Penguin Random House Canada CEO Brad Martin is stepping down and will be replaced by the company’s president and publisher, Kristin Cochrane. The company announced Thursday that Martin is retiring on June 30. Cochrane, who will also join the company’s global executive committee, will become responsible for day-to-day and long-term publishing and business strategy. Penguin […]
The investment is one of the first from Carlyle’s Credit Opportunities Fund, which focuses on complex transactions that require highly tailored financing
NEW YORK — The owner for a New York City condominium is offering a trip to outer space included with the purchase of an $85 million dollar apartment. The condo is a 15,000 square-foot duplex located on the entirety of the 45th floor of the Atelier building on west 42nd street in Manhattan. WNBC-TV reports […]
MONTREAL — Airline passengers who use social media to vent their rage at being stuck on a tarmac for hours or waiting days for their luggage to arrive may get some apologetic words from the company, but are unlikely to recoup any money for their efforts. That’s because the percentage of Canadians who actually apply […]
TORONTO — Canada Pension Plan Investment Board says the main fund it manages for the national retirement system increased its assets by $39.4 billion over the financial year ended March 31, achieving a net annual return of 11.6 per cent. CPPIB’s chief executive officer Mark Machin says the main driver of growth over the first […]