• W. Galen Weston, the former chairman and CEO of Loblaw parent company George Weston Ltd. (GWL), has died at age 80 after a long illness.
Weston was the third generation of family leadership, succeeding his father as head of the company in 1974, and retiring just five years ago, passing the top job on to his son, Galen G. Weston.
The Westons are one of Canada's wealthiest families, with holdings that include Loblaw and Shoppers Drug Mart in Canada, department store chains Selfridges in the UK, and numerous other retail entities around the world.
• Bernie Madoff, who perpetrated the largest Ponzi scheme in US history, bilking billions of dollars out of thousands of investors - including notably, the Wilpon family, owners of the New York Mets, dramatically impacting their ability to spend money on baseball players - has died in prison. He was 82.