‘Spider-Man’ soars with $185.1M over six-day holiday weekend

‘Spider-Man’ soars with $185.1M over six-day holiday weekend
NEW YORK — It helps to have one of the biggest lead-ins ever. “Spider-Man: Far From Home,” the first Marvel movie after “Avengers: Endgame,” swung past any franchise fatigue to dominate the July Fourth holiday weekend, raking in an estimated $185.1 million since opening Tuesday and earning $93.6 million from Friday to Sunday in North American theatres. The opening gave... Read More

Corporate Calgary ready to trade pipeline, tax protests for Stampede partying

Corporate Calgary ready to trade pipeline, tax protests for Stampede partying
CALGARY — After months of taking to the streets to demand pipeline project approvals and rallying last month to call for lower property tax increases, Calgary’s business community is looking forward to heading outside for pancakes and parties as the Calgary Stampede kicks off this week. Windows and patios in the downtown have been sprouting cowboy-themed murals and rough-wood fake fencing for weeks but... Read More

Calgary and Edmonton targeted for e-scooter rental program launch in July

Calgary and Edmonton targeted for e-scooter rental program launch in July
CALGARY — A company backed by Toronto Raptors founder John Bitove says it will bring e-scooter rentals to Calgary and Edmonton in early July. Newly founded Bird Canada says Alberta will be the launching point for its line of dockless electric-powered scooters, but it plans to expand to eventually offer scooter-sharing and other “commuter solutions” across the country. The company says Kelowna, B.C., is... Read More

Shaw reports Q3 profit, less drag from Corus stake; Freedom Mobile grows

Shaw reports Q3 profit, less drag from Corus stake; Freedom Mobile grows
CALGARY — Shaw Communications Inc. earned $229 million in its latest quarter, as revenue increased nearly three per cent from last year and the company recorded a smaller loss on its investment in Corus Entertainment. Revenue for the three months ended May 31 grew to $1.32 billion this year from $1.29 billion last year, with the strongest growth coming from... Read More

Youth minimum wage rollbacks won’t apply at this year’s Calgary Stampede

Youth minimum wage rollbacks won’t apply at this year’s Calgary Stampede
CALGARY — A rollback to Alberta’s minimum wage for young people won’t apply to those working at this year’s Calgary Stampede. The marquee 10-day celebration of cowboy culture kicks off on July 5. A new $13-per-hour minimum wage for workers aged 13 to 17 takes effect today. The old $15 rate, the highest in Canada, remains in place for everyone else. Stampede spokeswoman Jennifer Booth says... Read More

Corus reports $66.4M third-quarter profit, television ad revenue up

Corus reports $66.4M third-quarter profit, television ad revenue up
TORONTO — Corus Entertainment Inc. had a $66.4-million net profit attributable to shareholders in its latest quarter, as an increase in television advertising helped to boost revenue. The owner of the Global television network, specialty TV channels and radio stations said the profit amounted to 31 cents per diluted share for the quarter ended May 31. The profit compared with... Read More

Rogers Media cuts off-air jobs at Sportsnet in a ‘repositioning’ for the future

Rogers Media cuts off-air jobs at Sportsnet in a ‘repositioning’ for the future
TORONTO — Rogers Media is cutting an unspecified number of off-air jobs across its Sportsnet organization after letting go of star broadcaster Bob McCown last week after 30 years as host of the afternoon program “Prime Time Sports.” A Sportsnet representative says the company isn’t saying publicly how many off-air people are affected by the broader changes or what types of work they... Read More

Warner Bros. names BBC’s Ann Sarnoff as its new CEO

Warner Bros. names BBC’s Ann Sarnoff as its new CEO
NEW YORK — BBC executive Ann Sarnoff was named chief of Warner Bros. on Monday, making her the first woman to head the movie studio in its 96-year history. Her appointment follows the departure in March of Kevin Tsujihara, who stepped down after misconduct allegations. WarnerMedia chief executive John Stankey announced Sarnoff’s hiring, concluding a three-month search for one of... Read More

Italy’s Milan-Cortina wins vote to host 2026 Winter Olympics

Italy’s Milan-Cortina wins vote to host 2026 Winter Olympics
LAUSANNE, Switzerland — Italy will host the 2026 Olympics in Milan and Cortina d’Ampezzo, taking the Winter Games to the Alpine country for the second time in 20 years. International Olympic Committee members voted for the long-favoured Milan-Cortina bid over Stockholm-Are from Sweden that also included a bobsled track in Latvia. Milan-Cortina’s jubilant delegation broke into chants of “Italia! Italia!”... Read More