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7-Eleven parent names new CEO and plans IPO in US as it fights a takeover bid by Circle K's owner

7-Eleven parent names new CEO and plans IPO in US as it fights a takeover bid by Circle K's owner

Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival.
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Trade surplus surged in January as U.S. threatened tariffs

Trade surplus surged in January as U.S. threatened tariffs

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.
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Mortgage rates have declined but could stay at a level that makes it tough to afford a home

Mortgage rates have declined but could stay at a level that makes it tough to afford a home

LOS ANGELES (AP) — The average rate on a 30-year mortgage in the U.S. eased for the seventh straight week, a trend that gives prospective homebuyers more financial flexibility just as the spring homebuying season gets going. The rate fell to 6.
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European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

FRANKFURT, Germany (AP) — The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face
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Why buying Canadian is more helpful than investing Canadian

Why buying Canadian is more helpful than investing Canadian

TORONTO — A stirring of unfamiliar patriotism in response to U.S. hostility is leading many Canadians to spend money closer to home, but on the question of investing more domestically, experts say there’s less reason to shift habits.
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The number of Americans filing for jobless benefits falls as labor market remains sturdy

The number of Americans filing for jobless benefits falls as labor market remains sturdy

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.
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Lightspeed Commerce names veteran executive Manon Brouillette as executive chair

Lightspeed Commerce names veteran executive Manon Brouillette as executive chair

MONTREAL — Lightspeed Commerce Inc. has named veteran executive Manon Brouillette as its new executive chair of its board of directors, effective April 1.
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Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.
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Saskatchewan to stop buying U.S. alcohol during trade war: Premier Moe

Saskatchewan to stop buying U.S. alcohol during trade war: Premier Moe

REGINA — Saskatchewan Premier Scott Moe said Wednesday the province will stop purchasing American booze and work to stop buying other U.S. goods. His comments come one day after U.S.
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Alberta premier cuts off future alcohol from U.S. in tariff row, but no change to oil

Alberta premier cuts off future alcohol from U.S. in tariff row, but no change to oil

EDMONTON — Alberta Premier Danielle Smith announced restrictions Wednesday on booze, gambling machines and government purchasing to fight back against sweeping U.S. tariffs. She said there won’t be any change to oil and gas shipped south.
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