World Business
Ford Commits $499M to Canada Engine Plant, CEO Defends USMCA Renewal
Ford Motor Co. is investing C$700 million ($499 million) in its Windsor, Ontario engine plant following a new union contract, while CEO...
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Finance
ACI Worldwide Weighs $1.5 Billion Billing Unit Sale
Payments provider ACI Worldwide is reportedly considering divesting its billing business, a move that could value the unit at approximately $1.5 billion....
Economy
Gold Holds Steady as Geopolitical Tensions Clash With Fed Rate Hike Bets
Gold prices stabilized around $4,010 an ounce despite escalating US-Iran hostilities, as market focus shifts to the Federal Reserve's potential interest rate...
Markets
Rupiah Stabilizes as Central Bank Intervention, Bond Inflows Boost Confidence
Indonesia's rupiah is poised for stability, with analysts anticipating continued central bank support and increased foreign investment in the nation's high-yielding bonds.
Economy
Chinese Truck Influx Threatens Mexico’s US Tariff Relief Efforts
Mexico's burgeoning fleet of Chinese-made heavy trucks is complicating its bid for US tariff relief, as Washington raises concerns over North American...
Investing
Alberta Cancer Tour Raises Record $12.5M With 2,300+ Cyclists
The Enbridge Tour Alberta for Cancer secured a record $12.5 million from over 2,300 cyclists for provincial cancer care, marking a significant...
Economy
June Retail Sales Edge Up 0.2%, Driven by Cars and Online Buys
U.S. retail sales rose a modest 0.2% in June, but excluding gas, shoppers showed resilience, buying cars and boosting online sales. Falling...
Finance
Whatnot Acquires Shaped: AI Powers Live Shopping’s US Growth Ambition
Live shopping lags in North America despite China's $900B market. Whatnot acquires AI startup Shaped to solve the 'discovery problem' with real-time...
Investing
CLO Equity Profits Vanish, Sparking Investor Infighting and Exits
Once a source of 'juiciest fixed-income returns,' CLO equity tranches now face steep losses, driving investors to exit and fueling bitter disputes...