Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Tupperware, based in Orlando, Fla., plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just before midnight on Tuesday. The company … Read more
When Joelle Fraser-McGaghey had to evacuate her home during the 2016 Fort McMurray wildfire, she only had a few minutes to pack before her family had to get out the door. Trying to pull outdoor furniture away from her house was not at the top of her list. “Honestly, I’m not thinking ‘Should I remove … Read more
Hamilton-based steelmaker Stelco Holdings Inc. is set to be acquired by U.S.-based Cleveland-Cliffs Inc. for $3.4 billion Cdn. Stelco said it has agreed to sell all issued and outstanding common shares for $70 per share to the Ohio-based steel producer. Stelco chief executive Alan Kestenbaum said he is confident Cleveland-Cliffs will remain a reliable supplier … Read more
After hopes that Bear 178 would walk off her injuries and survive the car crash that left the grizzly limping, the bear affectionately known as Nakoda has died in Yoho National Park, in southeastern B.C., Parks Canada officials confirm. On the evening of June 6, as wildlife management staff were repairing fencing along the Trans-Canada Highway, roughly 12 kilometres west … Read more
A company that owns nearly two dozen newspapers in Atlantic Canada has debts of almost $100 million and is filing for creditor protection. SaltWire Network made the application in the Supreme Court of Nova Scotia, according to court documents filed on Monday. The court documents said SaltWire has assets of almost $33 million and more than $94 … Read more
