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Port of Montreal dockworkers begin three-day strike at two terminals
MONTREAL — Dockworkers kicked off a three-day strike at the Port of Montreal on Monday, shutting down two terminals that handle more than 40 per cent of the container traffic at Canada's second-largest port.
Sep 30, 2024 2:24 PM
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Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Sep 30, 2024 1:12 PM
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Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy.
Sep 30, 2024 1:04 PM
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Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition
MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker , slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.
Sep 30, 2024 12:25 PM
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Indigenous-related capital markets activity set to grow significantly, report says
TORONTO — Canada is poised to see significant growth in Indigenous-related project financing, international credit rating agency Morningstar DBRS said Monday.
Sep 30, 2024 12:24 PM
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Controlling interest in owner of hockey brand Bauer to be sold to Fairfax affiliates
The owner of Bauer Hockey says affiliates of Fairfax Financial Holdings Ltd. will acquire controlling interest in its overall business. Peak Achievement Athletics Inc.
Sep 30, 2024 10:04 AM
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CDPQ increases stake in dairy company Saputo with $378M share purchase
MONTREAL — The Caisse de dépôt et placement du Québec has increased its stake in dairy company Saputo Inc. The Quebec investment manager says it has acquired 13.5 million shares at a price of $27.96 per share for a total of about $378 million.
Sep 30, 2024 9:14 AM
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DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuit
DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years, as seeks to better compete against streaming services that have become dominant.
Sep 30, 2024 6:41 AM
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AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry.
Sep 30, 2024 5:56 AM
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AI companies could be more transparent to help users make informed choices: Meta VP
TORONTO — Ask Meta Platforms Inc.'s head of artificial intelligence research how the technology could be made safer and she takes inspiration from an unlikely place: the grocery store.
Sep 30, 2024 3:00 AM
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