9 h. ago Hooters files for bankruptcy and here's what that means for Toronto location

U.S.-based restaurant chain Hooters, which is known for its chicken wings and all-female serving staff wearing revealing outfits, has officially filed for bankruptcy protection, and here's what that means for the chain's only Toronto location. On Monday, Hooters of America (HOA) Restaurant Group filed the motion for Chapter 11 protection in the North Texas Bankruptcy Court in Dallas.The company has been facing mounting financial challenges, and as a result, announced that it has entered into a restructuring support agreement to effectuate a sale transaction that will allow for the continued operation of the business under new ownership. The company has reached an agreement with a group of current franchisees, called the Buyer Group, to acquire and operate certain company-owned Hooters locations. The group is comprised of two existing Hooters franchisees, who collectively currently own and operate over 30 per cent of the domestic franchised Hooters locations, including...

Other

4 d. ago Sherritt Announces Update on Noteholder Support for its Previously Announced CBCA Transaction

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today an update on the level of support received from Noteholders (as defined below) in connection with Sherritt’s previously announced transaction to extend the maturities of the Corporation’s note […]

Other

5 d. ago Caledonia Mining Corporation Plc: Bilboes Optimisation Update

ST HELIER, Jersey, March 27, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) (“Caledonia” or “the Company”) is pleased to announce that with the support of DRA Projects (Pty) Ltd and other technical consultants, it has been making good progress on the Feasibility Study (“FS”) for the Bilboes […]

Other

7 d. ago MDS Global Secures Strategic Partnership with PlatformX Communications (PXC)

MDS Converged Monetisation Platform will power PXC’s ambitious goals WARRINGTON, United Kingdom, March 25, 2025 (GLOBE NEWSWIRE) —  MDS Global, a leading provider of Business Support Systems (BSS) for digital telcos, is delighted to announce a new strategic partnership with PlatformX Communications (PXC), the UK’s leading wholesale provider of connectivity, voice, cloud and security solutions. […]

Culture

1 week ago Electra Announces Federal Government Support for Completion of North America’s Only Cobalt Sulfate Refinery

(All amounts in $C unless otherwise specified) TORONTO, March 21, 2025 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce receipt of a Letter of Intent (“LOI”) for proposed funding of $20 million. The funding will support completion of construction and commissioning of North America’s […]

Politics

1 week ago Canada pledges nearly $100M for Palestinians in Gaza, West Bank

OTTAWA — The federal Liberals are announcing nearly $100 million in humanitarian relief and governance support for Palestinians, days before a widely expected election. Foreign Affairs Minister Melanie Joly, who took on the file of international development last week, is announcing funding for major agencies working in the occupied Palestinian territories. The announced funding includes […]

Economics

1 week ago Amtrak CEO abruptly resigns from the nation’s passenger railroad

NEW YORK (AP) — Amtrak CEO Stephen Gardner abruptly resigned from his top post at the U.S. passenger railroad this week. Wednesday’s announcement signaled that the leadership change came down to Amtrak maintaining support from U.S. President Donald Trump. In a statement, Gardner said he was stepping down “to ensure that Amtrak continues to enjoy […]

Transport

1 week ago LambdaTest Introduces WebView Testing with Playwright to Enhance Mobile Application Quality

LambdaTest simplifies WebView testing with Playwright for faster, more reliable mobile app validation. San Francisco, March 19, 2025 (GLOBE NEWSWIRE) — LambdaTest, a leading cloud-based unified testing platform has announced support for WebView testing using Playwright, providing developers and QA engineers with a seamless way to validate the functionality of applications that rely on embedded […]

Technology

3 w. ago Curia Announces Strategic Refinancing to Support Continued Growth

ALBANY, N.Y., March 07, 2025 (GLOBE NEWSWIRE) — Curia Global, Inc. (Curia), a leading contract research, development and manufacturing organization, today announced it has refinanced its senior secured credit facilities. The transaction provides Curia with incremental capital and extends the maturities of its secured credit facilities, positioning the business for continued growth, allowing the company […]

Other

3 w. ago Heidelberg Materials North America Announces Funding Commitment from Government of Canada in Support of its Groundbreaking Edmonton CCUS Project

ISED has committed to finalizing negotiations on a Contribution Agreement for the Carbon Capture, Utilization, and Storage (CCUS) project at the company’s cement plant in Edmonton, Alberta. Irving, Texas, March 07, 2025 (GLOBE NEWSWIRE) — Heidelberg Materials North America is pleased to announce that the Government of Canada’s Innovation, Science and Economic Development Canada (ISED) […]

Politics

3 w. ago Métis National Council Announces National Métis Veterans Gathering in Spring 2026 with Support from Veterans Affairs Canada

Ottawa, March 06, 2025 (GLOBE NEWSWIRE) — The Métis National Council is proud to announce funding from Veterans Affairs Canada’s Veteran and Family Well-Being Fund to support a National Métis Veteran Gathering.   President Victoria Pruden emphasized how essential this dialogue and funding is to Métis Veterans and their families. “This funding is crucial to facilitate […]

Society

3 w. ago Melcor REIT and Melcor Developments Announce Support of Arrangement by Telsec and Firm Capital

EDMONTON, Alberta, March 05, 2025 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Company”) (TSX: MRD) today announced that Melcor REIT and Melcor have entered into voting support agreements (the “Voting Support Agreements”) with each of Telsec Property Corporation, Richard Van […]

Economics

4 w. ago Tune Talk and Mavenir Partner to Revolutionize Malaysia’s Telco Landscape with Cloud

BARCELONA, Spain, March 04, 2025 (GLOBE NEWSWIRE) — Tune Talk, Malaysia’s fastest-growing digital telco, has signed a Memorandum of Agreement (MOA) with Mavenir, the cloud-native network infrastructure provider, to provide a cutting-edge Cloud-Native Digital Operations Support System (OSS) and Business Support System (BSS) platform. The announcement was made at Mobile World Congress (MWC) 2025 in […]

Culture