CBC Business News

PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion US, expanding into the "healthier soda" category at a time when the company is battling falling demand for its traditional beverages and snacks.

A full liquidation plan at Canada's oldest company could begin as soon as Tuesday and last for up to 12 weeks, but Hudson's Bay is still holding out hope that it will find a lifeline.

Forever 21's U.S. operator on Sunday filed for bankruptcy for the second time in six years and said it would wind down operations in the country, hurt by mounting online competition in the fast-fashion sector and weak mall traffic.

Small businesses that import good from the U.S. may be impacted by Canada’s counter-tariffs. Even so, a survey done by an independent business lobby group found that many of its members support them.

The emphasis on climate action and transitioning to cleaner energy has waned in recent years as more emphasis is being placed on energy security and affordability. And that was before Donald Trump returned to the White House.

A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson's Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations it owns through a licensing agreement.

Hudson's Bay Company is nearly a billion dollars in debt, according to court filings that paint a dire portrait of the struggling Canadian department store chain's finances. 

A group of major energy users have signed a pledge to support tripling global nuclear power capacity by 2050. Nuclear power is seeing a resurgence in popularity thanks in part to significant growth in power demand due to AI.

When U.S. President Donald Trump points to Canadian tariffs on dairy, he's making an important omission.

For now, you can still shop at Hudson's Bay, both in stores and online. But a few things have changed, and the company's future is still up in the air. Here's what you need to know.

Premier David Eby says taxpayers would 'want to throw up' if they learned their money was going to Elon Musk.

Chapman’s, the country's only national, Canadian-owned ice cream brand, says consumers will not be paying higher prices for ice cream this season, even though the trade war with the U.S. will increase their operating costs. The company says it will need to move on from U.S. suppliers, some of whom they’ve had decades-long relationships with, and find new international contracts for various materials for their ice cream.

Walmart Canada will stop selling machetes in stores across the country, after Manitoba's government pressured the retailer to restrict online sales.

Sam Gao said he had already been concerned about U.S. President Donald Trump's threatened 25 per cent tariffs on Canadian goods. But he wasn’t expecting China would also slap 25 per cent tariffs on Canadian seafood.

AI data centres are sucking up tons of electricity, and natural gas is seen by some energy executives as a solution to help fill the demand. It's a hot topic at CERAWeek, a massive international energy conference in Houston that's sometimes described as the "Super Bowl" of energy.

It’s unclear whether the plans for the massive electric vehicle battery plant on Montreal's South Shore will go ahead. The Quebec government has invested $270 million into the project so far.

U.S. President Donald Trump might have paused tariffs on some Canadian goods until April 2, but Canada’s retaliatory tariffs are still in place. That means shoppers bringing certain products back over the border will have to pay an extra fee.

The company that made the hit mobile-phone game Pokemon Go is getting out of the mobile gaming business.

Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a large battery factory on Montreal's South Shore.

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.