Corporate governance - Vigil

Cable operator Altice USA Inc said on Wednesday it offered to buy Cogeco Inc in a $10.3 billion all-cash deal, aiming to snap up the U.S. assets of the Canadian cable company.

Demand for summer products as well as continued strength in purchases of cleaning supplies helped to push sales up at discount retailer Dollarama Inc.

The head of Germany’s financial watchdog has rejected calls to resign over the scandal at Wirecard, while saying that with hindsight he should have called for prosecutors to open an investigation sooner.

Some initiatives were put on pause, but as long as stakeholders view ESG as encompassing any and all risks to long-term sustainable value, it's not going anywhere.

Scotiabank says former Bank of Canada deputy governor Lynn Patterson has been appointed to its board of directors.

The European Commission, which oversees competition policy in the 27-member European Union, suspended its investigation in June as it waited for the companies to provide certain data.

The Ontario government does not guarantee the health or safety of residents in long-term care homes, it says in a legal document, denying responsibility for sickness and death in a proposed class-action suit filed on behalf of residents who contracted COVID-19, and their families.

Telecom giant Rogers Communications Inc. initially projected its nascent 5G network would expand beyond Toronto, Ottawa, Montreal and Vancouver to cover an additional 20-plus markets by the end of 2020, but on Tuesday it said it now projects the network will cover more than 60 cities and towns by year-end.

Frontier Communications Corp. named John Stratton as its executive chairman, tapping a longtime telecom operator to lead the internet provider out of bankruptcy.

Tesla Inc. said it planned to raise up to $5 billion in stock offerings from time to time.

Nestlé’s health arm has agreed to buy the biopharmaceutical company Aimmune Therapeutics in a $2.6bn deal that will see the consumer goods group push further into food allergy prevention.

Texas investor Wilks Brothers LLC announced Tuesday evening it plans to launch a hostile takeover bid for Calfrac Well Services Ltd., ratcheting up the battle over one of Canada’s best-known oilfield service companies.

American cable company Altice USA Inc. has made an offer to acquire Cogeco Inc. and Cogeco Communications Inc. in a $10.3-billion deal that would see Cogeco’s long-time shareholder Rogers Communications Inc. snap up the telecom company’s Canadian assets.

Over the past decade, business leaders have had to face an uncomfortable truth: It’s become impossible to sit at the head of a company and not address the threat of cyber risk. Cyber attacks are increasingly pervasive and can present near existential threats to companies, and boards of directors and CEOs need ways to evaluate them, even if they can’t grasp the technical details.

The national statistics agency is readying a new online tool to help Canadians track the impact of price changes on their spending during the pandemic.

Payment processing company Nuvei Corp. has filed to go public on the Toronto Stock Exchange, capitalizing on a surge in investor interest in digital technology stocks as the pandemic has forced more commerce online.

BlackBerry Ltd. and Fairfax Financial Holdings Ltd. have once again restructured a debt refinancing deal to avoid a shareholder vote after the Toronto Stock Exchange withdrew its approval of the transaction.

For a region long plagued by inequality and health care underfunding, the pandemic could become a humanitarian disaster if more is not done now, UN agencies warn

Siemens has revealed more details of the spin-off its energy business later this month, as it aims to create a firm which CEO Joe Kaeser has previously described as encompassing “the entire scope of the energy market like no other company.”

Factories in Asia and Europe are slowly recovering from the sharp falls in output that accompanied lockdowns designed to contain the novel coronavirus, but continue to cut jobs in the face of an uncertain outlook.

Walmart Inc. is trying again to build a membership program that can rival Amazon Prime, the Amazon.com Inc. service with more than 150 million members.

I am asking a simple economics question; does the typical CEO of a major company add $20 million of value to the company that employs them or could they hire someone at, say one-tenth of this price ($2 million a year) who would do just as much for the company’s bottom line?

Chat Rooms are the key missing ingredient at virtual shareholder meetings. Virtual-only shareholder meetings increased dramatically (from 286 in 2019 to 2,200 so far in 2020) due to the Covid-19 pandemic. Chat rooms before and after meetings would allow shareholders to interact informally with each other and with corporate representatives, as they do at in-person meetings.