Cineplex Inc. considers mobile phone concession pre-ordering as food drives growth

Cineplex Inc. considers mobile phone concession pre-ordering as food drives growth
TORONTO — Cineplex Inc. moviegoers could soon order their popcorn from their mobile phones before heading to theatres, as the company focuses on concession stand sales, restaurants and bars to continue to drive growth. “We are testing it and we are looking at it, especially in the VIP cinemas, where you can basically walk in and have everything ready to go,” president and CEO Ellis Jacob said Thursday. He talked about the... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Bread battle fallout Loblaw Co. Ltd. releases fourth-quarter and year-end results on Thursday. The grocery giant rocked the food retail industry in December when it admitted to participating in an alleged price-fixing conspiracy. Loblaw and George Weston Ltd. were granted immunity from prosecution by... Read More

Los Angeles Times sold to local billionaire for $500 million

Los Angeles Times sold to local billionaire for $500 million
LOS ANGELES — A billionaire doctor struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper’s quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. The agreement between Los Angeles-based medical entrepreneur Dr. Patrick Soon-Shiong (soon-shong) and Tronc Inc. marks the latest instance of... Read More

SpaceX’s hot new monster rocket ready for first test flight

SpaceX’s hot new monster rocket ready for first test flight
CAPE CANAVERAL, Fla. — SpaceX’s hot new monster rocket makes its launch debut this week, blasting off from the same pad that hoisted men to the moon a half-century ago. The Falcon Heavy won’t surpass NASA’s Saturn V moon rocket, still all-time king of the launch circuit. It won’t even approach the liftoff might of NASA’s space shuttles. But when... Read More

Robot makes coffee at new cafe in Japan’s capital

Robot makes coffee at new cafe in Japan’s capital
TOKYO — Japan has a new robot cafe where customers can enjoy coffee brewed and served by a robot barista. The robot named Sawyer debuted this week at Henna Cafe in Tokyo’s downtown business and shopping district of Shibuya. The shop’s name in Japanese means “strange cafe.” The single-armed robot scans a ticket purchased from a vending machine and greets... Read More

Health care just the latest industry Amazon seeks to upend

Health care just the latest industry Amazon seeks to upend
NEW YORK — When Amazon sets its sights on a new industry, corporate America shudders. The latest example came Tuesday, when the online retailing giant said it is working with Berkshire Hathaway and JPMorgan Chase to create a company to offer affordable health care to their employees. Stocks of health insurers tumbled, erasing billions of dollars in shareholder value. It... Read More

WestJet service to mainland Europe begins with flights between Paris and Halifax

WestJet service to mainland Europe begins with flights between Paris and Halifax
MONTREAL — WestJet Airlines Ltd. is expanding its global network by adding its first flights to mainland Europe. The Calgary-based airline announced Monday that daily direct flights will begin May 31 to Charles de Gaulle Airport in Paris from Halifax Stanfield International Airport. That’s on top of a new route between Halifax and Gatwick Airport in London that gets underway April 29. WestJet’s foray to Europe... Read More

Rogers CFO: Blue Jays not for sale, but stock price doesn’t reflect team’s value

Rogers CFO: Blue Jays not for sale, but stock price doesn’t reflect team’s value
TORONTO — Executives at Rogers Communications say there’s no plan to sell the Toronto Blue Jays team. Questions about the company’s plans for Canada’s only major league baseball team resurfaced late last year but Rogers executives have consistently said they want to maintain ties with the Jays. The future of the Jays was raised on the Rogers fourth-quarter conference call. Chief financial... Read More