Tag: small business news

Food storage brand Tupperware warns it could go out of business

Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shops.

In a release dated April 7, the Orlando, Florida-based company announced it was seeking to improve its capital structure in order to “remediate its doubts regarding its ability to continue as a going concern.”

That same day, Tupperware issued a going-concern notice after warning it could be heading for a default if its lenders demand payment to maintain access to the company’s main line of credit.

“If such demand for repayment was to occur, the

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My Loved One Passed Away – What Do I Need To Do?

Losing a loved one is incredibly hard. We help our clients with the administrative and legal aspects following the death of a loved one.

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 ).

When a loved one dies, there are many things to do and many are time sensitive.

First, there are many practical items to consider. These may include:

  • Finding care for any pets;
  • Determining if there are funeral instructions, arrangements, or prepayments;
  • Notifying family and friends;
  • Preparing
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The Bank of Canada is ready to step in if the global financial crisis causes ‘spillovers’ to banks here

The Bank of Canada is ready to defend Canadian banks from a global financial meltdown if the current banking crisis in the US and Europe spills into Canada, but the central bank does not think they will have to step in.

Speaking on Wednesday at the National Bank Financial Services Conference, Bank of Canada deputy governor Toni Gravelle declared that the bank was “ready to act in the event of severe market-wide stress and provide liquidity support to the financial system.”

He specifically referred to the near-collapse of the British pension system last September following disruptive tax cuts by then

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Spring housing market could bring a reckoning for realtors in Canada

Realtors’ fate depends on whether buyers and sellers return in force and how that will affect prices

Published March 30, 2023 • Last updated 1 day ago • 5 minute read

Industry observers have suggested the usually busy spring market might be the turning point that lures buyers and sellers back into the game, but that is hardly assured
Industry observers have suggested the usually busy spring market might be the turning point that lures buyers and sellers back into the game, but that is hardly assured. Photo by Cole Burston/Bloomberg

At the height of the COVID-19 pandemic, when many of her peers were binge watching Netflix shows, Toronto’s Sewit Tamene decided she would finish getting her real estate license, a

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Rogers’ takeover of Shaw is approved, with conditions

The federal government has approved the multibillion-dollar merger of telecom companies Rogers and Shaw, but with conditions that Ottawa insists will make the deal good for consumers.

François-Philippe Champagne, minister of innovation, science and industry, said at a news conference Friday that the government has approved the transaction first proposed in 2021.

As part of the deal, the vast majority of Shaw’s wireless business, Freedom Mobile, will be sold to Quebec-based Videotron. While Freedom Mobile and its more than two million customers will move over to Videotron, Rogers will maintain a much smaller part of Shaw’s wireless business, known as

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There were a lot of new happenings in March for Center County businesses. Check it out

The Center County business scene heated up in March with changes to some well-known businesses and plans coming into focus for others.

Here’s a look at a busy month in business news:

on the move

  • Stuckey Mitsubishi relocated to the former CDT building at 3400 E. College Ave., State College. The dealership is now known as Stuckey Mitsubishi Super Centre.

  • Bees Knees Coffee will open Up Up and Away Cafe at the University Park Airport on April 10. As part of the move, the takeout window in Pleasant Gap will shut down.

  • Marin Eats and Flo Bros. Fire Smoked Pizza

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What to know about Manitowoc’s newest pedal bar. Plus, more business news in Streetwise.

MANITOWOC – Folks living on the lakeshore will have several options to get some exercise while sipping on their favorite beer or wine. Read on for more on that, and other area business news.

Tavern on Wheels pedals into town

The Manitowoc Tavern on Wheels.

The Manitowoc Tavern on Wheels.

The Manitowoc Tavern on Wheels is a new pedal-powered vehicle providing bike and beer tours. The bike bar can hold up to 14 rides and is open for May-October bookings.

There are three tour options: a downtown pedal to bars and restaurant locations, weekend tours to Manitowoc craft breweries; and on select Wednesdays, a Midweek

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Amazon to lay off 9,000 more workers after earlier cuts

Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff on Monday.

The cuts are on top of the previous layoffs that commenced last November and extended into January. That round affected more than 18,000 employees.

Amazon made the decision to lay off more employees as it looks to streamline costs and take into account the uncertain economy, as well as the “uncertainty that exists in the near future,” Jassy said. The company just wrapped up the second phase of its annual budgeting process, referred to internally as “OP2.”

“The overriding tenet of our

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