Tag: business news today

Net benefits to Canada went unquestioned in big forestry buyouts – Business News

Earlier this year, Paper Excellence capped off an unprecedented series of multibillion-dollar buyouts to become the largest forestry company in Canada.

Members of Parliament investigating the company’s business ties and corporate structure learned Friday that Industry Canada did not conduct a net benefit analysis to see if the company’s recent US$3-billion purchase of Domtar and US$2.7-billion buyout of Resolute Forest Products were in the economic interests of Canadians.

NDP natural resource critic Charlie Angus said he was

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CPP Investments reports 1.3% return for latest fiscal year – Business News

CPP investments earn 1.3%

The Canadian Press – | Stories: 428311

The Canada Pension Plan Investment Board earned a net return of 1.3 per cent in its most recent fiscal year as inflation and rising interest rates weighed on both stock and fixed-income markets.

The board says the investment gains combined with net transfers from the Canada Pension Plan brought its net assets to $570 billion on March 31, up from $539 billion a year earlier.

CPP Investments says the increase included $8 billion in net income and $23 billion

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Charleston marina company buys Florida operation > Charleston Business Journal

Lighthouse Point is on the Intracoastal Waterway and close to the Hillsboro Inlet access point to the Atlantic Ocean. (Photo/Smith Aerial)Charleston-based PORT 32 Marinas has acquired Lighthouse Point Marina in Lighthouse Point, Fla. The purchase is part of PORT 32’s renewed focus on acquisitive growth along both the Atlantic Coast and the Gulf of Mexico, according to a news release from the company.

This is the second marina acquired by the company in the Fort Lauderdale area. Terms were not disclosed.

The purchase of Lighthouse Point represents the first marina acquisition by the new PORT 32 leadership team, which joined the company in late 2022. PORT 32 describes itself an owner, operator, developer and acquirer of a growing collection of

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What You Need to Know About Licensing and Credentialing

Many of our clients have had questions or issues regarding their license or credentialing. New physicians and physicians who have been practicing for years can all encounter issues with their medical licenses. We help our clients work to get the answers and results they need.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

Depending on the issues that you may be having, there are different approaches to take in dealing with the Bureau of Professional Licensing and the

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Angry Fox News chief said fact-checks of Trump’s election lies ‘bad for business’ | FoxNews

The top executive at Fox News was furious one of the network’s reporters was fact-checking Donald Trump’s false claims about the 2020 election, writing in a December 2020 email that it was “bad for business”.

Suzanne Scott, the chief executive of Fox News, was responding in early December 2020 to an on-air fact-check by Eric Shawn, one of the network’s anchors. “This has to stop now,” she wrote to Meade Cooper, another Fox executive. “This is bad business and there is clearly a lack of understanding [sic] what is happening in these shows. The audience is furious and we are

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Peloton is recalling almost 2.2 million exercise bikes because the seat post can break

Peloton is recalling 2.16 million exercise bikes in the US and Canada because of a risk that the seat post could break during use, causing injuries.

The US Consumer Product Safety Commission said on Thursday it had received 35 reports of the seat post breaking and detaching from the bike during use. There were 13 reports of injuries due to falling from the bike, including a wrist fracture, lacerations and bruises.

This recall involves Peloton bikes with model number PL01, sold from January 2018 to May 2023.

The product is being recalled in both Canada and the United States. The

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Whitmer meets with government, business leaders on a Europe trip

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending…

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending two days in Austria and Latvia meeting with both business and government leaders.

Whitmer, who spoke with The Associated Press upon returning to Michigan on Friday, said international trips are “an important part of the job,” as the state looks to grow relationships and “secure additional economic opportunities for our state.”

In Latvia, the second-term Democratic governor and close ally

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Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

For the three months ended April 1, Disney earned $1.27 billion or 69 cents per share. That compares with $470 million, or 26 cents per share, a year ago.

After adjusting for one-time items, Disney earns 93 cents per share, matching analysts’ expectations according to a poll by FactSet.

Revenue rose 13% to $21.82 billion. This also met Wall Street’s forecast of $21.8 billion.

Sales at its parks, experiences and products segment rose 17% in the quarter. Revenue for the segment that includes Disney’s movie business increased 3%.

In Disney’s fiscal first quarter, sales at its parks, experiences and products

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