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Starbucks Is Said to Consider Selling Stake in Chinese Business. Starbucks Corp. is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to people with knowledge of the matter.
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Comcast planed TV spin off will boost faster-growing core business: BNP Paribas. Comcast’s plans to spin off its cable TV networks like MSNBC and CNBC into a separate publicly traded company, is an opportunity for it to focus on its main profit drivers, says one analyst.
Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.
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Everything you need to know about the money, movers and business of sports. Get expert analysis and industry trends on Canadian and global athletic teams and leagues.
OTTAWA — The chair of Canada Post’s board says the organization’s financial situation is unsustainable. “The board and senior management recognize that Canada Post is at a critical juncture,” said André Hudon at its annual general meeting on Wednesday.
TORONTO — Five things to watch for in the Canadian business world in the coming week: Montreal port. The union representing longshore workers at the Port of Montreal are set to go on strike at two terminals on Monday. The union is threatening a work stoppage that would start at 7 a.m. Monday and last until Thursday morning. Air Canada pilots