WestJet is shutting down its budget airline, Swoop. The company made the announcement in a news release Friday, noting that the ratification of its recent deal with its pilots allows it to integrate all of its staff at various airlines into a single banner. “As negotiated in the collective agreement, the WestJet Group will now … Read More “WestJet shutting down discount airline Swoop” »
Tag: business news india
Canada’s watchdog for corporate wrongdoing says she has enough to launch an investigation of allegations that Nike Canada and a gold mining company are benefiting from the forced labor of Uyghurs in China. It’s the first time the office of the Canadian Ombudsperson for Responsible Enterprise (CORE) has launched an investigation since the federal government … Read More “Watchdog probing claims that Nike Canada, a gold company benefiting from forced Uyghur labour” »
Shakeup at Indigo as almost half of the company’s board exits and chair Heather Reisman will also leave soon
Four members of Indigo’s board of directors have abruptly resigned, and the company has announced that chair Heather Reisman will retire this summer. Indigo Books and Music Inc. says Frank Clegg, Howard Grosfield, Anne Marie O’Donovan and Chika Stacy Oriuwa are no longer on the company’s 11-person board. In a statement Wednesday, the company indicated … Read More “Shakeup at Indigo as almost half of the company’s board exits and chair Heather Reisman will also leave soon” »
Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick. “A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company … Read More “Irving Oil considers the sale of the company as part of a strategic review” »
The top executive at Fox News was furious one of the network’s reporters was fact-checking Donald Trump’s false claims about the 2020 election, writing in a December 2020 email that it was “bad for business”. Suzanne Scott, the chief executive of Fox News, was responding in early December 2020 to an on-air fact-check by Eric … Read More “Angry Fox News chief said fact-checks of Trump’s election lies ‘bad for business’ | FoxNews” »
Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shops. In a release dated April 7, the Orlando, Florida-based company announced it was seeking to improve its capital structure in order to “remediate its doubts regarding its ability to continue … Read More “Food storage brand Tupperware warns it could go out of business” »
Shares in Tupperware have tumbled to their lowest level on record as the iconic food storage company warned investors that it is in danger of going out of business. The company’s stock price fell by 50 per cent on Monday after the company said in a press release over the holiday weekend that it has … Read More “Tupperware shares tank as company warns it may go out of business” »
Justin Nelson, Dominion’s lead counsel, appears on CNN. (CNN) Dominion Voting Systems had two goals in its defamation case against Fox News — accountability and “trying to make Dominion whole,” said Justin Nelson, the lead counsel election technology company. Both were accomplished in this settlement, he told CNN on Tuesday. The payment of more than … Read More “Settlement reached in Fox vs Dominion lawsuit” »
