National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the U.S. and Canada. Bettman said 25% of the league’s revenue comes from its Canadian clubs. Though he said the Canadian teams perform well, Bettman added that there could be ramifications for the league depending on…
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The Co-op has admitted to more than 100 breaches of a rule that prevents supermarkets blocking rivals from opening competing shops nearby. The UK competition watchdog said the substantial number of breaches by the mutual, which has nearly 2,400 stores, represented “a significant failure of compliance for a business of Co-op’s size”. The Co-op, which…
The top 16 tech companies are collectively making $26.7bn in revenue each year from Australians, a Parliamentary Budget Office analysis has found, as the Greens call for a 3% tax on the biggest players that would bring in more than $11bn. The analysis, conducted on behalf of the Greens, found in 2022-23 Google made $8.7bn…
Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty Images Novo Nordisk on Wednesday said it will offer its weight loss drug Wegovy for less than half of its usual price per month through a new direct-to-consumer online pharmacy. The cash-pay offering is available to millions of patients…
Mass layoffs are being planned for two more vital federal US government agencies as the IRS and Veteran Affairs have emerged as the latest targets of the Trump administration’s unprecedented purge through billionaire Elon Musk’s “department of government efficiency” (Doge), new reports suggest. The IRS is drafting plans to slash its 90,000-strong workforce by up…
A person exits a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty Images Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday. Companies added just 77,000 new workers…
Kenvue settled its proxy fight with activist Starboard Value, adding three new directors to its board. Starboard’s Jeff Smith will join the board of the Johnson & Johnson spinoff, along with Sarah Hofstetter, president of Profitero, an eCommerce performance analytics platform, and Erica Mann, former head of pharmaceutical company Bayer’s consumer health division. “Sarah’s brand…
Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images A sharp drop in mortgage interest rates finally lit a fire under loan demand. Both current homeowners and potential homebuyers…
USA’s delegation sail in a boat along the river Seine during the opening ceremony of the Paris 2024 Olympic Games in Paris on July 26, 2024. Zhao Dingzhe | Afp | Getty Images The United States Olympic and Paralympic Committee on Wednesday announced a $100 million grant to provide long-term financial support for future Olympic…
