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Stock market news live updates: Stocks drop as coronavirus case counts rise by records in some…
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Stocks fell Wednesday morning, following global equities lower as rising numbers of Covid-19 infections in some regions…
Feds sign $105-million deal with Bombardier for two new Challenger jets
The federal Liberal government has inked a sole-source deal with Quebec aerospace firm Bombardier to purchase two new Challenger jets to replace half the existing executive aircraft fleet of the Canadian Armed Forces. The $105-million…
Whether COVID-19 boosters get approved or not, Pfizer and Moderna have
It’s likely that millions of COVID-19 booster shots will be administered in the U.S. in the coming months, but that doesn’t mean companies like Moderna Inc. and Pfizer Inc. will report an unexpected revenue…
Stock market live Tuesday: Rally into the close, Dow gains 526, economy roaring back – CNBC
A person walks at the Wall Street subway stop in New York City.Angela Weiss | AFP | Getty ImagesU.S. equities rose on Tuesday, helped by a bevy of bullish news, including a historic jump in retail sales and positive data from a study in a…
OPEC and allied nations extend nearly 10 million barrel per day oil output
OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to encourage stability in energy markets hard hit by the global economic crisis resulting from…
Cineworld scraps $2.8-billion takeover of Canada’s Cineplex, setting up
International movie theatre chain Cineworld PLC says its deal to buy Cineplex Inc. for $2.8 billion is off, claiming that "certain breaches" of the contract were made by the Canadian company. But Cineplex fired back late Friday,…
CEO asks employees to lie on timecards or risk job losses — violating
Several workers of a high-profile company say they were pressured into giving up paid vacation days, then told to lie about it on their timecards — or risk job losses during the height of the pandemic. In an internal company video…
Stock market news live updates: Stock futures edge lower after Thursday’s rout on Wall Street…
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Stock futures fell Thursday evening, extending declines after the three major indices closed out their worst day since…
U.S. natural gas giant Chesapeake Energy goes bankrupt
Bankrupt U.S. shale pioneer Chesapeake Energy on Monday laid out its long-term plans and detailed dramatically reduced drilling through the end of the year, with half the rigs as it had to start 2020. Chesapeake on Sunday became the…
Global economy will suffer as long as rich countries don’t help vaccinate
A leading international economic watchdog urged developed countries to put more effort into providing low-income countries with coronavirus vaccines in order to ensure that the global recovery from the pandemic is more even. In its…