TORONTO (Reuters) - Canada’s benchmark stock index slipped on Friday but notched its sharpest weekly gain in almost three months, as big banks and some miners pulled back. - The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended down 17.36 points, or 0.11 percent, at 16,165.27. -...
All eyes are on the sideshow at GameStop once again today. It hit $365 overnight before falling back to $236, which is still much higher than yesterday's close at $147. The other meme stock that's running today is theatre-operator AMC, whose shares are up 400% in the premarket at $20.48...
Bitcoin witnessed a sudden double-digit spike to 10-day highs on Friday. The top cryptocurrency picked up a bid near $32,000 at around 08:30 UTC and jumped to $37,050, the highest level since Jan. 19, according to CoinDesk 20 data. The 15.7% rise happened in less than 15 minutes and more...
(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general has announced. The settlement announced on Friday by California Attorney General Xavier Becerra was the...
Coca-Cola has come under fire from conservative critics, who have accused the drinks brand of reverse racism, after it used a training video that encouraged staff to “try to be less white”. The content of a training session was leaked by a Coca-Cola employee who sent pictures of slides asking...
John Cronin is crazy about socks. Actually, he is crazy about crazy socks. Hence the name for his online sock company, John's Crazy Socks, that sells crazy, unusual, distinctively fun socks. John and his father/co-founder, Mark, were in town for New Avenues to Independence's gala Applause at the Zoo...
Shares in GameStop rose as much as 130% higher early on in Wednesday's pre-market, after billionaire Elon Musk tweeted "Gamestonk!!" in after-hours trading. "Stonks" is usually used in investing banter on social media for widely-held stocks. The Tesla founder posted a link to the popular subreddit WallStreetBets, members of which have...
Apple Stock Price Falls As Analysts Warn iPhone X Sales Are Dropping. Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lacklustre demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers. Sinolink...
The rumours are true: FCA (Fiat Chrysler Automobiles) is merging with PSA, the European maker of Peugeot, Citroen, Opel and Vauxhall vehicles, both corporations confirmed in a press release October 31. According to The Detroit Free Press, the two companies struck a deal that will see a 50-50 joint shareholder-owned...
PARIS (Reuters) - Boeing Co (BA.N) is eyeing a broad partnership with Embraer (EMBR3.SA) reaching beyond commercial aircraft to defense and global services, but its shape hinges on talks with the Brazilian government.     The U.S. aerospace group has yet to make a formal offer and its final...