Red Lobster will exit bankruptcy protection soon, following a judge’s approval of its sale to Fortress-led investors. The chain, which faced numerous closures and losses, will operate about 544 locations post-bankruptcy and has appointed a new CEO, Damola Adamolekun. The deal includes $60 million in new funding to support Red Lobster’s recovery. Click to know more- https://lnkd.in/d23EwtPK #urbananews #Canada #RedLobster #BankruptcyRecovery #BusinessNews #FortressInvestors #NewLeadership #DamolaAdamolekun #RestaurantIndustry #FinancialRecovery #Investments
URBANA NEWS
Internet News
Toronto, Ontario 97 followers
Welcome to URBANA NEWS - your digital gateway to the latest news, insights, and stories that matter.
About us
URBANA News: Comprehensive Canadian Online News Platform Welcome to URBANA News, where we bring a fresh perspective to news reporting. As a leading Canadian online news portal, we're committed to delivering a wide array of news stories, keeping you informed and engaged with the world around you. What We Offer: Fresh Stories & Breaking News: From the latest local happenings to major global events, our real-time updates ensure you never miss a beat. World News: Get insights into international affairs, political developments, and global trends. Entertainment: Stay updated on entertainment news, celebrity gossip, and cultural events. Business & Finance: Navigate market trends, financial insights, and business news. Fashion & Lifestyle: Dive into the latest in fashion, lifestyle, and wellness trends. Health: Keep abreast of health advancements, research, and wellness tips. Technology: Discover the latest in tech innovations and digital trends. Travel & Food: Explore travel guides, culinary news, and gastronomic delights from around the globe. Sports: Comprehensive coverage of sports news, events, and analysis. Our Commitment: At URBANA News, we prioritize accurate, unbiased reporting and in-depth analysis. Our team of seasoned journalists ensures that every story we deliver meets the highest standards of journalistic integrity. Connect with us here on LinkedIn and join a community that values quality news and informed perspectives. Whether it's breaking news, in-depth reports, or insightful analyses, URBANA News is your go-to source for reliable and engaging content.
- Website
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urbananews.ca
External link for URBANA NEWS
- Industry
- Internet News
- Company size
- 2-10 employees
- Headquarters
- Toronto, Ontario
- Type
- Partnership
Locations
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Primary
Toronto, Ontario , CA
Updates
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CPA Canada is offering a new $195 annual membership for accountants in Ontario and Quebec as the provinces prepare to split from the national organization. Despite the separation, CPA Canada remains committed to supporting CPAs nationwide, maintaining educational programs, and providing valuable benefits. Click to know more- https://lnkd.in/dUdT46JE #urbananews #Canada #CPACanada #Accounting #MembershipNews #ProfessionalDevelopment #FinanceProfessionals #Ontario #Quebec #Accountants #IndustryUpdates
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JPMorgan Chase has appointed Andrew Castaldo and Andrew Martin as co-heads of its mid-cap M&A unit, with Martin joining later in 2024. The firm also named Ben Wilson as head of North America EPRM M&A, signalling a strategic shift amidst a recovery in dealmaking and a surge in investment banking fees. Click to know more- https://lnkd.in/dYuJh_kH #urbananews #Canada #JPMorganChase #MandA #InvestmentBanking #CorporateFinance #BusinessLeadership #FinanceNews #DealMaking #InvestmentTrends #NorthAmericaBusiness
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Canada's labour productivity dropped by 0.2% in Q2 2024, following a 0.3% decrease in Q1. This decline, affecting many industries, raises concerns about falling living standards and highlights the need for improved investment in productivity-enhancing sectors. Click to know more.- https://lnkd.in/df4JqZXy #urbananews #Canada #LabourProductivity #EconomicTrends #BusinessNews #ProductivityDecline #InvestInGrowth #LivingStandards #CanadaEconomy #IndustryTrends
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Jessica Pegula overcame a slow start to defeat Karolina Muchova 1-6, 6-4, 6-2, earning her spot in the U.S. Open final. After being down a set and a break, Pegula turned the match around and will face Aryna Sabalenka, last year’s runner-up, in the final. Sabalenka won her semifinal against Emma Navarro in straight sets. Click to know more.- https://lnkd.in/dCqA-6ps #urbananews #Canada #USOpen #TennisFinal #JessicaPegula #ArynaSabalenka #SportsNews #GrandSlam #TennisUpdates #AthleteSpotlight
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Noah Vucsics, a 24-year-old Canadian long jumper with an intellectual disability, is set to compete in the Paralympic Games in Paris. From being a high school “jumping bean” to winning silver at the 2023 World Para Athletics Championships, Vucsics now aims to be the first Canadian to reach the podium in the T20 long jump. His inspiring journey is a testament to dedication and determination. Click to know more- https://lnkd.in/dnYENX5W #urbananews #Canada #Paralympics #NoahVucsics #LongJump #Inspiration #ParaAthletics #Paris2024 #T20LongJump #CanadianAthletes #OvercomingObstacles
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The Bank of Canada has lowered its interest rate to 4.25% to boost growth and control inflation. Governor Tiff Macklem hinted at possible adjustments to future rate cuts based on economic conditions. With inflation easing and unemployment rising, the central bank faces balancing risks. More rate cuts are expected in the coming months as the economy remains uncertain. Click to know more- https://lnkd.in/dcaG7huX #urbananews #Canada #BankOfCanada #InterestRates #InflationControl #EconomicGrowth #MonetaryPolicy #RateCuts #EconomicUncertainty
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A recent Moomoo Financial Canada Inc. survey reveals that Canadian investors are increasingly favoring U.S. tech stocks, driven by confidence in the potential of artificial intelligence. Although tech dominates, defensive sectors like utilities and materials are also popular, reflecting caution about the economy. Despite concerns about a possible recession, many investors remain optimistic about achieving their financial goals. Click to know more- https://lnkd.in/dHMsYrTq #urbananews #Canada #Investing #USTechStocks #ArtificialIntelligence #Utilities #Materials #EconomicCaution #FinancialGoals #InvestorConfidence
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The U.S. stock market continued its decline on Wednesday, driven by losses in tech, energy, and healthcare sectors. Job openings fell in July, raising concerns about the labor market, while investors anticipate potential Federal Reserve interest rate cuts. Dollar Tree and Hormel Foods both suffered significant stock drops. Economic reports due this week are expected to provide more insight into the market's future trajectory. Click to know more- https://lnkd.in/d4-tsHmx #urbananews #Canada #StockMarket #TechSector #EnergySector #HealthcareSector #FederalReserve #DollarTree #HormelFoods #EconomicReports #MarketTrends
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Tim Louis, a HandyDART co-founder, is standing with workers as their strike in Metro Vancouver demands fair wages and treatment. Negotiations with employer Transdev Canada are set to begin, but the outcome is uncertain. Union President Joe McCann hopes for a better offer after 83% of workers rejected the last contract proposal. Click to know more- https://lnkd.in/dsCuYGmN #urbananews #Canada #HandyDART #MetroVancouver #Strike #FairWages #LaborRights #Union #TransdevCanada #Negotiations
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