• The Canadian Press

    Germany: Bill requires sites to report hate speech to police

    BERLIN — Sharing threats made by someone else could soon become a punishable offence in Germany, after the government approved a bill Wednesday designed to crack down on hate speech and online extremism.Following a regional politician's slaying and an attack on a synagogue last year, German government

  • Grains mostly lower, livestock higher.

    Grain futures were mostly lower Wednesday in early trading on the Chicago Board of Trade.Wheat for Mar. delivery was off 1 cent at $5.5560 a bushel; Mar. corn fell 1.40 cents at $3.7960 a bushel; Mar. oats rose 5.40 cents at $3.03 a bushel; while Jan. soybeans lost 7.80 cents at 8.8540 a bushel.Beef

  • The Canadian Press

    UK employers fear worker shortages in new immigration plan

    LONDON — Vegetables rotting in the fields, food going unprocessed, the elderly and disabled left without care.That’s the alarming picture painted by some British employers about the impact of new U.K. immigration rules set to be introduced in less than a year.Farms, food factories and care homes said

  • Ending Putin's support of Venezuela no easy feat for US
    The Canadian Press

    Ending Putin's support of Venezuela no easy feat for US

    MOSCOW — In October 2016, the head of Russia's largest oil company travelled to the birthplace of Hugo Chávez, in the empty, sweltering plains of Venezuela, to unveil a giant bronze statue of the late socialist leader that he and his longtime friend, Russian President Vladimir Putin, commissioned

  • The Canadian Press

    North Dakota regulators poised to approve pipeline expansion

    BISMARCK, N.D. — North Dakota regulators were expected to take action Wednesday on a proposal to expand the capacity of the Dakota Access pipeline.The three-member, all-Republican Public Utilities Commission signalled last month that it would approve a permit to expand the capacity of the pipeline, despite

  • The Canadian Press

    Fire at Minnesota recycling plant affecting air quality

    BECKER, Minn. — Officials are monitoring the air quality in Becker where a fire at a metal recycling plant has been burning for more than 24 hours.Firefighters continued to fight the stubborn blaze Wednesday after working all day and through the night Tuesday at Northern Metal Recycling plant.Firefighter

  • Bloomberg

    Paul Tudor Jones Bows Down to Pitbull to Protect Everglades

    (Bloomberg) -- Paul Tudor Jones stood on a chair in a ballroom of the Breakers in Palm Beach Saturday night, bowing down to Pitbull performing for the Everglades Foundation.Earlier that evening, he had joined David Tepper, Robert Kraft, Gary Cohn, Ken Langone and Thomas Peterffy for ceviche in a papaya

  • The Canadian Press

    Tech companies lead US stocks higher as virus fears subside

    NEW YORK — Technology companies led stocks higher in early trading 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

  • Stock market news live: Wall Street pops at the open, but coronavirus fears linger
    Yahoo Finance

    Stock market news live: Wall Street pops at the open, but coronavirus fears linger

    Headlines moving the stock market in real time.

  • The Canadian Press

    In the spirit of Whitney: Houston Hologram tour set to begin

    BURBANK, Calif. — Whitney Houston is about to appear on the concert stage again.Eight years after her death, a holographic Houston will embark on a European tour that starts in England on Feb. 25 and runs through early April, with U.S. dates expected to follow.“Now is just the right time," said

  • Hedge Funds Keep Backpedaling From S&P 500’s Biggest Winners
    Bloomberg

    Hedge Funds Keep Backpedaling From S&P 500’s Biggest Winners

    (Bloomberg) -- Some of the most prominent investors are breaking from the crowd that has been chasing the rally in U.S. technology stocks.Hedge fund managers, whose positioning is closely watched as a gauge of market sentiment, have been selling technology shares for a third month, according to prime

  • Europe’s U.S.-Style Superbank Dream Is Further Out of Reach
    Bloomberg

    Europe’s U.S.-Style Superbank Dream Is Further Out of Reach

    (Bloomberg) -- The solution for Europe’s struggling banks, many of their CEOs agree, is consolidation that creates cross-continent superbanks -- an American-style fix that by several measures is slipping further out of reach.Europe’s banking system is getting more fragmented, not less, 10 years after

  • Trian to Make $70 Million in Nine Months on Legg Mason
    Bloomberg

    Trian to Make $70 Million in Nine Months on Legg Mason

    (Bloomberg) -- Billionaire Nelson Peltz stands to make about $266 million over the past decade on two separate investments in Legg Mason Inc., after the asset manager agreed to be acquired Tuesday.The takeover by Franklin Resources Inc. means Peltz’s Trian Fund Management has turned a $70.3 million profit

  • Nike’s new CEO announces leadership shakeup
    Yahoo Finance Video

    Nike’s new CEO announces leadership shakeup

    Yahoo Finance’s Brian Sozzi, Seana Smith, and Reggie Wade discuss the latest c-suite shakeup at Nike.

  • Stocks Advance on China’s Moves to Support Economy: Markets Wrap
    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.Chipmakers led the S&P 500 Index’s gains after Bloomberg News reported that China’s latest moves to aid growth

  • Options Market Darlings Virgin Galactic, Plug Power Are Surging Again
    Bloomberg

    Options Market Darlings Virgin Galactic, Plug Power Are Surging Again

    (Bloomberg) -- A number of stocks that have captured investor attention are continuing their gains as the options market more and more resembles a roulette wheel.Richard Branson’s space-tourism company Virgin Galactic Holdings Inc. jumped as much as 15% on Wednesday, marking another day of double-digit

  • Bed Bath & Beyond rises as retailer unveils turnaround plan
    The Canadian Press

    Bed Bath & Beyond rises as retailer unveils turnaround plan

    Shares of Bed Bath & Beyond moved sharply higher at the opening bell Wednesday after executives rolled out a raft of initiatives to turn the struggling chain around.Six weeks after using the company's own dismal quarterly results as motivation for change, new CEO Mark Tritton said late Tuesday that

  • U.S. Home-Building Permits Rise to Highest Since 2007
    Bloomberg

    U.S. Home-Building Permits Rise to Highest Since 2007

    (Bloomberg) -- U.S. new-home construction remained robust in January and applications to build jumped to the highest level since 2007 as low mortgage rates and a solid labor market continued to fuel housing demand.Residential starts slipped 3.6% to a 1.57 million annualized rate, still the second-fastest

  • IMF Sees Rebound Despite Outbreak; Deaths at 2,000: Virus Update
    Bloomberg

    IMF Sees Rebound Despite Outbreak; Deaths at 2,000: Virus Update

    (Bloomberg) -- The International Monetary Fund reiterated that it sees a rebound in global growth this year, despite risks of a further spread of the coronavirus that has now killed 2,010 and infected 75,286 people around the world.China said it’s considering further measures to shield its economy from

  • Passengers begin leaving after ship's virus quarantine ends
    The Canadian Press

    Passengers begin leaving after ship's virus quarantine ends

    YOKOHAMA, Japan — About 500 passengers left the cruise ship Diamond Princess on Wednesday at the end of a much-criticized two-week quarantine aboard the vessel, docked in Japan, that failed to stop the spread of the new virus among passengers and crew.The quarantine's flop was underlined as authorities

  • Groupon’s Worst-Ever Decline Drives It to Record Low Amid Revamp
    Bloomberg

    Groupon’s Worst-Ever Decline Drives It to Record Low Amid Revamp

    (Bloomberg) -- Groupon Inc. plummeted a record 38% to an all-time low after delivering worse-than-expected results and announcing plans to stop selling goods -- a retreat for a company that once aspired to be a major shopping service.Earnings declined to 7 cents a share last quarter, excluding some items

  • Wall Street Has a New Big Bull on Tesla
    Bloomberg

    Wall Street Has a New Big Bull on Tesla

    (Bloomberg) -- Tesla Inc.’s potential success in energy generation and storage will be the next big thing to fuel the rally that’s already caused the stock to almost triple in the past year, analysts at Piper Sandler Cos. said as they increased their price target by more than 27%.Piper raised its target

  • There Is a Mania Going on in Tech Right Now, Estimize CEO Says
    Bloomberg

    There Is a Mania Going on in Tech Right Now, Estimize CEO Says

    Feb.19 -- Leigh Drogen, Estimize Inc. chief executive officer and founder, explains why he is wary of the recent runup in technology stocks. He speaks during an interview with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas." Evan Brown, UBS Asset Management head of multi-asset

  • Oil Hits Two-Week High on China Stimulus Hopes, Supply Risks
    Bloomberg

    Oil Hits Two-Week High on China Stimulus Hopes, Supply Risks

    (Bloomberg) -- Oil rose to a two-week high on hopes that economic stimulus from China can revive demand battered by the coronavirus, and as a number of OPEC nations faced threats to their production.Brent futures increased for a seventh day, the longest run of gains since early 2019, even as Chinese