Hudson’s Bay gets another extension protecting it from creditors

Posthaste: Is the Bank of Canada at risk of letting inflation get the upper hand again?
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Sobeys parent Empire reports loss after e-commerce cuts in Western Canada

Empire Co. Ltd. had a net loss of $385 million in the third quarter as Sobeys’ parent company shut down its e-commerce banner Voilà in Western Canada. The loss of…

Posthaste: Here’s one reason why the Bank of Canada could be forced to hike interest rates this year

There’s now a case to be made for an interest rate hike this year, says one economist, as the Bank…

MDA Space’s U.S. stock market debut could be used as ‘currency’ for future acquisitions, CEO says

Taking on a United States stock ticker will make Canada’s largest space technology company more accessible to American investors and…

Bank of Canada more likely to cut than hike after ‘brutal’ jobs report, say economists

Canada’s “brutal” jobs report for February has most economists betting interest rates aren’t going anywhere this year, but a cut…

Highlights

United Airlines says it will boot passengers who refuse to use headphones on planes

Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening…

DOJ takes Live Nation-Ticketmaster to court for antitrust trial
L.A. County sues Roblox, alleges platform makes it easy for adults to target children
Warner Bros. Discovery reopens talks with Paramount

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Hudson’s Bay gets another extension protecting it from creditors

An Ontario court on Thursday approved a three-month extension protecting Hudson’s Bay Co. ULC from its creditors. Judge Jessica Kimmel pushed the end of the…

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