says layoffs at SaltWire, Herald are necessary to stabilize papers
The CEO of Toronto-based Postmedia is defending recent job cuts at Atlantic Canada’s largest newspaper chain as necessary because of the bankruptcy of SaltWire Network Inc. The St. John's Telegram Printing Press, along with a display of some of the other publications, owned by Saltwire is shown on Thursday, Aug. 22, 2024. THE CANADIAN PRESS/Paul Daly
report on business
Dell attempts to sell cybersecurity firm SecureWorks again, sources say
FILE PHOTO: The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
international business
Nippon Steel boosts capital commitment to U.S. Steel plants
FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024. REUTERS/Issei Kato/File Photo
report on business
WestJet owner Onex buys aerospace logistics company
Onex chairman Gerald Schwartz was silent about the takeover battle for Canadian Airlines, except to wonder aloud if Air Canada CEO Robert Milton now wishes Onex had won. Photo by: Peter Tym May 11, 2000
opinion
The Biden administration’s misguided antitrust crusade comes for handbags
Todd G. Buchholz
international business
Possible Seven & i takeover ‘historic’ for corporate Japan, Artisan fund manager says
FILE PHOTO: Japan's Seven & i’s logo is seen at its 7-Eleven convenience store in Tokyo, Japan, Aug. 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo
report on business
National Bank reports third-quarter profit rise, beats estimates ahead of Canadian Western takeover vote
A National Bank sign is seen Monday, May 30, 2016 in Montreal. National Bank of Canada raised its quarterly dividend as it reported its fourth-quarter profit rose to $604 million compared with $566 million in the same period a year ago. THE CANADIAN PRESS/Paul Chiasson
report on business
CPPIB joins one of two bid groups seeking to acquire Australia’s AirTrunk: sources
The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
opinion
Have you seen the magic of 7-Elevens in Asia? We can have that in Canada, too
Stephen Nagy
opinion
Couche-Tard’s 7-Eleven deal gives big pensions a chance to be Canadian champions
Andrew Willis
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