Latest News
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How the historic SpaceX IPO is turning everyday workers into overnight millionaires
SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former employees who received stock as part of their compensation. Workers who hold stock in non-public companies are subject to restrictions that…
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Johnson & Johnson CEO credits Trump tax policy for $55B US investment push, including $1B in Florida
Johnson & Johnson is betting big on America, crediting Trump tax policies, top talent and a strong investment environment for inspiring a $55 billion U.S. investment push that spotlights growing confidence in U.S. manufacturing. “We have…
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Carney says he’s seen U.S.-Iran framework to end war, calls it a ‘game changer’ in CNN interview
Prime Minister Mark Carney says he’s seen a copy of the preliminary deal struck between the U.S. and Iran to end hostilities in the Middle East and is calling it a “game changer.” “I have…
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June 16/26: TSX hits record high as U.S.-Iran deal optimism boosts risk sentimen
Canada’s main stock index rose to a record high on Tuesday after U.S. President Donald Trump said at the G7 summit that Washington’s deal with Tehran was moving ahead. At 10:42 a.m. ET, the Toronto…
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SpaceX stock jumps 20% in first full day of trading after record debut
SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq. Roughly 244 million shares changed hands. Trading volume on Friday topped 500 million shares, approaching…
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Manufacturing sales up 4.2 per cent in April, Statscan says
Statistics Canada says manufacturing sales rose 4.2 per cent to $77.1-billion in April, as the petroleum and coal product group hit a record high. Petroleum and coal product sales jumped 22.6 per cent to $11.8-billion,…
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Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Oil prices slumped 5 per cent to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed terms to end their war and reopen the Strait of Hormuz.…
