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CN drops bid and ends takeover battle for U.S. railway Kansas City Southern
Canadian National Railway Co. is dropping its takeover offer for Kansas City Southern, ending its takeover battle for the U.S. railway. The decision comes after KCS on Sunday ruled a rival bid by from Canadian Pacific Railway Ltd. was a…
Treasury yields tick lower ahead of Fed policy update
U.S. Treasury yields slipped for a third day early Wednesday ahead of the Federal Reserve’s policy update that is likely to underline the central bank’s commitment to keeping monetary policy easy.
What are Treasurys…
Evergrande strikes deal to meet Chinese bond payment, but foreign dollar in
A teetering Chinese real estate developer unexpectedly struck an 11th-hour deal to pay some of what it owes to its domestic investors on Wednesday, but foreign investors still owed millions of U.S. dollars on Thursday have so far been…
Union concerned about Oakville Ford plant’s future after report suggests
A U.S. automotive consultant says Ford is planning to stop making the Edge crossover utility vehicle, which raises questions about the future of the Oakville, Ont., assembly plant that builds it. Sam Fiorani, vice-president of global…
Why you’ll pay more for heat this winter; watch out for fake job scams:
Miss something this week? Don't panic. CBC's Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Brace yourself for higher heating bills this winter A rise…
Stock market news live updates: Stock futures steady after rally – Yahoo Finance
Stock futures kicked off the overnight session slightly lower following an afternoon rally on Wall Street.<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Shares of big…
Norwegian Air Shuttle cancels deal for remaining Boeing jets
Struggling Norwegian Air Shuttle ASA said it has notified Boeing Co. that it will cancel a deal to buy nearly 100 remaining planes, and is suing over losses related to the grounding of the 737-Max and 787 engine issues.…
Here’s how the stock market tends to trade after brutal selloffs like
U.S. stocks on Thursday booked their worst daily plunge since fears about the economic impact of measures to curtail the spread of the COVID-19 pandemic took root in investors’ psyches back in March.
The Dow Jones…
Barry Diller’s IAC may purchase magazine publisher Meredith
IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation. The deal,…
Stock market live Monday: Market finishes at session high, Dow up 580, S&P 500 goes positive for…
The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City.Spencer Platt | Getty ImagesThe stock market climbed higher…