Days after Red Lobster filed for Chapter 11 bankruptcy and announced that it would close dozens of its seafood restaurants, the chain’s Canadian counterpart will ask a Canadian court to enforce the U.S. bankruptcy in Canada, CBC News has learned. An application will be brought before the Ontario Superior Court of Justice on May 28 … Read more
In a new report, a think-tank within Employment and Social Development Canada cites 35 “plausible” global disruptions that could reshape Canada and the world in the near future. The Policy Horizons Canada (PHC) panel drafted the list and then asked more than 500 stakeholders within and outside government to suggest which ones were more likely, when they might happen and how … Read more
The cave-in occurred at around 2am in Dabu County of Guangdong’s northern Meizhou City. Nearly 18 metres (59 feet) of the mountainous highway crumbled into the forested slope below, trapping 20 vehicles and 54 passengers in all, the local government said, issuing revised casualty figures. It had earlier said 18 vehicles and about 50 passengers … Read more
Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted on seven charges in November related to fraud and conspiracy. A jury found that Bankman-Fried … Read more
Six rebel Congress MLAs of the Himachal Pradesh Assembly, who were disqualified from Congress after defying the party during Rajya Sabha polls joined BJP in Delhi on March 23. The MLAs are Sudhir Sharma, Ravi Thakur, Rajinder Rana, Inder Dutt Lakhanpal, Chetanya Sharma, and Devinder Kumar Bhutto. While speaking to the media after joining the … Read more
