Latest News
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Air Canada shares soar after it sells 25% stake in Aeroplan for $2.5 billion
Air Canada shares are taking flight after the country’s largest airline announced it would sell a quarter of its Aeroplan loyalty program to Blackstone and a group of Canadian pension funds for $2.5 billion. The…
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Air Canada reports $178M second-quarter loss, down from $186M profit last year
Air Canada reported a net loss of $178 million during the second quarter, compared to net income of $186 million during the same period a year earlier. That amounted to a diluted loss per…
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Oil prices fall as investors weigh falling demand against Middle East tensions
https://www.cnbc.com/2026/08/13/oil-spill-near-oman-worries-over-supply-.html
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U.S. wholesale price inflation slows to 4.7% in July as gas, food costs fall
Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. The Labor Department’s…
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LeBlanc to meet with U.S. trade chief as tariff deadline nears
Prime Minister Mark Carney’s top trade emissaries are set to meet on Thursday afternoon with Donald Trump’s trade chief for the second time this week as they scramble to reach a deal before the U.S.…
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Canada, US not yet ready to make tariff deal, Canada unsatisfied with latest US offer: sources
As the clock ticks toward U.S. President Donald Trump’s latest tariff deadline, Canada and the U.S. aren’t at a point where a tariff deal can be reached — and Canadian officials are not satisfied with…
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Court Says Enbridge Pipeline Trespasses on Native Land
Enbridge is rerouting a $1-billion, 41-mile-line pipeline off of tribal lands in Wisconsin while still operating a disputed pipeline on a reservation By Annemarie Mannion August 12, 2026 A federal appeals court has upheld a lower…
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Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
https://www.cnbc.com/2026/08/12/bob-iger-joshua-kushner-buy-los-angeles-lakers-from-mark-walter.html
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U.S. consumer prices rise slightly in July, easing inflation concerns
U.S. consumer prices barely increased in July as the cost of gasoline declined for a second straight month, while underlying inflation was benign, further reducing the odds of an interest rate hike from the Federal…