Business

Last spring, it seemed Tucker Carlson might have reached the end of his fiery path through American media and politics.Fox News canceled his top-rated show, depriving Mr. Carlson of his nightly platform in prime time. But it kept him under a contract, worth more than $15 million a year, that prohibited him from taking a job with a rival.Under the old rules of the legacy media, Mr. Carlson would have been off the air and out of sight through the end of the 2024 election, when his contract runs out. But Mr. Carlson is no typical television star. And what was once normal in his industry is increasingly archaic, shattered by the new rules — or lack thereof — of the fractured online media world.In landing an exclusive interview with President Vladimir V. Putin of Russia — released on Thursday o...

TORONTO - Indigo Books & Music Inc. says it earned $10 million in the latest quarter, down from $34.3 million a year earlier. The retailer says revenues for its third quarter ended Dec. 30 were $370.6 million, down from $422.7 million during the same quarter in 2022. Earnings per diluted share were 35 cents, down from $1.22. Indigo says disruptions throughout 2023, including a ransomware attack, negatively affected its results, particularly in e-commerce, which underperformed compared to retail.  The company says it also saw consumers show increasing price sensitivity amid economic headwinds, with increased penetration of promotions and discounts.  CEO Heather Reisman said in a press release that the results were "disappointing" and said th...

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) — Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that, further to its news release dated January 23, 2024, it has closed a non-brokered private placement (the “Offering“) for aggregate gross proceeds of C$3,883,821.90, from the sale of the following: 4,779,460 Federal flow-through units of the Company (each, an “FFT Unit”) at a price of C$0.32 per FFT Unit on a charity flow-through basis; 4,248,318 Saskatchewan flow-through units of the Company (each, a “SFT Unit”) at the price of C$0.36 per SFT Unit on a charity flow-through basis; and 3,750,001 units of the Company (each, a “Unit”, and together with the FFT Units and the SFT Units, the “Offered Securities”) at ...

Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Feb. 08, 2024 (GLOBE NEWSWIRE) — Westland Insurance (Westland), Canada’s fastest growing independently-owned brokerage, has partnered with SGI CANADA (SGI) to publish a comprehensive guide that aims to demystify the world of home insurance. “The ultimate guide to home insurance in Canada” provides homeowners with valuable insights and practical advice on navigating the world of home insurance in 2024. Covering a wide range of topics, the easy-to-understand guide breaks down complex concepts into user-friendly language, empowering homeowners to make informed decisions about protecting their most valuable asset. Key topics covered include: · The benefits of home insurance · The various types o...

Officials from four of the biggest tech companies in the world — Amazon, Google, Microsoft and Meta — largely offered polite criticism of the country’s proposed artificial intelligence law to Canadian parliamentarians for over an hour at a hearing Wednesday. Several agreed the Artificial Intelligence and Data Act (AIDA) legislation should be passed quickly, but with certain provisions more clearly defined, and allowing more rules to be set in regulations than in the law so it will be flexible. And then it was like a mask dropped. It came after Microsoft Canada’s Amanda Craig, the company’s senior director of public policy in the office of responsible AI, gave a lengthy explanation of things that could be improved. Then Rachel Curran, head of public policy for Meta Platforms in Canada, was ...

The Kansas City Chiefs enter Sunday’s Super Bowl having already won — when it comes to commercials.Over the past year, the star players Patrick Mahomes and Travis Kelce, along with Coach Andy Reid, have been inescapable to TV viewers. Flipping channels, you might find Mr. Kelce baring his arm for a Pfizer Covid-19 shot, Mr. Mahomes hollering in support of a State Farm promotion or Mr. Reid coveting some chicken “nuggies.”During this National Football League season, companies featured Mr. Mahomes in 19 ad spots, Mr. Kelce in 10 and Mr. Reid in four. The estimated amount spent to air the ads on television was $178 million for Mr. Mahomes, $120 million for Mr. Kelce and $69 million for Mr. Reid, according to iSpot.tv, an ad measurement company. Those are the highest numbers for any sports fig...

During last spring’s banking crisis, when a competing lender went under, New York Community Bank pounced, acquiring a big chunk of its business. Now, it is paying dearly for that decision.The pain stems largely from a weakening commercial real estate market that impelled NYCB — which operates more than 400 branches under brands including Flagstar Bank — to admit to mounting losses. In a piece of symmetry with last year’s crisis, the bank said its newfound size after the acquisition of Signature Bank, had accelerated its troubles by forcing it to keep more money on hand, crimping its profitability and prompting it to consider selling distressed assets sooner than it might have preferred.Over the past week, fears that such pressure could be too much for the bank to bear broke into the open, ...