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CPPIB investing $200 million for stake in specialty food company Premium Brands

CPPIB investing $200 million for stake in specialty food company Premium Brands

VANCOUVER — The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp.
Huawei apt to be stripped of Google services after US ban

Huawei apt to be stripped of Google services after US ban

Huawei could quickly lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse.
Ford is cutting 7,000 white-collar jobs

Ford is cutting 7,000 white-collar jobs

DETROIT — Ford is cutting about 7,000 white-collar jobs, which would make up 10 per cent of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August.
'John Wick 3' dethrones 'Avengers: Endgame' with $57 million

'John Wick 3' dethrones 'Avengers: Endgame' with $57 million

LOS ANGELES — The box office has a new king and his name is John Wick. The third installment of the hyper violent Keanu Reeves franchise has taken the top spot at the North American box office and ended the three-week reign of "Avengers: Endgame.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: CIBC earnings CIBC will releases its results for the quarter ended April 30 on Wednesday.
Defunct steelmaker's 21-story headquarters imploded

Defunct steelmaker's 21-story headquarters imploded

BETHLEHEM, Pa. — Sixteen thousand tons of Bethlehem Steel collapsed in a matter of seconds Sunday as a demolition crew imploded Martin Tower, the defunct steelmaker's former world headquarters.
In clash with Congress, weak legal case may still help Trump

In clash with Congress, weak legal case may still help Trump

WASHINGTON — For all of President Donald Trump's talk of winning, his lawyers are using a legal argument that many scholars say is a pretty sure loser as his team tries to defy congressional attempts to investigate him.
US: Iran military could misidentify airliners amid tension

US: Iran military could misidentify airliners amid tension

DUBAI, United Arab Emirates — Commercial airliners flying over the Persian Gulf risk being targeted by "miscalculation or misidentification" from the Iranian military amid heightened tensions between the Islamic Republic and the U.S.

Walmart releases plans for new Bentonville headquarters

BENTONVILLE, Ark. — Walmart has released additional plans for its new 350-acre (142-hectare) northwest Arkansas campus that will include four quadrants connected by bike and walking paths, an on-campus childcare facility and a fitness centre .
Report highlights utility failures in biggest US gas leak

Report highlights utility failures in biggest US gas leak

LOS ANGELES — A blowout at a Los Angeles natural gas well in 2015 that led to the largest-known release of methane in U.S.