Business Brief: The fall of Hudson’s Bay Co.

News Snapshot:

Good morning. The fate of Hudson’s Bay hangs in the balance, as it waits for a court decision on whether the company can move forward with liquidating all of its stores across Canada. The decision puts the future of a 355-year-old retailer in question, and more than 9,300 jobs are at risk. We’ll get into what happened at Canada’s oldest company, but first: In the news Ethics: Prime Minister Mark Carney says conflict-of-interest screens will require he recuse himself from decisions that affect companies he served while in the private sector. Economics: Canada’s annual inflation rate jumps to 2.6 per...