Statement News

NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today issued the following statement regarding the acknowledgement buried in PENN Entertainment, Inc.’s (NASDAQ: PENN) (“PENN” or the “Company”) May 19, 2025 letter that it “will continue to consider opportunities to further refresh the Board” after the 2025 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on June 17, 2025. On April 25, 2025, PENN’s Board unilaterally reduced the...

OTTAWA, Ontario--(BUSINESS WIRE)--The union representing about 10,000 hospital and long-term care staff in Ottawa vowed to fight Mayor Sutcliffe’s plan to create ‘bubble zones’ that would prevent health care workers from exercising their charter rights and organizing demonstrations outside their workplaces. “We have a constitutional right to protest, and it must not be taken away,” said Michael Hurley, President of CUPE’s Ontario Council of Hospital Unions, which represents 50,000 health care s...

TORONTO--(BUSINESS WIRE)--After a disappointing budget announcement that skimmed over public education, the Ontario School Board Council of Unions (OSBCU) is calling for an immediate surge in funding to address the understaffing crisis in schools across the province. This budget does nothing to address the severe understaffing crisis plaguing Ontario schools. Despite a reported $2.6 billion increase to Ministry of Education funding, the actual support for school boards, students, and frontline...

TORONTO--(BUSINESS WIRE)--Ford’s announcement that $4 billion in rebates will be paid out to Ontario employers is lauded as a positive step for Ontario, but this is a misdirection. WSIB is not taxpayer funded. Employers pay premiums to ensure that when workers get injured on the job, they have coverage to help them recover. The fact is that successive Conservative and Liberal governments have eroded our workers’ compensation system, limiting the scope of coverage and benefits. It is time to rev...

TORONTO--(BUSINESS WIRE)--The province’s largest union condemned the failure of the Ford Conservatives’ budget to meet Ontarians’ needs with a dramatic expansion of public services that would build communities, create jobs and improve lives. “Doug Ford still masquerades as Captain Canada. But as far as Ontarians are concerned, ‘elbows up’ should be about public services, the opportunities they provide and the jobs they create,” said Fred Hahn, president of CUPE Ontario. The union represents 290...

TORONTO--(BUSINESS WIRE)--There is a crisis in public education in Ontario. Classrooms are frequently evacuated because of violent episodes, completely disrupting the learning environment for students. Educational Assistants are overburdened with work and students are not provided the supports they need. Libraries are closing for days at a time because school boards do not have the funds to keep libraries open. Our schools are not being cleaned properly because there are nowhere near enough cus...

NEW YORK--(BUSINESS WIRE)--H Partners Management, LLC (“H Partners” or “we”), one of the largest shareholders of Harley-Davidson, Inc. (NYSE: HOG) (“Harley-Davidson”, “Harley”, or the “Company”), which beneficially owns approximately 9.3% of the outstanding shares of the Company, today commented on the preliminary results of the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”). “We thank our fellow shareholders and all other stakeholders, including dealers, riders, and emplo...

SOUTH SAN FRANCISCO, Calif. & LOS ANGELES & SAN DIEGO--(BUSINESS WIRE)--Biocom California, the association representing the life science industry of California, issued the following statement in response to the recent Executive Order on Most Favored Nation price setting policy. This statement may be attributed to Tim Scott, president and CEO of Biocom California: “Most Favored Nation (MFN) is a concept that has been proposed and rejected many times over the years for very good reasons: it would...

TORONTO--(BUSINESS WIRE)--Members of OCEU/CUPE 1750 were at Queen’s Park yesterday to update Ontario workers on the continued challenges they are facing in their negotiations with the Workplace Safety and Insurance Board (WSIB). “If the WSIB cannot present an offer that respects my coworkers and our needs, we will be forced to take legal strike action.at all of our 16 regional locations across Ontario, said Harry Goslin, President of OCEU/CUPE 1750. “We don’t want that to happen. Nothing concer...

TORONTO--(BUSINESS WIRE)--The Air Canada Component of CUPE, the union representing 10,000 flight attendants at Air Canada and Air Canada Rouge, has filed for conciliation with the federal minister of labour, citing an impasse with the airline. "We've made fair, reasonable, and long overdue proposals, but the company appears to be dragging their feet and not taking the process seriously," said Wesley Lesosky, a flight attendant with 24 years experience and President of the Air Canada Component o...