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Taco Bell tests edgy new look with eye toward flexibility, upscale design concepts (Photo)

Taco Bell tests edgy new look with eye toward flexibility, upscale design concepts

Taco Bell is trading in its one-size-fits all restaurant design for more modern upgrades. The chain, which is a unit of Yum! Brands Inc., will be testing four new design concepts as the company aims to open 2,000 new restaurants in 2016. The Irvine-based Mexican fast-food chain is testing four new restaurant designs that represent its next generation of stores. ... Read More »

Canada’s Big five banks sign up for Apple Pay

Canada's Big five banks sign up for Apple PayCanada's Big five banks sign up for Apple Pay

Apple Pay is expected to gain major momentum in Canada after five of the country’s major banks announced partnerships with the mobile payment system. Apple has announced that its tap-to-pay service is now available through a much, much wider range of providers. Right now, you can use it through heavyweights CIBC and RBC (both credit and debit cards) as well ... Read More »

Sumner Redstone Competency Trial Brings Soap Opera to Courtroom, Report

Sumner Redstone Competency Trial Brings Soap Opera to Courtroom, Report

A legal challenge over media mogul Sumner Redstone’s mental competency goes to trial in Los Angeles on Friday. The outcome will have implications far beyond the small Los Angeles courtroom where the trial will examine Redstone’s mind and the inner workings of his mansion in recent months. The 92-year-old through his company National Amusements controls CBS Corp. and Viacom Inc., ... Read More »

Canadian bank fined $1.1 million by anti-money laundering agency, Report

Canadian bank fined $1.1 million by anti-money laundering agency

The federal agency responsible for monitoring money laundering across the country said that it has fined a Canadian bank more than $1.1-million for failing to report a suspicious transaction, a hefty penalty that is designed to send a message of deterrence in the financial sector. The Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, published an overview of ... Read More »

Cara Operations to Buy Restaurant Chain St-Hubert, Report

Cara Operations to Buy Restaurant Chain St-Hubert, Report

Cara to buy the Quebec-based fast-food rotisserie chicken chain for C$537 million. Cara Operations Limited, the Ontario-based company that owns restaurant brands like Swiss Chalet, Kelsey’s Neighbourhood Bar & Grill, Harvey’s, Milestones Grill and Bar, and Montana’s Cookhouse, purchased Quebec’s iconic St-Hubert chicken brand today for just over half a billion dollars. The Wall Street Journal reports that the juggernaut ... Read More »

CRTC Approves Corus Entertainment’s Acquisition of Shaw Media, Report

CRTC Approves Corus Entertainment’s Acquisition of Shaw Media, Report

The federal broadcast regulator has cleared the way for Corus Entertainment Inc.’s $2.65-billion acquisition of Shaw Media, removing the final obstacle to a deal that endured a public dissection at the hands of shareholders. “We are very pleased with the CRTC’s decision to approve the acquisition of Shaw Media by Corus Entertainment,” said Doug Murphy, President and Chief Executive Officer, ... Read More »

Sherwin-Williams buying rival Valspar for about $11.3 billion, Report

Sherwin-Williams buying rival Valspar for about $11.3 billion, Report

Paint maker Sherwin-Williams has agreed to acquire coatings supplier Valspar in an all-cash deal valued at $11.3 billion that is expected to help its international expansion. The two companies appear to understand the potential hurdles they face from antitrust concerns and have included in the agreement a drop in the price Sherwin-Williams will pay depending on demands from regulators for ... Read More »

Canadian household debt soars to yet another record, Report

Canadian household debt soars to yet another record, Report

Canadians ended 2015 with a record-high debt burden, as low interest rates and still-soaring regional housing markets fuelled the fastest year of household debt growth since 2011. Household sector net worth at market value rose 1.6% in the fourth quarter to $9,479 billion. On a per capita basis, household net worth was $263,200, up 1.5% from the previous quarter. Financial ... Read More »

Brink employee accused of stealing $200000 in quarters

Brink employee accused of stealing $200000 in quarters

A former Brink’s employee is facing a bank theft charge after being accused of taking $200,000 worth of quarters in early 2014. According to the Department of Justice, the 49-year-old man from Alabama is accused of taking the coins while he was working as a money processing manager. “What [the suspect] may have thought was a nickel and dime theft ... Read More »