Canada Goose Shares Drop after Plans to Cut 17 of Corporate Workforce
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Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Air Canada apologizes after headdress of First Nations chief removed to hold
Politicians decry ‘shameful’ incident on domestic flight in which Cindy Woodhouse Nepinak’s headdress was taken by airline staff. Canada’s largest airline has apologized to a prominent First Nations chief after her ceremonial headdress was removed ...The Guardian - World -
Orca calf successfully returned to open water after bold rescue in Canada
Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon. An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open ...The Guardian - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - Business -
Biden Administration Drops Plan to Ban Menthol Cigarettes
The administration is reversing course on its plan after the White House weighed the potential public-health benefits of banning minty smokes against the political risk of angering Black voters.The Wall Street Journal - World - Joe Biden -
Biden Administration Shelves Plan to Ban Menthol Cigarettes
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.The Wall Street Journal - Business - Joe Biden -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Biden administration pushes back plan to ban menthol cigarettes
The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after warnings that it could push away some Black voters. The Wall Street Journal reported on Friday the White House dropped its plans for the ban after weighing ...The Hill - Politics - Joe Biden -
US West seeks development of workforce, sustainable economy
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story US West seeks development of workforce, sustainable economy As hotspots across the U.S. West strengthen their stature as hubs for technological ...The Hill - Politics -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
Snap’s 2024 plans are showing signs of paying off, and shares soar 25%
Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengthen its advertising business.MarketWatch - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines is one of Boeing's biggest customers and flies only 737s.CNBC - Business -
Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025
Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025.NBC News - Top stories -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
How to Align Corporate Gifts with Conscious Gifting
Learn about the current trends in gift-giving and how they can help you maximize the impact of your gifts.Inc. - Business -
Corporate insolvencies in England and Wales fall in March
First annual decline in volatile data set since July 2023 but numbers remain higher than pre-pandemic averageFinancial Times - World -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - Business -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - World -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Wrexham schedules 3 games in US and Canada in July
Ryan Reynolds and Rob McElhenney are taking Wrexham back to the United States this summerABC News - Sports -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Cidara Therapeutics shares surge 30% after reacquiring flu treatment
Shares of Cidara Therapeutics rose sharply after the company announced a reshuffling of its portfolio of drug candidates.MarketWatch - Business -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
The 17 Best Movies on Amazon Prime Right Now
From Road House to Bottoms, these are the must-watch films on Amazon Prime Video.Wired - Tech -
Reggie Bush plans to continue his fight against the NCAA after the return of his Heisman Trophy
Reggie Bush says the return of his Heisman Trophy is the biggest step yet in his fight against the NCAA to restore his reputation and his records from his incredible career at Southern CaliforniaABC News - Sports -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
Meet the AI Expert Advising the White House, JPMorgan, Google and the Rest of Corporate America
Ethan Mollick at the University of Pennsylvania has become the go-to authority on the new technologyThe Wall Street Journal - Tech - Google