business

A Pizza Hut franchisee in the U.S. is betting big on nostalgia, bringing back its ’90s decor, Pac-Man and salad bars. Source link

Reports of the sale made waves online this week among fans of Everlane, who saw the sale to Shein as a reversal of the brand’s commitment to climate goals and ethical manufacturing. Everlane CEO Alfred Chang said in a statement his company would remain independent and committed to sustainability and quality. Source link

Driving the increase in prices, industry experts say, is cattle supply, which remains tight after a series of droughts. But in spite of that, consumer appetite remains strong, with overall demand for beef at record levels. Source link

Intuit has laid off 17 per cent of its full-time workforce — or about 3,000 roles worldwide — as it plans to streamline the business and focus on key areas, including AI. Source link

Canadian fintech company Wealthsimple is expanding its offerings for Canadian families, including accounts for children and teenagers, in a push to offer wider services to both consumers and businesses. Source link

Recall applies to 6,082 Canadian vehicles, according to Hyundai. No fires, incidents, injuries or fatalities have been reported in Canada related to the issue. Source link

Approved claims started getting paid out during the week of May 11, according to the webpage for the class-action settlement. Depending on whether they received a Loblaw gift card in 2018, Canadians who applied can expect to see either $49.11 or $24.11. Source link

For North America, the plan is designed to expand the automaker’s hybrid offerings, and offer new pickup trucks, a small van and seven “affordable” vehicles. Source link

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centres in space. Source link

Sherritt suspended direct participation in its joint venture in Cuba earlier this month amid ramped up pressure by the U.S. on the island nation. Source link