Bloomberg Jewellery maker Alex and Ani LLC, which operates dozens of stores, filed for Chapter 11 bankruptcy protection and put itself up for sale. The company said it entered into a restructuring agreement with debt and equity holders as it works to reorganise and boost its online and wholesale businesses. The retailer expects “little to no disruption” in operations. Alex …

Bloomberg The coronavirus pandemic real-estate boom has made some Canadians richer, while others languish. The net worth of the nation’s households increased by about C$770 billion ($633 billion) in the first three months of 2021, a record 6% gain, to C$13.7 trillion, Statistics Canada said in a report. Since the start of 2020, that figure has increased by more than …

Bloomberg Plans for the biggest corporate spending boom in more than a decade could be the next driver for stock markets trading at record highs. Last year’s prudence among companies is giving way to jubilant investment across a swath of industries, driven by economic reopenings, low interest rates and government support. Such a signal of confidence in the future is …