Here’s how the bank did: Adjusted earnings of $4.32 per share vs. $3.41 estimate Revenue of $39.34 billion vs. $36.19 billion estimate The bank also boosted a key piece of […]
Category: Uncategorized
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U.S. jobless claims rise but remain at historically low levels
U.S. applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the […]
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What Dominion’s lawsuit could mean for Fox and its cable TV networks
Dominion Voting System’s defamation lawsuit against Fox Corp. and its cable TV networks will go to trial on Monday. Industry analysts and experts watching the case say the biggest consequence […]
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Amazon jumps into the generative A.I. race with new cloud service and its own large language models
Amazon Web Services is launching the Bedrock service for generative artificial intelligence in limited preview. Through Bedrock, clients can use language models from Amazon and startups AI21 and Anthropic, as […]
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Brookfield to acquire freight container company Triton International for $4.7-billion
Brookfield Infrastructure Partners LP BIP-UN-T -0.32%decrease is acquiring the world’s largest freight container player, Triton International Ltd., for US$4.7-billion in cash and shares, as the industry seeks to rebound from an inventory overhang […]
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Trudeau Foundation to review China-linked donation
Donors Zhang Bin (second from left) and Niu Gensheng (third from right), are seen with Université de Montréal officials and Alexandre Trudeau, a member of the Pierre Elliott Trudeau Foundation […]
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At midday: TSX rises on BoC holding rates, softer U.S. inflation
Canada’s main stock index rose on Wednesday after the Bank of Canada kept interest rates unchanged, while signs of cooling inflation in the U.S. boosted investor sentiment on hopes of […]
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‘Rate cuts are likely before the year is out’: How investors and economists are reacting to today’s BoC policy decision
The Bank of Canada Wednesday left its key overnight interest rate on hold at 4.50% as expected and raised its growth forecast for this year, while keeping the door open to further […]
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Investors who day trade inside TFSAs to face tax bills after ruling
A tax court judge’s ruling that an investor who was day trading stocks in his tax-free savings account must pay tax on the income opens the door to hefty tax […]