1 hour ago NBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record $6.1 billion

BOSTON (AP) — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team. The league said the transaction is expected to close […]

Economics

2 h. ago ’THIS IS OUR LIVELIHOOD’: Farmers brace for hit from China’s canola tariff

Farmer Bill Prybylski says China’s planned tariff on canola seed wasn’t factored into his business equations this year. The president of the Agricultural Producers Association of Saskatchewan says the 75.8% preliminary duty, announced Tuesday, has already caused canola prices to fall by $1 per bushel. That translates to a loss of about $200,000 for his […]

Economics

3 h. ago Glass House Brands Reports Second Quarter 2025 Financial Results

Results surpassed expectations across key metrics including biomass production, revenue, gross profit, and Adjusted EBITDA Wholesale biomass production was 230,748 pounds, up 54% year-over-year Cost of production was $91 per pound, a substantial improvement compared to $148 per pound in Q2 2024 Second quarter 2025 revenue was $59.9 million, exceeding guidance and up 11% year-over-year Gross […]

Culture

3 h. ago Appeals court lets the White House suspend or end billions in foreign aid

WASHINGTON — A divided panel of appeals court judges ruled Wednesday that the Trump administration can suspend or terminate billions of dollars of congressionally appropriated funding for foreign aid. Two of three judges from the U.S. Court of Appeals for the District of Columbia Circuit concluded that grant recipients challenging the freeze did not meet […]

Other

4 h. ago Ontario opens $1B tariff support program for eligible businesses

Ontario is opening up a $1-billion fund aimed at giving relief to businesses affected by steel, aluminum and auto tariffs. The Protect Ontario Financing Program is part of a $5-billion tariff-related support package the provincial government announced in its spring budget. Finance Minister Peter Bethlenfalvy says the loan program will help businesses make payroll, lease […]

Economics

4 h. ago GE Appliances shifts more production to US as part of a $3 billion investment

LOUISVILLE, Ky. (AP) — GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina. The investment — the second-largest in the Louisville-based company’s history — […]

Economics

7 h. ago Yellowstone creator Taylor Sheridan, billionaire Ross Perot Jr. team up on Texas film studio

They are betting on stepped-up demand for filming after the state legislature approved a bigger pot of financial incentives for productions.

Culture

9 h. ago UK Wind Power Slumps as Scorching Weather Flags Renewable Risks

Britain’s wind turbines ground to a near halt this week, as another heat wave brought calm conditions and forced the nation to switch to gas for power generation.

Other

9 h. ago Buffalo Bills running back James Cook ends contract standoff, agrees to four

Bills running back James Cook has ended his contract standoff by signing a four-year deal, Buffalo general manager Brandon Beane said Wednesday. Cook’s deal will pay him $48 million over the four years, two people with knowledge of the agreement confirmed to The Associated Press. The contract includes $30 million in guaranteed money, one of […]

Other

9 h. ago Gildan sizes up its basic apparel offerings with US$2.2B deal to buy HanesBrands

MONTREAL — Gildan Activewear Inc.’s shares are up more than 10 per cent in early trading after it announced it was taking over HanesBrands Inc. for US$2.2 billion. Montreal-based Gildan said the deal is a push for size that can help it grow in a competitive industry. “Today is a historic moment in Gildan’s journey,” […]

Economics

10 h. ago B.C. billionaire wanting Hudson’s Bay leases says landlord concerns are ‘misguided’

TORONTO — A B.C. billionaire who wants to buy some Hudson’s Bay leases says landlord claims that she won’t be able to run a successful business in their spaces are “misguided.” In new court documents filed overnight Wednesday, Ruby Liu says she is prepared to do what is necessary to make her venture successful and […]

Other

10 h. ago Gildan to buy underwear maker Hanesbrands for US$2.2 billion

Gildan is offering Hanesbrands holders roughly US$6 a share

Economics

10 h. ago The End charts a new beginning for Wolfgang Van Halen and Mammoth

Wolfgang Van Halen Mammoth opens for Creed at Vancouver's Rogers Arena on Aug. 16 and will embark on his own headlining tour this fall

Culture

11 h. ago Gildan Activewear signs deal to buy HanesBrands for US$2.2B in shares and cash

MONTREAL — Gildan Activewear Inc. has signed a deal to buy HanesBrands Inc. for US$2.2 billion in shares and cash. Gildan chief executive Glenn Chamandy called it a historic moment for the company. “The combination with HanesBrands strengthens our positioning with an opportunity to expand the heritage ‘Hanes’ brand presence in activewear across channels, while […]

Economics

11 h. ago Is now the time to overhaul Canada’s Old Age Security? Why some urge yes

A 'think and change tank' is recommending the federal government overhaul its Old Age Security program, saying it could unlock billions in savings that could benefit those in need.

Events

11 h. ago Perplexity AI offers Google US$34.5 billion for Chrome browser

The internet giant could potentially be forced to sell Chrome web browser as part of antitrust proceedings.

Economics

11 h. ago Treasure Data Introduces “No Compute” Pricing, Delivering Predictable Economics with Hybrid CDP Architecture

Transparent pricing model is primarily based on customer profiles and behaviors MOUNTAIN VIEW, Calif. — Treasure Data, the Intelligent Customer Data Platform (CDP) built for enterprise scale and powered by AI, today unveiled a groundbreaking “No Compute” pricing model that completely decouples cost from processing resources. Enabled by Treasure Data’s Hybrid CDP architecture, the new […]

Other

11 h. ago Mexico transfers 26 wanted fugitives including cartel kingpins to U.S.

The move was made amid pressure to crack down on cross-border fentanyl smuggling

Culture

12 h. ago Hedge Fund Boss Says Orsted Share Sale Is ‘Invitation’ to Short

The plan by Denmark’s Orsted A/S to sell more than $9 billion of shares is being seen by one hedge fund boss as an invitation to short the stock.

Other

12 h. ago Digi Power X to Announce 2025 Q2 Financial Results on August 14th

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, Aug. 13, 2025 (GLOBE NEWSWIRE) — Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative […]

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