Daily News

Source: Financialpost April 26, 2023

CN says rail traffic shows recession has already started

Volumes down 6% so far this month, 'reflecting weakness in the economy' Get the latest from Jake Edmiston straight to your inbox Sign Up The country’s biggest railroad thinks the landing from surging inflation and higher interest rate...

Source: Financialpost April 26, 2023

William Watson: If federal workers were really hard done by, they’d quit more often

Federal workers don’t seem to understand that they have it pretty good already “People hate us,” one unusually perceptive federal civil servant told the Ottawa Citizen’s Bruce Deachman from the picket line last week. Any chance of winning the h...

Source: BNN Bloomberg April 25, 2023

Stocks positioned to benefit from deal activity: Hot picks

Increased merger and acquisition (M&A) activity in the resources, sporting and biotech sectors has one investment professional calling for stocks that could benefit from the deal flow. In an interview with BNN Bloomberg’s Andrew Bell, Julian Klymochko, chi...

Source: BNN Bloomberg April 25, 2023

TSX recap: Index finishes slightly lower amid losses in financial stocks

Canada's main stock index edged downward to start the week as strong energy stocks helped balance out softness in financials, tech and battery metals, while U.S. markets were mixed. The S&P/TSX Composite Index was down 16.41 points, or 0.08 per cent, at 20...

Source: BNN Bloomberg April 25, 2023

U.S. stocks drift with focus on earnings; bonds rally

U.S. equities drifted at the start of a week packed with corporate earnings and economic data that may help illuminate the Federal Reserve’s path for interest rates. The S&P 500 was little changed and the Nasdaq 100 shed 0.2 per cent as manufacturing data...

Company News Source: BNN Bloomberg April 25, 2023

CN Rail rides higher grain volumes, oil prices to record first-quarter revenue

Canadian National Railway Co. says it reaped record first-quarter revenues due to a bumper grain crop and higher oil prices. CN is reporting revenues of $4.31 billion for the quarter ended March 31, a 16 per cent boost from $3.71 billion a year earlier....

Source: Financialpost April 25, 2023

The United States' sanctions on Russia, China have a dirty secret

Watch: The effect of U.S. sanctions on companies doing business in China and Russia Mark Warner, principal counsel at MAAW Law, speaks with the Financial Post’s Larysa Harapyn about the effect of United States sanctions on companies doing busin...

Source: Financialpost April 25, 2023

Diane Francis: Trudeau spends tax dollars like a spoiled child — and still can't keep the greedy unions happy

Taxes are high and will get higher if civil servants get the double-digit wage increase they're demanding The strike and wage demands by Canada’s already overpaid public-service workers adds insult to the injury most Canadians will suffer durin...

Source: Financialpost April 25, 2023

Posthaste: Albertans hit hardest by inflation as 'Alberta advantage' melts away

And it's not because prices are higher Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. We apolog...

Source: Financialpost April 25, 2023

Tucker Carlson’s Fox News exit wipes out $690 million in value

Shares of Fox Corp. sank as much as 5.4% Tucker Carlson, one of the most popular Fox News prime-time hosts, was worth more than $690 million to the parent company. At least that is what trading in the stock indicates. THIS CONTENT IS RE...