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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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Fed-up grocers 🛒 — Fed-up shoppers plot Loblaw boycott. Feds impose new cap on foreign student work hours
Prime time 🏀 — Amazon locks up NBA deal, the Yen keeps falling.
Productivity problems 📉 — Honda’s $15 billion EV bet, The GDP per capita dips.
Healthy pop 🥤 — Indigenous investing rises, Healthy pop is popping off.
Grocers wanted 🛒 — Feds lure global grocers, A new inflation theory.
Grocers wanted 🛒 — Feds lure global grocers, A new inflation theory.
Tesla slashes prices in major markets. The world’s top-selling EV maker is again cutting prices on popular models by nearly US$2,000 in the U.S., China and Germany as it tries to keep pace in the accelerating EV price war.
Mob ties 🚔 — The NHL is breaking records. Mob gets busted in Canada.
Retro kicks 👟 — Raptors scandal highlights worries about sports betting. Retro sneakers are all the rage.
Wealth tax 📈 — Tim Horton’s gets into pizza. Feds announce new tax rate.
Budget day 💸 — Happy Budget Day, one and all. Canada says 'bienvenue' to Francophone immigrants.
Self-driving sale 🚗 — Middle East conflict ratchets up with Iran attack. Tesla slashes prices for self-driving software.
Stadium revamp 🏟️ — **The government has been using AI… a lot. Rogers Centre gets revamped.**
Lies and statistics 📊 — Track and field to pay its Olympic gold medallists. Canada almost as unequal as U.S. when it comes to wealth
Firepower 🇨🇦 — Canada ups defence dollars. New RBC CFO.
Crabby 🦀 — Feds pledge billions for AI. It’s a good day to be a crab.
Throwing shade 🌑 — The solar eclipse economy is booming. Construction is getting entrepreneurial.
Walking back 🛒 — Disney wins its boardroom battle, Amazon cancels walk-out check-out.
EV slowdown 🚙 — Tesla’s nightmarish start to the year. Queens moving to a lottery system for med school.
Makeover 💄 — RBC takes over HSBC. Schools take social media companies to court.
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