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Canadian markets news

Hacker steals data from up to 100000 Bell Canada customers in second breach in ...
Hackers have illegally accessed Bell Canada's customer information for the second time in eight months, prompting an RCMP investigation into the data breach at Canada's largest telecommunications company.
Bell Canada alerts customers who may be affected by latest data breach  TheChronicleHerald.ca
Bell Canada alerts customers after data breach  CBC.ca
The Globe and Mail  
Owner of Harvey's, Swiss Chalet buying steakhouse chain The Keg for $200M
The owner of some of the biggest restaurant chains in Canada is about to get a bit bigger after Cara Operations struck a deal to buy steakhouse chain Keg Restaurants Ltd.
Cara Operations To Buy The Keg Steakhouse Chain  HuffPost Canada
Cara Operations scoops up Keg Restaurants in $200-million deal  Toronto Star
Elon Musk to get no salary unless Tesla hits milestones
Silicon Valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc. and all his compensation as chief executive of the electric car maker will be tied to stock and operational milestones, the company said on Tuesday.
Huge pay package for Musk at Tesla, with ambitious goals  CTV News
Tesla unveils pay plan for Elon Musk: He could get nothing for 10 years  Los Angeles Times
Five solar firms that actually stand to gain from Trump's tariff
U.S. President Donald Trump just decided to slap tariffs on solar equipment imported into America for four years. There are plenty of losers from the decision: Chinese manufacturers, U.S.
'America First' tariffs on imports spark Asia outcry  BBC News
Wall Street, Not American Solar, Stands to Gain From Trump Tariffs  Bloomberg
Twitter COO Anthony Noto resigns to become chief executive of SoFi
Anthony Noto was hired as CFO of Twitter in 2014, and was made COO in 2016, leading the company's product vision. Twitter chief operating officer Anthony Noto will assume a new post as CEO of financial tech company Social Finance (SoFi) starting in ...
Twitter loses key exec Anthony Noto, sparking concerns over turnaround  USA TODAY
SoFi's New CEO Inherits Brand Hurt by Sexual Harassment Scandal  Bloomberg
Netflix is in most American homes — and somehow still growing
The company is continuing to invest heavily in new content, which in turn helps to keep driving subscriptions. Netflix once again blew past Wall Street's expectations on Monday, posting subscriber growth that trumped analysts' expectations.
Netflix increases its marketing budget to $2 billion. Here's why CEO ...  CNBC
Subscriber Additions Propel Netflix To An All Time High  Forbes
Household debt growing in Ontario, creating risk for broader economy: FAO
TORONTO -- Ontario's fiscal watchdog says household debt in the province has increased since 2010, and is projected to continue to grow, which could spell trouble for the economy as interest rates also climb.
Ontarians are going deeper into debt: FAO  The Kingston Whig-Standard
Kimberly-Clark Announces Layoffs, Along With $3.3 Billion In Operating Profit
Kimberly-Clark, maker of Huggies and other well-known brands, plans to cut more than 12 percent of its workforce in 2018. Jeff Chiu/AP hide caption.
Maker of Kleenex, Huggies plans to cut 5000 to 5500 jobs  Toronto Star
Kimberly-Clark to Cut as Many as 5500 Jobs  New York Times
Disney offering staff $1000 bonuses, new education funding
In this Aug. 7, 2017, file photo, The Walt Disney Co. logo is seen at the New York Stock Exchange. Richard Drew/AP. NEW YORK. The Associated Press.
125000 Disney employees to receive $1000 cash bonus as company launches new ...  CNBC
Disney to Give $1000 Cash Bonuses to 125000 Employees  Variety
National Bank to build biggest Montreal tower in 25 years to house new ...
National Bank of Canada plans to invest more than $500 million (US$402 million) to build a new headquarters near the old city of Montreal that will be the largest office tower built in the area in 25 years.
National Bank to build new head office building in downtown Montreal  TheChronicleHerald.ca