Random Image Display on Page Reload

Business World

Chain restaurants are out. Restaurant groups are in

A peek behind the curtain at how big players in the restaurant industry, who own multiple, seemingly independent restaurants, leverage better buying power as a way to survive post-COVID. A peek behind the curtain at how big players survive post-COVID Play Listen to this article Estimated 7 minutes The audio …

Read More »

Italian fashion group Prada buys rival Versace

The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion US ($1.93 billion Cdn) cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada's "ugly chic" aesthetic and Miu Miu's youth-driven appeal. Purchase will bring 'maximalist' Versace …

Read More »

Algoma Steel issues layoff notices to 1,000 workers

Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont. Algoma Steel received $500 million in government loans to protect it from U.S. tariffs Play Listen to this article Estimated 3 minutes The audio version of this article is generated by …

Read More »