Patagonia founder Yvon Chouinard, along with his family, gave away control of the ~US$3 billion company to a trust and a nonprofit organization tackling environmental issues.
Adobe agreed to buy design software company Figma for US$20 billion in what will be the largest acquisition ever of a private software company if it gets approved.
Walmart has launched its Be Your Own Model tool, which uses a user’s full-body photo to simulate the dressing room experience with Walmart fashion finds.
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Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Hollywood treatment 🎥 — Amazon launches an NHL show. Regulators planning AI crackdown.
Taking off 🚀– Boeing sends a capsule to space, Gordie Howe Bridge nears completion.
Streamer tax 💵 – Interest rate decision day is here, Streamers ordered to fund Canadian content
Second wind 💨– An Olympics competitor sprints to the front. A second wind for Canadian power.
Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**
Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.
Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.
No baggage ✈️ – WestJet rolls out cheap seats, Shein and Temu imports are overwhelming.
Low risk 📊— Troubling times for Lululemon, Pension plans are lowering risk.
Trade tribulations 🚙— Canada has a tariff dilemma. AI cameras notch assist in wildfire fight.
Up in flames 🔥 — Phoenix is burning cash, Via Rail ridership is up.
High fashion 🧥 — Canada Goose gets creative. Netflix gets into the NFL.
Northern lights 🌌 — Solar storm exposes risks for farmers. Ontario will start banning car thieves from driving.
Encoure 📈 — Meme stocks vie for an encore. Cineplex leans into premium experiences.
Business students 👩💼 — The business of international students. El Niño is ending soon, but summer is still looking hot.
Lethal lemonades 🍋 — B.C. re-criminalizes public drug use. Canadian cities tease car-free summer.
Fired up 🔥— Northvolt protests get extreme, Intact is fireproofing homes.
Dirty laundry 🧺 — Wegovy comes to Canada, TD embroiled in U.S. investigation
Don’t snooze on cruises 🚢 — Ontario tries to bolster the trades, Cruise IPO sets sail, Houthis expand attacks.
Ready to roll — Trans Mountain expansion opens, Businesses are jet-setting, Saying bye to coal.
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