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Business News

Wikipedia inks AI deals with Microsoft, Meta and Perplexity as it marks 25th birthday

Wikipedia inks AI deals with Microsoft, Meta and Perplexity as it marks 25th birthday

United States Jan 15, 2026 / 6:32 am

Wikipedia unveiled new business deals with a slew of artificial intelligence companies on Thursday as it marked its 25th anniversary. The online crowdsourced...

Grok blocked from undressing images in places where it's illegal, X says

Grok blocked from undressing images in places where it's illegal, X says

United States Jan 15, 2026 / 4:36 am

Elon Musk’s AI chatbot Grok won’t be able to edit photos to portray real people in revealing clothing in places where that is illegal, according to...

Vancouver-based Lee's Donuts appoints new president, embarks on expansion

Vancouver-based Lee's Donuts appoints new president, embarks on expansion

Vancouver Jan 14, 2026 / 5:50 pm

One of Vancouver's most popular donut shops is getting a new president. Cameron Jarvis will be president at the 11-location Lee's Donuts chain, which...

National Bank opening office in Dubai to help Canadian businesses in the region

National Bank opening office in Dubai to help Canadian businesses in the region

Dubai Jan 14, 2026 / 11:11 am

National Bank of Canada says it's opening an office in Dubai in the United Arab Emirates. Étienne Dubuc, the bank's executive vice-president of...

Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt

Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt

Jan 14, 2026 / 11:09 am

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury...

Telecom complaints up 17 per cent as billing, contract issues rise: watchdog report

Telecom complaints up 17 per cent as billing, contract issues rise: watchdog report

Jan 14, 2026 / 10:58 am

Customer complaints about their phone, internet and television services rose 17 per cent in the 2024-25 reporting year, a report said Wednesday. An annual study...

Food companies are targeting users of weight-loss drugs with 'GLP-1 Friendly' labels

Food companies are targeting users of weight-loss drugs with 'GLP-1 Friendly' labels

United States Jan 14, 2026 / 6:54 am

Meals and snacks with “GLP-1 Friendly” labels on the packaging are becoming more common in U.S. supermarkets as a growing number of Americans try...

Corus Entertainment $11.1M first-quarter loss, revenue down 18 per cent

Corus Entertainment $11.1M first-quarter loss, revenue down 18 per cent

Canada Jan 14, 2026 / 6:15 am

Television and radio broadcaster Corus Entertainment Inc. reported a loss of $11.1 million in its latest quarter compared with a profit of $11.9 million in the...

Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry

Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry

Jan 13, 2026 / 9:52 am

Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. That...

TD report says two-thirds of Canadians surveyed plan to cut spending this year

TD report says two-thirds of Canadians surveyed plan to cut spending this year

Canada Jan 13, 2026 / 6:32 am

A new report by TD Bank says two-thirds of Canadians surveyed say they plan to cut back on spending this year. The report says the result is up from 51 per cent...

McDonald's Canada freezes price of small coffee, McValue meals for one year

McDonald's Canada freezes price of small coffee, McValue meals for one year

Canada Jan 13, 2026 / 5:48 am

When Annemarie Swijtink took the helm of McDonald's Canada in September, fast-food companies were facing a lot of heat. Reduced cattle herds had pushed up...

Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Jan 12, 2026 / 11:19 am

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors...

Competition Bureau to study financing landscape for small and medium businesses

Competition Bureau to study financing landscape for small and medium businesses

Jan 12, 2026 / 11:17 am

The Competition Bureau says it's going to study the state of competition in the financing sector for small- and medium-sized businesses. The regulator says...

Meta names former Trump adviser Dina Powell McCormick as president and vice chairman

Meta names former Trump adviser Dina Powell McCormick as president and vice chairman

Jan 12, 2026 / 11:15 am

Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president and vice chairman of the...

Apple calls on Google to help smarten up Siri and bring other AI features to the iPhone

Apple calls on Google to help smarten up Siri and bring other AI features to the iPhone

Jan 12, 2026 / 11:13 am

Apple will rely on Google to help finish its efforts to smarten up its virtual assistant Siri and bring other artificial intelligence features to the iPhone as...

Malaysia and Indonesia become the first countries to block Musk’s Grok over sexualized AI images

Malaysia and Indonesia become the first countries to block Musk’s Grok over sexualized AI images

Jan 12, 2026 / 11:03 am

Malaysia and Indonesia have become the first countries to block Grok, the artificial intelligence chatbot developed by Elon Musk's company xAI, as concerns...

Average asking rents in Canada fell year-over-year every month of 2025: report

Average asking rents in Canada fell year-over-year every month of 2025: report

Canada Jan 12, 2026 / 8:57 am

Asking rents in Canada fell 2.3 per cent year-over-year in December to an average of $2,060, marking a full calendar year of declines as prices reached their...

Mattel adds an autistic Barbie to doll line devoted to showcasing diversity and inclusion

Mattel adds an autistic Barbie to doll line devoted to showcasing diversity and inclusion

United States Jan 12, 2026 / 8:37 am

Mattel Inc. is introducing an autistic Barbie on Monday as the newest member of its line intended to celebrate diversity, joining a collection that already...

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Washington Jan 11, 2026 / 5:29 pm

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal...

Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot

Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot

United States Jan 11, 2026 / 3:50 pm

Google said Sunday that it is expanding the shopping features in its AI chatbot by teaming up with Walmart, Shopify, Wayfair and other big retailers to turn the...

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