News
Ford and SK receive $9.63 billion DOE loan
The U.S. Department of Energy (DOE) has finalized a $9.63 billion loan to fund a joint venture between Ford Motor...
Honeywell announces potential portfolio transformation
Honeywell International Inc. announced today that it is considering separating its aerospace business, following Elliott Investment Management's call for the...
Arm and Qualcomm begin trial
The trial between Arm and Qualcomm is set to begin in a Delaware courtroom today, potentially impacting the emerging market...
Musk takes to X to debate SEC demands
The U.S. Securities and Exchange Commission (SEC) has issued a 48 hour settlement demand for Elon Musk. Musk later shared...
China shows willingness to build ties with US
This week, President Xi Jinping sent a strong signal that China is willing to resolve trade issues with the US...
Costco celebrates growth in e-sales in Q1 revenue results
Costco Wholesale Corporation announced its Q1 results for the first quarter of fiscal 2025, recording a 7.5% growth in sales....
Biden finalizes crackdown on overdraft “junk fees”
Today, the Consumer Financial Protection Bureau released a statement declaring it has closed "an outdated overdraft loophole that exempted overdraft...
Bank of Canada delivers expected rate cut
The Bank of Canada, as predicted, delivered an expected rate cut - reducing its policy rates by 50 basis points....
Adobe reports strong FY24
Adobe's Q4 earnings surpassed Wall Street's expectations, but their updated 2025 forecast is lower than previous estimates. On a year-over-year...
Inflation data shows the US and Canada are on track for December rate cuts
New inflation data released today showed consumer prices in the US rose as predicted for November. Experts believe the data...
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