Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada. Ian Willms | Getty Images Canada’s Labor Minister Steven MacKinnon announced at a press conference on Thursday that he had directed the Canada Industrial Relations Board (CIRB) to review his …
Nelson Peltz adds stake in U-Haul Trian Fund Management added a nearly $80 million position in U-Haul Holding during the second quarter, according to a securities filing released Wednesday. Trian is run by activist investor Nelson Peltz, though it is not clear if he is trying to influence company management …
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market. The Chinese economy — home to more than …
Wall Street ended a strong first half of the year on a somewhat sour note, with all three major U.S. stock averages closing lower Friday after a higher open. The Nasdaq inched up 0.24% for the week as tech bounced back. Meanwhile, the S & P 500 and the Dow …
My top 10 things to watch Friday, June 28 The S & P 500 and Nasdaq are on track for their fourth-straight session of gains Friday after the Federal Reserve’s preferred inflation gauge showed that inflation cooled in May. Entering the final trading day of the second quarter, the S …
Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of Nike plunged on Thursday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it …
Here are the biggest calls on Wall Street on Wednesday: Stifel initiates Tesla at buy Stifel said it’s bullish on Tesla for the long term. “We believe TSLA is very well positioned to deliver robust multi-year growth in 2025-27+. In the near term, the revamped Model 3 and upcoming Model …
Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the week slightly higher. The Dow , …
Napheesa Collier #24 of the Minnesota Lynx shoots a free throw during the game against the New York Liberty on May 25, 2024 at Target Center in Minneapolis, Minnesota. Jordan Johnson | National Basketball Association | Getty Images A new women’s basketball league has attracted a star-studded roster of investors …
A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Off-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but it’s not just because consumers are under pressure and hunting for value. Persistent inflation and rising prices for essentials like …