Morpheus.Network Taps Justin Rush as the New Head of Product

The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
Global News
Loblaw boycott begins — will Canada's biggest grocer feel the pinch?
The campaign to boycott Loblaw stores has officially kicked off, but will Canadians stop shopping at the grocery giant's various banners — including the Real Canadian Superstore, Shoppers Drug Mart, No Frills, T&T, Zehrs, Provigo, and Dominion? Anne Gaviola explains what's prompted the boycott, and whether it will have a meaningful impact.
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
CNN Business
What went wrong at Red Lobster
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.
Yahoo Finance Canada
Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices
"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."
Bloomberg
Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventTrump Auditions VP Picks Before Wealthy Donors in Palm BeachTurkey Confirms All Trade Halt W
CBC
Frustrated shoppers boycott Loblaw stores for month of May
Canadians frustrated with rising groceries prices have pledged to boycott Loblaw-owned stores for the month of May. On the same day it was set to begin, Canada's largest grocer reported a nearly 10 per cent increase in profits.
Bloomberg
World’s Most Important Oil Price Transformed by Adding US Crude
(Bloomberg) -- After years of skepticism, criticism and trader furore, the world’s most important oil price is working better than ever thanks to an infusion of crude from west Texas.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Picks Before Wealthy Donors in Palm
The Canadian Press
Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms
CALGARY — Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand. The Calgary-based company said Friday its comparable earnings from its Canada, U.S. and Mexico natural gas segments amounted to $2.37 billion in the first three months of 2024, up from $2.18 billion in the same period of 2023. The company said deliveries on its NGTL system, which transports natural gas from
Financial Post
Posthaste: Over half of Canadians would pay more to support small grocers
58% would choose to pay more for items and services to support a small business
Reuters
Ahead of Xi visit, Chinese share of French EV market slumps
PARIS (Reuters) -French government efforts to slow an influx of Chinese-made electric vehicles are bearing fruit, industry data show, highlighting one of the most sensitive trade issues when China's president visits next week. A surge in imports of Chinese electric cars into Europe has triggered EU tariff threats, which are expected to be a bone of contention when President Emmanuel Macron hosts his Chinese counterpart for a state visit on Monday. France did not wait for a European Union decision on implementing tariffs, instead redesigning its cash bonus scheme in December to exclude the purchase of models made in China, which had rapidly gained market share.
Reuters
Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines. Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies. BHP offered to buy Anglo last week, though Anglo rejected the proposal that would create the world's biggest copper miner, saying it undervalues the company.
The Canadian Press
CN, CPKC workers approve strike mandate as possible work stoppage looms
Employees at Canada's two biggest railways have authorized a strike that could see thousands of workers walk off the job in three weeks if they are unable to reach new deals on contract demands. About 6,000 employees at Canadian National Railway Co. and 3,300 at Canadian Pacific Kansas City Ltd. voted more than 97 per cent in favour of a strike mandate this week, the Teamsters Canada Rail Conference said Wednesday. “After six months of negotiations with both companies, we are no closer to reachi
Reuters
UPDATE 1-US appeals court says kids' climate lawsuit must be dismissed
A U.S. appeals court on Wednesday said a lawsuit filed by 21 young people claiming the U.S. government's energy policies violate their rights to be protected from climate change must be dismissed, this time for good. A three-judge panel of the San Francisco-based 9th U.S. Circuit Court of Appeals said in a five-page order that the case should have been dismissed after the court first weighed in on the matter in 2020, when it said courts could not mandate broad policy changes that are better left to Congress and the executive branch. While the young plaintiffs have since trimmed the lawsuit to seek only a declaration that their rights have been violated, the 9th Circuit said lawsuits must address harms that can be remedied by courts and such a declaration would not directly help the plaintiffs.
Business Insider
Court documents reveal Google's payments to Apple increased to an eye-watering $20 billion
Documents in the antitrust case against Google revealed that the price it pays to be Apple's default search engine has increased over the years.
CBC
Government confirms more details of return-to-office plan
The federal government has released more details about its plan to bring public servants back to the office three days a week, and says it expects departments to implement the updated hybrid schedule by early September.On its website Wednesday, the Government of Canada published a detailed directive on "prescribed presence in the workplace" for deputy heads of departments to follow. Earlier this week, a federal government source who was not authorized to speak publicly about the matter confirmed
GOBankingRates
How Much Is Your Paycheck Working as a Trader Joe’s Employee?
Despite not offering nearly as many products as traditional grocery stores, Trader Joe's has some of the most devout shoppers in the U.S. The chain is also an outstanding employer. Aldi vs. Trader...
Reuters
UPDATE 1-Ahead of Xi visit, Chinese share of French EV market slumps
French government efforts to slow an influx of Chinese-made electric vehicles are bearing fruit, industry data show, highlighting one of the most sensitive trade issues when China's president visits next week. A surge in imports of Chinese electric cars into Europe has triggered EU tariff threats, which are expected to be a bone of contention when President Emmanuel Macron hosts his Chinese counterpart for a state visit on Monday. France did not wait for a European Union decision on implementing tariffs, instead redesigning its cash bonus scheme in December to exclude the purchase of models made in China, which had rapidly gained market share.
CBC
More people are working in Calgary than ever, and yet the unemployment rate is on the rise
The huge influx of newcomers to Alberta has helped drive the job market in Calgary into strange territory, with the city seeing record levels of employment and surging levels of unemployment at the same time. The unemployment rate shot up to 6.5 per cent in March, up 0.4 percentage points from the month before. The increase was driven not by a loss of jobs but rather the sheer growth in people looking for work.An estimated 64,500 people in the Calgary metropolitan area were looking for work, acc
Barrons.com
Ford Stock Is Moving Up. Monthly Sales, and 2 More Things, Are Helping.
Ford stock is having a good day, for a few reasons. Thursday, Citi analyst Itay Michaeli raised his Ford price target to $18 from $16 after spending time with the company. “Management conveyed a confident tone,” wrote Michaeli.

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

TD INVOLVED IN DRUG MONEY LAUNDERING, WSJ REPORT ALLEGES

Morpheus.Network Taps Justin Rush as the New Head of Product

Latest Stories

Accounting firm used by Trump Media hit with ‘massive fraud’ charge

Loblaw boycott begins — will Canada's biggest grocer feel the pinch?

US stands to lose Canadian natural gas when LNG Canada terminal starts up

What went wrong at Red Lobster

Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million

Frustrated shoppers boycott Loblaw stores for month of May

World’s Most Important Oil Price Transformed by Adding US Crude

Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms

Posthaste: Over half of Canadians would pay more to support small grocers

Ahead of Xi visit, Chinese share of French EV market slumps

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

CN, CPKC workers approve strike mandate as possible work stoppage looms

UPDATE 1-US appeals court says kids' climate lawsuit must be dismissed

Court documents reveal Google's payments to Apple increased to an eye-watering $20 billion

Government confirms more details of return-to-office plan

How Much Is Your Paycheck Working as a Trader Joe’s Employee?

UPDATE 1-Ahead of Xi visit, Chinese share of French EV market slumps

More people are working in Calgary than ever, and yet the unemployment rate is on the rise

Ford Stock Is Moving Up. Monthly Sales, and 2 More Things, Are Helping.