- S&P/TSX17,902.45+0.25%
- S&P 5003,391.10+0.62%
- DOW29,393.00+0.55%
- CAD/USD0.7554+0.1330%
- CRUDE OIL53.33+2.46%
- BTC-CAD13,487.75+0.25%
- CMC Crypto 200222.40+0.90%
- GOLD FUTURES1,610.20+0.41%
- RUSSELL 20001,693.07+0.57%
- 10-Yr Bond1.5660+0.64%
- NASDAQ9,825.31+0.95%
- VOLATILITY14.57-1.75%
- FTSE7,457.02+1.02%
- NIKKEI 22523,400.70+0.89%
- CAD/EUR0.6998+0.17%
- Yahoo Finance
Education Secretary Betsy DeVos faces another lawsuit for overturning an Obama-era rule
A group of consumer advocates filed a lawsuit against the Department of Education (ED) for revising an Obama-era rule that was designed to protect students who had attended predatory schools.
- Yahoo Finance
Two reasons to buy gold, even at over $1600 an ounce
Gold is a hedge against market turmoil and benefitting from low interest rates, analysts say
- Yahoo Finance
Tesla shares, fueled by Fed, surge on bullish analyst calls
Tesla investors should probably thank the Federal Reserve for their big gains in 2020.
- The Canadian Press
North Dakota regulators OK expanded Dakota Access pipeline
BISMARCK, N.D. — North Dakota regulators on Wednesday unanimously approved expanded capacity for the Dakota Access pipeline, saying they believed the project had met exhaustive state and federal requirements.The 3-0 vote by the all-Republican Public Service Commission came after the body signalled last
- Bloomberg
Oil Hits Two-Week High on Supply Risks From Venezuela to Libya
(Bloomberg) -- Oil climbed to the highest level this month as sanctions on Rosneft Trading and escalating tensions in Libya threatened global crude supply.Futures rose as much 2.5% in New York on Wednesday. The U.S. sanctioned a unit of Russia’s Rosneft PJSC for maintaining ties with Venezuela’s Nicolas
- Bloomberg
Stocks Advance on China’s Moves to Support Economy: Markets Wrap
(Bloomberg) -- Equities advanced on signs that China may be planning further measures to support its economy as it reels from a virus-induced slowdown and after U.S. data pointed to solid growth.Gains for chipmakers and tech hardware companies led the S&P 500 Index toward a fresh record high after Bloomberg
- Bloomberg
GE CEO Stands by Cash Forecast Despite Pressure From 737 Max
(Bloomberg) -- General Electric Co. stood by its goal of boosting cash flow this year despite a near-term drag from the production halt of Boeing Co.’s 737 Max.While the company’s cash burn could worsen to as much as $2 billion in the first quarter because of “pressure” from the Max crisis, GE will reap
- The Canadian Press
Tech companies lead US stocks higher as virus fears subside
NEW YORK — Technology companies led stocks higher inmiddaytrading Wednesday as investors set aside some of their concerns about the virus outbreak that originated in China.New cases of the virus fell for a second straight day. China’s top diplomat told counterparts in Southeast Asia that the situation
- Bloomberg
Saudi Arabia Equates Coronavirus’s Oil Impact to a House on Fire
(Bloomberg) -- Saudi Arabia gave the clearest signal yet of its concerns about the impact of the coronavirus on oil markets, comparing the situation to a blaze that needs the fire brigade.In his first public comments on the virus since January, when he said the epidemic would have a “very limited impact
- The Canadian Press
Meal-kit company Blue Apron considers selling itself
NEW YORK — Blue Apron, the online seller of meal kits, said it may put itself up for sale.The struggling company, which pioneered the meal-kit craze in the U.S., has faced tough competition from online rivals that also ship boxes of raw meat, fish and vegetables to doorstops. Grocers, including Kroger
- The Canadian Press
Burger King breaks the mould with new advertising campaign
Burger King is breaking the mould in its new advertising campaign.The burger chain is portraying its Whopper covered in mould in print and TV ads running in Europe and the U.S. The message: Burger King is removing artificial preservatives from its signature burger.The restaurant, based in Miami, Florida
- The Canadian Press
Mild weather closes only approved ice runway in Lower 48
ALTON, N.H. — An ice runway in New Hampshire will remain closed this winter because mild weather has made the ice unsafe.The ice isn't thick enough at the Alton Bay Seaplane Base ice runway to support maintenance vehicles and aircraft, runway manager Paul LaRochelle told New Hampshire Public Radio.No
Brexit Bulletin: Getting Ideological
(Bloomberg) -- What’s Happening? Britain and the EU are fighting over the level playing field and businesses are nervous. The threat that the U.K.’s departure from the European Union will revive tariffs and other trade barriers was brought sharply into focus this week by Britain’s chief Brexit negotiator.David
- The Canadian Press
Energy sector helps lift stocks in Toronto, U.S. stock markets move higher
TORONTO — The energy sector helped Canada's main stock index push higher in late-morning trading, while U.S. stock markets also gained ground.The S&P/TSX composite index was up 53.37 points at 17,911.71.In New York, the Dow Jones industrial average was up 141.95 points at 29,374.14. The S&P 500 index
Lebanon Said to Probe Sale of Eurobonds Bought Mainly by Ashmore
(Bloomberg) -- Lebanon is said to be investigating the sale of Eurobonds by local banks to foreign investors including Ashmore Group Plc.Authorities have requested information regarding the trades, including the names of the institutions and lenders that sold the bonds, according to a person familiar
- Bloomberg
Trump’s Problematic Approach to Pardons
(Bloomberg Opinion) -- Donald Trump is at it again, using his constitutional power of the pardon lawlessly as a way to reward, as the New York Times put it, “a who’s who of white-collar criminals from politics, sports and business who were convicted on charges involving fraud, corruption and lies.”For
- The Canadian Press
Carbon risk for Alberta's public pension manager AIMCo questioned
EDMONTON — Alberta's largest labour organization says public-service pensions are being used to prop up the province's struggling fossil fuels industry at a time when many large investment funds are moving away from the sector."We're afraid they're going to use our pension savings
- Bloomberg
Gold Tops $1,600 as Virus Fuels Growth Fears
(Bloomberg) -- Fears that the coronavirus could be a disaster for the global economy and a drumbeat of speculation over central-bank stimulus are driving another rally in precious metals.Gold surpassed $1,600 an ounce this week and is closing in on a seven-year high. Palladium climbed for a sixth day
- Bloomberg
Range-Busting Electric Van Targets Parcel Firms to Plumbers
(Bloomberg) -- The maker of Britain’s iconic black cabs is building a plug-in hybrid van that can travel for 377 miles without recharging or filling up, in a bid to win over long-distance delivery firms and other companies that rely on purely gasoline vehicles.London Electric Vehicle Co. is targeting
- The Canadian Press
EU proposes rules for artificial intelligence to limit risks
LONDON — The European Union unveiled proposals Wednesday to regulate artificial intelligence that call for strict rules and safeguards on risky applications of the rapidly developing technology.The report is part of the bloc's wider digital strategy aimed at maintaining its position as the global
- Bloomberg
Fortress Said to Increase Offer to Purchase Mt. Gox Claims
(Bloomberg) -- Fortress Investment Group LLC increased its offer to purchase creditor claims from the defunct Mt. Gox cryptocurrency exchange in the wake of this year’s Bitcoin rally.The private-equity and hedge-fund firm sent letters this week to creditors offering $1,300 per Bitcoin, or 88% of its
Alimentation Couche-Tard faces rival bidder for Australian company Caltex
MONTREAL — Alimentation Couche-Tard Inc. is facing a rival bidder for Caltex Australia Ltd.Australia's largest retail fuel and convenience chain says EG Group Ltd. has made a takeover offer for the company.Under the proposal, Caltex shareholders would receive roughly AU$15.62 in cash and a security
- Yahoo Finance
Coronavirus may trigger a major stock market selloff: analyst
The easy money continues to be made on Wall Street even as the coronavirus hurts more big name companies.
- Yahoo Finance
Here's how Walmart is leveling the playing field in its battle against Amazon
'Walmart is in the best position to compete with the likes of Amazon,' says Refinitiv's Jharonne Martis.
