- S&P/TSX16,517.90+0.19%
- S&P 5002,978.12+0.05%
- DOW27,118.04-0.13%
- CAD/USD0.7626-0.4141%
- CRUDE OIL55.88+0.45%
- BTC-CAD13,450.80-2.38%
- GOLD FUTURES1,427.00+0.02%
- RUSSELL 20001,546.24-0.11%
- 10-Yr Bond2.0330-0.73%
- NASDAQ8,181.11+0.42%
- VOLATILITY14.39-0.42%
- FTSE7,505.04-0.05%
- NIKKEI 22521,416.79-0.23%
- CAD/EUR0.6795-0.38%
- Yahoo Finance•8 minutes ago
Stock market news: July 22, 2019
U.S. stock futures climbed Monday morning at the start of a crowded week for corporate earnings. Crude oil prices continued to rise as tensions escalated with Iran.
- Bloomberg•8 minutes ago
UniCredit Weighs Thousands of Job Cuts in Mustier's New Plan
(Bloomberg) -- UniCredit SpA is considering thousands of job cuts and slashing operating costs as part of a new strategic plan to be unveiled in December, according to people familiar with the matter.The Italian lender is weighing as many as 10,000 cuts, though final numbers are still under review and
- Yahoo Finance•15 minutes ago
'They thought they were buying heroin': How fentanyl invaded the U.S.
The U.S. opioid crisis has evolved into a fentanyl crisis.
- The Canadian Press•15 minutes ago
Budget negotiators close on debt, agency spending deal
WASHINGTON — The Trump administration and House Speaker Nancy Pelosi are on the cusp of the critical debt and budget deal, one that would amount to an against-the-odds victory for Washington pragmatists seeking to avoid politically dangerous tumult over must-do fiscal deadlines.Aides on both sides of
- The Canadian Press•15 minutes ago
Europe central bank could jump ahead of Fed to add stimulus
FRANKFURT — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit.The ECB, which sets interest rates
- Bloomberg•16 minutes ago
Duncan Quits as Minister With Swipe at Johnson: Brexit Update
(Bloomberg) -- Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. Voting closes in the race to become next Conservative Party leader and prime minister. Boris Johnson is the clear favorite, and his demand that ministers be prepared to accept leaving the European Union without
- Bloomberg•20 minutes ago
Stocks Mixed Ahead of Earnings; Oil Advances: Markets Wrap
(Bloomberg) -- U.S. stocks turned mixed as investors looked ahead to a busy week of corporate earnings. Oil gained amid tensions in the Persian Gulf.Shares of technology companies were the best performers, with Apple rallying after Morgan Stanley boosted its price target. Micron Technology was lifted
- Yahoo Finance•25 minutes ago
Companies to Watch: Equifax settles, CBS goes dark on AT&T, Vail buying Peak in ski deal
Equifax, CBS, AT&T, Vail Resorts are the companies to watch.
- Bloomberg•28 minutes ago
IAEA Leader’s Pledge to Secrecy Was His Hallmark Unto Death
(Bloomberg) -- One of Yukiya Amano’s first acts when he took command of the International Atomic Energy Agency was to pull a tighter curtain of secrecy around its activities.At a board meeting in September 2010, Amano warned his 2,500 workers that they were now subject to his strict code of confidentiality
- Bloomberg•31 minutes ago
Congress, White House on Brink of Two-Year Debt Limit Deal
(Bloomberg) -- Congress and the White House are on the brink of an agreement that would raise the debt limit until July 31, 2021 and increase government spending for two years, according to people briefed on the discussions.The deal that is in the final stages of negotiation would offset about $75 billion
- The Canadian Press•31 minutes ago
SNC-Lavalin books $2B charge, warns on forecast, announces reorganization
MONTREAL — SNC-Lavalin Group Inc. warns its 2019 results could be significantly lower than anticipated, largely due to cost overruns at some construction projects and says it will undergo a reorganization to exit or section off its poorer performing segments.The Montreal-based engineering giant is withdrawing
- The Canadian Press•5 minutes ago
Revamped OxyContin was supposed to reduce abuse, but has it?
WASHINGTON — Dr. Raeford Brown was uniquely positioned to help the U.S. government answer a critical question: Is a new version of the painkiller OxyContin helping fight the national opioid epidemic?An expert in pain treatment at the University of Kentucky, Brown led a panel of outside experts advising
- Yahoo Finance•34 minutes ago
Evidence that the stock market can sway presidential votes
For clues on which political party will win the next presidential election, look no further than the S&P 500.
- Bloomberg•42 minutes ago
ConEd Faces Expanded Probe After Heat Wave Forces Power Shutdown
(Bloomberg) -- Consolidated Edison Inc. said it would be ready for the heat wave. It wasn’t, and instead was forced to shut off power to prevent damage to its equipment.In all, at least 53,000 customers lost electricity Sunday as a heat wave baked the East Coast, leading some circuits to fail and overloading
- Bloomberg•46 minutes ago
Oil Lessens Advance as U.K. Seeks to Ease Tensions With Iran
(Bloomberg) -- Oil eased gains as traders digested conciliatory remarks by British authorities after Iran’s seizure of its oil tanker, amid heightened tensions in the region.Futures in New York added as much as 2.2% on Monday before trading close to little changed. The U.K. demanded the immediate release
- The Canadian Press•47 minutes ago
Hawaii vacation applications rise as building permits fall
HILO, Hawaii — An increase in short-term vacation rental applications has been offset by a drop in building permits on Hawaii Island, officials said.Hawaii County processed 744 short-term vacation rental applications as of last week compared to 266 at the same point in June, West Hawaii Today reported
- Bloomberg•52 minutes ago
Iran Says It Will Execute Group of Alleged CIA-Trained Spies
(Bloomberg) -- Iran, locked in a worsening political standoff with Western powers, has handed down death sentences to several nationals accused of being part of a CIA-trained spy network uncovered earlier this year, an official said on Monday.U.S. President Donald Trump denounced the Iranian report as
- The Canadian Press•52 minutes ago
A quick look at business insurance for natural disasters
NEW YORK — With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small business owners should look at their insurance policies and determine how well covered they'd be in the event of a natural disaster.Damage from tornadoes and the wind and
- Yahoo Finance•53 minutes ago
The Democratic case (to business) for raising the minimum wage
In essence, the Democratic case to business leaders on a minimum wage increase boils down to this: it’s not going to be so bad as you think.
- The Canadian Press•56 minutes ago
Hospitals put Native Americans at opioid risk, audit says
FLAGSTAFF, Ariz. — U.S. government hospitals placed Native American patients at increased risk for opioid abuse and overdoses, failing to follow their own protocols for prescribing and dispensing the drugs, according to a federal audit made public Monday.The report by the U.S. Department of Health and
- The Canadian Press•1 hour ago
Technology companies push early US stock gains
NEW YORK — U.S. stocks moved higher in early trading Monday on Wall Street as investors snapped up technology stocks.The opening gains follow a decline last week that pulled the market further away from record highs set one week ago. Investors have been assessing corporate financial results to get a
- Bloomberg•1 hour ago
Crunch Time at Fevertree as Estimates Cut, Short Bets Rise
(Bloomberg) -- With price targets falling and short interest rising, Tuesday’s first-half results will be a litmus test for former market darling Fevertree Drinks Plc.The premium tonic maker is likely to report a sharp slowdown in the exponential sales growth of recent years as it starts to reach what
- Bloomberg•1 hour ago
Icahn Slams Occidental, Says Buffett Took CEO ‘to the Cleaners’
(Bloomberg) -- Occidental Petroleum Corp.’s leaders hastily put together its $38 billion deal for Anadarko Petroleum Corp. in a job-preserving bid to stave off a takeover itself, according to activist investor Carl Icahn.Occidental Chief Executive Officer Vicki Hollub and Chairman Eugene Batchelder appear
- Bloomberg•1 hour ago
‘Lion King’ Defies Critics as Beyoncé Helps Boost Box Office
(Bloomberg) -- The star power of Beyoncé Giselle Knowles-Carter and Donald Glover in Walt Disney Co.’s remake of “The Lion King” has overshadowed lukewarm reviews from critics. New and old fans of the classic contributed to the film’s $185 million opening weekend debut, which bode well for theater stocks
- Bloomberg•1 hour ago
Boeing Max Crisis Puts Ratings at Risk of Downgrade, Fitch Says
(Bloomberg) -- Boeing Co.’s credit rating could be at risk as the grounding of the 737 Max drags into a fifth month, Fitch Ratings said.Regulatory uncertainty around the return to service of the planemaker’s best-selling jet and the “growing logistical challenge” of getting parked planes back in the
