Canadian Pacific Railway CEO Hunter Harrison says he's prepared to walk away from a takeover bid for Norfolk Southern if the U.S. railway's shareholders don't vote to urge its board to enter into negotiations.
Budweiser-maker AB InBev has received a binding offer of 2.55 billion euros ($2.85 billion) for the European beer brands Grolsch, Peroni and Meantime -- a sale that is meant to address regulatory concerns about its mega merger with SABMiller.
Amid hopes that Canadian manufacturing will drive economic growth in a country reeling from low oil prices, internal federal documents warn the sector's rebirth is staring at "significant" structural obstacles.
The CPP Investment Board says the fund it manages for the Canada Pension Plan delivered a 4.5 per cent rate of return in the final three months of 2015, as investments outside of the country offset a decline in domestic equities.
Burger King says it plans to put hot dogs on its U.S. menu for the first time starting Feb. 23. It may seem like a jarring addition for those who know the chain for its Whoppers. But Burger King says its ability to flame-grill meat makes hot dogs a natural fit on its menu.