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Nuvei shareholders approve US$6.3-billion private equity buyout

Nuvei shareholders approve US$6.3-billion private equity buyout

MONTREAL — Nuvei Corp. shareholders have voted overwhelmingly in favour of a plan that will see the company bought by an American private equity firm and taken private at a US$6.3-billion valuation. The company says 99.
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WestJet mechanics hit airline with 72-hour strike notice

WestJet mechanics hit airline with 72-hour strike notice

CALGARY — WestJet mechanics say they are poised to walk off the job early as Thursday night after serving the airline with a 72-hour strike notice yesterday.
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Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera

Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera

DETROIT (AP) — Stellantis is recalling nearly 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rearview cameras.
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Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

NEW YORK (AP) — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.
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Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says

Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says

Dollar Tree failed to effectively recall lead-tainted applesauce pouches linked to reports of illness in more than 500 children, leaving the products on some stores shelves for two months, the Food and Drug Administration said Tuesday.
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Amazon Labor Union members vote overwhelmingly in favor of an affiliation with the Teamsters

Amazon Labor Union members vote overwhelmingly in favor of an affiliation with the Teamsters

New York City warehouse workers who are part of the Amazon Labor Union overwhelmingly voted to align themselves with the Teamsters as they try to get a contract from the online retailer. The ALU members voted 98.
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Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc.
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Ballard signs partnership deal with Vertiv for backup power systems for data centres

Ballard signs partnership deal with Vertiv for backup power systems for data centres

VANCOUVER — Ballard Power Systems Inc. and Vertiv have signed a partnership deal focused on the use of hydrogen-powered fuel cell systems for backup power applications in data centres.
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Ecuador stops waiving visas for Chinese nationals because of an increase in irregular migration

Ecuador stops waiving visas for Chinese nationals because of an increase in irregular migration

QUITO, Ecuador (AP) — Ecuador on Tuesday announced the suspension of an agreement with China that had waived visas for Chinese citizens traveling to the South American country, citing a “worrying” increase in irregular migration.
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Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

OTTAWA — The federal banking regulator is keeping its domestic stability buffer on hold as it says financial system vulnerabilities remain elevated but stable, while near-term risks continue to be low despite some recent increase.
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