Yahoo FinanceBlackstone to Sell Stakes in Vegas' MGM and Mandalay Bay Casinos
Always bet on Black...stone. On Thursday, investment firm Blackstone agreed to sell its minority stake in two Las Vegas hotels in a deal that...
Always bet on Black...stone. On Thursday, investment firm Blackstone agreed to sell its minority stake in two Las Vegas hotels in a deal that...
Amazon's surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding. The e-commerce giant had launched AmazonSmile in 2013, contributing 0.5% of every purchase made by participating customers to the charity of their choosing. As of 2022, the company said it has donated $449 million to various charities. Before it ends the program next month, Amazon says, it will provide a f
RBC Royal Bank is increasing its prime rate by 25 basis points to 6.70 per cent from 6.45 per cent, effective January 26, 2023.
Fifteen years ago, Canadian Immigrant magazine launched the first and only national awards program celebrating immigrant success. Today, with the support of presenting sponsor Western Union, we are proud to open the call for nominations for the 15th annual Top 25 Canadian Immigrant Awards of 2023.
Kuva Systems, the leading Industrial IoT Platform using image-based continuous monitoring of methane emissions for the oil and gas industry, today announced the closing of its $11.3 million Series A financing round. The proceeds from this round will be used to accelerate growth of its Gas Cloud Imaging platform, used by oil and gas companies in North America to find, fix and prevent methane super-emitters and accelerate the reduction of methane emissions.
Eastlink confirmed today that it has begun to connect residents in Mindemoya to its newly upgraded fibre network bringing high speed internet to residents and businesses in the town.
TOKYO (Reuters) -Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, experts and people familiar with the firm said. The 66-year-old Toyoda on Thursday announced he would step aside as leader of the company his grandfather founded from April 1 to take the role of chairman. In recent years Toyota has become a target of activists and green investors who had once heralded its hybrid technology, but who now slate its belated embrace of electric vehicles (EVs).
The dollar edged higher against the euro on Thursday after data showed the U.S. economy maintained a strong pace of growth in the fourth quarter, backing the case for the U.S. Federal Reserve to maintain its hawkish stance for longer. A separate report from the Labor Department showed initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 186,000 for the week ended Jan. 21. "A somewhat mixed picture painted by the U.S. data," said Stuart Cole, head macro economist at Equiti Capital in London.
OYA Renewables ("OYA"), a leading energy transition solutions platform, today announced that two new community solar projects have been selected as part of the first round of a community solar program, known as Expanded Solar For All (E-SFA), that delivers the benefits of clean energy to underserved New Yorkers. The awarded solar projects, which will generate over 13 megawatts (MWs) of clean energy, will be automatically fully subscribed with National Grid customers enrolled in its Energy Afford
Diageo, the world's largest spirits maker, signalled on Thursday that robust demand for its drinks as people made pricey cocktails at home during COVID-19 lockdowns may be slowing in some parts of the world, particularly North America. Its shares dropped almost 7%, shaving about 5 billion pounds ($6.2 billion) off the company's market value even as Diageo posted forecast-beating first-half sales thanks to price hikes and as more people drank premium spirits. Since the pandemic, Diageo has benefited from people splurging on more expensive types of alcohol while staying home under lockdown.
Spurred by a solid rally on Wall Street after upbeat U.S. economic growth data on Thursday, Asian stocks on Friday are set to continue their remarkable run and chalk up a fifth weekly rise in a row. Investors are already feeling positive about China's economic re-emergence from nearly three years of COVID-19 restrictions, pouring record sums into emerging market debt and equity funds, according to Bank of America. There are no major Asian economic indicators or corporate earnings releases on Friday to really drive market direction, and volumes will be relatively light due to China still being closed for Lunar New Year.
Toronto-based Alex Krawczyk is known at home and abroad for her chart-topping hits, "There Will be Light," "Better Days," and "Turning." Her 2022 debut album, Le Olam, introduced both fans and critics to her folk-pop blend of songwriting. The album earned Alex a nomination for Best New Artist at the 2023 Canadian Folk Music Awards. Now, Alex is releasing a stand-alone single, "A Song for You."
Nokia on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker said it had been able to gain market share, benefitting from 5G roll-out in countries such as India. "We are taking market share now," Chief Executive Pekka Lundmark told Reuters, adding the growth was broad-based and calling India "the highlight of this story". Nokia shares opened up 5.8% in Helsinki.
George Schwab perfected the art of never saying no to a guest at the luxury hotel chain
TOKYO (Reuters) -Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, experts and people familiar with the firm said. The 66-year-old Toyoda on Thursday announced he would step aside as leader of the company his grandfather founded from April 1 to take the role of chairman. In recent years Toyota has become a target of activists and green investors who had once heralded its hybrid technology, but who now slate its belated embrace of electric vehicles (EVs).
A New Year rally in U.S. corporate bonds has started to lose some momentum, as some investors become skeptical of recent optimism about a 'Goldilocks' economic scenario of slowing inflation against a backdrop of moderate growth. Credit spreads for both investment-grade and high-yield bonds have been tightening in recent months, and more so this month, as lower inflation prints raised hopes of a pivot in the Federal Reserve's current hawkish policy. Seen as a measure of perceived risk compared to holding safer government bonds, spreads for investment grade bonds narrowed some 10 basis points so far in January and in total about 37 basis points since early October, while junk-rated debt spreads have come in 52 basis points and 116 basis points, respectively, in the same period.
Dave McKay says 'unprecedented liquidity' will provide powerful stimulus for recovery
Adani Group said on Thursday it is evaluating "remedial and punitive action" under U.S. and Indian laws against short-seller Hindenburg Research, which in a report accused the conglomerate of improper use of offshore tax havens. Shares in seven listed group companies of Adani lost $10.73 billion in market capitalisation in India on Wednesday after Hindenburg released the report, which also said it held short positions in the conglomerate through its U.S.-traded bonds and non-Indian-traded derivative instruments.
You can buy cheap TSX stocks such as Suncor and Nuvei right now to enjoy outsized gains once the markets recover. The post 3 TSX Stocks That Are Too Cheap to Ignore appeared first on The Motley Fool Canada.
Maple Leaf Foods, Inc. (TSX: MFI) has been named to the Forbes list of Canada's Best Employers 2023. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on January 25, 2023 and can be viewed on the Forbes website.
STOCKHOLM (Reuters) -Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world's second-biggest fashion retailer's fiscal fourth quarter, was 821 million crowns ($79.7 million) against 6.26 billion a year earlier and a mean forecast of 3.67 billion in a Refinitiv poll of analysts. H&M, which had already reported that sales in the quarter were flat, said on Friday that sales from Dec. 1-Jan. 25 - the start of its fiscal first quarter - were up 5% in local currencies.