Tesla Shareholders Want a Stock Buyback After Years of Gains Are Wiped Out

Tesla Shareholders Want a Stock Buyback After Years of Gains Are Wiped Out

Photo: You’re here You’re here investors wants Elon Musk to do something about the company’s quickly dipping stock pricesPresident Joe Biden is “directly” involved with negotiations to avoid a railroad strikeand Nissan is looking to ease customers and dealers into the Future EV. All that and more in The Morning Shift for Wednesday, November 23, … Read more

Dentalcorp considers deals to sell itself a year after IPO

Dentalcorp considers deals to sell itself a year after IPO

Dentalcorp Holdings Ltd. DNTL-T, Canada’s largest consolidator of dental clinics, is considering selling itself just a year and a half after setting a record for an initial public offering of a health care company. Dentalcorp announced Monday its board had launched a strategic review to assess its options to “unlock shareholder value.” The company raised … Read more

SCOTUS Take on Jack Daniel’s Dispute Against Parody Dog Toy

SCOTUS Take on Jack Daniel’s Dispute Against Parody Dog Toy

Photo: Stephen Lovekin (Getty Images) Whiskey conglomerate Jack Daniel’s Property, Inc has filed a dispute against the dog toy maker VIP Products LLC for making a toy parody of its signature whiskey bottle. The company has even successfully pushed the US Supreme Court to hear their dispute, which they agreed to on Monday. SCOTUSblog shared … Read more

Fired SpaceX Employees Listed Elon Musk’s 25 Worst Tweets

Fired SpaceX Employees Listed Elon Musk’s 25 Worst Tweets

SpaceX employees say they illegally fired after organizing an open letter about Elon Musk’s behavior.Photo: Hannibal Hanschke-Pool (Getty Images) SpaceX CEO Elon Musk’s tweets are once again being used in as evidence in a case filed with federal regulators. This time, the parties quoting his tweets are former SpaceX employees, who are claiming that the … Read more

Quebecor did not want Shaw Mobile’s ‘heavily subsidized’ customers in deal to acquire Freedom Mobile

Quebecor did not want Shaw Mobile’s ‘heavily subsidized’ customers in deal to acquire Freedom Mobile

Quebecor Inc. QBR-BT did not want Shaw Mobile’s customers included as part of its $2.85-billion deal to acquire Shaw Communications Inc.’s SJR-BT wireless assets because they did not fit the company’s business model, an executive for Quebecor’s Videotron Ltd . subsidiary told the Competition Tribunal. Earlier this year, Rogers Communications Inc. RCI-BT and Shaw agreed … Read more

The next bull market in stocks is unlikely to resemble the previous one

The next bull market in stocks is unlikely to resemble the previous one

Will the next bull market in stocks resemble the previous one? Don’t count on it. As major North American benchmark indexes rise from recent lows in October – punctuated by Thursday’s strong rally based on data that showed easing US inflation in October – it is only natural to ponder whether the worst of this … Read more

Canadian staff among 11,000 laid off worldwide by Facebook owner Meta

Canadian staff among 11,000 laid off worldwide by Facebook owner Meta

Facebook owner Meta Platforms Inc. META-Q began laying off 11,000 people worldwide Wednesday, including in Canada, becoming the latest tech giant to dramatically slash costs after years of rapid growth in the sector. Meta has found itself in a triple bind this year. It is grappling with a sector-wide slowdown, a rocky rebranding to focus … Read more

Tesla Is Recalling 40,000 Cars In Its 17th Recall of the Year

Tesla Is Recalling 40,000 Cars In Its 17th Recall of the Year

Photo: Vitaliy Karimov (Shutterstock) Just two days before Elon Musk took over Twitter, his company Tesla voluntarily made its 17th recall of the yearreaching 3.4 million vehicles recalled according to a report from Yahoo News, beating their previous record of 11 recalls from 2021. The new recall of over 40,000 cars in the US over … Read more

Competition Bureau wants full block of Rogers-Shaw deal

Competition Bureau wants full block of Rogers-Shaw deal

The Competition Bureau is attempting to block the merger of Canada’s two largest cable companies, arguing that the deal would reduce competition and result in higher cellphone bills, poorer service and less choice for consumers.DADO RUVIC/Reuters The Competition Bureau says it will only accept a full block of Rogers Communications Inc.’s RCI-BT acquisition of Shaw … Read more

The Porsche 718 heads into 2023 in Style

The Porsche 718 heads into 2023 in Style

Atlanta, Nov. 01, 2022 (GLOBE NEWSWIRE) — Porsche today announced two new variants within the mid-engine 718 model lineup: the new Porsche 718 Boxster Style Edition and 718 Cayman Style Edition. These new models will be initially offered in Europe in early 2023 with global availability to follow. Underlining Porsche’s commitment to ever more creative … Read more