Pier 1 files for bankruptcy protection, closing all Canadian stores

Pier 1 files for bankruptcy protection, closing all Canadian stores
TORONTO — Home goods retailer Pier 1 Imports Inc. says it has filed for bankruptcy protection in the United States and plans to close all Canadian stores as part of its restructuring process. The Texas-based company has been struggling with increased competition from budget-friendly online retailers such as Wayfair. Pier 1 says it will pursue a sale, with a March 23... Read More

Zuckerberg meets EU officials as bloc’s new tech rules loom

Zuckerberg meets EU officials as bloc’s new tech rules loom
LONDON — Facebook CEO Mark Zuckerberg met top European Union officials on a visit to Brussels on Monday, days before the bloc is expected to release new proposals on regulating artificial intelligence. The billionaire social network founder is the latest U.S. tech executive to make the trip to the headquarters of the EU, which is becoming an increasingly important player... Read More

Telus and affiliates tell customers they’ve already met Liberal rate-cut pledge

Telus and affiliates tell customers they’ve already met Liberal rate-cut pledge
OTTAWA — One of Canada’s major mobile service providers appears to have set the stage for a battle with Ottawa over the timing of proposed wireless rate cuts. Telus and affiliated brands Koodo and Public Mobile recently placed what they are calling a “True North Affordability” stamp on their websites — a move one consumer advocate says is an attempt to reset... Read More