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FedEx’s lower full-year forecast sinks its stock, as customers look to save
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
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Pygmy hippo Moo Deng, the internet’s favourite meatball, may soon get her
Only a month after Thailand's adorable baby hippo Moo Deng was unveiled on Facebook, her fame became unstoppable both domestically and internationally. Zookeeper Atthapon Nundee has been posting cute moments of the animals in his care…
Builders FirstSource’s stock rises as it names new CEO
Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.
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U.S. Federal Reserve cuts interest rates by half a percentage point
The U.S. Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing…
Here’s one way Boeing plans to preserve cash amid strike
Furloughs for employees and pay cuts for executives are coming at Boeing.
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New home construction down 22% in August, says CMHC
Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July.The national housing agency says the seasonally adjusted annual rate of housing…
Gold is giving you a once-in-a-generation buying opportunity on its way to
The upside breakout in gold prices has more room to run.
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Boeing says it’s considering temporary job cuts during factory worker
Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers' strike that began last week, the company told employees Monday.The company said the moves, which include reduced…
Trump crypto project: Why there’s ‘enormous potential downside’ for the
Donald Trump’s family is preparing to launch a new crypto project on Monday evening, and while many digital-asset boosters are cheering the venture as further evidence of the former president’s dedication to crypto, several supporters…
Canada relaxes some mortgage rules to tackle housing crisis
Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, though some housing experts are doubtful of their long-term impact.The government will increase …