Jeff Bezos sold US$1.7 billion of Amazon.com Inc. stock, bringing the amount he’s unloaded this month to about US$6.7 billion.
George Weston reports Q1 loss on one-time charges, adjusted profit edges higher
George Weston Ltd. reported a loss in its latest quarter compared with a profit a year ago as it was hit by one-time charges.
Oatly sees valuation possibly over US$10 billion as U.S. IPO nears
Oatly Group AB expects to raise as much as US$1.65 billion for itself and its investors in an initial public offering, potentially giving the maker of plant-based food and drink products a total valuation of over US$10 billion.
Rotten Tomatoes launches television channel to draw in new users
Rotten Tomatoes, a website famous for collecting reviews of movies and shows, is looking to be known for something else: its own content.
Jessica Alba’s Honest Co. loses post-IPO gain in stock slide
Honest Co.’s stock slump deepened as the consumer-goods company started by actress Jessica Alba fell below the price set in an initial public offering just last week.
Oprah-backed Apeel wants to help grocers peer into their produce
A startup that counts Oprah Winfrey among its backers is offering a new way to let grocers know when produce will be past peak as part of its attempt to stamp out food waste.
L Brands will spin off Victoria’s Secret from Bath & Body Works
L Brands Inc. will spin off its Victoria’s Secret chain to shareholders after a rebound in profit at the lingerie retailer persuaded the company to abandon the idea of selling the unit.
Wattpad to hire nearly 100 as South Korea's Naver completes US$600M acquisition
The majority of these new roles will be in Toronto and Halifax, in areas like engineering, marketing and content, Wattpad said.
Centerra reports US$167.4M Q1 profit, faces trouble in Kyrgyz Republic
Centerra Gold Inc. reported a first-quarter profit of US$167.4 million as it faces trouble in the Kyrgyz Republic that may affect its ownership of the Kumtor mine.
Over the span of more than two-and-a-half years working on live events and music projects at Canada’s largest bank, Amara Nwogu’s dream job turned into a burden she says she could no longer bear. She says she left her position within Royal Bank of Canada’s brand marketing team in April after a series of dealings with a senior manager and frustrating failed attempts to remedy the situation with the company’s human resources department. Her story is all too common.