9 d. ago Checkout Begins Employee Share Buyback at $12 Billion Valuation

Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation, becoming the latest digital payments firm to use buybacks in order to stay private longer.

Economics

9 d. ago Prized TikTok Business Valued Like Boring Blue Chip in US Deal

The $14 billion price tag proposed for TikTok’s US business values it more like a stuffy old energy or food company than a leading global social media company.

Economics

9 d. ago TikTok’s $14 Billion Price Tag in Trump Deal Stuns Investors

The $14 billion price tag proposed for TikTok’s US business values it more like a stuffy old energy or food company than a leading global social media company.

Economics

1 week ago Restaurants struggle as more Canadians look for value, dine out less: report

TORONTO — A new report shows restaurants are under pressure as consumers steer away from dining out, while rising operational costs squeeze profit margins. A new Restaurants Canada report finds three in four Canadians are eating out less, often because of the high cost of living. That share is even higher among those aged 18 […]

Other

2 w. ago Hollywood giants sue Chinese AI firm over copyright infringement

SAN FRANCISCO, Calif. — Top Hollywood studios filed a federal lawsuit Monday against Chinese artificial intelligence company MiniMax, alleging massive copyright infringement. Disney, Warner Bros. Discovery, and Universal Pictures accuse MiniMax of building what they call a “bootlegging business model” that systematically copies their most valuable copyrighted characters to train its AI system, then profits […]

Economics

2 w. ago Venezuela, Bidders Clash Over Citgo’s Value in Court Auction

Venezuelan representatives and bidders for its most valuable foreign asset are clashing in a US court on Monday, as a judge in Delaware starts a three-day sale hearing to decide who will take over the parent of Citgo Petroleum Corp.

Other

3 w. ago Parker: Pet Valu opening new distribution centre — creating 100 skilled jobs — in Balzac

The new facility will provide 100 full-time and part-time skilled jobs in the Calgary market, and support Pet Valu’s growth in Alberta, Saskatchewan and Manitoba for the next decade

Events