Skip to content

National Business

Aimia sues largest shareholder over alleged breach of contracted truce

Aimia sues largest shareholder over alleged breach of contracted truce

Aimia Inc. has filed a lawsuit against its largest shareholder that accuses the dissident investor of violating a contracted truce, the latest move in a battle over control of the company's board of directors.

Equifax to pay up to US$700M in data breach settlement

Equifax will pay up to US$700 million to settle with U.S. federal and state governments over a 2017 data breach that exposed the private information of nearly 150 million people, including thousands in Canada. The settlement with the U.S.
Wholesale trade falls in May, breaking five-month streak of increases

Wholesale trade falls in May, breaking five-month streak of increases

OTTAWA — Statistics Canada says wholesale sales broke a five-month streak of increases in May, falling 1.8 per cent to $63.8 billion, driven mainly by decreases in the motor vehicle and motor vehicle parts and accessories subsector.
Calgary-based AltaGas selling U.S. solar, fuel cell power plants for $940M

Calgary-based AltaGas selling U.S. solar, fuel cell power plants for $940M

CALGARY — AltaGas Ltd. says it is selling its portfolio of U.S. distributed electricity assets held by subsidiaries WGL Energy Systems, Inc. and WGSW, Inc., to TerraForm Power, Inc., an affiliate of Brookfield Asset Management, for $940 million.
'The Lion King' rules and 'Endgame' scores all-time record

'The Lion King' rules and 'Endgame' scores all-time record

LOS ANGELES — If there was any doubt that the 2019 box office belonged to the Walt Disney Co., this weekend put an end to it.