(AFP) — Wall Street stocks declined early Friday following mixed US data that highlighted strong consumer spending and elevated inflation, while Amazon sank on disappointing results. The Commerce Department reported personal consumption expenditures climbed 1.1 percent, almost twice what analysts…
(AFP) — Twitter shares rose Monday following reports the company is poised to accept Elon Musk’s takeover offer, a dramatic shift after the board organized a “poison pill” to ward off the billionaire entrepreneur’s hostile buyout bid. The deal, which…
(AFP) — Wall Street stocks rose early Thursday as blowout earnings from Tesla and optimistic forecasts from airlines lifted sentiment after disappointing company reports earlier in the week. Tesla surged more than 10 percent as it reported a record $3.3…
By Glenn ChapmanAgence France-Presse (AFP) — Netflix shares lost a quarter of their value Tuesday after the company revealed its ranks of subscribers shrank in the first quarter of this year. It was the first time in a decade that…
(AFP) — Twitter plans to hold a meeting for employees concerned about Tesla Chief Executive Elon Musk’s influence on the company’s board, a Twitter spokesperson said Friday. The Twitter official did not disclose the timeframe or format for the meeting.…
By John BiersAgence France-Presse (AFP) — Tesla CEO Elon Musk, who has expressed concern over protecting freedom of speech in the “de facto public town square” of Twitter, disclosed Monday a large stake in the social media company, sending shares…
By: Thomas I. LiknessEagle News Service (Eagle News) — CP Rail and the union representing about 3,000 conductors, engineers, train and yard workers will let an arbitrator settle their contract dispute. Both sides agreed to binding arbitration early Monday meaning…
By: Thomas I. LiknessEagle News Service (Eagle News) — One of Canada’s two major railways has been shut down after more than 3,000 workers walked off the job Sunday to back contract demands. Conductors, engineers, train and yard workers are…
By: Thomas I. LiknessEagle News Service (Eagle News) — There’s good news for Canada’s travel industry following the announcement that Canada will drop the requirement for a pre-arrival COVID-19 test for fully vaccinated travellers. Health Minister Jean-Yves Duclos said Thursday…
By Jeff SanidadEagle News Service (Eagle News) — American Express announced it is suspending operations in Russia, joining credit card companies Mastercard and Visa, as Russia’s invasion of Ukraine intensifies. American Express Chairman and Chief Executive Officer Stephen J. Squeri…
