Category: Blog

Ebay rejects $56 billion US bid by GameStop, calling it ‘neither credible nor attractive’

a phone screen shows the ebay logo on a screen in the background, and on an iphone screen in the foreground

GameStop CEO Ryan Cohen has argued that by combining GameStop and eBay, he could cut costs and find synergies to create a much bigger enterprise. But analysts and investors had wondered whether the offer by GameStop, which is much smaller than the company its trying to buy, stood a chance.

‘It has been devastating,’ U.S. spirits group says about Canadian alcohol boycotts

A sign that says "Buy Canadian instead" is shown at a Canadian alcohol retailer.

Between some provinces not selling American alcohol — part of the response to the trade war started by the U.S. — and consumers choosing not to buy it, the actions have been “devastating,” says the CEO of the Distilled Spirits Council of the United States.

Why Trump’s plan to drop gas tax may leave U.S. drivers feeling empty

Close-up photo of Donald Trump

U.S. President Donald Trump is finally acknowledging the financial pain that Americans are feeling with the soaring cost of gas, but his plan to pause the federal fuel tax may not have the kind of impact either he or drivers hope for.

Plan unveiled for ‘sovereign AI data centre’ cluster in Kamloops, Vancouver

A man in a suit speaks at a lectern with a Canadian flag in the foreground.

Vancouver and Kamloops will be home to a new data centre cluster under a planned partnership announced by the federal government and Telus.

Farmers confront rising cost of fertilizer and fuel as spring seeding underway

A seeder is shown on a field in Southern Alberta.

Spring seeding is underway and as farmers spend long hours in the tractor planting their crops, they’re facing hefty increases to the cost of fuel and diesel. They’re already concerned about the 2027 crop year year too, since many will be making those large fuel and fertilizer purchases in the months ahead.

Has Toronto’s condo market hit its bottom?

a drone shot of toronto's skyline shows condos in the foreground and the CN Tower looming against a bright blue sky in the background to the left

Condo sales picked up in April, as lower prices and borrowing costs helped buyers jump into the market. After years of sky-high prices and sluggish sales, one of the country’s most expensive housing markets is seeing something of a condo rebound.

Nintendo hiking price for Switch 2 consoles

A pile of red boxes that say Nintendo Switch 2

The Japanese video-game company behind the Super Mario and Pokemon franchises announced it’s raising prices on the Nintendo Switch 2, citing challenging business conditions.

Canada’s economy dropped 18,000 jobs in April as unemployment rose to 6-month high

young people hold resumes in a long queue in a convention centre

April’s loss means Canada has shed jobs in three of the fourth months so far this year, making for 112,000 jobs lost since January. The Statistics Canada data released on Friday indicates a continued weakness in the labour market, which has struggled in the ​face of U.S tariffs and trade uncertainty.

Live Nation, Ticketmaster vow to fight breakup after monopoly verdict

A man with white hair being interviewed looks just off camera.

Live Nation sat down with the CBC’s Dave Seglins in the company’s first feature interview since a U.S. federal jury verdict found the entertainment giant abused its monopoly and overcharged fans.

Bell fires employees it claims falsified attendance records, but some deny it

a woman with a green shirt and black blazer walks past signs for a Bell store on a downtown street

In an internal note obtained by CBC News, Bell said it investigated and terminated an undisclosed number of employees for “misrepresenting their presence in the workplace.” But several fired employees, and the lawyer representing them, say they believe the employees were actually fired for economic reasons, rather than misconduct.