Tupperware shares tank as company warns it may go out of business
Shares in Tupperware have tumbled to their lowest level on record as the iconic food storage company warned investors that it is in danger of going out of business.
The company’s stock price fell by 50 per cent on Monday after the company said in a press release over the holiday weekend that it has hired financial advisors to explore options for the company and to “remediate its doubts regarding its ability to continue as a going concern .”
Shares in Tupperware had been on a downslope for years, as the company’s 77-year-old main business model of selling direct-to-consumers via…
Dominion suit against Fox News spotlights Maria Bartiromo
How do you solve a problem like Maria Bartiromo?
Fox News executives may be asking themselves that question as she emerges as a central figure in Dominion Voting Systems’ $1.6-billion defamation suit against the conservative news network.
In released court documents and deposition testimony connected to the case, Bartiromo is cited throughout for allowing former President Trump’s false claims about 2020 election fraud to air on the network in an effort to stop angry viewers from abandoning the network.
Falsehoods such as the claim that the Denver-based voting machine maker was founded in Venezuela to aid Hugo Chávez and that…
WestJet closes deal to buy Sunwing Vacations and Sunwing Airlines – Business News
WestJet closes Sunwing deal
The Canadian Press – May 1, 2023 / 9:15 am | Stories: 424375
Photo: The Canadian Press
The WestJet Group says it has closed its acquisition of Sunwing Vacations and Sunwing Airlines that was first announced in March last year.
The company says that, initially, the airlines will continue independent operations.
However, WestJet says the two airlines will move from being competitors to collaborators.
Stephen Hunter, formerly the CEO of Sunwing Vacations, has been appointed CEO of the WestJet Group’s vacations business. Hunter will be responsible for all tour operating and vacation package businesses at both…
Toronto homeowners’ cost of living costs almost 60%
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Canada’s biggest city isn’t just expensive for homeowners. Renters’ costs have suffered 22%
Published May 01, 2023 • Last updated 18 hours ago • 4 minute read
Costs for Toronto homeowners have skyrocketed 58 per cent since last year. Photo by Ernest Doroszuk/Toronto Sun/Postmedia
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President Biden jokes to dinner guests if you’re disoriented or confused, you’re either ‘drunk or Marjorie Taylor Greene’
President Joe Biden laughs as he speaks during the White House Correspondents’ Association dinner at the Washington Hilton in Washington, Saturday, April 29, 2023.Carolyn Kaster/AP Photo
Biden mocked Rep. Marjorie Taylor Greene during his White House Correspondents’ Dinner speech.
He said that if the guests felt confused, they would either “drunk or Marjorie Taylor Greene.”
Biden also poked fun at his political rivals and himself at the annual event.
President Joe Biden made a jibe at Rep. Marjorie Taylor Greene during his speech at the White House Correspondents’ Dinner on Saturday night, suggesting the congresswoman was “confused.”
“I want everyone…
Top 25 Quick Tools for Business Success
Top 25 Quick Tools for Business Success
In today’s fast-paced business world, efficiency isn’t just a buzzword; it’s the cornerstone of survival and growth. Entrepreneurs, small business owners, and large corporations alike are constantly seeking an edge – a way to streamline operations, boost productivity, and outmaneuver the competition. The secret weapon for many? A strategic arsenal of quick, impactful tools. These aren’t just software; they’re catalysts for change, designed to save you time, reduce costs, and accelerate your path to success without a steep learning curve.
Navigating the sea of available applications can be daunting. That’s why we’ve meticulously…
Top 25 Quick Tools for Business Success: Fuel Your Growth & Efficiency
Top 25 Quick Tools for Business Success: Fuel Your Growth & Efficiency
In today’s fast-paced business world, the difference between stagnation and soaring success often lies in leveraging the right resources. For entrepreneurs, small business owners, and growing enterprises, the ability to act swiftly, streamline operations, and make informed decisions is paramount. That’s where “quick tools” come in – digital solutions designed for rapid implementation, ease of use, and immediate impact on productivity, marketing, sales, and overall business success.
You don’t need a hefty budget or a dedicated IT team to harness the power of technology. Many of the most…
SpaceX giant rocket explodes minutes after launch from Texas – Business News
Photo: The Canadian Press
SpaceX’s Starship breaks up after its launch from Starbase in Boca Chica, Texas, Thursday, April 20, 2023. SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight and crashed into the Gulf of Mexico. (AP Photo/Eric Gay)
SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.
Elon Musk’s company was aiming to send the biggest and most powerful rocket ever built on a round-the-world trip from the southern tip of Texas, near the Mexican border. The nearly 400-foot (120-meter)…
