4 h. ago Buss family to sell controlling stake of Lakers for $10B valuation: AP source

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter, doing so with a franchise valuation of $10 billion — the highest for a professional sports franchise, a person with knowledge of the agreement said Wednesday. As part of the deal, Jeanie Buss — […]

Economics

5 h. ago Chinese steel 'contributed to delays' in construction of Pattullo Bridge replacement, says advocate

Welding problems in steel from oversees can create headaches and increase expenses, says Canadian Institute of Steel Construction CEO

Other

7 h. ago Buss family to sell controlling stake of Lakers to Mark Walter for $10B valuation, AP source says

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter, doing so with a franchise valuation of $10 billion — the most ever for a professional sports franchise, a person with knowledge of the agreement said Wednesday. As part of the deal, Jeanie Buss […]

Economics

8 h. ago Calgary drops to 18th among most liveable cities in the world

In 2024, Calgary ranked fifth as one of the most liveable cities in the world

Other

8 h. ago Itafos Announces Results Of 2025 Annual General Meeting Of Shareholders

HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) is pleased to announce that all items of business were approved at its annual general meeting of shareholders held today (the “Meeting”). At the Meeting, the following six incumbent directors were overwhelmingly re-elected: Anthony Cina, Ricardo De Armas, G. David […]

Other

9 h. ago Oportun Releases Investor Presentation Highlighting Strategic Progress

Outlines proactive steps taken by Board and management to drive long-term stockholder value Urges stockholders to vote “FOR” Oportun’s two nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today released an investor […]

Other

10 h. ago Who will be the Ottawa Redblacks QB this week and why it might be the least of their concerns

Just when it looked like Dru Brown would be returning as the Ottawa Redblacks quarterback this week, all bets are suddenly off. Brown, a limited participant when the team returned to work in preparation for Saturday’s game in Calgary against the Stampeders, stepped back at Wednesday’s practice while Dustin Crum was given first-team reps. Afterwards, […]

Other

11 h. ago Canada issues urgent travel advisory for Mexico suggesting 'high degree of caution'

The Government of Canada has issued a travel advisory for Mexico, urging caution for travellers heading south.On June 18, Canada updated its travel advisory for Mexico, warning Canadians of the risk level, which remains at yellow. Travellers are being warned of the dangers of Hurricane Erick, a rapidly intensifying tropical storm. Canadians are also urged to avoid non-essential travel to the southwestern coast from Bahías de Huatulco to Tecpan de Galeana."Hurricane Erick is expected to make landfall as a hurricane between Bahías de Huatulco and Tecpan de Galeana on June 19, 2025," reads the statement. "The storm is likely to bring excessive rainfall and violent winds."Update: Tropical Storm #Erick is expected to make landfall as a hurricane on the southwest coast of #Mexico. Check back often in case or updates as the storm moves: https://t.co/YFPUfQlIpk https://t.co/OWSi4ernde— Travel.gc.ca (@TravelGoC) June 18, 2025The Canadian government war...

Other

14 h. ago Site of demolished Toronto mall about to be a hive of subway construction

A key transit hub for Toronto's upcoming Ontario Line is about to take shape on the former site of the Riverdale Shopping Centre, marking the next major step in the city's rapidly expanding transit network. Starting as early as July 4, 2025, crews will begin piling for the support of excavation at the Gerrard Portal, located at the northeast corner of Gerrard Street East and Carlaw Avenue. This work is expected to continue for about one year and marks a critical milestone in preparing the site for tunnelling activity. The former Riverdale Shopping Centre, which was once home to a No Frills grocery store, Dollarama, a gas station, and other local businesses, was closed in 2024 to make way for the Ontario Line. Early 2025 views of demolition at the site of the former mall.Metrolinx previously announced last year that demolition would begin at the plaza as early as January 2025 to provide space for the future Gerrard Tunnel Portal. So far, the transit agency has ...

Other

14 h. ago Houston’s Electric Utility Is Prepared for Storms After 2024 Blackout, CEO Says

Houston’s electric utility is confident significant grid investments will prevent a repeat of widespread blackouts that occurred last summer following Hurricane Beryl.

Other

14 h. ago Amazon CEO says AI will reduce its corporate workforce in next few years

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said […]

Other

16 h. ago Canadian families with kids will get money from the government this week

The final Canada Child Benefit payments are scheduled to be deposited into bank accounts this Friday, ahead of an increase in July.Eligible families can expect to receive Canada Child Benefit (CCB) payments on June 20. This month's payment will be the last one before the scheduled increase in July, which marks the beginning of the new benefit year.The last time the federal government increased the child tax benefit was in July 2024 when payments went up by 4.7 per cent. As a result of the increase, the maximum payment for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, payments increased by $295, from $6,275 to $6,570.To help parents with the rising cost of living, Ottawa has been using a process called indexation to increase the benefit amounts since 2018.An Employment and Social Development Canada (ESDC) spokesperson explained that, due to the indexation process, tax child benefit payments, as well as income thresholds, increase every ...

Politics

16 h. ago Toronto will feel hotter than 40 C this weekend and into next week

Get ready for some scorching weather in Toronto to kick off the first weekend of summer proper.Toronto is buckling up for some sizzling heat on Wednesday, but it will just be a taste of things to come ahead of an extreme heat event set to smother the city starting this weekend.Temperatures will soar on Sunday, June 22, making it feel hotter than 40 C .According to The Weather Network's seven-day forecast, thunderstorms may offer some relief from the suffocating temps by the afternoon, but the mercury will still climb to 33 C during these hours, and feel like an unbearable 43 C when factoring in humidex.The stormy conditions are expected to subside by the evening, making way for sunny skies and temperatures of 28 C that feel more like 38 C before the weekend wraps up.But you can expect more of the same discomfort on Monday, when thermometers are expected to climb to 39 C by the mid-afternoon, with temperatures once again feeling more like 43 C.On Tuesday, condition...

Other

17 h. ago QXO Announces Rachel Narveson as 2025 Female Roofing Professional of the Year

The founder and CEO of Proficient Construction in Lake Elmo, MN earns a $10,000 prize GREENWICH, Conn. — QXO, Inc. (NYSE: QXO) announced today that Rachel Narveson, Founder and CEO of Proficient Construction in Lake Elmo, MN, is the winner of its 2025 North American Female Roofing Professional of the Year program, an annual campaign […]

Other

17 h. ago Achat d’autos électriques: le programme fédéral de subventions pourrait être de retour

Le gouvernement fédéral aurait l’intention de rétablir le programme alors qu’il avait été aboli en janvier dernier.

Politics

17 h. ago Sam Altman says Meta is trying to poach OpenAI staffers with $100

Meta CEO Mark Zuckerberg has been personally recruiting for a new 'superintelligence' group

Economics

19 h. ago Zoho Launches Zia Hubs, An Unmatched New Tool to Extract Intelligence From Unstructured Business Data

Deep AI capabilities combined with Zoho’s extensive suite of business apps brings unparalleled utilization of company data across the entire organization AUSTIN, Texas — Zoho Corporation, a global technology company, today launched Zia Hubs, a solution within Zoho WorkDrive, that exposes new forms of unstructured business data to the company’s broad portfolio of applications and […]

Economics

19 h. ago Wednesday's letters: Vaccines prevent misery, save tax dollars

According to the Canadian Respiratory Virus Surveillance Report, there have been 671 deaths related to influenza and 2,186 related to COVID-19 since Aug. 25, 2024. Of the latter, 93 per cent occurred in seniors. COVID-19 vaccines do not prevent infection but decrease the severity of disease. The benefits of vaccines almost certainly outweigh the risks […]

Economics

23 h. ago Yokogawa Collaborates with Shell on Robotics and AI Technology for Plant Maintenance

– Streamlining operations and reducing risk in asset integrity management – TOKYO — Yokogawa Electric Corporation (TOKYO: 6841) announces that it has formalized a long-term agreement with Shell Global Solutions International B.V. (“Shell”) to integrate and further develop technologies for utilizing robots and drones in plant monitoring and maintenance. Under the agreement, Yokogawa will add […]

Other

23 h. ago Nucléaire: la Chine a minimisé l'essai d'un missile dans le Pacifique

La Chine a minimisé de manière trompeuse le tir d'essai d'un missile capable de transporter l'arme nucléaire, tombé en 2024 dans l'océan Pacifique.

Events