Canadian National (CN) Railway named a new CEO after an activist investor waged a months-long campaign for the railroad to juice up its financial and stock performance. The latest company to enter the war between fintechs, startups, and tech giants for talent? Big banks. You know you're doing something right (or horribly wrong) when the Federal Trade Commission (FTC) starts paying attention as the FTC fines fast Fashion behemoth Fashion Nova for suppressing specific reviews.

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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.