Brookfield Places $2 Billion Bet on SpaceX Ahead of IPO

Brookfield said it has amassed SpaceX shares at the current pre-IPO mark, with about $1 billion of the shares owned directly and the remainder by its affiliates.

Canada Aims to Double Power-Grid Capacity By 2050 — Update

OTTAWA--Canadian Prime Minister Mark Carney said the country needs to double the capacity of its electricity grid by 2050, a project with a trillion-dollar price tag but necessary to ensure the ...

Mortgage rates tick lower to 6.36%. Here's why the decrease probably won't last.

Mortgage rates are in a lull - but for how long? Mortgage rates edged lower on Thursday after increasing for two weeks - but the relief for buyers probably won't last. The average 30-year fixed-rate ...

Chevron to Sell Some Asia-Pacific Assets to Japan's Eneos for $2.17 Billion — Commodities Roundup

Chevron to Sell Some Asia-Pacific Assets to Japan's Eneos for $2.17 Billion Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan's Eneos for $2.17 billion, as it ...

C.H. Robinson Worldwide Shares Decline After Supreme Court Rules Company Could Be Liable for Negligent Hiring

Shares of C.H. Robinson Worldwide slipped after the Supreme Court ruled that a man struck by a truck coordinated by the global logistics company can sue the firm for negligent hiring. The stock ...

Alibaba's Current Investment in AI Yields Negative Return but Benefit Will Be Seen in the Long Term

Alibaba's number of annual active consumers in the China retail marketplace was surpassed by PDD in the fiscal year ended March 2021. Meanwhile, Douyin has gained share from Alibaba, especially in the ...

On Holding Has Achieved a Competitive Edge Through Excellent Brand Management and Product Innovation

We rate On as a narrow-moat company based on its brand intangible asset. The company has established itself in the running footwear category with its signature CloudTec soles.
Morningstar

'Several days have passed': The restaurant failed to process my 20% tip. Is it cheating the staff?

We used a gift card to pay for dinner the other night. When I checked the transactions online, the 20% tip - which I wrote on the merchant copy after the server returned the card - had not been added ...

Manulife Financial Down Over 6%, on Pace for Largest Percent Decrease Since April 2025 — Data Talk

Traded as low as $36.97; lowest intraday level since April 13, 2026, when it hit $36.27 --Down 7.23% at today's intraday low; largest intraday percent decrease since April 10, 2025, when it fell as ...

Honda Suspension of EV Project Marks Latest Setback for Canada's Struggling Auto Sector — Update

Ford Motor abandoned its EV plans at a factory near Toronto and instead, opted two years ago to boost output of its popular F-series pickup trucks. Canada last week disclosed it gave Ford nearly C$500 ...

Cerebras's stock set for blast off, as early indications point to a near doubling

Early indications showed that the stock (CBRS) was set to open on the Nasdaq around $353, or 91% above where the initial public offering priced, according to FactSet data. At the indicated price, ...

Daikin Is Poised To Raise Profitability Amid Ongoing Cost Savings and Selling Price Hikes

Daikin is one of the world’s largest heating, ventilation, and air conditioning companies. The air conditioning segment constantly contributes to over 90% of the company's revenue, and the division’s ...