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Opinion: Canadian Tire's rise in overdue accounts could be a big red flag

Opinion: Canadian Tire’s rise in overdue accounts could be a big red flag

Canadian Tire’s namesake retail business has accounted for just 40 percent of profits so far this year.Christopher Katsarov / The Globe and Mail When Canadian Tire Corp. Ltd. CTC-AT said its second-quarter profits fell as it sets aside more money for possible bad debt in the future, the iconic retailer said it’s good news: Its …

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A big hit for the Canadian technology sector, because a wave of layoffs is looming, industrial players say

A big hit for the Canadian technology sector, because a wave of layoffs is looming, industrial players say

Goodfood employees in January 2022. The Montreal-based food delivery company fired 2.8 percent of more than 2,500 jobs.Fred Lum / Globe and Mail A wave of layoffs and a recruitment freeze in the US technology sector has hit Canada hard, industry observers say. They warn that although there has already been a reduction in the …

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Sheryl Sandberg, head of Facebook’s parent company Meta, resigns

Sheryl Sandberg is leaving the position of operations director of the parent company Meta on Facebook, the company confirmed on Wednesday. In a post on Facebook, Sandberg did not disclose the reason for her departure from the company in the fall. Sandberg said she plans to focus on her philanthropic work in the future. He …

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Las Vegas Chapel Company: No more Elvis-themed weddings

LAS VEGAS (AP) – Las Vegas Chapels of Love, which use the image of Elvis Presley, could become heart-breaking hotels. The licensing company, which controls the name and image of “The King,” is ordering Sin City chapel operators to stop using Elvis in themed ceremonies, the Las Vegas Review-Journal reported on Monday. At the beginning …

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