Economy
U.S. Jobless Claims Fall to 226,000, Layoffs Remain Low
U.S. applications for unemployment benefits fell modestly last week to 226,000, signaling continued low layoff rates and a robust job market.
The Editorial Team 591 articles
Stocks
SuperReturn Berlin: Trillions in Capital Face Protesters’ Fury
A SuperReturn private equity summit in Berlin, gathering investors with $50 trillion in assets, faced vocal protests accusing the industry of driving...
Stocks
Biogen Acquires RayThera for Up to $1 Billion, Bolstering Immunology Pipeline
Biogen Inc. announced an agreement to acquire private biotech RayThera Inc. for up to $1 billion, significantly expanding its immunology portfolio with...
Investing
Illinois Enacts 0.2% Crypto Tax, Industry Decries “Most Punitive” Law
Illinois Gov. JB Pritzker signed a law imposing a 0.2% tax on digital asset services, drawing sharp criticism from industry groups who...
Stocks
Estée Lauder, Jo Malone Launch Pinterest Scent Scanner
The Estée Lauder Companies and Jo Malone London introduced Scent Scanner, an exclusive Pinterest experience translating visual preferences into fragrance recommendations, launching...
Finance
OCC Approves Santander’s $12.2 Billion Webster Bank Acquisition
The OCC has approved Santander's $12.2 billion acquisition of Webster Bank, a key regulatory step. The deal awaits Federal Reserve and ECB...
Economy
EVIO Opens Dorval Office, Consolidating Operations for Hybrid-Electric Aircraft
EVIO has officially opened its new Dorval, Québec office, bringing together key functions to advance its hybrid-electric regional aircraft program. The facility...
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...
World Business
Carney Downplays Trump Meeting Absence at G7 Amid Trade Talks
Canadian PM Mark Carney concluded the G7 without a formal U.S. bilateral, dismissing snub claims despite looming trade uncertainty. He cited numerous...