Business

Business


Judge wrestles with far-reaching remedy proposals in US antitrust case against Google

WASHINGTON (AP) — The fate and fortunes of one of the world’s most powerful tech companies now sit in the hands of a U.S. judge wrestling with whether to impose far-reaching changes upon Google in the wake of its dominant search engine being declared an illegal monopoly. U.S. District Judge Amit Mehta heard closing arguments […]

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Chief Justice agrees to pause court orders requiring DOGE to turn over records about its operation

WASHINGTON (AP) — Chief Justice John Roberts agreed Friday to temporarily pause orders that would require Elon Musk ’s Department of Government Efficiency to publicly disclose information about its operations. The order came after the Trump administration appealed to the Supreme Court in a lawsuit filed against DOGE by a government watchdog group. Citizens for […]

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FTC dismisses lawsuit against PepsiCo that was filed by Biden-era FTC

The Republican-controlled Federal Trade Commission voted Thursday to dismiss a lawsuit against PepsiCo that the previous commission filed in the waning days of the Biden administration. The lawsuit, filed in January, alleged that PepsiCo was giving unfair price advantages to Walmart at the expense of other vendors and consumers. The lawsuit had relied on the […]

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UK retailer Marks & Spencer puts cyberattack cost at $400 million with disruptions ongoing

LONDON (AP) — British retailer Marks & Spencer estimated Wednesday that a cyberattack that stopped it from processing online orders and left store shelves empty will cost it about 300 million pounds ($400 million). The company said in a business update that disruption from the “highly sophisticated and targeted cyber attack,” which was first reported […]

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Key portfolios for business community to watch as Carney’s cabinet sworn in

Canada’s business community will be monitoring files across various portfolios after Tuesday’s swearing-in of Prime Minister Mark Carney’s new cabinet. Corporate leaders and business associations say their priorities include holding Carney accountable when it comes to his promise of launching nation-building projects, along with hitting the reset button on the energy and environment files. Here […]

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B.C. quietly allowed an oil and gas giant to sidestep rules for more than 4,300 pipelines

This investigation is a collaboration between The Narwhal and the Investigative Journalism Foundation. The British Columbia government quietly granted one of Canada’s biggest oil and gas companies an exemption for thousands of pipelines that should have been deactivated before a legal deadline, according to documents obtained under freedom of information legislation. In 2020, the BC […]

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Alberta Health Services claims fired CEO kept confidential emails, seeking injunction

Alberta’s health authority is claiming its fired former executive breached her employment agreement by holding on to confidential emails with information pertaining to allegations in a high-profile court case. A new affidavit filed Wednesday by Alberta Health Services says the agency is looking to amend its statement of defence in light of the emails, which […]

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Google to buy cybersecurity firm Wiz for $32 billion, the largest deal in company history

NEW YORK (AP) — Google will buy cybersecurity firm Wiz for $32 billion to boost the tech giant’s in-house cloud computing amid burgeoning artificial intelligence growth. The all-cash acquisition announced Tuesday would be Google’s biggest in its 26-year history, and it is the biggest deal of 2025.  Wiz will join Google Cloud, boosting Google’s in-house […]

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B.C. court grants production order to man defrauded out of $26 million in bitcoin

A B.C. Supreme Court judge has granted production orders to name cryptocurrency account holders to a man who claims he lost $26 million in bitcoin in a fraud connected to a person who claimed to live in Vancouver.  The court ruling posted Thursday was issued last month involving Lixiao Wang, who petitioned the court for […]

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FTC asks judge to delay Amazon trial due to resource constraints

The Federal Trade Commission asked a federal judge on Wednesday to delay a trial in a case accusing Amazon of using deceptive practices in its Prime subscription program, citing staffing and budgetary challenges at the government agency. Jonathan Cohen, a lawyer for the FTC, made the request before U.S. District Judge John Chun, who is […]

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As Ontario hikes cost of electricity exports, Lutnick says more tariffs are coming

Ontario placed a 25 per cent surcharge on electricity exports to the United States on Monday as Canada braced for steel and aluminum duties the Trump administration is set to deploy on Wednesday. “I feel terrible for the American people, because it’s not the American people who started this trade war,” Ontario Premier Doug Ford […]

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U.S. commerce secretary says steel and aluminum tariffs coming this week

Canada remains in the crosshairs of U.S. President Donald Trump’s enormous tariff agenda, with steel and aluminum duties set to come into force on Wednesday. While U.S. Commerce Secretary Howard Lutnick said Sunday that Trump will follow through on his plan to impose 25 per cent tariffs on steel and aluminum imports into the U.S., […]

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