In a Friday speech in Toronto, Macklem said strong investment in AI is boosting demand as rising equity prices and hiring add to consumption. Electricity demand is also “surging” because of the ...
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.
Raymond Chun, 55, will take the helm of Canada’s second-largest bank in April, when current chief executive Bharat Masrani retires, the bank said this week. “I am committed to the work ahead and ...